Market Overview:
The global thick film circuit substrates market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for LED and electronic modules. In terms of type, the single-layer thick film circuit substrates segment is expected to dominate the market during the forecast period. This can be attributed to its low cost and easy fabrication process as compared to multilayer thick film circuit substrates. In terms of application, LED is expected to account for a major share of the global thick film circuit substrates market during the forecast period.
Product Definition:
Thick Film Circuit Substrates are a type of electrical circuit substrate that is made up of a thick film of resistive material. These substrates are used in a variety of applications, including sensors, power supplies, and heaters. They are important because they can handle high voltages and currents without breaking down.
Single-layer Thick Film Circuit Substrates:
Single-layer thick film circuit substrates, also called single-crystal substrate is a new technology that has been rapidly growing in the past few years. The growth of this technology can be attributed to several factors such as increasing demand for high performance and miniaturization of electronics devices. Additionally, technological advancements have led to the development of advanced products with low cost and large area applications which are expected to drive market growth over the forecast period.
Multilayer Thick Film Circuit Substrates:
Multilayer thick film circuit substrates refer to a solid base material on which multiple thin films are deposited. Multilayer technology is used in various applications such as solar cells, image sensors, and display devices among others. The major advantage of using multilayer technology is that the number of layers can be controlled according to the application requirements thus providing flexibility in product development.
Application Insights:
LED application segment led the global thick film circuit substrates market in 2017 and is projected to maintain its dominance over the forecast period. This can be attributed to increasing demand for LED light sources from various end-use industries including automotive, electronics, and healthcare. Furthermore, technological advancements in LED technology are further expected to propel industry growth over the coming years.
Chip resistor application segment is also expected to witness significant growth during the forecast period owing to rising demand for high-quality chip resistors from various end-use industries including consumer electronics, telecommunication equipment manufacturing and industrial applications. Technological advancements in thin film technology have revolutionized chip resistors production by allowing manufacturers reduce their costs while improving product quality at higher yields than ever before possible.
Regional Analysis:
The Asia Pacific region is expected to witness significant growth over the forecast period owing to the increasing demand for electronic products and LED lighting in countries such as China, India, Japan, and South Korea. The growing manufacturing sector in these countries will also drive industry expansion over the coming years.
The Latin American regional market is anticipated to witness substantial growth from 2018 to 2030 due to increasing government support for promoting electronics manufacturing in this region. For instance, Brazil has signed numerous trade agreements with Taiwan that supports its electronics industry development.
In Europe, Germany accounted for a major share of global revenue owing high technological advancement within this nation coupled with increased industrial automation activities supported by government funding programs aimed at developing advanced technologies within Germany's economy as a whole In addition; other European nations are focusing on reducing their dependence on Russia by boosting their own domestic production capabilities of electronic devices.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive industry
- Growing popularity of wearable electronics
- Proliferation of Internet of Things (IoT) devices
- Emerging applications in medical and healthcare sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Thick Film Circuit Substrates Market Research Report
By Type
Single-layer Thick Film Circuit Substrates, Multilayer Thick Film Circuit Substrates
By Application
LED, Chip Resistor, Electronic Modules, Others
By Companies
CMS Circuit Solutions, Noritake, Micro Precision Technologies, Anaren, NIKKO, CoorsTek, Cicor Group, CMS Circuit Solutions
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Thick Film Circuit Substrates Market Report Segments:
The global Thick Film Circuit Substrates market is segmented on the basis of:
Types
Single-layer Thick Film Circuit Substrates, Multilayer Thick Film Circuit Substrates
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
LED, Chip Resistor, Electronic Modules, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CMS Circuit Solutions
- Noritake
- Micro Precision Technologies
- Anaren
- NIKKO
- CoorsTek
- Cicor Group
- CMS Circuit Solutions
Highlights of The Thick Film Circuit Substrates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-layer Thick Film Circuit Substrates
- Multilayer Thick Film Circuit Substrates
- By Application:
- LED
- Chip Resistor
- Electronic Modules
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thick Film Circuit Substrates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thick film circuit substrates are a type of electronic component that are used in various electronic devices. They are made from a thin sheet of metal or plastic that is coated with a layer of insulation material. This coating makes the substrate very durable and prevents it from being damaged by electrical currents.
Some of the major companies in the thick film circuit substrates market are CMS Circuit Solutions, Noritake, Micro Precision Technologies, Anaren, NIKKO, CoorsTek, Cicor Group, CMS Circuit Solutions.
The thick film circuit substrates market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thick Film Circuit Substrates Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Thick Film Circuit Substrates Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thick Film Circuit Substrates Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Thick Film Circuit Substrates Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Thick Film Circuit Substrates Market Size & Forecast, 2018-2028
4.5.1 Thick Film Circuit Substrates Market Size and Y-o-Y Growth
4.5.2 Thick Film Circuit Substrates Market Absolute $ Opportunity
Chapter 5 Global Thick Film Circuit Substrates Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Thick Film Circuit Substrates Market Size Forecast by Type
5.2.1 Single-layer Thick Film Circuit Substrates
5.2.2 Multilayer Thick Film Circuit Substrates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thick Film Circuit Substrates Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Thick Film Circuit Substrates Market Size Forecast by Applications
6.2.1 LED
6.2.2 Chip Resistor
6.2.3 Electronic Modules
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thick Film Circuit Substrates Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thick Film Circuit Substrates Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Thick Film Circuit Substrates Analysis and Forecast
9.1 Introduction
9.2 North America Thick Film Circuit Substrates Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Thick Film Circuit Substrates Market Size Forecast by Type
9.6.1 Single-layer Thick Film Circuit Substrates
9.6.2 Multilayer Thick Film Circuit Substrates
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Thick Film Circuit Substrates Market Size Forecast by Applications
9.10.1 LED
9.10.2 Chip Resistor
9.10.3 Electronic Modules
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Thick Film Circuit Substrates Analysis and Forecast
10.1 Introduction
10.2 Europe Thick Film Circuit Substrates Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Thick Film Circuit Substrates Market Size Forecast by Type
10.6.1 Single-layer Thick Film Circuit Substrates
10.6.2 Multilayer Thick Film Circuit Substrates
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Thick Film Circuit Substrates Market Size Forecast by Applications
10.10.1 LED
10.10.2 Chip Resistor
10.10.3 Electronic Modules
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Thick Film Circuit Substrates Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thick Film Circuit Substrates Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Thick Film Circuit Substrates Market Size Forecast by Type
11.6.1 Single-layer Thick Film Circuit Substrates
11.6.2 Multilayer Thick Film Circuit Substrates
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Thick Film Circuit Substrates Market Size Forecast by Applications
11.10.1 LED
11.10.2 Chip Resistor
11.10.3 Electronic Modules
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Thick Film Circuit Substrates Analysis and Forecast
12.1 Introduction
12.2 Latin America Thick Film Circuit Substrates Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Thick Film Circuit Substrates Market Size Forecast by Type
12.6.1 Single-layer Thick Film Circuit Substrates
12.6.2 Multilayer Thick Film Circuit Substrates
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Thick Film Circuit Substrates Market Size Forecast by Applications
12.10.1 LED
12.10.2 Chip Resistor
12.10.3 Electronic Modules
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Thick Film Circuit Substrates Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thick Film Circuit Substrates Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Thick Film Circuit Substrates Market Size Forecast by Type
13.6.1 Single-layer Thick Film Circuit Substrates
13.6.2 Multilayer Thick Film Circuit Substrates
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Thick Film Circuit Substrates Market Size Forecast by Applications
13.10.1 LED
13.10.2 Chip Resistor
13.10.3 Electronic Modules
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thick Film Circuit Substrates Market: Competitive Dashboard
14.2 Global Thick Film Circuit Substrates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CMS Circuit Solutions
14.3.2 Noritake
14.3.3 Micro Precision Technologies
14.3.4 Anaren
14.3.5 NIKKO
14.3.6 CoorsTek
14.3.7 Cicor Group
14.3.8 CMS Circuit Solutions
