Global Co-Fired Ceramic Market is expected to register a CAGR of 4.45% to reach USD 1.2 Billion by 2025.
This market growth is reflective of the widespread use of co-fired ceramics in the manufacturing of integrated circuits (ICs). The demand for ICs is rising across industries with the automation of processes driving the global economy. The technological advances in the market are also fueling growth.
The demand for ICs with the ever-increasing number of transistors and logic gates in telecommunications, navigation, weather, and guidance systems, as well as consumer electronics, has led to the spread of very large scale integration (VLSI) ultra large scale integration (ULSI) technologies.
The instability of high-processing ICs is offset by the use of co-fired ceramics that offer robustness and extreme mechanical stability.
Thus, this market is poised to thrive during the forecast period concurrently with technological advances, offering excellent short-, mid-, and long-term business opportunities.
The use of co-fired ceramics in manufacturing ICs, which find widespread application in various high-growth industries, such as telecommunications, electronics, automotive, and aerospace & defense.
Increased demand for a greater number of transistors and logic gates in ICs
Advantages of co-fired ceramics such as the ability to withstand high thermal and mechanical stress while maintaining operational integrity
Emergence of low-cost manufacturing hubs in developing economies
Need for complete reliability in critical applications in the military, aerospace, and healthcare markets.
Need for robust ICs with high computational ability
Rapid automation of industrial and manufacturing complexes
High manufacturing costs for limited quantities
Use of hyperalloys in place of HTCCs
By Process Type
Low Temperature Co-Fired Ceramic (LTCC): Currently the larger market segment with the higher projected growth rate. These ceramics are used for almost all electronic equipment across industries.
High Temperature Co-Fired Ceramic (HTCC): Used for high-stress applications where the product must bear extremes of temperature, stress, and pressure.
By Material
Glass-Ceramic: Larger market share with a higher projected growth rate.
Ceramic: Primarily used in HTCC, specifically for the packaging industry
By End-Use Industry
Telecommunications: Virtually all telecommunication devices use LTCC ICs, resulting in the segment accounting for the largest market share in 2018.
Defense & Aerospace: Used in the manufacturing of ICs for ballistic missile, tracking, and navigation systems.
Automotive: The fastest-growing segment due to the increased integration of ICs in fuel injection, collision avoidance, and tracking and navigation systems.
Medical: Advances in computer-assisted surgery and various medical analytical tools have made co-fired ceramics an integral part of the segment.
Consumer Electronics: ICs with co-fired ceramics are used in the manufacturing of all consumer electronics. The wireless devices market is expected to grow at a markedly high rate solely due to the utilization of CFCs in manufacturing.
Others: Co-fired ceramics find application in the manufacturing of ICs for the automation of manufacturing complexes.
By Region
North America
Europe
Asia-Pacific
Middle East & Africa
Latin America
North America: Traditionally a technologically proficient region. However, competitive pricing in other regions ensures the manufacturing of co-fired ceramics is gradually shifting from North America to more cost-effective regions.
Europe: Striking a balance between innovation and production, the European market is neither the largest nor the fastest-growing but is self-sufficient, not depending on import or export of co-fired ceramics.
Asia-Pacific: The largest market with the highest projected growth rate due to the presence of innovation hubs such as Japan and low-cost manufacturing hubs such as China, India, and South Korea.
Middle East & Africa: An emerging market with a focus on design and manufacture of co-fired ceramics in Israel and high demand in countries such as Saudi Arabia.
Latin America: A very new market, offering a low-cost manufacturing alternative to the North American market, but with limited innovation potential.
DuPont (US)
Kyocera Corporation (Japan)
TDK Corporation (Japan)
KOA Corporation (Japan)
HitachiMetals, Ltd (Japan)
CeramTec (Germany)
Yokowo Co., Ltd (Japan)
Murata Manufacturing Co., Ltd (Japan)
NGK Spark Plug Co. Ltd (Japan)
Micro Systems Technologies (Switzerland)
Murawa Co. Ltd (Japan)
Nikko Company (Japan)
IMST GmbH (Germany)
API Technologies (UK)
Selmic Oy (Finland)
| Report Attribute/Metric | Details |
| Market Size | 2025: USD 1.2 Billion 2030: Significant value |
| CAGR | 4.45% |
| Base Year | 2023 |
| Forecast Period | 2024 to 2032 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Process Type, Material, End-Use Industry and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | DuPont (US), Kyocera Corporation (Japan), TDK Corporation (Japan), KOA Corporation (Japan), HitachiMetals, Ltd (Japan) CeramTec (Germany), Yokowo Co., Ltd (Japan), Murata Manufacturing Co., Ltd (Japan), NGK Spark Plug Co. Ltd (Japan), Micro Systems Technologies (Switzerland), Murawa Co. Ltd (Japan), Nikko Company (Japan), IMST GmbH (Germany), API Technologies (UK),Selmic Oy (Finland) |
| Key Market Opportunities | The technological advances in the market are also fueling growth. |
| Key Market Drivers | Increased demand for a greater number of transistors and logic gates in ICs |
Co Fired Ceramic Market Highlights:
Frequently Asked Questions (FAQ) :
The co-fired ceramic market valuation would be USD 1.2 billion by 2025.
The CAGR would be 4.45% during the forecast period of 2024 to 2032.
The glass-ceramic segment would dominate the market.
Telecommunication would contribute the most to the market growth.
Low temperature co-fired ceramic (LTCC) would ensure high growth of the co-fired ceramic market.
Research Analyst Level I In her 3 years of experience in the market research field, she has handled critical cross-domain projects. she has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.she holds an engineering degree and is an mba professional from a well-known university, capable of evaluating the market and competitive conditions. an exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. generated business through active client and project development, networking, and high-quality responses. her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.
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