Global Low Temperature Co-fired Ceramic (LTCC) Market Research Report 2023

Global Low Temperature Co-fired Ceramic (LTCC) Market Research Report 2023

The global LTCC market size was US$ 1,732 million in 2022 and is forecast to a readjusted size of US$ 2,250 million by 2029 with a CAGR of 4.52% during the review period.

Japan is the largest producer of LTCC, valued at US$ 1,070 million in 2022, will reach US$ 1,359 million by 2029, with a CAGR of 4.0% during 2023 and 2029. China Taiwan is the second producer and valued at US$ 341 million in 2022, will reach US$ 432 million by 2029, with a CAGR of 4.93% during 2023 and 2029. China mainland will grow fastest in next six years, will reach US$ 72 million by 2029, with a CAGR of 9.0% during 2023 and 2029.

The global major manufacturers of LTCC include Murata, Kyocera (AVX), TDK Corporation, Yokowo, KOA Corporation, Bosch, ACX Corp, Taiyo Yuden, Yageo (Chilisin) and Walsin Technology, etc. In terms of revenue, the global four largest players have a market share over 65% in 2022. The LTCC market is dominated by few players from Japan and Europe, key players like Murata, Kyocera, TDK, Bosch, KOA Corporation and Taiyo Yuden, etc.

Asia Pacific is the largest and the fastest-growing market of LTCC, especially strong demand from China market, high demand for LTCC components in consumer electronics, automotive, telecommunications, aerospace & defence, medical industries, etc. In next six years, the global LTCC market is driven by the demand from 5G market, especially the 5G smart phones and 5G base stations (small base stations and macro base stations).

China is the fastest-growing country in next six years, domestic market is dominated by players like Murata and TDK, especially in the high-end market. There are several local players, like Shenzhen Sunlord Electronics, Microgate, BDStar (Glead) and Fenghua Advanced, but mainly focus on the low-end market.

In terms of product type, LTCC components are the largest segment, with a share over 65% in terms of volume, and based on end market, consumer electronics are the largest market and hold a share about 78% in 2022.

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

Core Chapters

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of LTCC manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of LTCC by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of LTCC in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.