LTCC and HTCC Market Future Prospects
The global LTCC and HTCC market was valued at USD 3,671.9 million in 2024. This number is expected to increase to USD 4,125.0 million by 2030, advancing at a CAGR of around 2.0% during 2024–2030.
The market growth is driven by the wide usage of ceramic substrates in various industries, such as automotive, telecommunications, and consumer electronics. Moreover, the rising demand for developing advanced, small circuit boards for electronic components at low costs will drive the consumption of these products in the coming years. Another key driver is the rising usage of microelectronic components in aircraft and automobiles in this era of the fly-by-wire and drive-by-wire technologies, respectively.