[May 24, 2017] |
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Global Low-temperature Co-fired Ceramic Substrates Market - Size, Projections, Drivers, Trends, Vendors, and Analysis Through 2021 by Technavio
According to the latest market study released by Technavio,
the global
low-temperature co-fired ceramic (LTCC) substrate market is
projected to grow to USD 285.13 million by 2021, at a CAGR of nearly 9%
over the forecast period.
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Technavio has published a new report on the global low-temperature co-fired ceramic (LTCC) substrate market from 2017-2021. (Graphic: Business Wire)
This research report titled 'Global
Low-temperature Co-fired Ceramic Substrate Market 2017-2021'
provides an in-depth analysis of the market in terms of revenue and
emerging market trends. This market research report also includes up to
date analysis and forecasts for various market segments and all
geographical regions.
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A low-temperature co-fired ceramic substrate is a multi-layer
glass ceramic substrate that is co-fired with low-resistance metal
conductors including silver or copper at low firing temperatures
less than 1,000°C. The growing demand for LTCC substrates from
various automotive safety product manufacturers is a key driving
factor for the market.
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Based on the end-users, the report categorizes the global
low-temperature co-fired ceramic substrate market into the following
segments:
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Consumer electronics
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Home appliances
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Computers and peripherals
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Automotive
The top three revenue-generating end-user segments in the global LTCC
substrate market are discussed below:
Consumer electronics
"The global low temperature co-fired ceramic substrate market for
consumer electronics is expected to cross USD 121 million by the end of
2017. The segment dominates the global market due to the high demand
from the smartphone industry," says Sunil Kumar Singh, a lead
analyst at Technavio for semiconductor
equipment research.
Mobile communication devices have RF modules and components that are
integrated with LTCC substrates. The components requiring LTCC
substrates include TV tuner modules, wireless LAN modules, Bluetooth
wireless modules, ultra-wideband modules, front-end modules, power
amplifier modules, surface acoustic wave filters, and duplexers.
Home appliances
The LTCC substrates market by home appliances is one an upward trend due
to the growing demand for flat-panel displays and the economic recovery.
The increasing disposable income and rising living standards in
developing countries such as India and China will positively impact the
demand for home appliances such as refrigerators and washing machines.
This is expected to contribute to the growth of the LTCC substrates
market in the home appliances segment during the forecast period.
Computers and peripherals
"The computers and peripherals segment of the market is expected
to grow at a moderate pace, with a strong and continuous demand from the
tablet and smartphone market," says Sunil.
The global economic development will also contribute to the growth of
the segment, due to various businesses upgrading to new PCs to remain in
sync with economic and technological improvements. Also, the growing
trend of businesses and governments computerizing and automating various
operations to increase their competitiveness and efficiency is expected
to have a major impact on the growth of the segment.
The top vendors highlighted by Technavio's research analysts in this
report are:
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KYOCERA
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Murata Manufacturing
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TDK
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DuPont
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About Technavio
Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.
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at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20170524006007/en/
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