Global LTCC And HTCC Market is valued at approximately USD 2.9 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.5 % over the forecast period 2021-2027. LTCC and HTCC are basically ceramic materials defined as low temperature co-fired ceramics and high temperature co-fired ceramics. These have major applications in Automotive, Consumer Electronics, Aerospace & Defense, and Telecommunication. The increasing requirement of microelectronics in vehicles and aircraft has led to the adoption of LTCC And HTCC across the forecast period. For Instance: according to Statista in 2021, the requirement for microelectronics is increasing in various end-user industries. As per the same source, global spending on military aircraft is increased by 74 percent. It has reached USD 2 trillion in 2020. Rising demand for high-performance small-sized circuit boards enhances the market growth of LTCC and HTCC. Also, with the increasing advancement and innovation in microelectronics devices, the adoption & demand for LTCC And HTCC is likely to increase the market growth during the forecast period. However, high production cost impedes the growth of the market over the forecast period of 2021-2027.

The geographical regions considered for the global LTCC And HTCC market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is deemed as the significant region across the globe in terms of huge market share due to the rapidly increasing automotive, industrial electronics sectors and consumers. Whereas, North America is also estimated to attain a maximum growth rate during 2021-2027. Factors such as rising demand for PCBs and increasing wireless communication industry would create beneficial growth forecasts for the LTCC And HTCC market across North America region.

Major market players included in this report are:
KYOCERA Corporation (Japan)
DowDuPont Inc. (US)
Murata Manufacturing Co., Ltd. (Japan)
KOA Corporation (Japan)
TDK Corporation (Japan)
Hitachi Metals, Ltd. (Japan)
Yokowo Co., Ltd. (Japan)
NGK SPARK PLUG CO., LTD. (Japan)
MARUWA Co., Ltd. (Japan)
Micro Systems Technologies (Switzerland)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
LTCC
HTCC
By Application:
Automotive
Telecommunication
Aerospace & Defense
Consumer Electronics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global LTCC And HTCC Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

KYOCERA Corporation (Japan)
DowDuPont Inc. (US)
Murata Manufacturing Co., Ltd. (Japan)
KOA Corporation (Japan)
TDK Corporation (Japan)
Hitachi Metals, Ltd. (Japan)
Yokowo Co., Ltd. (Japan)
NGK SPARK PLUG CO., LTD. (Japan)
MARUWA Co., Ltd. (Japan)
Micro Systems Technologies (Switzerland)