Global Low-Temperature Co-Fired Ceramic (LTCC) Substrates Market to Reach $6.5 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Low-Temperature Co-Fired Ceramic (LTCC) Substrates estimated at US$4.2 Billion in the year 2020, is projected to reach a revised size of US$6.5 Billion by 2027, growing at a CAGR of 6.4% over the analysis period 2020-2027. Glass Ceramics, one of the segments analyzed in the report, is projected to record a 7% CAGR and reach US$3.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Glass Ceramic Composites segment is readjusted to a revised 5.9% CAGR for the next 7-year period.The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 9.9% CAGR
The Low-Temperature Co-Fired Ceramic (LTCC) Substrates market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 9.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$883.7 Million by the year 2027.Glass-Bonded Ceramics Segment to Record 5.4% CAGR
In the global Glass-Bonded Ceramics segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$596.8 Million in the year 2020 will reach a projected size of US$837.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 6.6% CAGR through the analysis period.Select Competitors (Total 46 Featured) -
- Dow, Inc.
- DuPont de Nemours, Inc.
- Koa Speer Electronics, Inc.
- Kyocera Corporation
- Murata Manufacturing Co., Ltd.
- Selmic Oy
- Taiyo Yuden Co., Ltd.
- TDK Corporation
- Yokowo Co., Ltd.
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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- Access to digital archives and Research Platform
- Complimentary updates for one year
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Report Attribute | Details |
---|---|
No. of Pages | 296 |
Published | October 2022 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 4.2 Billion |
Forecasted Market Value ( USD | $ 6.5 Billion |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
A selection of companies mentioned in this report includes:
- Dow, Inc.
- DuPont de Nemours, Inc.
- Koa Speer Electronics, Inc.
- Kyocera Corporation
- Murata Manufacturing Co., Ltd.
- Selmic Oy
- Taiyo Yuden Co., Ltd.
- TDK Corporation
- Yokowo Co., Ltd.