Electronic Ceramics Market Size, Industry Share | Global Forecast, 2027
Market Overview 2022-2027:
The latest research study “Electronic Ceramics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global electronic ceramics market size reached 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.
Industry Definition and Application:
Electronic ceramics refer to materials commonly used to perform electronic functions for a specific application. Some of the most common types of electronic ceramics include ferroelectric, piezoceramics, conductive, and dielectric. They consist of ferrite-based permanent magnets and circuit components that produce an electrical charge when pressure is applied under an electric field. They are mainly used in optical, electrical, and magnetic applications. Electronic ceramic products exhibit improved wear and chemical resistance, strength, thermal and corrosion stability, and electrical conductivity than traditional materials. As a result, electronic ceramics find extensive applications in the telecommunication, automotive, healthcare, and electronic industries across the globe.
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The global electronic ceramics market is primarily driven by the rapid growth in the aerospace industry. Additionally, the rising use of electronic ceramics in sensors, laser lighting systems, lighting, high-intensity discharge lamps, light-emitting diodes (LEDs), and antenna components of unpowered gliders and sailplanes, unmanned aerial vehicles (UAVs), and lighter-than-air crafts has catalyzed the market growth. Moreover, the development of highly efficient, lightweight electronic ceramics with enhanced thermal shock resistance, toughness, hardness, and chemical and wear resistance is another major growth-inducing factor.
Besides this, the rising product utilization in numerous consumer electronics, such as computers, cell phones, and controllers for signal reception and voice transmission, is positively influencing the market growth. Furthermore, the increasing use of electronic ceramics in robotic surgical tools and diagnostic imaging that require high precision is contributing to market growth. Other factors, including increasing product demand in the automotive sector, rising investments in research and development (R&D) activities, and product innovations, are also anticipated to create a positive market outlook.
The report has been segmented the market into following categories:
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 Geography:
- 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
Competitive Landscape with Key Player:
- 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.
- Venator Materials PLC (Huntsman Corporation)
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