Market Research Report
Ceramic Substrates Market by Product Type (Alumina, Aluminum Nitride, Silicon Nitride, Beryllium oxide), End-use Industry (Consumer Electronics, Automotive, Telecom, Industrial, Military & Avionics), and Region - Global Forecast to 2022
|Published by||MarketsandMarkets||Product code||594922|
|Published||Content info||138 Pages
Delivery time: 1-2 business days
|Ceramic Substrates Market by Product Type (Alumina, Aluminum Nitride, Silicon Nitride, Beryllium oxide), End-use Industry (Consumer Electronics, Automotive, Telecom, Industrial, Military & Avionics), and Region - Global Forecast to 2022|
|Published: December 15, 2017||Content info: 138 Pages||
"Increasing use of ceramic substrates as an alternative to metals & alloys is driving the growth of the ceramic substrates market"
The ceramic substrates market is estimated to be USD 6.35 billion in 2017 and is projected to reach USD 8.68 billion by 2022, at a CAGR of 6.44% from 2017 to 2022. The growth of the market is attributed to the increasing use of ceramic substrates as an alternative to metals and alloys. The increasing demand for compact microelectronics packaging solutions is another significant factor driving the growth of the ceramic substrates market. However, high procurement and raw material costs are expected to negatively affect the market growth.
Alumina substrates are the most widely used ceramic substrates as they meet all the requirements of insulating materials for applications in electrical & electronics engineering. Alumina substrates are widely used in thick and thin film applications as they are an inexpensive option as compared to other ceramic substrates.
On the basis of region, the ceramic substrates market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific is estimated to account for the major share of the ceramic substrates market by 2022, owing to the increase in consumption from various developing economies, such as China, India, and South Korea.
The Asia Pacific ceramic substrates market is also projected to grow at the highest CAGR between 2017 and 2022. The demand for ceramic substrates is increasing in this region on account of the growing manufacturing base of various end-use industries.
Primary interviews were conducted with a number of industry experts to collect information related to the ceramic substrates market. The breakdown of primary interviews is depicted below:
Key companies supplying ceramic substrates are:
This report segments the ceramic substrates market on the basis of product type, end-use industry, and region, and provides estimations for the overall value of the market and its subsegments across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key growth strategies, and recent developments (such as expansions, new product & technology launches, acquisitions, partnerships, agreements, and joint ventures) associated with the ceramic substrates market.
This report will help leaders/new entrants in this market in the following ways:
*Details might not be captured in case of unlisted companies