Global Multi-Layer Ceramic Capacitor Market Analysis by Knowledge Sourcing Intelligence

The major factors driving the demand for MLCC is the rising global demand for consumer electronics and electric vehicles. The demand for the global multi-layer ceramic capacitor market in electric vehicles is bolstering. In addition, consumers are adopting environmentally friendly approaches in their everyday lives to reduce carbon footprint and restrict the overall impact of fossil fuels. This will boost the demand for electric vehicles as it uses an alternative source of energy.