Co-Fired Ceramic Market Report, Industry Overview, Growth Rate and Forecast 2027
Market Synopsis The Global Co-Fired Ceramic Market was valued at USD 886 million in 2018 and is forecast to rise at a CAGR of 4.45% to reach USD 1.2 Billion by 2025. This growth can be attributed to increased application of co-fired ceramics in wireless devices, rising integration of electronics in the automotive systems, and a focus on automation of manufacturing processes across industries. The increased demand for VLSI and ULSI circuitry is expected to propel the growth of this market during the review period. Due to the wide application scope of ICs, which are manufactured using co-fired ceramics, in almost all industries, the market is highly resistant to saturation. Market USP The high application of co-fired ceramics in the fast-expanding wireless devices market is expected to drive market growth. SEGMENTATION The high applicability of co-fired ceramics market for a very robust market segmentation with high dividends expected in each segment. By Process