India Ltcc And Htcc Market Size & Outlook, 2020-2028
India ltcc and htcc market, 2017-2028 (US$M)
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India ltcc and htcc market highlights
- The India ltcc and htcc market generated a revenue of USD 104.9 million in 2020 and is expected to reach USD 142.2 million by 2028.
- The India market is expected to grow at a CAGR of 3.9% 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.
Ltcc and htcc market data book summary
| Market revenue in 2020 | USD 104.9 million |
| Market revenue in 2028 | USD 142.2 million |
| Growth rate | 3.9% (CAGR from 2020 to 2028) |
| Largest segment | Ltcc |
| Fastest growing segment | LTCC |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 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, India accounted for 3.6% of the global ltcc and htcc market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China ltcc and htcc market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 815.7 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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India 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 65.97% in 2020. Horizon Databook has segmented the India ltcc and htcc market based on ltcc, htcc covering the revenue growth of each sub-segment from 2017 to 2028.
Telecommunications is projected to remain the second-largest application segment in the Indian LTCC and HTCC market over the coming years. Telecommunications industry is one of the largest in India and is also the fastest growing in the world.
Rapid decline in data cost after the entry of Jio in telecommunication industry in September 2016, has resulted in consolidation of the industry as well as swift growth in the number of subscribers, especially from semi-urban and rural areas.
As of April 2020, three major operators in the country, namely Jio, Airtel, and Vodafone-Idea, accounted for 88.4% of the market share. LTCC finds application in wireless transmission products and thus, rising penetration of internet access owing to cheap data availability is projected to benefit the market.
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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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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 country-level data and insights on the India ltcc and htcc market, including forecasts for subscribers. This country databook contains high-level insights into India ltcc and htcc market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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India ltcc htcc market size, by product, 2017-2028 (US$M)
India LTCC and HTCC Market Share, 2020 & 2028 (US$M)
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