The report is titled as ‘LTCC and HTCC Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the LTCC and HTCC market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. LTCC and HTCC market is expected to grow with significant rate in the near future.
The global LTCC and HTCC market in 2020 is estimated for more than US$ 3.4 Bn and expected to reach a value of US$ 4.4 Bn by 2028 with a significant CAGR of 3.4%.
LTCC and HTCC Market Definition
A low-temperature co-fired ceramic (LTCC) instrument is one of the most swiftly grown essential passive instruments which offers a clarification to the assimilation of passive elements, such as resistor, capacitor, resonator, inductor, filter, and many more into a multi-tiered ceramic module by interlinking each element in tiers. In a like manner, a high-temperature co-fired ceramic (HTCC) is the similar instrument but with more resistance conductive tiers that is basically employed in extremely high-recurrence electronic packaging applications.
Noticeably, the ceramics packaging solutions are more preferred over all traditional organic technologies owing to its excellent reliability performance. Owing to which, the LTCC and HTCC technologies are witnessing enormous demand in the global market, thus projected to strengthen global market position in the near future.
By the same token, there is only a portion of the development cost needed for monolithic semiconductor assimilation, which further supports the growth of the global LTCC and HTCC market.
LTCC and HTCC Market Dynamics
The constantly evolving automotive industry and the surging count of electronic assembly units of the automotive vehicles is majorly expected to boost the growth of the LTCC and HTCC market in the forthcoming years.
Likewise, the soaring number of electronic elements in an automotive vehicle is also estimated to give a positive push to the growth of the LTCC and HTCC market during the forecast period. On top of that, the LTCC and HTCC multi-tiered substrates are having numerous applications such as they are employed for several different elements like sensors, electronic control unit (ECU), and LED packages. Attributing to which, the LTCC and HTCC market is projected to witness significant growth during the forecast period.
By the same token, the low temperature co-fired ceramic employed as low-cost substrate technology in electronic engineering also promotes its utility in several different industries in high-recurrence modules, multi-chip modules, conductors, capacitors, transformers, inductors, and other related radio recurrence applications.
The continuously evolving telecommunications, aerospace and defense, automotive, and medical end-use industries over the last few years is majorly contributing to the rising demand of LTCC and HTCC technologies, hence expected to further propel the growth of the LTCC and HTCC market in the upcoming years.
LTCC and HTCC Market Key Players
Some of the key participating players in global LTCC and HTCC market are
• KYOCERA Corporation
• DowDuPont Inc.
• Murata Manufacturing Co., Ltd.
• KOA Corporation
• Hitachi Metals, Ltd.
• Yokowo Co., Ltd.
• NGK SPARK PLUG CO., LTD.
• MARUWA Co., Ltd.
• Micro Systems Technologies
• TDK Corporation
• NIKKO COMPANY
LTCC and HTCC Market Segmentation
The LTCC and HTCC market is segmented on the basis of process type, material type, end-user industry, and region.
By Process Type
LTCC (Low-Temperature Co-Fired Ceramic)
HTCC (High-Temperature Co-Fired Ceramic)
By Material Type
Glass-Ceramic
Ceramic
By End User Industry
Automotive
Telecommunications
Aerospace & Defense
Medical
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
MMC Overview on LTCC and HTCC Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the LTCC and HTCC market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of LTCC and HTCC
• Advantage of LTCC and HTCC over other modalities
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global LTCC and HTCC Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global LTCC and HTCC Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global LTCC and HTCC Market Snapshot
2.4. Global LTCC and HTCC Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global LTCC and HTCC Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global LTCC and HTCC Market, By Process Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Process Type
3.1.2. BPS Analysis, By Process Type
3.2. Market Revenue (US$Mn) Forecast, By Process Type
3.2.1. LTCC (Low-Temperature Co-Fired Ceramic)
3.2.2. HTCC (High-Temperature Co-Fired Ceramic)
3.3. Global LTCC and HTCC Market Attractiveness Index, By Process Type
4. Global LTCC and HTCC Market, By Material Type
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Material Type
4.1.2. BPS Analysis, By Material Type
4.2. Market Revenue (US$Mn) Forecast, By Material Type
4.2.1. Glass-Ceramic
4.2.2. Ceramic
4.3. Global LTCC and HTCC Market Attractiveness Index, By Material Type
5. Global LTCC and HTCC Market, By End-User Industry
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By End-User Industry
5.1.2. BPS Analysis, By End-User Industry
5.2. Market Revenue (US$Mn) Forecast, By End-User Industry
5.2.1. Automotive
5.2.2. Telecommunications
5.2.3. Aerospace & Defense
5.2.4. Medical
5.2.5. Others
5.3. Global LTCC and HTCC Market Attractiveness Index, By End-User Industry
6. Global LTCC and HTCC Market, By Region
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Region
6.1.2. BPS Analysis, By Region
6.2. Market Revenue (US$Mn) Forecast, By Region
6.2.1. North America
6.2.2. Latin America
6.2.3. Europe
6.2.4. Asia Pacific
6.2.5. Middle East
6.2.6. Africa
6.3. Global LTCC and HTCC Market Attractiveness Index, By Region
7. North America LTCC and HTCC Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) Forecast, By Country
7.2.1. U.S. LTCC and HTCC Market
7.2.2. Canada LTCC and HTCC Market
7.3. North America LTCC and HTCC Market, By Process Type
7.3.1. LTCC (Low-Temperature Co-Fired Ceramic)
7.3.2. HTCC (High-Temperature Co-Fired Ceramic)
7.4. North America LTCC and HTCC Market, By Material Type
7.4.1. Glass-Ceramic
7.4.2. Ceramic
7.5. North America LTCC and HTCC Market, By End-User Industry
7.5.1. Automotive
7.5.2. Telecommunications
7.5.3. Aerospace & Defense
7.5.4. Medical
7.5.5. Others
7.6. North America LTCC and HTCC Market Attractiveness Index
7.6.1. By Country
7.6.2. By Process Type
7.6.3. By Material Type
7.6.4. By End-User Industry
8. Latin America LTCC and HTCC Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. Brazil LTCC and HTCC Market
8.2.2. Mexico LTCC and HTCC Market
8.2.3. Argentina LTCC and HTCC Market
8.2.4. Rest of Latin America LTCC and HTCC Market
8.3. Latin America LTCC and HTCC Market, By Process Type
8.3.1. LTCC (Low-Temperature Co-Fired Ceramic)
8.3.2. HTCC (High-Temperature Co-Fired Ceramic)
8.4. Latin America LTCC and HTCC Market, By Material Type
8.4.1. Glass-Ceramic
8.4.2. Ceramic
8.5. Latin America LTCC and HTCC Market, By End-User Industry
8.5.1. Automotive
8.5.2. Telecommunications
8.5.3. Aerospace & Defense
8.5.4. Medical
8.5.5. Others
8.6. Latin America LTCC and HTCC Market Attractiveness Index
8.6.1. By Country
8.6.2. By Process Type
8.6.3. By Material Type
8.6.4. By End-User Industry
9. Europe LTCC and HTCC Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. U.K. LTCC and HTCC Market
9.2.2. Germany LTCC and HTCC Market
9.2.3. Italy LTCC and HTCC Market
9.2.4. France LTCC and HTCC Market
9.2.5. Spain LTCC and HTCC Market
9.2.6. Russia LTCC and HTCC Market
9.2.7. Poland LTCC and HTCC Market
9.2.8. BENELUX LTCC and HTCC Market
9.2.9. NORDIC LTCC and HTCC Market
9.2.10. Rest of Europe LTCC and HTCC Market
9.3. Europe LTCC and HTCC Market, By Process Type
9.3.1. LTCC (Low-Temperature Co-Fired Ceramic)
9.3.2. HTCC (High-Temperature Co-Fired Ceramic)
9.4. Europe LTCC and HTCC Market, By Material Type
9.4.1. Glass-Ceramic
9.4.2. Ceramic
9.5. Europe LTCC and HTCC Market, By End-User Industry
9.5.1. Automotive
9.5.2. Telecommunications
9.5.3. Aerospace & Defense
9.5.4. Medical
9.5.5. Others
9.6. Europe LTCC and HTCC Market Attractiveness Index
9.6.1. By Country
9.6.2. By Process Type
9.6.3. By Material Type
9.6.4. By End-User Industry
10. Asia Pacific LTCC and HTCC Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. China LTCC and HTCC Market
10.2.2. India LTCC and HTCC Market
10.2.3. Japan LTCC and HTCC Market
10.2.4. Australia and New Zealand LTCC and HTCC Market
10.2.5. South Korea LTCC and HTCC Market
10.2.6. ASEAN LTCC and HTCC Market
10.2.7. Rest of Asia Pacific LTCC and HTCC Market
10.3. Asia Pacific LTCC and HTCC Market, By Process Type
10.3.1. LTCC (Low-Temperature Co-Fired Ceramic)
10.3.2. HTCC (High-Temperature Co-Fired Ceramic)
10.4. Asia Pacific LTCC and HTCC Market, By Material Type
10.4.1. Glass-Ceramic
10.4.2. Ceramic
10.5. Asia Pacific LTCC and HTCC Market, By End-User Industry
10.5.1. Automotive
10.5.2. Telecommunications
10.5.3. Aerospace & Defense
10.5.4. Medical
10.5.5. Others
10.6. Asia Pacific LTCC and HTCC Market Attractiveness Index
10.6.1. By Country
10.6.2. By Process Type
10.6.3. By Material Type
10.6.4. By End-User Industry
11. Middle East LTCC and HTCC Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. GCC Countries LTCC and HTCC Market
11.2.2. Israel LTCC and HTCC Market
11.2.3. Oman LTCC and HTCC Market
11.2.4. Rest of Middle East LTCC and HTCC Market
11.3. Middle East LTCC and HTCC Market, By Process Type
11.3.1. LTCC (Low-Temperature Co-Fired Ceramic)
11.3.2. HTCC (High-Temperature Co-Fired Ceramic)
11.4. Middle East LTCC and HTCC Market, By Material Type
11.4.1. Glass-Ceramic
11.4.2. Ceramic
11.5. Middle East LTCC and HTCC Market, By End-User Industry
11.5.1. Automotive
11.5.2. Telecommunications
11.5.3. Aerospace & Defense
11.5.4. Medical
11.5.5. Others
11.6. Middle East LTCC and HTCC Market Attractiveness Index
11.6.1. By Country
11.6.2. By Process Type
11.6.3. By Material Type
11.6.4. By End-User Industry
12. Africa LTCC and HTCC Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. South Africa LTCC and HTCC Market
12.2.2. Egypt LTCC and HTCC Market
12.2.3. North Africa LTCC and HTCC Market
12.2.4. Rest of Africa LTCC and HTCC Market
12.3. Africa LTCC and HTCC Market, By Process Type
12.3.1. LTCC (Low-Temperature Co-Fired Ceramic)
12.3.2. HTCC (High-Temperature Co-Fired Ceramic)
12.4. Africa LTCC and HTCC Market, By Material Type
12.4.1. Glass-Ceramic
12.4.2. Ceramic
12.5. Africa LTCC and HTCC Market, By End-User Industry
12.5.1. Automotive
12.5.2. Telecommunications
12.5.3. Aerospace & Defense
12.5.4. Medical
12.5.5. Others
12.6. Africa LTCC and HTCC Market Attractiveness Index
12.6.1. By Country
12.6.2. By Process Type
12.6.3. By Material Type
12.6.4. By End-User Industry
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. KYOCERA Corporation
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Type Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. DowDuPont Inc.
14.3.3. Murata Manufacturing Co., Ltd.
14.3.4. KOA Corporation
14.3.5. Hitachi Metals, Ltd.
14.3.6. Yokowo Co., Ltd.
14.3.7. NGK SPARK PLUG CO., LTD.
14.3.8. MARUWA Co., Ltd.
14.3.9. Micro Systems Technologies
14.3.10. TDK Corporation
14.3.11. NIKKO COMPANY
15. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global LTCC and HTCC Market in 2020 is estimated for more than US$ 3.4 Bn and expected to reach a value of US$ 4.4 Bn by 2028 with a significant CAGR of 3.4%.
What are the key factors driving the growth of market?
The constantly evolving automotive industry and the surging count of electronic assembly units of the automotive vehicles is majorly expected to boost the growth of the LTCC and HTCC market in the forthcoming years.
What segments are covered in market report?
The LTCC and HTCC market is segmented on the basis of process type, material type, end-user industry, and region.
What are the key participating players in the market?
Some of the key participating players in global LTCC and HTCC market are KYOCERA Corporation, DowDuPont Inc., Murata Manufacturing Co., Ltd., KOA Corporation, Hitachi Metals, Ltd., Yokowo Co., Ltd., NGK SPARK PLUG CO., LTD., MARUWA Co., Ltd., Micro Systems Technologies, TDK Corporation, and NIKKO COMPANY
