Published: Nov-2022|  Format: PDF | MBI Research |  Number of pages: 140 | Code: MBI-3929436

Low Temperature Co Fired Ceramics Market Size, Share, Growth & Demand Analysis Report By Material (Ceramic, Silicon, Glass, and Others) By Type (Glass bonded ceramics and Glass ceramic composites) Forecast Period 2022-2030

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Market Overview:

The Global Low-Temperature Co Fired Ceramics Market size was valued at USD 4.05 billion in 2021 and is projected to register a valuation of USD 7.56 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.3% over the forecast period 2022-2030. Key factors driving market revenue growth are increasing deployment of LTCC technology in Radio Frequency (RF) and High-Frequency applications, and industries such as medical, automotive, energy and gas, etc, and in the application.

Low-temperature co-fired ceramic technology is exceptionally well suited for a variety of applications including high-volume automotive systems, high-frequency radio frequency (RF), microwave, radar, and wireless products. Low-temperature co-fired ceramic technology has developed continuously and brought a sea change in the electro-ceramic industry by creating one-of-a-kind products and systems.

Co-firing can be classified into high temperature and low temperature. A low-temperature co-fired ceramic is a multi-layer glass-ceramic substrate that is co-fired with a low-firing metallic conductor. Low-temperature co-fired ceramic devices provide a solution for the integration of passive components such as filters, resistors, capacitors, resonators, and others.

Covid-19 Impact Analysis:

The outbreak of COVID-19 and the subsequent extent of the lockdown have impacted the low-temperature co-fired ceramics market across the globe. As the Covid-19 crisis continues, many global industrial manufacturing companies are facing challenging times including production shutdowns, transportation, supply chain disruptions, cost increases, and workforce disruptions, which have several negative impacts on the global low-temperature co-fired ceramics industry in terms of revenue.

Low-temperature co-fired ceramics are primarily used in electronics devices that are employed in various industries such as aerospace, automobile, medical, and consumer electronics. The outbreak of COVID-19 has significantly affected the demand for these products.

Driving Factors:

The growing demand for high-end computing systems and nanotechnology will bring new opportunities for market expansion. A major part of the market growth is also being contributed by the rapidly increasing dependence on wireless telecommunication equipment. The increasing demand and application of front-end receivers, duplexes, and front-end transmitters have increased the demand for low-temperature co-fired ceramic technology.

Complications and repair-related issues are important factors that may hinder the growth of the global market. However, volatility in raw material prices will be a vital challenge for the growth of this market. The lack of product differentiation in the market will also reduce the scope of development for the market.

Key Market Players:

  • Murata(JP)
  • Kyocera(JP)
  • Yokowo(JP)
  • Hitachi Metals(JP)
  • TDK(JP)
  • Taiyo Yuden(JP)
  • KOA Corporation(JP)
  • NIKKO(JP)
  • IMST GmbH(DE)
  • MST(DE)
  • Via Electronic(DE)
  • Soshin Electric(JP)
  • Bosch(DE)
  • Thales Microelectronics(FR)
  • CTS(US)
  • NEO Tech(US)
  • NTK Technologies(US)
  • API Technologies(BE)
  • Selmic(FL)
  • VTT(FL)

Market Segmentation:

The global low-temperature co-fired ceramics market is segmented by material, type, end-use, and region.

By Material

On the basis of material, the market is segmented into ceramic, silicon, glass, and others.

Glass and Ceramic segments are projected to grow rapidly during the forecast period, due to the rising demand from end-use industries.

By Type

On the basis of type, the market is segmented into glass-bonded ceramics and glass ceramic composites.

The glass-ceramic composites segment is projected to grow rapidly during the forecast period.

By End-User

On the basis of End-use, the market is segmented into power, automotive, aerospace, consumer electronics, industrial, and others.

The consumer electronics and automotive segment is projected to grow rapidly during the forecast period.

Regional Analysis:

The global low-temperature co-fired ceramics market is categorized into regions such as Latin America, North America, Europe, Asia-pacific, the Middle East, and Africa.

Asia Pacific is estimated to expand at a significant pace during the forecast period. This can be ascribed to the rapid growth of the industrial sector in the region. India, China, Singapore, Japan, and Indonesia are the leading countries in the Asia Pacific. Furthermore, increased investment in medical, automotive, and aerospace industries in these countries is likely to drive demand for low-temperature co-fired ceramics during the forecast period.

Report Coverage: 

Market Segmentation:

By Material

  • Glass
  • Ceramic
  • Silicon
  • Others

By Type

  • Glass bonded ceramics
  • Glass-ceramic composites Others

By End-User

  • Consumer electronics
  • Automotive
  • Power
  • Aerospace Industrial

By Region

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa



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