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Multilayer Ceramic Capacitor Market Trends and Forecast

The future of the global multilayer ceramic capacitor market looks promising with opportunities in the computer, telecom, consumer electronic, automotive, and industrial end use industries. The global multilayer ceramic capacitor market is expected to reach an estimated $22.6 billion by 2028 with a CAGR of 7.3% from 2023 to 2028.The major drivers for this market are increasing demand for consumer electronic products, growing demand for premium smartphones, and increasing production of electric vehicles.