유리 코어 기판 시장 : 제품별, 기술별, 용도별, 최종사용자별 - 시장 규모, 업계 역학, 기회 분석 및 예측(2026-2035년)

The global glass core substrate market is entering a period of significant expansion as semiconductor manufacturers increasingly adopt advanced packaging technologies to support the rapidly growing requirements of artificial intelligence (AI), high-performance computing (HPC), and next-generation electronic systems. The market is estimated to reach approximately USD 200.9 million in 2025 and is projected to grow substantially to nearly USD 8,140.8 million by 2035, representing an exceptional compound annual growth rate (CAGR) of 44.8% during the forecast period of 2026-2035.

A primary factor driving the expansion of glass core substrates is the rapid development of artificial intelligence and high-performance computing infrastructure. Modern AI processors, graphics processing units (GPUs), and specialized accelerators require significantly greater computational capacity and data transfer speeds than previous-generation semiconductor devices. These advanced chips increasingly rely on heterogeneous integration methods, including chiplet architectures and multi-die packages, which demand substrate technologies capable of supporting extremely high input/output densities while maintaining signal integrity and mechanical stability.

Noteworthy Market Developments

The global glass core substrate market is being shaped by several leading companies that are driving material innovation, advanced packaging development, and commercialization efforts for next-generation semiconductor applications. AGC Inc. has emerged as a major contributor to the glass core substrate ecosystem by leveraging its extensive expertise in specialty glass materials and advanced manufacturing technologies.

Intel has played a significant role as a technology catalyst in the development and validation of glass core substrates for advanced semiconductor packaging. Absolics, a subsidiary of SKC, is positioned as an important early commercialization player in the glass core substrate market.

SCHOTT represents a critical supplier within the glass substrate value chain through its expertise in specialty glass production and precision material engineering. Samsung Electronics is advancing glass core substrate technology through its extensive semiconductor ecosystem, vertical integration capabilities, and advanced packaging expertise.

Core Growth Drivers

The explosive growth of artificial intelligence (AI) and high-performance computing (HPC) applications is emerging as one of the most significant factors accelerating the expansion of the advanced packaging and glass core substrate market. The rapid evolution of generative AI models, machine learning algorithms, cloud computing platforms, and hyperscale data centers has created unprecedented demand for semiconductor solutions capable of delivering extreme computational performance, massive data throughput, and improved energy efficiency. As conventional semiconductor scaling approaches face increasing physical and economic limitations, advanced packaging technologies are becoming essential for enabling next-generation AI and HPC systems.

Emerging Opportunity Trends

The emergence of hybrid core architectures is becoming an important opportunity trend for growth within the advanced semiconductor packaging and glass core substrate market. As demand increases for high-performance packaging solutions, manufacturers are seeking approaches that combine the superior technical advantages of glass materials with the cost efficiency and manufacturing maturity of established organic substrate technologies. Hybrid architectures are gaining attention as a practical pathway to overcome the current cost and scalability challenges associated with fully glass-based substrate solutions while still delivering improved performance for next-generation semiconductor applications.

Barriers to Optimization

High initial yield losses and fabrication bottlenecks represent significant challenges that may slow the broader adoption and commercial scaling of glass core substrates within the advanced semiconductor packaging market. Although glass substrates provide substantial performance advantages, including superior dimensional stability, improved electrical characteristics, and enhanced compatibility with next-generation chip architectures, their manufacturing processes remain technically demanding. The transition from mature organic substrate technologies to advanced glass-based platforms requires significant process optimization, specialized equipment, and extensive quality control measures to achieve reliable high-volume production.

Detailed Market Segmentation

By product type, the core substrates segment established a dominant position within the global advanced packaging and glass core substrate market in 2025 and is expected to maintain the highest revenue share through 2026. The strong market leadership of core substrates is primarily driven by the semiconductor industry's accelerating transition away from conventional organic substrate materials toward advanced glass-based solutions. As semiconductor devices become larger, more powerful, and increasingly integrated, traditional substrate technologies are facing growing challenges related to thermal expansion, signal integrity, and mechanical stability. Glass core substrates are emerging as a critical technology solution capable of addressing these limitations while supporting next-generation semiconductor architectures.

By technology, Through-Glass Via (TGV) technology established a leading position in the global advanced packaging and glass core substrate market in 2025, driven by its ability to address critical challenges associated with vertical interconnects in next-generation semiconductor architectures. As chip designs increasingly transition toward three-dimensional integration, heterogeneous packaging, and chiplet-based systems, the need for efficient, high-density vertical data transmission pathways has become more important than ever. TGV technology provides an advanced interconnect solution by enabling electrical connections to pass vertically through glass substrates while maintaining superior signal integrity, thermal performance, and dimensional stability.

By application, artificial intelligence and high-performance computing (AI/HPC) accelerators captured the largest share of the global glass core substrate market in 2025, emerging as the primary growth engine for advanced semiconductor packaging technologies. The increasing demand for accelerated computing, generative artificial intelligence, machine learning, and large-scale data processing has created a critical need for semiconductor packages capable of supporting significantly higher performance requirements. Glass core substrates are gaining importance in this segment because they provide the dimensional stability, electrical performance, and integration capabilities required for next-generation AI and HPC architectures.

By end user, foundries and integrated device manufacturers (IDMs) held the leading position in the global advanced packaging and glass core substrate market in 2025, serving as the primary drivers behind technology development, commercialization, and large-scale deployment. Their dominant market position is closely associated with their extensive manufacturing capabilities, significant research and development investments, and strategic efforts to establish greater control over advanced semiconductor supply chains. As semiconductor architectures become increasingly complex and traditional scaling approaches face technological limitations, foundries and IDMs are taking a central role in advancing next-generation packaging solutions that enable higher performance, improved energy efficiency, and greater chip integration.

Segment Breakdown

By Product

• Core Substrates
• Interposers
• Carrier/Support Glass
• Glass IPD/Photonic Tiles

By Technology

• Through-Glass Via (TGV)
• Redistribution Layer
• Hybrid (Glass + Silicon)

By Application

• AI/HPC Accelerators
• Data Center Networking
• Co-Packaged Optics
• Automotive/Power
• 5G/6G RF

By End User

• Foundries & IDMs
• OSATs
• AI-Chip Vendors

By Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• Saudi Arabia
• South Africa
• UAE
• Rest of MEA
• South America
• Argentina
• Brazil
• Rest of South America

Geography Breakdown

• In 2025, the Asia-Pacific region secured the largest revenue share of the global advanced packaging and glass core substrate market, driven by its highly developed semiconductor manufacturing ecosystem, extensive supply chain infrastructure, and strong concentration of leading technology providers. The region's dominant position is supported by decades of semiconductor expertise, significant investments in fabrication capacity, and close collaboration between foundries, integrated device manufacturers (IDMs), materials suppliers, and packaging specialists.
• The regional leadership is primarily anchored by Taiwan, South Korea, and Japan, which collectively influence the global advancement of semiconductor packaging technologies. These countries contribute complementary capabilities across the value chain, from wafer fabrication and advanced packaging development to specialty material production and high-precision manufacturing.
• Taiwan serves as the central manufacturing hub within this ecosystem due to its world-leading semiconductor foundry capabilities and extensive investment in advanced packaging infrastructure. Major foundries in the country are committing multi-billion-dollar capital expenditures to expand next-generation packaging capacity and integrate advanced materials into increasingly complex semiconductor designs.
• Leading Market Participants
• AGC Inc.
• AvanStrate Inc.
• Corning Incorporated
• HOYA Corporation
• Irico Group New Energy Company Limited
• Kyocera Corporation
• Nippon Electric Glass Co., Ltd.
• Nitto Boseki Co., Ltd.
• Ohara Inc.
• Planoptik AG
• Saint-Gobain
• Samtec
• SCHOTT AG
• SHENZHEN LAIBAO HI-TECH CO., LTD
• TOPPAN Holdings Inc.
• Other Prominent Players

Table of Content

Chapter 1. Executive Summary: Global Glass-Core Substrate Market

Chapter 2. Research Methodology & Research Framework

• 2.1. Research Objective
• 2.2. Product Overview
• 2.3. Market Segmentation
• 2.4. Qualitative Research
  • 2.4.1. Primary & Secondary Sources
• 2.5. Quantitative Research
  • 2.5.1. Primary & Secondary Sources
• 2.6. Breakdown of Primary Research Respondents, By Region
• 2.7. Assumption for Study
• 2.8. Market Size Estimation
• 2.9. Data Triangulation

Chapter 3. Global Glass-Core Substrate Market Overview

• 3.1. Industry Value Chain Analysis
  • 3.1.1. Specialty Low-CTE Glass, Borosilicate & Metallization-Chemical Suppliers
  • 3.1.2. TGV Drilling (LIDE/ECDM), Panel-Processing & Substrate Fabricators
  • 3.1.3. Interposer, RDL & Advanced-Packaging Integration Providers
  • 3.1.4. OSAT, Assembly, Test & Qualification Partners
  • 3.1.5. End Users (Foundries & IDMs, OSATs, AI-Chip Vendors)
• 3.2. Industry Outlook
  • 3.2.1. Overview of the Global Glass-Core Substrate (Advanced Packaging) Industry
  • 3.2.2. CTE-Matched Glass Cores, Through-Glass Vias & Panel-Level Processing Replacing Organic ABF
  • 3.2.3. AI/HPC Reticle-Limit Bypass, Co-Packaged Optics Enablement & CHIPS-Act-Backed Localization
• 3.3. PESTLE Analysis
• 3.4. Porter's Five Forces Analysis
  • 3.4.1. Bargaining Power of Suppliers
  • 3.4.2. Bargaining Power of Buyers
  • 3.4.3. Threat of Substitutes
  • 3.4.4. Threat of New Entrants
  • 3.4.5. Degree of Competition
• 3.5. Market Growth and Outlook
  • 3.5.1. Market Revenue Estimates and Forecast (US$ Mn), 2020-2035
  • 3.5.2. Price Trend Analysis, By Product

Chapter 4. Global Glass-Core Substrate Market Analysis

• 4.1. Competition Dashboard
  • 4.1.1. Market Concentration Rate
  • 4.1.2. Company Market Share Analysis (Value %), 2025
  • 4.1.3. Competitor Mapping & Benchmarking

Chapter 5. Global Glass-Core Substrate Market Analysis

• 5.1. Market Dynamics and Trends
  • 5.1.1. Growth Drivers
  • 5.1.2. Restraints
  • 5.1.3. Opportunity
  • 5.1.4. Key Trends
• 5.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 5.2.1. By Product
    • 5.2.1.1. Key Insights
      • 5.2.1.1.1. Core Substrates
      • 5.2.1.1.2. Interposers
      • 5.2.1.1.3. Carrier/Support Glass
      • 5.2.1.1.4. Glass IPD/Photonic Tiles
  • 5.2.2. By Technology
    • 5.2.2.1. Key Insights
      • 5.2.2.1.1. Through-Glass Via (TGV)
      • 5.2.2.1.2. Redistribution Layer
      • 5.2.2.1.3. Hybrid (Glass + Silicon)
  • 5.2.3. By Application
    • 5.2.3.1. Key Insights
      • 5.2.3.1.1. AI/HPC Accelerators
      • 5.2.3.1.2. Data Center Networking
      • 5.2.3.1.3. Co-Packaged Optics
      • 5.2.3.1.4. Automotive/Power
      • 5.2.3.1.5. 5G/6G RF
  • 5.2.4. By End User
    • 5.2.4.1. Key Insights
      • 5.2.4.1.1. Foundries & IDMs
      • 5.2.4.1.2. OSATs
      • 5.2.4.1.3. AI-Chip Vendors
  • 5.2.5. By Region
    • 5.2.5.1. Key Insights
      • 5.2.5.1.1. North America
        • 5.2.5.1.1.1. The U.S.
        • 5.2.5.1.1.2. Canada
        • 5.2.5.1.1.3. Mexico
      • 5.2.5.1.2. Europe
        • 5.2.5.1.2.1. Western Europe
          • 5.2.5.1.2.1.1. The UK
          • 5.2.5.1.2.1.2. Germany
          • 5.2.5.1.2.1.3. France
          • 5.2.5.1.2.1.4. Italy
          • 5.2.5.1.2.1.5. Spain
          • 5.2.5.1.2.1.6. Rest of Western Europe
        • 5.2.5.1.2.2. Eastern Europe
          • 5.2.5.1.2.2.1. Poland
          • 5.2.5.1.2.2.2. Russia
          • 5.2.5.1.2.2.3. Rest of Eastern Europe
      • 5.2.5.1.3. Asia Pacific
        • 5.2.5.1.3.1. China
        • 5.2.5.1.3.2. India
        • 5.2.5.1.3.3. Japan
        • 5.2.5.1.3.4. Australia & New Zealand
        • 5.2.5.1.3.5. South Korea
        • 5.2.5.1.3.6. ASEAN
        • 5.2.5.1.3.7. Rest of Asia Pacific
      • 5.2.5.1.4. Middle East & Africa (MEA)
        • 5.2.5.1.4.1. Saudi Arabia
        • 5.2.5.1.4.2. South Africa
        • 5.2.5.1.4.3. UAE
        • 5.2.5.1.4.4. Rest of MEA
      • 5.2.5.1.5. South America
        • 5.2.5.1.5.1. Argentina
        • 5.2.5.1.5.2. Brazil
        • 5.2.5.1.5.3. Rest of South America

Chapter 6. North America Market Analysis

• 6.1. Market Dynamics and Trends
  • 6.1.1. Growth Drivers
  • 6.1.2. Restraints
  • 6.1.3. Opportunity
  • 6.1.4. Key Trends
• 6.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 6.2.1. Key Insights
    • 6.2.1.1. By Product
    • 6.2.1.2. By Technology
    • 6.2.1.3. By Application
    • 6.2.1.4. By End User
    • 6.2.1.5. By Country

Chapter 7. Europe Market Analysis

• 7.1. Market Dynamics and Trends
  • 7.1.1. Growth Drivers
  • 7.1.2. Restraints
  • 7.1.3. Opportunity
  • 7.1.4. Key Trends
• 7.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 7.2.1. Key Insights
    • 7.2.1.1. By Product
    • 7.2.1.2. By Technology
    • 7.2.1.3. By Application
    • 7.2.1.4. By End User
    • 7.2.1.5. By Country

Chapter 8. Asia Pacific Market Analysis

• 8.1. Market Dynamics and Trends
  • 8.1.1. Growth Drivers
  • 8.1.2. Restraints
  • 8.1.3. Opportunity
  • 8.1.4. Key Trends
• 8.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 8.2.1. Key Insights
    • 8.2.1.1. By Product
    • 8.2.1.2. By Technology
    • 8.2.1.3. By Application
    • 8.2.1.4. By End User
    • 8.2.1.5. By Country

Chapter 9. Middle East & Africa Market Analysis

• 9.1. Market Dynamics and Trends
  • 9.1.1. Growth Drivers
  • 9.1.2. Restraints
  • 9.1.3. Opportunity
  • 9.1.4. Key Trends
• 9.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 9.2.1. Key Insights
    • 9.2.1.1. By Product
    • 9.2.1.2. By Technology
    • 9.2.1.3. By Application
    • 9.2.1.4. By End User
    • 9.2.1.5. By Country

Chapter 10. South America Market Analysis

• 10.1. Market Dynamics and Trends
  • 10.1.1. Growth Drivers
  • 10.1.2. Restraints
  • 10.1.3. Opportunity
  • 10.1.4. Key Trends
• 10.2. Market Size and Forecast, 2020-2035 (US$ Mn)
  • 10.2.1. Key Insights
    • 10.2.1.1. By Product
    • 10.2.1.2. By Technology
    • 10.2.1.3. By Application
    • 10.2.1.4. By End User
    • 10.2.1.5. By Country

Chapter 11. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook)

• 11.1. AGC Inc.
• 11.2. AvanStrate Inc.
• 11.3. Corning Incorporated
• 11.4. HOYA Corporation
• 11.5. Irico Group New Energy Company Limited
• 11.6. Kyocera Corporation
• 11.7. Nippon Electric Glass Co., Ltd.
• 11.8. Nitto Boseki Co., Ltd.
• 11.9. Ohara Inc.
• 11.10. Planoptik AG
• 11.11. Saint-Gobain
• 11.12. Samtec
• 11.13. SCHOTT AG
• 11.14. SHENZHEN LAIBAO HI-TECH CO., LTD
• 11.15. TOPPAN Holdings Inc.
• 11.16. Other Prominent Players

Chapter 12. Annexure

• 12.1. List of Secondary Sources
• 12.2. Key Country Markets- Macro Economic Outlook/Indicators