The global LTCC And HTCC market size is expected to reach USD 4.63 billion by 2030, registering a CAGR of 5.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market growth is attributable to rising investments in wireless communication technology along with increasing penetration of automotive electronics in vehicles. In co-fired ceramic devices, the ceramic support structure and any resistive, conductive, and dielectric materials are fired in a kiln. Typical devices include capacitors, resistors, inductors, transformers, and hybrid circuits. Cofired ceramic devices are also used for multi-layer packaging in the electronics industry, such as in military electronics, Micro Electromechanical Systems (MEMS), microprocessors, and RF applications.
Co-firing can be divided into Low Temperature Co-fired Ceramics (LTCC) and High Temperature Co-Fired Ceramics (HTCC) applications. In LTCC, the sintering temperature is below 900°C. This permits the co-firing with highly conductive materials (silver, copper, and gold). For HTCC, the sintering temperature is higher, at around 1,600°C. HTCC components generally consist of multilayers of alumina or zirconia with platinum, tungsten, and moly manganese metallization. Based on application, telecommunication is expected to be the fastest-growing segment in the market owing to rising digitalization, expansion of 5G network, and booming e-commerce platform, which enables the use of wireless technologies and equipment within the telecommunication industry.
Growing trend of adopting online channels in daily life has fueled the demand for telecommunication products over the forecast period. Furthermore, growing investments in the aerospace and defense industry are proving to be fruitful for the growth of the market as LTCC substrates are extensively used in various aircraft and fighter jets. For instance, in January 2021, the Indian Air Force announced its plans to acquire 114 combat aircraft that would cost more than INR 1.3 lakh crore (~USD 173.1 million). Such investments are expected to increase the production of aircraft and in turn, augment the market growth.
Region-wise, Asia Pacific is anticipated to register the fastest growth rate over the forecast period. The region is a global manufacturing hub for electronics owing to the presence of several manufacturers of electronic devices and systems, including top players, as well as small- and medium-sized enterprises. The governments of different economies of the region focus on increasing foreign investments in their respective electronics industry, which in turn is expected to benefit market growth. The market is highly competitive in nature owing to the presence of numerous small and large players. Majority of the key players are mainly established in Japan. Key players are adopting strategies such as capacity expansions and investments in R&D activities to gain a higher share in the market.
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Based on product, LTCC (Low-Temperature Co-fired Ceramic) type dominated the market and accounted for the largest revenue share of 73.3% in 2024, primarily driven by the increasing demand for miniaturized electronic devices across various sectors.
Based on application, the telecommunications application segment dominated the market and accounted for the largest revenue share of 32.6% in 2024. This growth is attributed to the growing demand for advanced wireless communication technologies.
Based on region, North America is expected to progress at a significant CAGR over the forecast period owing to growing need for automotive electronics in the region, which is attributable to rising production of EVs
Grand View Research has segmented the global LTCC and HTCC market report based on type, application, and region:
LTCC And HTCC Type Outlook (Revenue, USD Million, 2018 - 2030)
LTCC
HTCC
LTCC And HTCC Application Outlook (Revenue, USD Million, 2018 - 2030)
Automotive
Telecommunications
Aerospace & Defense
Consumer Electronics
Medical
Industrial
Others
LTCC And HTCC Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Benelux
Nordic
Poland
Asia Pacific
China
India
Japan
Taiwan
Latin America
Middle East & Africa
List of Key Players in the LTCC And HTCC Market
Hitachi Metals Ltd.
Kyocera Corporation
Murata Manufacturing Co., Ltd.
TDK Corporation
NGK Spark Plug Ltd.
Yokowo Co., Ltd.
KOA Corporation
Maruwa Co. Ltd.
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