The Electronic Ceramics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Electronic Ceramics Global Market Report 2024, The electronic ceramics market size has grown strongly in recent years. It will grow from $11.43 billion in 2023 to $12.22 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to consumer electronics growth, telecommunications expansion, automotive electronics, medical device applications.
The electronic ceramics market size is expected to see strong growth in the next few years. It will grow to $15.38 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to 5g technology deployment, iot and sensor integration, electric vehicle (ev) expansion, advanced materials for 5g, emerging memory technologies. Major trends in the forecast period include technological advancements, iot sensor technologies, emerging memory technologies, bioceramics in medical devices, quantum computing
The rise in the automotive sector is expected to propel the electronic ceramic market. The automobile sector is one of the most important economic drivers, with a high level of involvement in global value chains. This sector’s expansion has been fueled by significant government support, which has allowed it to create a distinct route among manufacturing industries. This expansion increases the production of related auto components and electrical ceramics used in automobiles. For instance, In February 2022, An Indian auto components industry analysis published by India Brand Equity Foundation stated that the market for auto components in India increased by 25% from USD 4.1 billion (Rs. 31,116 crores) in 2020-21 to USD 5.3 billion (Rs. 38,895 crores) in the first half of 2021-22. Therefore, the demand for auto components will drive the market for the automotive sector, resulting in an increasing demand for electronic ceramics.
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The electronic ceramics market covered in this report is segmented –
1) By Product Type: Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings
2) By Application: Capacitors, Data Storage Devices, Optoelectronic Devices, Actuators & Sensors, Power Distribution Devices
3) By End User: Electronics, Automobile, Medical, Aerospace & Defense
Technological innovation is a key trend gaining popularity in the electronic ceramics market. Major companies operating in the electronic ceramics market are focused on providing technologically advanced products to meet fast-growing industry demand and strengthen their market position. These companies are implementing next-generation electronic ceramics technologies into their products, such as piezoelectric material, circuit carriers, actuators, sensors, fiber optics, and others, to provide mechanical, thermal, and chemical stability to electronic equipment. For instance, in March 2023, Kyocera Corporation, a Japan-based ceramics and electronics manufacturer launched the newest high-speed ceramic optoelectronic device substrates and packaging at OFC like the high-speed ceramic packages to enable 200g baud rate, high-mechanical-reliability ceramics for co-packaged optics, high-speed TO can packages and other fiber-optic products.
The electronic ceramics market report table of contents includes:
1. Executive Summary
2. Electronic Ceramics Market Characteristics
3. Electronic Ceramics Market Trends And Strategies
4. Electronic Ceramics Market – Macro Economic Scenario
5. Global Electronic Ceramics Market Size and Growth
…..
31. Global Electronic Ceramics Market Competitive Benchmarking
32. Global Electronic Ceramics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Electronic Ceramics Market
34. Electronic Ceramics Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Electronic Ceramics Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Electronic Ceramics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Electronic Ceramics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…
Table 74: Maruwa Co. Ltd. Financial Performance
Table 75: Kyocera Corporation Financial Performance
Table 76: CeramTec GmbH Financial Performance
Table 77: Morgan Advanced Materials plc Financial Performance
Table 78: Murata Manufacturing Co. Ltd. Financial Performance
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