Latin America Ltcc And Htcc Market Size & Outlook
Latin America ltcc and htcc market, 2017-2028 (US$M)
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Latin America ltcc and htcc market highlights
- The Latin America ltcc and htcc market generated a revenue of USD 58.8 million in 2020.
- The market is expected to grow at a CAGR of 1.5% 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, Brazil is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 58.8 million |
| Market revenue in 2028 | USD 66.2 million |
| Growth rate | 1.5% (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. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.0% 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 |
|---|
Latin America 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 Latin America ltcc and htcc market based on ltcc, htcc covering the revenue growth of each sub-segment from 2017 to 2028.
The expansion of energy sector in the region is a positive factor for the consumption of power electronics and indirectly LTCC and HTCC products. In renewable energy, power electronic converters are used to optimize energy for operational activates. Investments in strengthening the region’s electricity sector are anticipated to provide lucrative opportunities to power electronics sector.
The rapidly developing manufacturing sector in Argentina is projected to provide new opportunities for market vendors. The country has witnessed robust growth since 2003, as a result of the implementation of proper policies and a favorable global economic environment.
The government of Argentina has passed several laws that are projected to promote new investments in manufacturing sector. Laws including Public-Private Partnerships Law and Law on Access to Public Information are likely to help in terms of transparency to start a business, which is projected to boost new investments.
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Target buyers of Latin America 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ltcc and htcc market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America ltcc and htcc market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America ltcc htcc market size, by country, 2017-2028 (US$M)
Latin America LTCC and HTCC Market Share, 2020 & 2028 (US$M)
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