Global Low Temperature Co-fired Ceramic (LTCC) Market Growth 2019-2024

LTCC is a type of multilayer ceramic substrate that made by lower temperature (usually from 850 to 900℃) firing process than general ceramic firing process by adding glass to alumina. It makes it possible to use low resistive conductor as conductor patterns in.
Currently, the LTCC industry concentration is relatively high, there are approximately sixties producers distributed in the Japan, North America, Europe and China, and the top ten producers occupy for over 53% of global LTCC devices production. Japan is the largest producer and exporter in the world, over 50% of global LTCC devices, and the Murata, Kyocera, TDK, Taiyo Yuden, KOA Corporation and Yokowo, dominate the market for many years. The North America is the second producer in 2015; American Technical Ceramics and NEO Tech are the two most important producers in the America, and DuPont is a very important play in the LTCC tapes, which supplies LTCC tapes to most of the LTCC devices producers. The Europe also plays an important role in LTCC market, especially Germany and Finland; Bosch, IMST GmbH, MST, Via Electronic, and API Technologies (CMAC), are the most major manufacturers in Europe, these manufacturers mainly focus on the industrial areas, like automobile, communication, medical treatment, aviation and military fields etc. China is the largest consumer in the world; most of the electronic products are made in China, especially smartphone, computer, tablet, Television, and other electronic components. China consumes over 32% of the LTCC devices (LTCC Components, LTCC Substrates, LTCC Modules) in 2015, but most of the LTCC devices relies on import, from Japan.

Globally, the production of LTCC devices was 39.6 billion in 2015, and it will reach 87.9 billion in 2021, thanks to the fast growing of the smartphones and electronic products in the world, especially in emerging market, like China, India and Southeast Asia regions. The production value of LTCC devices was approximately 2.55 billion in 2015, and it is expected than the production value will be 5.19 billion in 2021.

In the future, the LTCC industry will keep a trend of rapid growth, due to the fast growing of mobile internet in the world. The LTCC market space is huge, full of chances and challenges.


According to this study, over the next five years the Low Temperature Co-fired Ceramic (LTCC) market will register a 11.3% CAGR in terms of revenue, the global market size will reach US$ 6120 million by 2024, from US$ 3220 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Low Temperature Co-fired Ceramic (LTCC) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Low Temperature Co-fired Ceramic (LTCC) market by product type, application, key manufacturers and key regions and countries.

This study considers the Low Temperature Co-fired Ceramic (LTCC) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
ChengDian Electronic(CN)
Microgate(CN)
Fenghua Advanced Technology(CN)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Consumer Electronics
Aerospace & Military
Automobile Electronics

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Murata(JP)
Kyocera(JP)
TDK(JP)
Taiyo Yuden(JP)
KOA Corporation(JP)
Yokowo(JP)
Hitachi Metals(JP)
NIKKO(JP)
Soshin Electric(JP)
Bosch(DE)
IMST GmbH(DE)
MST(DE)
Via Electronic(DE)
Adamant(JP)
API Technologies(BE)
Selmic(FL)
VTT(FL)
American Technical Ceramics(US)
NEO Tech(US)
NTK Technologies(US)
Northrop Grumman(US)
Samsung Electro-Mechanics(KR)
PILKOR CND(KR)
ACX Corp(TW)
Yageo(TW)
Walsin Technology(TW)
Darfon Materials(TW)
Elit Fine Ceramics(TW)
Sunlord(CN)
CETC 43rd Institute(CN)

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Low Temperature Co-fired Ceramic (LTCC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Low Temperature Co-fired Ceramic (LTCC) market by identifying its various subsegments.
Focuses on the key global Low Temperature Co-fired Ceramic (LTCC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Low Temperature Co-fired Ceramic (LTCC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Low Temperature Co-fired Ceramic (LTCC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.