PUBLISHER: QYResearch | PRODUCT CODE: 1895189
PUBLISHER: QYResearch | PRODUCT CODE: 1895189
LTCC (Low Temperature Co-fired Ceramics) is a multi-layer glass ceramic substrate which is Co-fired with low resistance metal conductors at low firing temperature (less than 1000°C). It is sometimes referred to as "Glass Ceramics" because its composition consists of glass and alumina.
This report research and analyses the LTCC which made by the LTCC ceramic substrate technology, mainly include LTCC Substrates, LTCC components, LTCC modules and LTCC package shell. LTCC substrates include the LTCC Substrate for RF, LTCC LED SUBSTRATE, LTCC Substrate for Probe Cards, etc.
The LTCC components include LC filters, directional coupler, power splitter and antenna etc. The LTCC ceramic substrates include Bluetooth substrates and mobile front-end module substrates, and the LTCC modules include phone antenna modules, Bluetooth modules and power amplifier modules etc.
The global market for LTCC (Low Temperature Co-fired Ceramics) was US$ 1,628.8 million in 2024 and is forecast to a readjusted size of US$ 1,907 million by 2031 with a CAGR of 3.21% during the forecast period 2025-2031. The key largest segment is LTCC components, which holds about 54.43% in 2024, followed by LTCC substrates with 30.18% and LTCC module with 14.79%.
The global market for LTCC components was US$ 886.59 million in 2024 and is forecast to a readjusted size of US$ 980.72 million by 2031 with a CAGR of 3.53% during the forecast period 2025-2031.
The global market for LTCC substrates was US$ 491.54 million in 2024 and is forecast to a readjusted size of US$ 627.51 million by 2031 with a CAGR of 3.01% during the forecast period 2025-2031.
North American market for LTCC was valued at $ 339.86 million in 2024 and will reach $ 427.93 million by 2031, at a CAGR of 3.77% during the forecast period of 2025 through 2031.
Europe market for LTCC was valued at $ 104.6 million in 2024 and will reach $ 113 million by 2031, at a CAGR of 1.52 % during the forecast period of 2025 through 2031.
China market for LTCC was valued at $ 478.38 million in 2024 and will reach $ 554.82 million by 2031, at a CAGR of 3.69% during the forecast period of 2025 through 2031.
The global key companies of LTCC include Murata Manufacturing, Kyocera (AVX), TDK Corporation, Mini-Circuits, Taiyo Yuden, Samsung Electro-Mechanics, Yokowo, KOA (Via Electronic), and Proterial, Ltd, etc. In 2024, the global ten largest players hold a share approximately 80% in terms of revenue.
In LTCC components, key manufacturers include TDK, Murata Manufacturing, Walsin Technology, Mini-Circuits, Taiyo Yuden, ACX Corp, Shenzhen Sunlord Electronics, and Microgate, etc. the global top ten players hold about 93% of global market.
In LTCC substrates, key manufacturers include Kyocera, Murata Manufacturing, Yokowo, NEO Tech, NTK/NGK, Proterial, Ltd and SEMCNS Co., Ltd, etc. the global top eight players hold about 84% of global market.
The LTCC market today is characterized by strong participation from leading Japanese, Korean, and European companies such as Murata, Kyocera, TDK, Taiyo Yuden, and SEMCO. These suppliers dominate high-end applications due to their material expertise, integrated design capabilities, and economies of scale. The technology has matured in consumer electronics RF modules but is now gaining momentum in automotive radar, electric vehicles, and industrial automation. Emerging trends include further miniaturization through advanced printing and layering techniques, the integration of LTCC with organic substrates in hybrid packaging, and the push toward mmWave and terahertz frequencies for 6G and next-generation sensing applications. Additionally, sustainability requirements are shaping the industry, driving innovations in energy-efficient sintering and eco-friendly materials.
Several structural drivers underpin the growth trajectory of the LTCC industry. First, the rollout of 5G and beyond is fueling demand for low-loss, compact passive modules in smartphones, base stations, and satellite communications. Second, the electrification of vehicles and the adoption of ADAS systems are generating new LTCC opportunities in radar sensors, high-frequency modules, and power electronics. Third, the proliferation of IoT and wearable devices accelerates demand for miniaturized, high-reliability substrates that can integrate seamlessly into small form factors. Finally, continuous R&D investment in low-loss dielectrics, fine-line metallization, and hybrid LTCC-organic solutions is expanding the performance envelope, ensuring LTCC remains competitive against glass, organic laminates, and fan-out packaging alternatives. Together, these drivers point to steady growth, with LTCC becoming increasingly indispensable in high-frequency, high-reliability, and miniaturized electronic systems.
This report aims to provide a comprehensive presentation of the global market for LTCC, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of LTCC by region & country, by Type, and by Application.
The LTCC market size, estimations, and forecasts are provided in terms of sales volume (K Pieces) and 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 LTCC.
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 (valve, volume and price). 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 LTCC manufacturers competitive landscape, price, sales and 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: Sales, revenue of LTCC 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: Sales, revenue of LTCC 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 sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.