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.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Industry Definition and Application:
Electronic ceramics represent the materials that are mainly utilized for performing electronic functions for a specific program. They are commonly available in various types, including piezoceramics, dielectric, conductive, etc. Microelectromechanical systems (MEMs), radio-frequency identification (RFID), multilayer ceramic capacitors (MLCCs), noise filters, sensors, actuators, etc., are some of the common components made of electronic ceramics. They exhibit enhanced electrical conductivity, thermal and corrosion stability, higher strength, improved wear and chemical resistance, etc., as compared to the traditional materials. Consequently, electronic ceramics find wide-ranging applications across several sectors, such as automotive, healthcare, telecommunications, defense, etc.
Global Electronic Ceramics Market Trends and Drivers:
The expanding aerospace industry is primarily driving the electronic ceramics market. Besides this, the widespread product adoption in laser lighting systems and antenna components of unpowered gliders, sensors, high-intensity discharge lamps, light-emitting diodes (LEDs), unmanned aerial vehicles (UAVs), sailplanes, etc., is also augmenting the market growth. Moreover, the increasing utilization of electronic ceramics in computers, cell phones, controllers, etc., for voice transmission and signal reception purposes is also positively influencing the global market. Apart from this, the escalating demand for electronic ceramics in diagnostic imaging and robotic surgical tools is acting as another significant growth-inducing factor. Additionally, the introduction of lightweight and high-performance variants that exhibit greater density, thermal shock resistance, toughness, hardness, chemical and wear resistance, etc., is projected to fuel the global electronic ceramics market in the coming years.
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| Electronic Ceramics Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 11.8 Billion |
| Market forecast in 2027 | US$ 16.8 Billion |
| Growth Rate | CAGR of 5.70% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Material, Application, End User and Region |
| Regional scope | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
| Key companies profiled | 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. and Venator Materials PLC (Huntsman Corporation). |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization preview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Material:
- Alumina
- Zirconia
- Silica
- Others
Breakup by Application:
- Capacitors
- Data Storage Devices
- Optoelectronic Devices
- Actuators and Sensors
- Power Distribution Devices
- Others
Breakup by End User:
- Electronics
- Automobile
- Medical
- Aerospace and Defense
- Others
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
List of Major Key Players:
The major players in the market are 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. and Venator Materials PLC (Huntsman Corporation).
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