Japan Ltcc And Htcc Market Size & Outlook, 2020-2028
Japan ltcc and htcc market, 2017-2028 (US$M)
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Japan ltcc and htcc market highlights
- The Japan ltcc and htcc market generated a revenue of USD 271.5 million in 2020 and is expected to reach USD 354.4 million by 2028.
- The Japan market is expected to grow at a CAGR of 3.4% 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.
Ltcc and htcc market data book summary
| Market revenue in 2020 | USD 271.5 million |
| Market revenue in 2028 | USD 354.4 million |
| Growth rate | 3.4% (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, Japan accounted for 9.2% 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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Japan 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 82.03% in 2020. Horizon Databook has segmented the Japan ltcc and htcc market based on ltcc, htcc covering the revenue growth of each sub-segment from 2017 to 2028.
Thus, the rise in the production of vehicles in Japan is projected to attract demand for electronic products over the long run, fueling the growth of LTCC and HTCC market in the country. However, automotive market in Japan was not at its best in the recent past.
For instance, auto production in the country declined by 17% in 2020 on a year-on-year basis amid the COVID-19 pandemic. The automotive sector is a key contributor to the growth of electronics market in Japan.
The rising demand for EVs, coupled with joint ventures in EVs market space, is anticipated to drive the growth of automotive electronics market in the long term in the country. For instance, in March 2019, Toyota Motor Corp.
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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 Japan ltcc and htcc market, including forecasts for subscribers. This country databook contains high-level insights into Japan ltcc and htcc market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Japan ltcc htcc market size, by product, 2017-2028 (US$M)
Japan LTCC and HTCC Market Share, 2020 & 2028 (US$M)
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