News By Tag
News By Location
Follow on Google News
LTCC Contributed 70% of Revenue to LTCC and HTCC Industry
The global LTCC and HTCC market is projected to generate $4,125.6 million in 2030.
By: P&S Intelligence
The most significant contributor to the revenue share of the LTCC and HTCC market was LTCC, amounting to 70%, in 2021. The category is expected to follow the same trend in the future as well. LTCC is defined as a ceramic substrate that facilitates high-frequency circuits. It has superior electrical and mechanical properties, such as limitless stacking, form-and-fit versatility, and high performance under extreme conditions, making it a better choice than HTCC. LTCC products are also utilized in wireless technologies and RF modules, facilitating regular communication.
The automotive sector acquired a significant share of the LTCC and HTCC market (https://www.psmarketresearch.com/
APAC held the largest share in the LTCC and HTCC market in 2021, attributing to the growing automotive and industrial electronics sectors in Japan, South Korea, India, and China. The demand for co-fired ceramics has increased over time, due to the rapid production of electronic products, which are extensively used in the telecommunications and automotive industries.
Thus, the increased adoption of wireless technology has led to a boom in the market, with increased efficiency of 5G and 6G networks.