Press release
DCB and AMB Substrate Market - Trends, Growth Drivers, and Market Size Insights (2031)
The DCB and AMB Substrate Market Is poised for significant growth, with a projected CAGR of 14.1% from 2023 to 2031, reaching a valuation of US$ 1.6 Bn by the end of the forecast period. This article delves into the key factors driving this market expansion, market segmentation, regional dynamics, and emerging trends.Request Your Sample Copy Now: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84509&utm_source=Openpr&utm_campaign=Amit
Market Size and Segmentation:
In 2022, the global DCB and AMB substrate industry was valued at US$ 485.3 Mn. The market is primarily segmented based on material types, thickness, and applications. Alumina-based material (Al2O3) dominated the market with a share of 48.6% in 2022, driven by its cost-effectiveness and high-temperature resistance. Additionally, substrates with a thickness of 0.31 mm to 0.6mm accounted for 37.7% of the market, fueled by the rising adoption of compact devices.
Market Drivers:
The surge in demand for DCB and AMB substrates is attributed to their application in power modules across industries such as automotive, aerospace, and electronics. Manufacturers are actively enhancing the operational life of power modules and systems, responding to the growing need for highly efficient electronic components. The rise in electric vehicle (EV) and hybrid electric vehicle (HEV) sales globally is a pivotal factor propelling market growth, as these substrates contribute to the reliability and durability of electronic components in EVs.
Market Development Challenges:
While the market presents substantial opportunities, challenges include the need for continuous innovation to meet evolving industry standards, regulatory requirements, and the demand for sustainable solutions. Overcoming these challenges will be crucial for sustained growth in the DCB and AMB substrate market.
Latest Market Trends:
The industry is witnessing a trend toward thinner substrates (0.31 mm to 0.6mm), driven by the adoption of compact and miniature devices in consumer electronics. Manufacturers are focused on delivering substrates with enhanced thermal insulation and mechanical strength, catering to the demand for high-power and high-temperature applications.
Future Outlook and Opportunities:
The future outlook for the DCB and AMB substrate market is promising, with the Asia Pacific region leading the charge, holding a significant share of 49.7% in 2022. Government initiatives promoting electric vehicles in countries like Thailand contribute to the positive outlook. North America, with a 28.5% share, is expected to witness growth due to increased investment in renewable energy production and the integration of advanced technologies.
Regions Covered
• North America
• Europe
• Asia Pacific
• Rest of the World
Companies Profiled
• Amogreentech
• CeramTec GmbH
• DALEBA ELECTRONICS LTD
• Dowa Metaltech Co., Ltd
• Ferrotec (USA) Corporation
• KCC CORPORATION
• Kyocera Corporation
• LX Semicon
• Maruwa Co., Ltd.
• NGK Electronics Devices, Inc.
• Remtec, Inc.
• Rogers Corporation
• Tong Hsing Electronic Ind., Ltd.
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About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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