电子元件及电子专用材料制造系列：2024年中国射频微波MLCC行业概览

Investment Rating - The report does not explicitly state an investment rating for the RF microwave MLCC industry Core Insights - The RF microwave MLCC market in China has experienced a compound annual growth rate (CAGR) of 12.3% from 2019 to 2023, with expectations to reach a market size of 3.642 billion yuan by 2028, maintaining a CAGR of 7.0% from 2023 to 2028 [6][17] - The communication sector is projected to increase its market share from 42.5% in 2023 to 44% by 2028, while the RF market share is expected to decrease from 7% to 14% during the same period [6][17] Summary by Sections Market Overview - The global MLCC shipment volume reached 54.7 trillion units in 2022, with a CAGR of 9.2% from 2012 to 2022. The market size is expected to reach 144.9 billion yuan by 2028, growing at a CAGR of 6.5% [4][5] RF Microwave MLCC Characteristics - RF microwave MLCCs are designed specifically for RF microwave circuits in electronic devices and are classified as Class I ceramic capacitors. The frequency range for RF is 300 kHz to 300 GHz, while microwaves range from 300 MHz to 300 GHz [6][8] Market Drivers and Trends - The growth of the RF microwave MLCC market is driven by the increase in 5G base stations and advancements in technology, particularly in the communication and military sectors. The demand for RF microwave MLCCs is expected to rise due to the expansion of 5G networks [8][10] - The medical market, particularly high-end MRI equipment, is also anticipated to boost demand for RF microwave MLCCs [8] Challenges - The industry faces challenges such as a shortage of palladium resources and a lack of technological capabilities among domestic manufacturers. However, improvements in domestic technology may lead to a gradual replacement of imported materials [9][10] Market Segmentation - The communication market is currently the largest segment for RF microwave MLCCs, accounting for 43% of total usage, primarily in mobile communication base stations [10] - The market for RF microwave MLCCs is influenced by the construction of rail transit and the demand for high-speed rail, with significant investments in infrastructure [18]