Electronic Ceramics Market Growth 2022: Industry Overview, Share, Size, Trends, Demand and Opportunities
According to the latest report by IMARC Group, “Global Electronic Ceramics Market Growth, Share, Size, Industry Trends, Opportunity and Forecast 2022-2027“, 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 represent the materials that are mainly utilized for performing electronic functions for a specific program. They are commonly available in various types, including piezoceramics, dielectric, conductive, etc. Microelectromechanical systems (MEMs), radio-frequency identification (RFID), multilayer ceramic capacitors (MLCCs), noise filters, sensors, actuators, etc., are some of the common components made of electronic ceramics. They exhibit enhanced electrical conductivity, thermal and corrosion stability, higher strength, improved wear and chemical resistance, etc., as compared to the traditional materials. Consequently, electronic ceramics find wide-ranging applications across several sectors, such as automotive, healthcare, telecommunications, defense, etc.
Note: 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.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Electronic Ceramics Market Trends and Drivers:
The expanding aerospace industry is primarily driving the electronic ceramics market. Besides this, the widespread product adoption in laser lighting systems and antenna components of unpowered gliders, sensors, high-intensity discharge lamps, light-emitting diodes (LEDs), unmanned aerial vehicles (UAVs), sailplanes, etc., is also augmenting the market growth. Moreover, the increasing utilization of electronic ceramics in computers, cell phones, controllers, etc., for voice transmission and signal reception purposes is also positively influencing the global market.
Apart from this, the escalating demand for electronic ceramics in diagnostic imaging and robotic surgical tools is acting as another significant growth-inducing factor. Additionally, the introduction of lightweight and high-performance variants that exhibit greater density, thermal shock resistance, toughness, hardness, chemical and wear resistance, etc., is projected to fuel the global electronic ceramics market in the coming years.
Global Electronic Ceramics Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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. and Venator Materials PLC (Huntsman Corporation).
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The report has segmented the market on the basis of region, material, application and end user.
Breakup by Material:
Breakup by Application:
- Data Storage Devices
- Optoelectronic Devices
- Actuators and Sensors
- Power Distribution Devices
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
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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