IMARC Group’s latest research report, titled “Global Electronic Ceramics Market Trends, Share, Industry Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global electronic ceramics market reached a value of US$ 11.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 16.8 Billion by 2027, exhibiting a CAGR of 5.70% during 2022-2027.
Electronic ceramics are materials that perform electronic functions for a particular application. Some commonly available types of electronic ceramics include ferroelectric, piezoceramics, dielectric, and conductive. They are extensively used in electrical, optical, and magnetic applications. They consist of circuit devices and ferrite-based permanent magnets that produce an electrical charge when pressure is applied under an electric field. And, they offer improved wear and chemical resistance, increased strength, thermal and corrosion stability, and enhanced electrical conductivity. As a result, electronic ceramics find extensive applications across healthcare, telecommunication, electronic, and automotive industries.
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Important Attribute and highlights of the Report:
§ Detailed analysis of the global market share
§ Market Segmentation by material, application, end user and region.
§ Historical, current, and projected size of the market in terms of volume and value
§ Latest industry trends and developments
§ Competitive Landscape for Electronic Ceramics Market
§ Strategies of major players and product offerings
The global electronic ceramics market is primarily driven by the expanding aerospace industry. Besides this, the rising usage of electronic ceramics in sensors, lighting, high-intensity discharge lamps, light-emitting diodes (LEDs), laser lighting systems, and antenna components of unpowered gliders and sailplanes, unmanned aerial vehicles (UAVs), and lighter-than-air crafts has augmented the product demand. Moreover, the surging product adoption in numerous consumer goods, including cell phones, computers, and controllers, for voice transmission and signal reception is another major factor driving the market growth.
In addition, the launch of lightweight and high-performance electronic ceramics with excellent thermal shock resistance, toughness, hardness, chemical and wear resistance, and greater density is impelling the market growth. Furthermore, there has been rising usage of electronic ceramics in robotic surgical tools and diagnostic imaging that require precision functionality. Other factors, including the rising product demand from the automotive sector, favorable government initiatives to enhance broadband services in rural areas, and increasing reliance on smartphones and internet services, are also anticipated to propel the market growth.
Key Players Included in Global Research Report:
· Almatis GmbH
· American Elements
· APC International Ltd.
· Central Electronics Limited
· CeramTec GmbH
· Compagnie de Saint-Gobain S.A.
· CoorsTek Inc.
· Ferro Corporation
· Ishihara Sangyo Kaisha Ltd.
· Noritake Co. Limited
· Physik Instrumente (PI) GmbH & Co. KG.
· Sensor Technology Ltd.
· Venator Materials PLC (Huntsman Corporation)
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Breakup by Material:
Breakup by Application:
- Data Storage Devices
- Optoelectronic Devices
- Actuators and Sensors
- Power Distribution Devices
The Breakup by End User:
- Aerospace and Defense
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the Electronic Ceramics Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Electronic Ceramics Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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