Market revenue in 2020 | USD 734.7 million |
Market revenue in 2028 | USD 893.7 million |
Growth rate | 2.5% (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. |
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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 80.45% in 2020. Horizon Databook has segmented the Europe ltcc and htcc market based on ltcc, htcc covering the revenue growth of each sub-segment from 2017 to 2028.
Additionally, the automotive electronics sector in Europe is flourishing, in terms of both, production and conduct of value-added activities (R&D, as well as engineering). Europe is the second-largest regional market for automotive electronics in the world with a market share of approximately 27% in 2020.
The region accounted for a share of 20% of the global industrial electronics industry in 2020. Thus, the surged demand from the automotive and consumer electronics is projected to contribute to the growth of LTCC and HTCC market in Europe during the forecast period.
Investments in the development and deployment of wireless technologies are also anticipated to remain a long-term growth factor for LTCC and HTCC market in Europe. For instance, in March 2021, Apple announced its plans to invest in the establishment of R&D, as well as design centers in Germany, with a focus on future wireless technologies and 5G.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe ltcc and htcc market, including forecasts for subscribers. This continent databook contains high-level insights into Europe ltcc and htcc market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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