Market Research Report
Electronics Ceramics & Electrical Ceramics Market by Material (Alumina, Silica, Zirconia), Product (Monolithic Ceramics, Ceramic Matrix Composites), End-Use Industry (Home Appliances, Power Grids, Medical Devices), and Region - Global Forecast to 2021
|Published by||MarketsandMarkets||Product code||373385|
|Published||Content info||168 Pages
Delivery time: 1-2 business days
|Electronics Ceramics & Electrical Ceramics Market by Material (Alumina, Silica, Zirconia), Product (Monolithic Ceramics, Ceramic Matrix Composites), End-Use Industry (Home Appliances, Power Grids, Medical Devices), and Region - Global Forecast to 2021|
|Published: October 4, 2016||Content info: 168 Pages||
"Increasing demand for electronics ceramics & electrical ceramics in medical devices end-use industry is a prime factor for the growth of the global electronics ceramics & electrical ceramics market"
The global electronics ceramics & electrical ceramics market size (2016-2021) is estimated to reach USD 11.98 billion by 2021 at a CAGR of 4.89%. The demand for electronics ceramics & electrical ceramics is increasing due to increased usage in the manufacture of medical devices. With the growing home appliances industry, the increased demand for high temperature stability, low thermal expansion, and durable products drives the market for electronics ceramics & electrical ceramics. The major restraint for electronics ceramics & electrical ceramics market is its higher cost in comparison to other metals and alloys.
Electronics ceramics & electrical ceramics are used in various end-use industries such as home appliances, power grids, medical devices, mobile phone, and others. In 2015, the home appliances segment accounted for the largest market share among all the end-use industries, in terms of value as well as volume, followed by power grids, medical devices, and mobile phones. Among all the applications, the medical devices end-use industry is estimated to register the highest CAGR between 2016 and 2021, in terms of value as well as volume. This demand is further driven by the growing need for technologically advanced electronic equipment for domestic usage.
In 2015, the Asia-Pacific region is estimated to have accounted for the largest market share, in terms of value as well as volume, and this trend is expected to continue during the forecast period. Higher living standards in this region are creating a shift in demand towards more technologically advanced and innovative electronic home appliances that provide greater living comfort. This growth is further supported by the growing medical devices industry in the Asia-Pacific region due to the increased governmental investments in the health sector. China accounted for the largest market share in this region due to the increased demand for home appliances over the last couple of years. Other emerging economies, such as India and Brazil, are the markets which are projected to grow rapidly.
In the process to determine and verify the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted.
The breakdown of primary interviews is given below.
The key companies profiled in this market research report are Ceram Tec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials plc. (U.K.), Murata Manufacturing Co., Ltd. (Japan), McDanel Advanced Ceramic Technologies (U.S.), Ceradyne, Inc. (3M Company) (U.S.), Rauschert Steinbach GmbH (Germany), ENrG Inc. (U.S.), Mantec Technical Ceramics Ltd. (U.K.), NGK Spark Plug Co., Ltd. (Japan), and other local players.
This research report categorizes the global electronics ceramics & electrical ceramics market on the basis of material type, product type, end-use industry, and region.
The market is further analyzed for the key countries in each of these regions.
The report will help the market leaders/new entrants in this market in the following ways:
*Details might not be captured in case of unlisted companies