According to a market report by Lucintel, the future of the global alumina substrate market looks promising with opportunities in the electronic packaging, hybrid microelectronic, multi-chip module, and power electronic markets. The global alumina substrate market is expected to reach an estimated $2 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are rising demand for fuel efficiency from the automotive industry, increasing applications in the electrics and electronics industry, and increasing usage in sintering equipment, oven construction elements, medical technology, and filtration of liquids.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in alumina substrate market to 2030 by type (96%
alumina ceramic substrates, 99.6% alumina ceramic substrates, and 99.9% alumina
ceramic substrates), thickness (< 1mm: 0.03mm, >1.5mm: +/- 0.07mm, and
>1mm & <1.5mm: +/- 0.05mm), application (electronic packaging, hybrid
microelectronics, multi-chip modules, and power electronics), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
In this market, 96% alumina ceramic substrate, 99.6% alumina ceramic
substrate, and 99.9% alumina ceramic substrate are the major segments of
alumina substrate market by type. Lucintel forecasts that 99.6% alumina ceramic
substrate is expected to witness the highest growth over the forecast period
due to its high thermal conductivity and excellent electrical insulation
properties.
Download sample by clicking on alumina
substrate market.
Within this market, hybrid microelectronic is expected to witness the
highest growth due to growing trend of miniaturization and integration of
electronic components.
APAC is expected to witness highest growth over the forecast period due
to significantly growing consumer electronics industry and presence of major
manufacturers in this region.
Advanced Substrate Microtechnology, Asahi Glass, Carborundum Universal,
Ceramtec, Chaozhou Three-Circle, Coorstek, and Corning are the major suppliers
in the alumina substrate market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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