According to MLCC industry analysts, 5G will drive the demand for passive electronic components by driving the use of new generation small base stations, millimeter wave devices, smart phones and applications.

Smart phone is the largest application market for MLCC. The slim and light design of the mobile phone and the increased battery capacity reduce the space of the mobile phone motherboard and also drive the demand for ultra-small passive components. As for the trend of MLCC for mobile phones, industry insiders pointed out that the average MLCC usage of a 4G smartphones is about 550~900, which is estimated to increase to more than 1,000 in the 5G era.

According to estimates, 5 million 5G mobile phones will enter the consumer market in 2019, it will enter the high-speed growth in 2021 and expected to reach 1.5 billion by 2025. At that time, passive electronic components will once again be in short supply.

According to Japanese manufacturer statistics, the demand for ultra-small MLCCs for smart phones worldwide is about 376.3 billion pieces in 2016, it is estimated that the demand will reach 632.5 billion pieces in 2020.