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LTCC & HTCC Market Growth, Revenue Share Analysis, Company Profiles, and Forecast To 2028

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 LTCC & HTCC Market Growth, Revenue Share Analysis, Company Profiles, and Forecast To 2028

The Global LTCC & HTCC Market size is estimated to reach USD 3.67 billion from USD 3.06 billion in 2019, exhibiting a CAGR of 2.2% through 2027, according to a new report by Reports and Data. The market growth is driven by the growing demand for LTCC and HTCC for data communication, automotive, microwave packaging, aerospace & defense, medical end-use, power electronics, and consumer electronics application. 

The introduction of innovative solutions and material systems combined with the benefits of thick film technologies and multilayer ceramic in order to meet the increasing demand for electronics functioning in extreme temperatures will boost LTCC & HTCC market growth. 

The materials used in HTCC are quite cheaper than LTCC, and HTCC has a higher firing temperature that enables only the refractory metals to be used, such as tungsten and molybdenum. The LTCC is designed for much lower firing temperature that allows noble metals such as silver, gold, copper, palladium, and others to be used.

 

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Key players operating in the global LTCC and HTCC market are KYOCERA Corporation, Nikko Company, KOA Corporation, Micro System Technologies, Ltd., DowDuPont Inc., The NGK Spark Plug Co., Maruwa Co. Ltd., Murata Manufacturing Co., Ltd., Yokowa Co. Ltd., and Hitachi Metals Ltd., among others.

 

These multilayer substrates are used for various components, including electronic control units, sensors, and LED packages. These products find extensive usage in the automotive sector. The ongoing research for self-driving vehicles may further supplement LTCC and HTCC market share over the forecast period.

 Download Summary:https://www.reportsanddata.com/download-summary-form/1595

 Process Type Outlook (Revenue: USD Billion; Volume: Tons; 2017-2027)

      LTCC (Low-Temperature Co-Fired Ceramic)

      HTCC (High-Temperature Co-Fired Ceramic)

 

Material Type Outlook (Revenue: USD Billion; Volume: Tons; 2017-2027)

     Glass-ceramic

Ceramic

 

End-Use Verticals Outlook (Revenue: USD Billion; Volume: Tons; 2017-2027)

Automotive

Telecommunications

Aerospace & Defense

Consumer Electronics

Others

 

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Regional Outlook (Revenue: USD Billion; Volume: Tons; 2017-2027)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

 

Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.

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About Reports and DataReports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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