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Impact Assessment of COVID-19 Outbreak on Ceramic Substrate Market
Ceramic Substrate Market
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The ceramic substrate market is driven by the increase in usage of these substrates as alternatives to metals and alloys. The ceramic substrate market is also driven by its properties such as high-temperature resistance, corrosion-resistance, lightness of weight, and low thermal expansion. Rise in demand for compact microelectronics packaging solutions is also one of the factors boosting the ceramic substrate market. However, high procurement costs and high raw material costs are expected to hamper the market in the near future.
Ceramic substrates are used in a wide range of end-use industries such as electronics, automotive engineering, sensors, optoelectronics, aerospace, navigation, power electronics, instrumentation and control systems, medical equipment, telecommunications, industrial, and entertainment electronics.
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