According to the report by IMARC Group, “Global Electronic Ceramics Market Share, Size, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global electronic ceramics market reached a value of 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.

Electronic ceramics are materials that perform electronic functions for a particular application. Some commonly available types of electronic ceramics include ferroelectric, piezoceramics, dielectric, and conductive. They are extensively used in electrical, optical, and magnetic applications. They consist of circuit devices and ferrite-based permanent magnets that produce an electrical charge when pressure is applied under an electric field. They offer improved wear and chemical resistance, increased strength, thermal and corrosion stability, and enhanced electrical conductivity. As a result, electronic ceramics find extensive applications across healthcare, telecommunication, electronic, and automotive industries.

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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Electronic Ceramics Market Trends and Drivers:

The global electronic ceramics market is primarily driven by the expanding aerospace industry. Besides this, the rising usage of electronic ceramics in sensors, lighting, high-intensity discharge lamps, light-emitting diodes (LEDs), laser lighting systems, and antenna components of unpowered gliders and sailplanes, unmanned aerial vehicles (UAVs), and lighter-than-air crafts has augmented the product demand. Moreover, the surging product adoption in numerous consumer goods, including cell phones, computers, and controllers, for voice transmission and signal reception is another major factor driving the market growth.

In addition, the launch of lightweight and high-performance electronic ceramics with excellent thermal shock resistance, toughness, hardness, chemical and wear resistance, and greater density is impelling the market growth. Furthermore, there has been rising usage of electronic ceramics in robotic surgical tools and diagnostic imaging that require precision functionality. Other factors, including the rising product demand from the automotive sector, favorable government initiatives to enhance broadband services in rural areas, and increasing reliance on smartphones and internet services, are also anticipated to propel the market growth.

Global Electronic Ceramics Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these top key players include:

• 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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The report has segmented the market on the basis of region, material, application and end user.

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

Breakup by Region:

• 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

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Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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