PUBLISHER: TechNavio | PRODUCT CODE: 1267558
PUBLISHER: TechNavio | PRODUCT CODE: 1267558
Technavio has been monitoring the ceramic matrix composites (CMC) market and is forecast to grow by USD 2742.86 mn during 2022-2027, accelerating at a CAGR of 10.41% during the forecast period. Our report on the ceramic matrix composites (CMC) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by government initiatives and funding, technological advancements in manufacturing processes, and growing demand for energy-efficient systems.
Technavio's ceramic matrix composites (CMC) market is segmented as below:
By Product
By Application
By Geographical Landscape
This study identifies the emergence of new applications as one of the prime reasons driving the ceramic matrix composites (CMC) market growth during the next few years. Also, growing adoption in the automotive industry and increasing demand from the aerospace industry will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ceramic matrix composites (CMC) market vendors that include 3M Co., Applied Thin Films Inc., Axiom Materials Inc., CeramTec GmbH, CFC Carbon Co. Ltd., COI Ceramics Inc., Composites United e V, CoorsTek Inc., General Electric Co., KYOCERA corp., Lancer Systems, Rolls Royce Holdings Plc, Safran SA, Compagnie de Saint Gobain, SGL Carbon SE, Spirit AeroSystems Holdings Inc., Starfire Systems Inc., Ube Corp., Ultramet, and YuCMC Co. Ltd.. Also, the ceramic matrix composites (CMC) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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