Albany, NY -- (SBWIRE) -- 07/27/2017 -- MLCCs are incorporated in smartphones and tablets as their functions have become increasingly complex and sophisticated. In recent years, increased demand for smartphones and tablets, coupled with cost efficiency is expected to drive market growth of MLCC. To explore further details on its market growth, Market Research Hub (MRH) has broadcasted a study titled "Asia-Pacific High Capacitance MLCC Market Report 2017" to its wide repository. The report forecasts the market growth prospects until the end of 2022 covering Asia-Pacific region, with a prime focus on countries such as China, South Korea, India, Taiwan, Australia, Southeast Asia and Japan.

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The Asia-Pacific region is expected to be a key manufacturing hub for electronic device manufacturers. According to this new study, Asia Pacific market has gained significant growth, in terms of value in 2016 and is also anticipated to reach a maximum value in USD million by the end of 2022, growing at an impressive double-digit CAGR between 2017 and 2022. Additionally, the study includes drivers and restraints as well as opportunities in this market. It also covers the impact of these drivers and restraints on demand for MLCC during the forecast period of 2017-2022.

Multilayer Ceramic Capacitors (MLCC) can be defined as, a type of ceramic capacitors which consist of alternate layers of metal and ceramic to make a multi-layer chip. The ceramic layer acts as a dielectric. There are many different kinds of multilayer ceramic capacitors, one of the most popular types include capacitance. The most common values for capacitance are 10 nF, 100 nF and 1 µF. They possess low impedance values at high operating frequencies, as a result of which they are widely used in electronic devices for the crucial function of noise suppression.

The market has been further segmented into its product types and end-users/application. On the basis of product type, it mainly covers base metal electrode (BME) and PGM. Major applications are electronics Industry, Space, Communications Industry and others. At present, increasing demand for MLCCs in the electronics market is a major driver for the growth of this market. The research also adds that adoption of improved technology and development initiatives has driven production activities in this region.

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This study addresses the rapidly escalating value and volume of consumption for high capacitance MLCC and the raw materials consumed in its production. Moreover, a detailed analysis is done covering the above regions by capacity, production, revenue (value), supply and consumption. The application of High Capacitance MLCC is analyzed for market share and growth rate for the forecasted period.

The competition by top manufacturers along with their capacity, production, share, average price, distribution, sales area and product type are analyzed in the report. Top players in the Asia-Pacific market mentioned in the study are KYOCERA, TDK, WALSIN, YAGEO, MURATA and SEMCO.

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