North America Ltcc And Htcc Market Size & Outlook

The ltcc and htcc market in North America is expected to reach a projected revenue of US$ 1,128.5 million by 2028. A compound annual growth rate of 3.8% is expected of North America ltcc and htcc market from 2021 to 2028.
Revenue, 2020 (US$M)
$837.5
Forecast, 2028 (US$M)
$1,128.5
CAGR, 2021 - 2028
3.8%
Report Coverage
North America

North America ltcc and htcc market highlights

  • The North America ltcc and htcc market generated a revenue of USD 837.5 million in 2020.
  • The market is expected to grow at a CAGR of 3.8% 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, U.S. is expected to register the highest CAGR from 2021 to 2028.

North America data book summary

Market revenue in 2020USD 837.5 million
Market revenue in 2028USD 1,128.5 million
Growth rate3.8% (CAGR from 2020 to 2028)
Largest segmentLtcc
Fastest growing segmentLTCC
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationLTCC, HTCC
Key market players worldwideHitachi 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, North America region accounted for 28.5% 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 Companies

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North 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 72.82% in 2020. Horizon Databook has segmented the North America ltcc and htcc market based on ltcc, htcc covering the revenue growth of each sub-segment from 2017 to 2028.


The use of ceramic multilayered PCB in the aforementioned applications is one of the prevailing key trends in the region as ceramic materials such as aluminum nitride, aluminum oxide, and beryllium oxide offer better performance in electronics than traditional materials such as epoxy glass fibers, polystyrene, and polyamide.

These multilayered PCB have more high-density traceroutes, CTE component capability, erosion resistance, and thermal conductivity than traditional PCB. The surged demand for power electronic products in North America is anticipated to provide new growth avenues to the market players in this region.

As power electronic products are compact and lightweight, they are increasingly preferred in various end-use industries such as telecommunication and energy. Growing awareness among different market stakeholders regarding energy conservation and the benefits of renewable energy sources with a focus on the reduction of emissions of greenhouse gases has led OEMs to use power electronic products.

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ltcc and htcc market, including forecasts for subscribers. This continent databook contains high-level insights into North America ltcc and htcc market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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North America ltcc htcc market size, by country, 2017-2028 (US$M)

North America LTCC and HTCC Market Share, 2020 & 2028 (US$M)

North America ltcc htcc market size, by country, 2017-2028 (US$M)

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