5G Substrate Material Trends and Forecast
The future of the global 5G substrate material market looks promising with opportunities in the smartphones, and base station markets. The global 5G substrate material market is expected to reach an estimated $1 billion by 2030 with a CAGR of 21.1% from 2024 to 2030. The major drivers for this market are increasing global investments in the development and implementation of 5G communication, swift rise in the quantity of R&D projects, and increase in the number of people using edge computing devices and the internet globally.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
5G Substrate Material by Segment
The study includes a forecast for the global 5G substrate material by product type, application, and region.
5G Substrate Material Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Organic Laminates
• Ceramic
• Glass
• Others
5G Substrate Material Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Smartphones
• Base Stations
• Others
5G Substrate Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of 5G Substrate Material Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 5G substrate material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 5G substrate material companies profiled in this report include-
• Covestro
• Asahi Glass Company
• Kolon Industries
• DuPont
• Sumitomo Bakelite
• Shoe Denka Materials
• Hitachi Chemical
• Kaneka Corporation
• Panasonic Corporation
• Solvay
5G Substrate Material Market Insights
Lucintel forecasts that organic laminates will remain the largest segment over the forecast period because of thermosetting insulating materials that are employed as circuit board raw materials in both rigid and flexible copper-clad laminates, as well as, rising need for improved antennas with higher bandwidth and extremely reliable connectivity.
Within this market, smartphones will remain the larger segment due to rising number of smartphone users globally, and in order to function in the millimeter-wave frequency band, new 5G devices require 4x4 multiple-input and multiple-output (mimo), 8x8 mimo, or even more sophisticated mimo antenna arrays.
APAC will remain the largest region over the forecast period due to active 5G rollout in the telecom and automobile industries, among other sectors, as well as, increasing quantity of 5G base stations and the existence of several smartphone manufacturers, including apple and huawei in the region.
Features of the Global 5G Substrate Material Market
Market Size Estimates: 5G substrate material market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: 5G substrate material market size by product type, application, and region in terms of value ($B).
Regional Analysis: 5G substrate material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, application, and regions for the 5G substrate material market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the 5G substrate material market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the 5G substrate material market size?
Answer: The global 5G substrate material market is expected to reach an estimated $1 billion by 2030.
Q2. What is the growth forecast for 5G substrate material market?
Answer: The global 5G substrate material market is expected to grow with a CAGR of 21.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the 5G substrate material market?
Answer: The major drivers for this market are increasing global investments in the development and implementation of 5G communication, swift rise in the quantity of R&D projects and increase in the number of people using edge computing devices and the internet globally.
Q4. What are the major segments for 5G substrate material market?
Answer: The future of the 5G substrate material market looks promising with opportunities in the smartphones, and base station markets.
Q5. Who are the key 5G substrate material market companies?
Answer: Some of the key 5G substrate material companies are as follows:
• Covestro
• Asahi Glass Company
• Kolon Industries
• DuPont
• Sumitomo Bakelite
• Shoe Denka Materials
• Hitachi Chemical
• Kaneka Corporation
• Panasonic Corporation
• Solvay
Q6. Which 5G substrate material market segment will be the largest in future?
Answer: Lucintel forecasts that organic laminates will remain the largest segment over the forecast period because of thermosetting insulating materials that are employed as circuit board raw materials in both rigid and flexible copper-clad laminates, as well as, rising need for improved antennas with higher bandwidth and extremely reliable connectivity.
Q7. In 5G substrate material market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to active 5G rollout in the telecom and automobile industries, among other sectors, as well as, increasing quantity of 5G base stations and the existence of several smartphone manufacturers, including apple and huawei in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the 5G substrate material market by product type (organic laminates, ceramic, glass, and others), application (smartphones, base stations, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to 5G Substrate Material Market, 5G Substrate Material Market Size, 5G Substrate Material Market Growth, 5G Substrate Material Market Analysis, 5G Substrate Material Market Report, 5G Substrate Material Market Share, 5G Substrate Material Market Trends, 5G Substrate Material Market Forecast, 5G Substrate Material Companies, write Lucintel analyst at email:Â helpdesk@lucintel.com. We will be glad to get back to you soon.