Asia Pacific Electronic ceramics market revenue to cross US$6 bn 2025
Jan 7, 2019
Global electronic ceramics market from ferroelectric products will grow with 4% CAGR from 2018-2025 owing to the ability to be used in non-volatile data storage applications, which means the data stored in these materials will remain even if the power is lost.
Selbyville, United States - January 7, 2019 /MarketersMedia/ —
Asia Pacific electronic ceramics market will witness a growth rate of about 5% with revenue reaching beyond USD 6 billion by 2025. Significant increase in the purchasing capacity of the regional population will spur the demand for consumer electronics and home appliances, thus catapulting the product demand in the region.
Piezoelectric ceramics will witness a growth rate of about 5% over the forecast time period. The product shows piezoelectric effect which means on the application of mechanical stress it produces electric signals. Various devices such as power transformers, sensors, ultrasound imaging, actuators are made using this effect either directly or conversely.
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Electronic Ceramics Market Size will surpass USD 15 billion by 2025. Surge in telecommunication sector will be another key causative factor for the electronic ceramics market growth. Electroceramics are easily laser trimmed to be used in antenna chips of mobile phones, automobiles, and various other industrial and consumer electronic products. Large cellular phone consumer base in Asia Pacific has resulted in huge investments done by leading players in the telecommunication sector.
Based on revenue, automotive and transportation sector shows a considerable growth in the end-user segment of electronic ceramics market with a CAGR of more than 4% from 2018 to 2025.The product is used in parking sensors, airbag sensors, actuators and in the fuel injectors of the diesel engines as replacement of conventionally used solenoid valve devices. Growing population along with improving standard of living will result in the growth of the automobile sector, thus driving product demand in coming years.
North America holds about 20% of the global electroceramics market. This is due the prevalence of all end-user sectors including healthcare, automotive & transportation, home appliances, and consumer electronics. Initiatives taken by new administration in the region to boost domestic manufacturing will augment the product demand in near future.
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Dynamic growth in European healthcare sector due to increasing number of aging population and advent of chronic diseases is one of the crucial factors constituting to the regional electronic ceramics market growth. Electronic ceramics, also called electroceramics, are used in various laboratory analytical apparatus, x-ray equipment and also employed in photomultipliers of various medical imaging systems to create 3D images.
Some of the key players of electronic ceramics market are APC International Ltd., Morgan Advanced Materials, Kyocera Corporation, CeramTech Holdings Gmbh, Central Electronics Limited, Maruwa Co.Ltd., Sensor Technology Ltd., PI Ceramics, Murata Manufacturing Co.Ltd., Sparkler Ceramics Pvt. Ltd, and Vinayak Techno Ceramics.
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Partial Chapter from the Table of Contents (TOC):
Chapter 2. Executive Summary
2.1. Electronic ceramics market 360 degree synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Electronic Ceramics Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Profit margin analysis
3.3.3. Value addition at each stage
3.3.4. Distributor channel analysis
3.3.5. Vendor matrix
3.3.5.1. List of key manufacturers/supplier
3.3.5.2. List of key/potential customers
3.3.5.3. List of key raw material suppliers
3.4. Innovation & sustainability
3.4.1. Patent analysis
3.4.2. Technology landscape
3.4.3. Future trends
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.1.1. Global
3.5.1.1.1. Growth in telecommunication sector
3.5.1.1.2. Significant rise in automotive sector
3.5.1.2. Regional
3.5.1.2.1. Increasing consumer electronics demand in Asia Pacific
3.5.1.2.2. Upsurge in healthcare sector in North America
3.5.2. Industry pitfalls & challenges
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Growth potential analysis
3.8. Competitive landscape, 2017
3.8.1. Company market share, 2017
3.8.2. Strategy dashboard
3.9. Porter’s analysis
3.9.1. Supplier power
3.9.2. Buyer power
3.9.3. Threat of new entrants
3.9.4. Threat of substitutes
3.9.5. Industry rivalry
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.1.1. R&D cost
3.10.1.2. Manufacturing & equipment cost
3.10.1.3. Raw material cost
3.10.1.4. Distribution cost
3.10.1.5. Operating cost
3.10.1.6. Miscellaneous cost
3.10.2. Price by product
3.10.3. Price by end-user
3.11. PESTEL analysis
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/electronic-ceramics-market
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