PUBLISHER: QYResearch | PRODUCT CODE: 1858775
PUBLISHER: QYResearch | PRODUCT CODE: 1858775
The global market for Through Glass Via (TGV) Technology was estimated to be worth US$ 123 million in 2024 and is forecast to a readjusted size of US$ 475 million by 2031 with a CAGR of 20.2% during the forecast period 2025-2031.
Glass Through-Via (TGV, short for Through-Glass Via) is a miniaturization packaging technology used in semiconductor encapsulation and microelectronic devices. The TGV process enables the creation of precise through-holes (i.e., vias) in glass substrates, which are subsequently filled with conductive materials (such as metals) in subsequent processes. TGV features numerous through-holes in glass with diameters measured in micrometers, positioning it as a promising material for the next-generation semiconductor packaging substrates. High-quality TGV achieved through glass materials and hole processing technologies facilitates the miniaturization of devices in various markets, including data centers, 5G communication networks, and IoT devices, enabling high-density packaging and GHz-speed data processing.
The supply chain for TGV substrates typically involves upstream glass material suppliers, midstream laser drilling and copper filling processing plants, and downstream packaging houses and semiconductor manufacturers. Supplier concentration is relatively high, with significant technical barriers. Major suppliers are primarily located in the United States, Japan, South Korea, Europe, and a few regions in China.
TGV technology was initially developed by American, Japanese, and European companies to enable micro-interconnects for high-density packaging, addressing bottlenecks in high-speed and high-frequency signal transmission associated with silicon interconnects and traditional PCBs. In recent years, with the rapid development of 5G, optoelectronic devices, and sensors, TGV technology has gradually been applied in MEMS, optical modules, and high-frequency antenna packaging.
The primary industry prospects lie in high-frequency and high-speed packaging applications, such as 5G RF modules, optical communication devices, micro-sensors, and Micro-Electro-Mechanical Systems (MEMS) devices. The market for mid-to-low-end TGV products is relatively small, while high-end products maintain strong competitiveness due to their precision and reliability. In the future, with the growing demand for heterogeneous integration and advanced packaging, the TGV market is expected to continue expanding.
TGV substrate production involves processes such as glass cutting, laser drilling, cleaning, metallization, and electroplating. The production capacity of a single line is usually constrained by glass size, via diameter, and filling efficiency. A high-precision TGV production line can have an annual capacity ranging from several hundred thousand to millions of wafers, depending on the aperture, number of layers, and copper filling speed.
Due to complex processes and high technical barriers, TGV products generally yield high gross margins, typically within the range of 30% to 35%. The margin level is significantly influenced by the degree of production line automation, yield rate, and order scale.
Costs are primarily composed of raw materials (glass substrates account for approximately 50%-60%), processing technologies (laser drilling, copper deposition, electroplating, etc., accounting for 30%-40%), and equipment depreciation and labor (accounting for 10%-20%). High yield rates and high automation can significantly reduce unit costs.
After packaging is completed, TGV substrates are generally not sold separately but enter the market mainly as finished component devices. Production waste primarily consists of drilling debris, defective copper deposition products, and broken glass. Companies mitigate losses through recycling, reuse, or low-value disposal.
This report aims to provide a comprehensive presentation of the global market for Through Glass Via (TGV) Technology, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Through Glass Via (TGV) Technology by region & country, by Type, and by Application.
The Through Glass Via (TGV) Technology market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Through Glass Via (TGV) Technology.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Through Glass Via (TGV) Technology company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Through Glass Via (TGV) Technology in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Through Glass Via (TGV) Technology in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.