MLCC gradually recovered, with an obvious upward trend

Since 2024, the signs of recovery in capital expenditures in the MLCC (multilayer ceramic capacitor and resistor) industry have become increasingly apparent, and orders from upstream MLCC equipment manufacturers are also gradually recovering. For China’s leading overall solution provider of radio frequency, acoustic, optical testing and inspection equipment, the number of new orders this year has increased significantly compared with the same period last year. As the process of domestic substitution of high-end equipment accelerates, the company’s benefits are expected to usher in A new stage of mid- to long-term growth.
MLCC is the most widely used passive electronic component. Its main advantages are small size, wide frequency range, long life and low cost. It is known as the “rice of the electronic industry” and “king of passive components” and is widely used in consumer electronics, automotive electronics, and other industrial information electronics fields. It plays the role of oscillation, coupling, bypass and filtering in electronic circuits. Among them, consumer electronics is the largest application market for MLCC, accounting for about 70% of the market share.
Industry insiders believe that with the development of cloud computing and AI technology, there is an endless demand for a large number of high-performance MLCCs. These products are characterized by high pressure resistance, high temperature resistance, and high capacitance; and AI servers usually use large capacity and high voltage. MLCC, this type of product with special specifications not only has a higher unit price, but also has twice the usage quantity of ordinary servers. The total capacity is increased by 2-3 times, and the total purchase amount is 4-6 times higher.