The global LTCC market was valued at US$ 1,732 million in 2022.
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
Get FREE Sample of this Report at https://www.intelmarketresearch.com/download-free-sample/142/low-temperature-co-fired-ceramic-ltcc
Forecasted to reach US$ 2,250 million by 2029, with a Compound Annual Growth Rate (CAGR) of 4.52% during the review period.
Regional Production and Projections:
Japan leads LTCC production with a value of US$ 1,070 million in 2022.
Expected to reach US$ 1,359 million by 2029, exhibiting a CAGR of 4.0%.
China Taiwan is the second-largest producer, valued at US$ 341 million in 2022, projected to reach US$ 432 million by 2029 (CAGR: 4.93%).
China mainland to experience the fastest growth, reaching US$ 72 million by 2029, with a CAGR of 9.0%.
Major LTCC Manufacturers:
Leading Companies:
Major global LTCC manufacturers include Murata, Kyocera (AVX), TDK Corporation, Yokowo, KOA Corporation, Bosch, ACX Corp, Taiyo Yuden, Yageo (Chilisin), and Walsin Technology.
Top four players hold over 65% market share in 2022, dominating the LTCC market.
Geographical Dominance:
Market dominance is concentrated in Japan and Europe.
Key players like Murata, Kyocera, TDK, Bosch, KOA Corporation, and Taiyo Yuden play a pivotal role.
Major global LTCC manufacturers include Murata, Kyocera (AVX), TDK Corporation, Yokowo, KOA Corporation, Bosch, ACX Corp, Taiyo Yuden, Yageo (Chilisin), and Walsin Technology.
Top four players hold over 65% market share in 2022, dominating the LTCC market.
Asia Pacific Dominance:
Asia Pacific is the largest and fastest-growing LTCC market.
Strong demand from China, driven by consumer electronics, automotive, telecommunications, aerospace & defense, and medical industries.
5G Market Influence:
Global LTCC market driven by 5G market demand.
Significant demand from 5G smartphones and base stations (small and macro base stations).
Asia Pacific is the largest and fastest-growing LTCC market.
Strong demand from China, driven by consumer electronics, automotive, telecommunications, aerospace & defense, and medical industries.
Fastest-Growing Country:
China emerges as the fastest-growing LTCC market in the next six years.
Dominated by major players like Murata and TDK, particularly in the high-end market.
Local players such as Shenzhen Sunlord Electronics, Microgate, BDStar (Glead), and Fenghua Advanced focus on the low-end market.
China emerges as the fastest-growing LTCC market in the next six years.
Dominated by major players like Murata and TDK, particularly in the high-end market.
Local players such as Shenzhen Sunlord Electronics, Microgate, BDStar (Glead), and Fenghua Advanced focus on the low-end market.
LTCC Components:
Largest segment, constituting over 65% in terms of volume.
Consumer Electronics:
Largest market segment, holding a share of about 78% in 2022.
Largest segment, constituting over 65% in terms of volume.
5G Market Driving Growth:
LTCC market growth fueled by increasing demand for 5G technology.
Notable demand expected in 5G smartphones and base stations.
China's High-End Market Focus:
China's LTCC market growth primarily driven by players targeting the high-end market.
Presence of both global and local players shaping the competitive landscape.
LTCC market growth fueled by increasing demand for 5G technology.
Notable demand expected in 5G smartphones and base stations.
Report Scope
This report aims to provide a comprehensive presentation of the global market for LTCC, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LTCC.
The LTCC market size, estimations, and forecasts are provided in terms of output/shipments (K Pieces) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global LTCC market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the LTCC manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
Murata Manufacturing
Kyocera (AVX)
TDK Corporation
Mini-Circuits
Taiyo Yuden
Samsung Electro-Mechanics
Yokowo
KOA (Via Electronic)
Proterial, Ltd
Nikko
Adamant Namiki
Bosch
IMST GmbH
MST
Spectrum Control
Selmic
NEO Tech
NTK/NGK
Raltron Electronics
NeoCM
ACX Corp
Yageo (Chilisin)
Walsin Technology
GSC-Tech Corp
Shenzhen Sunlord Electronics
Microgate
BDStar (Glead)
Fenghua Advanced Technology
YanChuang Optoelectronic Technology
CETC 43rd Institute
Elit Fine Ceramics
Shenzhen Zhenhuafu Electronics
Zhuzhou Hondda Electronics
SoarTech
Tensky
ShenZhen FTR Technologies
by Type
LTCC Components
LTCC Substrates
LTCC Module
LTCC Package Shells
by Application
Consumer Electronics & Communications
Aerospace and Military
Automobile Electronics
Others
Production by Region
North America
Europe
Japan
South Korea
China Mainland
China Taiwan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Nordic Countries
Rest of Europe
South America
Mexico
Brazil
Rest of South America
key trends in the Low Temperature Co-fired Ceramic (LTCC) market:
5G infrastructure driving rapid growth: With the rollout of 5G networks globally, LTCC is seeing high adoption due to advantages like miniaturization and high frequency handling for wireless communication components like antennas and filters.
Integration into automotive sector: LTCC is gaining increasing applications in automotive electronics like engine control units, sensors and ADAS systems due to its versatility, precision and robust performance at high temperatures.
Technological advancements: LTCC manufacturers are innovating with thinner layers, smaller via dimensions, wider dielectric constant ranges and improved thermal conductivity - expanding scope of applications.
Miniaturized medical devices: With focus on point-of-care diagnostics and wearable medical devices, LTCC is being integrated into products like implantables, micro pumps and transdermal patches due to biocompatibility.
Manufacturing capacity expansion: Major LTCC manufacturers in Japan, USA and Europe are significantly increasing fab capacities with demand forecast to grow at over 10% CAGR over the next 5 years.
Supply chain activity in APAC: Asian markets led by Taiwan, China and South Korea are developing expertise in LTCC substrates - indicating shifting supply chains towards the region close to electronics manufacturing hubs.
Get the Complete Report & TOC at https://www.intelmarketresearch.com/semiconductor-and-electronics/142/low-temperature-co-fired-ceramic-ltcc
CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: help@intelmarketresearch.comFollow Us On linkedin :- https://www.linkedin.com/company/24-market-reports