DUBLIN, Jun. 1, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Low-Temperature Co-Fired Ceramic (LTCC) Substrate Market 2017-2021" report to their offering.
The global low-temperature co-fired ceramic substrate market to grow at a CAGR of 8.86% during the period 2017-2021.
This report, Global Low-Temperature Co-Fired Ceramic Substrate Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is miniaturization of electronic devices. Rapid R&D and technological advances have increased the demand for reliable and compact electronic devices. This has led to the growing demand for miniaturized and reliable ICs.
According to the report, one driver in the market is smartphone penetration. The growth in smartphone penetration will trigger the demand for LTCC substrates in the consumer electronics sector. The sales may decline due to the fragmentation of the smartphone market in the US, Western European countries, and China and decrease in ASPs of smartphones in developed retail sectors.
Further, the report states that one challenge in the market is lack of product differentiation. There are several local, regional, and international vendors operating in the market that offer similar products at competitive prices. This creates intense competition among vendors and compels them to differentiate their products to gain larger market shares. Many vendors are trying to differentiate their products by providing additional support and services to end-users.
- Growing demand for LEDs and need for LTCC technology
- Miniaturization of electronic devices
- High growth prospects due to increasing IoT applications
- Murata Manufacturing
Other prominent vendors:
- TAIYO YUDEN
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user application
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/nv38hr/global
Laura Wood, Senior Manager
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SOURCE Research and Markets