The electronics and electrical ceramics market size has the potential to grow by USD 2.94 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.07%.
This report provides a detailed analysis of the market by application (home appliances, consumer electronics, power grids and energy, medical devices, and others), product (monolithic ceramics, ceramics matrix composites, ceramic coating, multilayer ceramics, and ceramic packaging), geography (APAC, Europe, MEA, North America, and South America), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- 3M Co.
- CeramTec TopCo GmbH
- CoorsTek Inc.
- KYOCERA Corp.
- Morgan Advanced Materials Plc
- Murata Manufacturing Co. Ltd.
- Samsung Electronics Co. Ltd.
- SCHOTT AG
- TAIYO YUDEN Mobile Technology Co. Ltd.
- TDK Corp.
The electronics and electrical ceramics market is fragmented and the vendors are deploying growth strategies such as focusing on lower pricing strategies and strengthening their presence in local markets to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as the increasing use of ceramics for energy storage to achieve growth opportunities. However, factors such as issues in the adoption of recyclability and reparability will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the electronics and electrical ceramics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This electronics and electrical ceramics market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
Electronics and Electrical Ceramics Market: Key Drivers and Trends
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Electronics and Electrical Ceramics Market: Segmentation by Geography
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51% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for electronics and electrical ceramics in APAC. Market growth in APAC will be faster than the growth of the market in other regions.
The rise in end-user applications such as electronics, automotive, medical, and military and defense will facilitate the electronics and electrical ceramics market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Electronics and Electrical Ceramics Market: Segmentation by Application
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Electronic and electrical ceramics have a wide range of applications in home appliances due to their superior properties such as high resistivity, good mechanical strength, thermal shock resistance, thermal conductivity, corrosion resistance, and the ability to produce ultrahigh-vacuum-capable joints with metals. These properties have attracted home appliance manufacturers to replace their packaging materials with ceramics, especially for high-temperature appliances. However, the electronics and electrical ceramics market share growth by the home appliances segment will be slower than the consumer electronics and medical devices segments.
The post COVID-19 impact has brought forth a slowdown in the home appliances segment due to low production and sales of home appliances during lockdowns imposed by governments. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the electronics and electrical ceramics market size.
Electronics and Electrical Ceramics Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive electronics and electrical ceramics market growth during the next five years
- Precise estimation of the electronics and electrical ceramics market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the electronics and electrical ceramics industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of electronics and electrical ceramics market vendors
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