According to the recent study the LTCC and HTCC market is projected to reach an estimated $3.8 billion by 2028 from $3.1 billion in 2023, at a CAGR of 4.1% from 2023 to 2028. Growth in this market is primarily driven by growing requirement for developing compact, high-performing and affordable circuit boards for electronic components and increasing usage of microelectronics in automobiles and aeroplanes to enhance traveling experience.

A more than 150 – page report is developed to understand trends, opportunities and forecast in LTCC and HTCC market by product (LTCC and HTCC), application (automotive, telecommunication, aerospace & defense, consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

“LTCC market is expected to remain the largest segment during the forecast period.”

Based on product, the LTCC and HTCC market is segmented into LTCC and HTCC. Lucintel forecasts that the LTCC market is expected to remain the largest segment owing to its characteristics, such as greater working temperature, superior thermal properties, reduced coefficient, excellent dependability, and integration density.

“Within the LTCC and HTCC market, the automotive segment is expected to remain the largest application”

Based on application the automotive segment is expected to witness the highest growth over the forecast period due to the increasing use of these ceramic substrates in vehicular electronics for a safer and better driving experience and escalating need for microcontrollers, actuators, processors, and sensors in the automotive industries.

“Asia pacific will dominate the LTCC and HTCC market in near future”

APAC will remain the largest region due to increasing number of automotive electronic manufacturers, supportive government investment for EVs, and emergence of 5G technology in the region.

Major players of LTCC and HTCC market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Hitachi Metals, Kyocera, Murata Manufacturing, TDK Corporation, and NGK Spark Plug are among the major LTCC and HTCC providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at

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