Asia Pacific Ltcc And Htcc Market Size & Outlook, 2020-2028
Asia Pacific ltcc and htcc market, 2017-2028 (US$M)
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Asia Pacific ltcc and htcc market highlights
- The Asia Pacific ltcc and htcc market generated a revenue of USD 1,234.3 million in 2020.
- The market is expected to grow at a CAGR of 4% from 2021 to 2028.
- In terms of segment, ltcc was the largest revenue generating product in 2020.
- LTCC is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 1,234.3 million |
| Market revenue in 2028 | USD 1,688.8 million |
| Growth rate | 4% (CAGR from 2020 to 2028) |
| Largest segment | Ltcc |
| Fastest growing segment | LTCC |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LTCC, HTCC |
| Key market players worldwide | Hitachi Ltd, Kyocera Corp, Murata Manufacturing Co Ltd, TDK Corp, Niterra Co Ltd, Koa Corp, Yokowo, MARUWA CO., LTD. |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.0% of the global ltcc and htcc market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,688.8 million by 2028.
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LTCC and HTCC Market Scope
LTCC and HTCC Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific ltcc and htcc market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ltcc and htcc market will help companies and investors design strategic landscapes.
Ltcc was the largest segment with a revenue share of 69.39% in 2020. Horizon Databook has segmented the Asia Pacific ltcc and htcc market based on ltcc, htcc covering the revenue growth of each sub-segment from 2017 to 2028.
The Government of India increased its custom duty on imports of fully developed commercial EVs from 25% to 40% in April 2020 to support the domestic production of these vehicles. Such initiatives are expected to contribute to the growth of LTCC and HTCC market in the country over the forecast period.
Asia Pacific 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.
Thus, the flourishing electronics industry in Asia Pacific is anticipated to augment the demand for LTCC and HTCC products in the region over the forecast period. Investments in deployment of 5G technology are projected to attract demand for multilayered ceramics such as LTCC, which are penetrating wireless transmission technologies.
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Target buyers of Asia Pacific ltcc and htcc market databook
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Our clientele includes a mix of ltcc and htcc market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific ltcc and htcc market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific ltcc and htcc market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific ltcc htcc market size, by country, 2017-2028 (US$M)
Asia Pacific LTCC and HTCC Market Share, 2020 & 2028 (US$M)
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