Global Low Temperature Co-fired Ceramics (LTCC) Market Insight

The Low Temperature Co-fired Ceramics (LTCC) is forecast to smooth over the next few years. According to the WK-chem Research “Global Low Temperature Co-fired Ceramics (LTCC) Professional Survey Report 2022, Forecast to 2027”, with the increasing demand of the Wireless and Radar Products industry，the Low Temperature Co-fired Ceramics (LTCC) industry is developing at an incredible speed. According to the WK-chem regression analysis model, the compound annual growth rate (CAGR) for the period 2022-2027 is expected to be 7.60%.

Analysts’ Viewpoint:

The higher thermal stability and chemical inertness of co-fired ceramics are expected to attract consumers in more sectors including telecommunications, automotive, medical, industrial, defense and aerospace. Growing demand for high-end computing systems and nanotechnology will bring new opportunities for market expansion. The automotive electronics industry is expected to dominate the global low temperature co-fired ceramics (LTCC) market during the forecast period.

Market insight:

Rapid industrialization and urbanization are key drivers for the low temperature co-fired ceramics market. Significant increase in investment in automotive, aerospace, consumer electronics and other industrial electronics sectors has driven the demand for low temperature co-fired ceramics in recent years. This trend is expected to continue over the forecast period. Rising focus on miniaturization of electronic devices is expected to drive the low temperature co-fired ceramics market. These miniaturized devices can be fabricated in a very cost-effective manner using low temperature co-fired ceramics. Therefore, the demand for low temperature co-fired ceramics in the consumer electronics, automotive and aerospace industries is likely to increase.

Competition Landscape:

This WK-chem market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Low Temperature Co-fired Ceramics (LTCC) companys that include DuPont，NGK SPARK PLUG’s GROUP，Adamant Namiki Precision Jewel Co., Ltd.，KYOCERA Corporation，Micro Systems Engineering GmbH .etc.

Segmentation of Low Temperature Co-fired Ceramics (LTCC) Market:

Co-fired ceramics can be classified according to type: glass ceramics, glass ceramic composites and glass bonded ceramics. The growing popularity of GCC-based LTCC systems, which can be attributed to the wide range of dielectric constant values offered, offers a wide range of applications. Materials for GCC-type dielectrics for LTCC contain lower glass content (20-50% by volume). The glassy phase aids in the sintering process, while the ceramic phase is responsible for electrical, mechanical and thermal properties. According to the application, it is divided into consumer electronics, automotive electronics, aerospace and military electronics. Automotive electronics dominate. The growing popularity of LTCC materials is mainly reflected in automotive electronics due to the integration of sensors into various parts of the vehicle, such as the engine, powertrain, and hydraulic brake units. These sensors are always exposed to high temperature and harsh operating conditions, and prolonged use can cause their performance to degrade. Therefore, this requires the adoption of LTCC technology in this field.

Temperature Co-fired Ceramics (LTCC) Market: Regional Analysis

In terms of geography, the global Temperature Co-fired Ceramics (LTCC) market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Asia Pacific is expected to dominate the global low temperature co-fired ceramics market during the forecast period. The market in this region is expected to expand at a significant rate over the forecast period. This can be attributed to the rapid development of industry in the region. China, India, Japan, Singapore and Indonesia are the major countries in the Asia Pacific region. Furthermore, increasing investment in automotive, medical, and aerospace industries in these countries is likely to drive the demand for low temperature co-fired ceramics over the forecast period.

Cagr: 7.60%

Largest share area：Asia-Pacific

Largest share country：China

Product Type：Glass ceramics, glass ceramic composites and glass bonded ceramics

Application：Consumer Electronics, Automotive Electronics, Aerospace and Military ElectronicsLeading Company：DuPont，NGK SPARK PLUG’s GROUP，Adamant Namiki Precision Jewel Co., Ltd.，KYOCERA Corporation，Micro Systems Engineering GmbH