Global LTCC and HTCC Market
The global LTCC and HTCC market was valued at USD 3 billion in 2021 which expected to reach USD 4 billion by 2027 at a CAGR 3.79% from 2021-2027.
HTCC has more resistance conductive layers than LTCC and is commonly used in ultra-high-recurrence electronic packaging applications. LTCC, on the other hand, is primarily used in multi-chip modules, high-frequency modules, capacitors, conductors, inductors, transformers, and radio frequency applications. As a result, the demand for LTCC procedures exceeds that for HTCC procedures.
Market Drivers
The growing demand for microelectronics in vehicles and aircraft to provide a safer ride is expected to drive market growth over the forecast period. Ceramic substrates such as LTCC and HTCC are widely used in a variety of industries, including automotive, telecommunications, and consumer electronics. Growing concerns about developing high-performance small-sized circuit boards for electronic components at low manufacturing costs are expected to drive market growth in the coming years.
Market Challenge
LTCC is an appealing solution for microelectronic device packaging; however, numerous studies are underway to overcome challenges encountered during LTCC production, processing, and application. Chemical issues arise from the interaction of thick films and glass phases in tapes, while physical issues arise from the mismatch of screen-printed paste and tape.
Market Segmentation
The Global LTCC and HTCC Market is segmented into Product, Application. By Product such as LTCC, HTCC. Further, market is segmented into By Application such as Automotive, Telecommunication, Aerospace & Defense, Consumer Electronics, Others.
Regional Analysis
Global LTCC and HTCC Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the LTCC and HTCC market. Owing to the rapidly expanding automotive, consumer, and industrial electronics sectors in countries such as India, China, South Korea, and Japan Government incentive schemes for EVs are expected to attract auto-electronic product manufacturers to the region. Furthermore, with the advent of 5G technology, China is seeing investments in its power electronics industry, which is expected to benefit market growth.
The second-largest regional market was North America. Demand for LTCCs and HTCCs in North America is being driven by rising consumer electronics sales, an expanding automobile industry, and the modernization of power evacuation infrastructure in the United States and Canada. In recent years, the power generation scenario in the United States has seen a rapid transition, with rooftop solar panels and wind farms increasingly being integrated into the country's power grid network.
The high demand for capacitors (manufactured using electro ceramics) in motor vehicles drives the market in North America. With a total production of 11.2 million units in 2017, the United States is one of the world's largest automakers, with a sizable domestic market for passenger cars and trucks. The large-scale production of motor vehicles continues to support the demand for electro ceramic capacitors, boosting the growth of the North American market.
Key Players
Various key players are listed in this report such as KYOCERA Corporation, DuPont de Nemours Inc., Murata Manufacturing Co. Ltd., KOA Corporation, TDK Corporation, Hitachi Metals Ltd., Yokowo Co. Ltd., NGK SPARK PLUG CO. LTD., MARUWA Co. Ltd., Nikko Co. Ltd, among others.
Market Taxonomy
By Product
By Application
By Region
Key Questions Addressed by the Report
Global LTCC and HTCC Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global LTCC and HTCC Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global LTCC and HTCC Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global LTCC and HTCC Market Share Analysis, By Product
5.3 Global LTCC and HTCC Market Size and Forecast, By Product
5.3.1 LTCC
5.3.2 HTCC
6 Global LTCC and HTCC Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global LTCC and HTCC Market Share Analysis, By Application
6.3 Global LTCC and HTCC Market Size and Forecast, By Application
6.3.1 Automotive
6.3.2 Telecommunication
6.3.3 Aerospace & Defense
6.3.4 Consumer Electronics
6.3.5 Others
7 Global LTCC and HTCC Market, By Region
7.1 Global LTCC and HTCC Market Share Analysis, By Region
7.2 Global LTCC and HTCC Market Share Analysis, By Region
7.3 Global LTCC and HTCC Market Size and Forecast, By Region
8 North America LTCC and HTCC Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America LTCC and HTCC Market Share Analysis, By Product
8.3 North America LTCC and HTCC Market Size and Forecast, By Application
8.4 North America LTCC and HTCC Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe LTCC and HTCC Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe LTCC and HTCC Market Share Analysis, By Product
9.3 Europe LTCC and HTCC Market Size and Forecast, By Application
9.4 Europe LTCC and HTCC Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific LTCC and HTCC Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific LTCC and HTCC Market Share Analysis, By Product
10.3 Asia Pacific LTCC and HTCC Market Size and Forecast, By Application
10.4 Asia Pacific LTCC and HTCC Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America LTCC and HTCC Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America LTCC and HTCC Market Share Analysis, By Product
11.3 Latin America LTCC and HTCC Market Size and Forecast, By Application
11.4 Latin America LTCC and HTCC Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East LTCC and HTCC Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East LTCC and HTCC Market Share Analysis, By Product
12.3 Middle East LTCC and HTCC Market Size and Forecast, By Application
12.4 Middle East LTCC and HTCC Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 KYOCERA Corporation
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. DuPont de Nemours Inc
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Murata Manufacturing Co. Ltd
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 KOA Corporation
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 TDK Corporation.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Hitachi Metals Ltd
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Yokowo Co. Ltd.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 NGK SPARK PLUG CO. LTD.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 MARUWA Co. Ltd.
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Nikko Co. Ltd.
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
