The global LTCC market was valued at US$ 1,732 million in 2022.

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.

CONTACT US:
276 5th Avenue, New York , NY 10001,United States
International: (+1) 646 781 7170
Email: help@intelmarketresearch.com

Follow Us On linkedin :- https://www.linkedin.com/company/24-market-reports