LTCC and HTCC Market 2023: Detailed Analysis and growth trends post-COVID-19 Outbreak  

The LTCC and HTCC market was estimated at USD 3.17 billion in 2022 and is likely to grow at a CAGR of 3.77% during 2023-2028 to reach USD 3.96 billion in 2028.

Stratview Research announces the launch of a new research report on the LTCC and HTCC Market is Segmented by Process Type (LTCC, HTCC), by Material Type (Glass-Ceramic, Ceramic), by End-Use Industry Type (Automotive, Telecommunications, Aerospace & Defense, Medical, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

The LTCC and HTCC market was estimated at USD 3.17 billion in 2022 and is likely to grow at a CAGR of 3.77% during 2023-2028 to reach USD 3.96 billion in 2028.

The prime factor that is contributing to the demand for LTCCs and HTCCs is the rising demand for high-performance miniature electronic devices.

What are LTCC and HTCC?

LTCC and HTCC are types of co-fired ceramics. LTCC stands for Low-Temperature Co-fired Ceramic. HTCC stands for High-Temperature Co-fired Ceramic. Co-fired ceramic devices are ceramic microelectronic devices where the entire ceramic support structure and any resistive, conductive, and dielectric materials are fired in a kiln at the same time.

LTCC and HTCC include devices such as inductors, capacitors, transformers, resistors, and hybrid circuits. Co-fired ceramics are used for the strong packaging and assembly of electronic components.

Report Features

The report delivers a detailed view of the industry based on global LTCC and HTCC Market size, market growth, and opportunities. The report also analyses market key aspects such as-

  • Market structure: Overview, industry life cycle analysis, supply chain analysis

  • Covid-19 Impact analysis.

  • Market environment analysis: Growth drivers and constraints, and SWOT analysis.

  • Market trend and forecast analysis

  • Market segment trend and forecast

  • Competitive landscape and dynamics: Market share, product launches, etc.

  • Attractive market segments and associated growth opportunities

  • Emerging trends

·        Strategic growth opportunities for the existing and new players

Regional Analysis:

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, South Korea, and Taiwan being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of the electronics manufacturing industry which is generating huge demand for LTCC and HTCC. The presence of a significant number of LTCC and HTCC manufacturers in the Asia-Pacific region will also boost market growth. North America and Europe are also expected to offer substantial growth opportunities over the forecast period.

According to the report, the key players in the market are –

  • Kyocera Corporation

  • DowDuPont Inc.

  • Murata Manufacturing Co., Ltd.

  • KOA Corporation

  • Hitachi Metals, Ltd.

  • TDK Corporation

  • Yokowo Co., Ltd.

  • NGK Spark Plug Co., Ltd.

  • Maruwa Co., Ltd.

  • Micro Systems Technologies

  • Nikko Company

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