Multilayer Ceramic Capacitor Market is estimated to grow with a significant CAGR of 5.30% during the forecast period Multilayer Ceramic Capacitor Market size was valued at USD 10.32 billion in 2020 and expected to expand to USD 17.22 billion at a compound annual growth rate (CAGR) of 5.30%. An electric component called a capacitor is made up of two electrical conductors separated by an insulating substance. A multilayer ceramic capacitor (MLCC) is a sandwich construction made up of many layers of ceramic inner electrodes. The MLCC is a surface-mounted device (SMD) capacitor that is utilised in a variety of capacitance applications, including telecommunications, data processing, PCs, hard discs, game PCs, DVDs, video cameras, mobile phones, general electronic circuits, and so on. https://www.prophecymarketinsights.com/market_insight/Global-Multilayer-Ceramic-Capacitor-Market-854