Hybrid Microcircuits Market - Size, Share, Growth, Trends, and Forecast 2017 - 2025
Albany, NY -- (SBWIRE) -- 06/18/2018 -- Hybrid microcircuits, also known as hybrid integrated circuits, are miniaturized versions of electronic circuits. It consists of passive components, such as capacitors and resistors among others, and semiconductors. The components are generally attached to a printed circuit board (PCB) or to a substrate. Hybrid microcircuits are similar to monolithic integrated circuits and can simply serve as a component of the PCB.
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Hybrid microcircuits market has been growing at a steady pace, owing to their high levels of market penetration. The market for hybrid microcircuits is primarily being driven by the growing demand for these circuits in various hazardous area applications. Modern hybrid microcircuits are designed to have high tolerance to harsh environments and can also perform under high temperature for long periods of time.
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Such wide temperature tolerance range and long functional period has been resulting in growing applications in offshore safety control systems, pressure control sensors, aircraft altimeters and minesweeper sound navigation and ranging (SONAR) systems among others.
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Additionally, the high growth rates of various industrial sectors, in the Asia Pacific region, have also been positively impacting the growth of hybrid microcircuits market.