Global LTCC and HTCC Market: key Vendors, Trends, Analysis, Segmentation, Forecast to 2019-2025

Global LTCC and HTCC Market: key Vendors, Trends, Analysis, Segmentation, Forecast to 2019-2025

“Global LTCC and HTCC Market”
WiseGuyReports has added new market study to its database, titled “2019 Global and Regional LTCC and HTCC Market Research Report Forecast 2025”.

Report Description:

Co-fired ceramic is prepared with a combination of conducting metals and ceramic substrate that are co-fired to obtain the multilayered and compact electronic devices. The different properties exhibited by the co-fired ceramics are excellent physical and chemical properties, inactivity, and high thermal stability. Owing to the enhanced mechanical properties, the co-fired ceramics find wide application in high radio frequency applications. 

The two most common types of co-fired ceramics are low temperature co-fired ceramics (LTCC) and high temperature co-fired ceramics (HTCC). HTCC finds use in the packaging application owing to its high mechanical hermicity and rigidity while LTCC finds use in the capacitors, conductors, inductors, transformers, and other high-frequency modules. The LTCC dominates the global LTCC and HTCC market. The use of LTCC and HTCC in the automotive industry is anticipated to increase in the coming years. 

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Market Segmentation

The global LTCC and HTCC market is segmented based on application, material type, process, and region.

Based on the application, the LTCC and HTCC market is subdivided into control units, electronic power steering antilock brake systems, LEDs, transmission control units, engine management system, entertainment & navigation systems, airbag control modules, and other applications. 

Depending on the material type, the market is segmented into ceramic and glass-ceramic. 

Depending on the process, the global market includes LTCC and HTCC. The LTCC segment dominates the global market. The increase in the demand for LTCC components in the telecommunications, automotive, medical, and aerospace and defense industry accounts for the leading position. The process of LTCC helps in the metallization with conductive materials like gold, silver, and copper at a comparatively low temperature. The LTCC also offers properties like increased functionality, high component density, reliability, and stability. The LTCC segment is estimated to witness further growth over the forecast period. 

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Geographical Market Division

Depending on the region, the global LTCC and HTCC market is divided into North America, Japan, Europe, China, Central, and South America, India, and Southeast Asia. Asia Pacific Region is the leading market segment. The increasing demand for co-fired ceramics in the telecommunications, consumer electronics, aerospace and defense, and automotive industry in the region accounts for the leading position. The increase in the manufacturing of the advanced electronic products in the industry is a contributing factor for the increasing demand of co-fired ceramics in the region. 

Top Market Players

The key global market players of LTCC and HTCC are DowDuPont Inc., KOA Corporation, Murata Manufacturing Co. Ltd., KYOCERA Corporation, Hitachi Metals Ltd., and Micro Systems Technology. Some other significant players in the global market are NIKKO Company, Yokowo Co. Ltd., MARUWA Co. Ltd., TDK Corporation, and NGK Spark Plug Co. Ltd. 

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