Industry: Electronics & Semiconductor
Published Date: 2025-10-03
Pages: 153 Pages
Report ld: 5125591
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The global Chip RF Microwave MLCC market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
The global high-end equipment field MLCC market size has maintained rapid growth in recent years. The overall market size of the global high-end equipment field MLCC market will reach 18.2 billion yuan in 2021. It is expected that the global high-end equipment field MLCC market will have a compound annual growth rate of 10.96% from 2019 to 2026.The global RF microwave MLCC market size is expected to reach US$1,233.1 million in 2029, with a compound annual growth rate of 5.0% in the next few years.
Report Includes:
This definitive report equips business leaders, decision-makers and stakeholders with a 360° view of the global Chip RF Microwave MLCC market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the Chip RF Microwave MLCC study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; top manufactures 2024 sales breakdowns by product type, by Application, by sales region SWOT analysis, and recent strategic developments.
Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 15: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Introduction to Chip RF Microwave MLCC: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Chip RF Microwave MLCC Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Palladium as Internal Electrode
1.2.3 Using Silver as Internal Electrode
1.3 Market Segmentation by Application
1.3.1 Global Chip RF Microwave MLCC Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Communications Industry
1.3.3 Radar System
1.3.4 Medical Electronics
1.3.5 Aerospace
1.3.6 Vehicle Electronics
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Chip RF Microwave MLCC Revenue Estimates and Forecasts 2020-2031
2.2 Global Chip RF Microwave MLCC Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global Chip RF Microwave MLCC Sales Estimates and Forecasts 2020-2031
2.4 Global Chip RF Microwave MLCC Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Global Production Analysis
3.1 Global Chip RF Microwave MLCC Production Capacity and Utilization Rates (2020–2031)
3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)
3.3 Regional Production Dynamics
3.3.1 Historic Production by Region (2020-2025)
3.3.2 Forecasted Production by Region (2026-2031)
3.3.3 Production Market Share by Region (2020-2031)
3.3.4 Regulatory and Trade Policy Impact on Production
3.3.5 Production Capacity Enablers and Constraints
3.4 Key Regional Production Hubs
3.4.1 North America
3.4.2 Europe
3.4.3 China
3.4.4 Japan
3.4.5 South Korea
4 Competition by Manufacturers
4.1 Global Chip RF Microwave MLCC Sales by Manufacturers
4.1.1 Global Sales Volume by Manufacturers (2020-2025)
4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
4.2 Global Chip RF Microwave MLCC Manufacturer Revenue Rankings and Tiers
4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
4.3 Manufacturer Profitability Profiles and Pricing Strategies
4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
4.3.2 Manufacturer-Level Price Trends (2020-2025)
4.4 Key Manufacturers Manufacturing Base and Headquarters
4.5 Main Product Type Market Size by Manufacturers
4.5.1 Palladium as Internal Electrode Market Size by Manufacturers
4.5.2 Using Silver as Internal Electrode Market Size by Manufacturers
4.6 Global Chip RF Microwave MLCC Market Concentration and Dynamics
4.6.1 Global Market Concentration (CR5 and HHI)
4.6.2 Entrant/Exit Impact Analysis
4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
5 Global Product Segmentation Analysis
5.1 Global Chip RF Microwave MLCC Sales Performance by Type
5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
5.1.2 Global Sales Market Share by Type (2020-2031)
5.2 Global Chip RF Microwave MLCC Revenue Trends by Type
5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
5.2.2 Global Revenue Market Share by Type (2020-2031)
5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
5.4 Product Technology Differentiation
5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
5.5.1 High-Growth Niches and Adoption Drivers
5.5.2 Profitability Hotspots and Cost Drivers
5.5.3 Substitution Threats
6 Global Downstream Application Analysis
6.1 Global Chip RF Microwave MLCC Sales by Application
6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
6.1.2 Global Sales Market Share by Application (2020-2031)
6.1.3 High-Growth Application Identification
6.1.4 Emerging Application Case Studies
6.2 Global Chip RF Microwave MLCC Revenue by Application
6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
6.2.2 Revenue Market Share by Application (2020-2031)
6.3 Global Pricing Dynamics by Application (2020-2031)
6.4 Downstream Customer Analysis
6.4.1 Top Customers by Region
6.4.2 Top Customers by Application
7 North America
7.1 North America Sales Volume and Revenue (2020-2031)
7.2 North America Key Manufacturers Sales Revenue in 2024
7.3 North America Chip RF Microwave MLCC Sales and Revenue by Type (2020-2031)
7.4 North America Chip RF Microwave MLCC Sales and Revenue by Application (2020-2031)
7.5 North America Growth Accelerators and Market Barriers
7.6 North America Chip RF Microwave MLCC Market Size by Country
7.6.1 North America Revenue by Country
7.6.2 North America Sales Trends by Country
7.6.3 US
7.6.4 Canada
7.6.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2020-2031)
8.2 Europe Key Manufacturers Sales Revenue in 2024
8.3 Europe Chip RF Microwave MLCC Sales and Revenue by Type (2020-2031)
8.4 Europe Chip RF Microwave MLCC Sales and Revenue by Application (2020-2031)
8.5 Europe Growth Accelerators and Market Barriers
8.6 Europe Chip RF Microwave MLCC Market Size by Country
8.6.1 Europe Revenue by Country
8.6.2 Europe Sales Trends by Country
8.6.3 Germany
8.6.4 France
8.6.5 U.K.
8.6.6 Italy
8.6.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
9.3 Asia-Pacific Chip RF Microwave MLCC Sales and Revenue by Type (2020-2031)
9.4 Asia-Pacific Chip RF Microwave MLCC Sales and Revenue by Application (2020-2031)
9.5 Asia-Pacific Chip RF Microwave MLCC Market Size by Region
9.5.1 Asia-Pacific Revenue by Region
9.5.2 Asia-Pacific Sales Trends by Region
9.6 Asia-Pacific Growth Accelerators and Market Barriers
9.7 Southeast Asia
9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.8 China
9.9 Japan
9.10 South Korea
9.11 China Taiwan
9.12 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2020-2031)
10.2 Central and South America Key Manufacturers Sales Revenue in 2024
10.3 Central and South America Chip RF Microwave MLCC Sales and Revenue by Type (2020-2031)
10.4 Central and South America Chip RF Microwave MLCC Sales and Revenue by Application (2020-2031)
10.5 Central and South America Investment Opportunities and Key Challenges
10.6 Central and South America Chip RF Microwave MLCC Market Size by Country
10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 Brazil
10.6.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
11.3 Middle East and Africa Chip RF Microwave MLCC Sales and Revenue by Type (2020-2031)
11.4 Middle East and Africa Chip RF Microwave MLCC Sales and Revenue by Application (2020-2031)
11.5 Middle East and Africa Investment Opportunities and Key Challenges
11.6 Middle East and Africa Chip RF Microwave MLCC Market Size by Country
11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
11.6.2 GCC Countries
11.6.3 Turkey
11.6.4 Egypt
11.6.5 South Africa
12 Corporate Profile
12.1 Murata Manufacturing Co., Ltd.
12.1.1 Murata Manufacturing Co., Ltd. Corporation Information
12.1.2 Murata Manufacturing Co., Ltd. Business Overview
12.1.3 Murata Manufacturing Co., Ltd. Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.1.4 Murata Manufacturing Co., Ltd. Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.5 Murata Manufacturing Co., Ltd. Chip RF Microwave MLCC Sales by Product in 2024
12.1.6 Murata Manufacturing Co., Ltd. Chip RF Microwave MLCC Sales by Application in 2024
12.1.7 Murata Manufacturing Co., Ltd. Chip RF Microwave MLCC Sales by Geographic Area in 2024
12.1.8 Murata Manufacturing Co., Ltd. Chip RF Microwave MLCC SWOT Analysis
12.1.9 Murata Manufacturing Co., Ltd. Recent Developments
12.2 Samsung Electro-Mechanics
12.2.1 Samsung Electro-Mechanics Corporation Information
12.2.2 Samsung Electro-Mechanics Business Overview
12.2.3 Samsung Electro-Mechanics Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.2.4 Samsung Electro-Mechanics Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.5 Samsung Electro-Mechanics Chip RF Microwave MLCC Sales by Product in 2024
12.2.6 Samsung Electro-Mechanics Chip RF Microwave MLCC Sales by Application in 2024
12.2.7 Samsung Electro-Mechanics Chip RF Microwave MLCC Sales by Geographic Area in 2024
12.2.8 Samsung Electro-Mechanics Chip RF Microwave MLCC SWOT Analysis
12.2.9 Samsung Electro-Mechanics Recent Developments
12.3 TDK Corporation
12.3.1 TDK Corporation Corporation Information
12.3.2 TDK Corporation Business Overview
12.3.3 TDK Corporation Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.3.4 TDK Corporation Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.5 TDK Corporation Chip RF Microwave MLCC Sales by Product in 2024
12.3.6 TDK Corporation Chip RF Microwave MLCC Sales by Application in 2024
12.3.7 TDK Corporation Chip RF Microwave MLCC Sales by Geographic Area in 2024
12.3.8 TDK Corporation Chip RF Microwave MLCC SWOT Analysis
12.3.9 TDK Corporation Recent Developments
12.4 Kyocera
12.4.1 Kyocera Corporation Information
12.4.2 Kyocera Business Overview
12.4.3 Kyocera Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.4.4 Kyocera Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.5 Kyocera Chip RF Microwave MLCC Sales by Product in 2024
12.4.6 Kyocera Chip RF Microwave MLCC Sales by Application in 2024
12.4.7 Kyocera Chip RF Microwave MLCC Sales by Geographic Area in 2024
12.4.8 Kyocera Chip RF Microwave MLCC SWOT Analysis
12.4.9 Kyocera Recent Developments
12.5 Taiyo Yuden Co., Ltd.
12.5.1 Taiyo Yuden Co., Ltd. Corporation Information
12.5.2 Taiyo Yuden Co., Ltd. Business Overview
12.5.3 Taiyo Yuden Co., Ltd. Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.5.4 Taiyo Yuden Co., Ltd. Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.5 Taiyo Yuden Co., Ltd. Chip RF Microwave MLCC Sales by Product in 2024
12.5.6 Taiyo Yuden Co., Ltd. Chip RF Microwave MLCC Sales by Application in 2024
12.5.7 Taiyo Yuden Co., Ltd. Chip RF Microwave MLCC Sales by Geographic Area in 2024
12.5.8 Taiyo Yuden Co., Ltd. Chip RF Microwave MLCC SWOT Analysis
12.5.9 Taiyo Yuden Co., Ltd. Recent Developments
12.6 Yageo Corporation
12.6.1 Yageo Corporation Corporation Information
12.6.2 Yageo Corporation Business Overview
12.6.3 Yageo Corporation Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.6.4 Yageo Corporation Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.5 Yageo Corporation Recent Developments
12.7 Würth Elektronik Group
12.7.1 Würth Elektronik Group Corporation Information
12.7.2 Würth Elektronik Group Business Overview
12.7.3 Würth Elektronik Group Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.7.4 Würth Elektronik Group Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.5 Würth Elektronik Group Recent Developments
12.8 Vishay Intertechnology, Inc.
12.8.1 Vishay Intertechnology, Inc. Corporation Information
12.8.2 Vishay Intertechnology, Inc. Business Overview
12.8.3 Vishay Intertechnology, Inc. Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.8.4 Vishay Intertechnology, Inc. Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.5 Vishay Intertechnology, Inc. Recent Developments
12.9 KEMET Corporation
12.9.1 KEMET Corporation Corporation Information
12.9.2 KEMET Corporation Business Overview
12.9.3 KEMET Corporation Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.9.4 KEMET Corporation Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.5 KEMET Corporation Recent Developments
12.10 Nippon Chemi-Con Corporation
12.10.1 Nippon Chemi-Con Corporation Corporation Information
12.10.2 Nippon Chemi-Con Corporation Business Overview
12.10.3 Nippon Chemi-Con Corporation Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.10.4 Nippon Chemi-Con Corporation Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.10.5 Nippon Chemi-Con Corporation Recent Developments
12.11 Johanson Technology
12.11.1 Johanson Technology Corporation Information
12.11.2 Johanson Technology Business Overview
12.11.3 Johanson Technology Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.11.4 Johanson Technology Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.11.5 Johanson Technology Recent Developments
12.12 Chaozhou Sanhuan Group
12.12.1 Chaozhou Sanhuan Group Corporation Information
12.12.2 Chaozhou Sanhuan Group Business Overview
12.12.3 Chaozhou Sanhuan Group Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.12.4 Chaozhou Sanhuan Group Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.12.5 Chaozhou Sanhuan Group Recent Developments
12.13 Holy Stone Enterprise Co., Ltd.
12.13.1 Holy Stone Enterprise Co., Ltd. Corporation Information
12.13.2 Holy Stone Enterprise Co., Ltd. Business Overview
12.13.3 Holy Stone Enterprise Co., Ltd. Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.13.4 Holy Stone Enterprise Co., Ltd. Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.13.5 Holy Stone Enterprise Co., Ltd. Recent Developments
12.14 Dalicap
12.14.1 Dalicap Corporation Information
12.14.2 Dalicap Business Overview
12.14.3 Dalicap Chip RF Microwave MLCC Product Models, Descriptions and Specifications
12.14.4 Dalicap Chip RF Microwave MLCC Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.14.5 Dalicap Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 Chip RF Microwave MLCC Industry Chain
13.2 Chip RF Microwave MLCC Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 Chip RF Microwave MLCC Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 Chip RF Microwave MLCC Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 Chip RF Microwave MLCC Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
15 Key Findings in the Global Chip RF Microwave MLCC Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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