Global LTCC Market Size 2023-2029

Oct 11, 2023

The global LTCC market was valued at US$ 1464.4 million in 2022 and is projected to reach US$ 2517.6 million by 2029, at a CAGR of 8.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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LTCC Ceramic Substrates 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. The LTCC components include LC filters, directional coupler, power splitter and antenna etc. The LTCC ceramic substrates include Bluetooth substrates and mobile front-end module substrates, and the LTCC modules include phone antenna modules, Bluetooth modules and power amplifier modules etc.

LTCC stands for Low-Temperature Co-fired Ceramic. It is a technology used in the manufacturing of electronic components, particularly in microelectronics and RF (Radio Frequency) applications. LTCC involves the co-firing of ceramic materials at relatively low temperatures (usually below 1000°C) to create a multi-layered structure with embedded conductive traces and vias. LTCC technology offers several advantages such as high reliability, excellent electrical performance, good thermal stability, and miniaturization capabilities. It is commonly used in the production of antennas, filters, sensors, and other high-frequency applications.

Total Market by Segment:

Global LTCC Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global LTCC Market Segment Percentages, by Type, 2022 (%)

LTCC Components
LTCC Ceramic Substrates
LTCC Modules
LTCC Ceramic Shell/Housings

Further, the report presents profiles of competitors in the market, key players include:

Murata Manufacturing
Kyocera (AVX)
TDK Corporation
Mini-Circuits
Taiyo Yuden
Samsung Electro-Mechanics
Yokowo
KOA (Via Electronic)
Hitachi Metals
Nikko
Adamant Namiki
Bosch
IMST GmbH
MST
API Technologies (CMAC)
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