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Electronics Ceramics & Electrical Ceramics Market by Material, Product, End-Use Industry, and Region - Global Forecast to 2021

Electronics Ceramics & Electrical Ceramics Market: Global Forecast until 2021

  • October 2016
  • 168 pages
  • ID: 4214595
In this report:
The market size in the medical devices end-use industry of Mexico was estimated at USD ##.## million in 2015 and is projected to reach USD ##.## million by 2021, registering a CAGR of ##.##% between 2016 and 2021.
Monolithic ceramics application in mobile phones and medical devices end-use industries is increasing which is expected to witness a CAGR of ##.##% between 2016 and 2021 in terms of value.

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"Growing demand for electronics ceramics & electrical ceramics in medical devices end-use sector is a prime factor for the increase ot the overall electronics ceramics & electrical ceramics market"

The overall electronics ceramics & electrical ceramics market size (2016-2021) is forecasted to reach ~$12.0B by 2021 at a Compound annual growth rate of ~4.9 percent. The industry demand for electronics ceramics & electrical ceramics is growing due to increased usage in the manufacture of medical devices. With the increasing home appliances market, the raised demand for high temperature stability, low thermal expansion, and durable products drives the industry for electronics ceramics & electrical ceramics. The main restraint for electronics ceramics & electrical ceramics market is its higher cost in comparison to other metals and alloys.

"Home appliances: the most important end-use sector of electronics ceramics & electrical ceramics"

Electronics ceramics & electrical ceramics are used in different end-use industries including home appliances, power grids, medical devices, mobile phone, and others. In 2015, the home appliances segment recorded for the largest portion of market share among all the end-use sectors, in terms of value as well as volume, succeeded by power grids, medical devices, and mobile phones. Among all the applications, the medical devices end-use market is projected to register the highest compound annual growth rate (CAGR) between 2016 and 2021, in terms of value as well as volume. This demand is further driven by the increasing need for technologically advanced electronic equipment for domestic usage.

"Increasing demand in the Asia-Pacific region due to the increasing living standards is the main driver for the overall electronics ceramics & electrical ceramics market"

In 2015, the Asia-Pac region is forecasted to have accounted for the largest part of market share, in terms of value as well as volume, and this forecast is anticipated to continue during the outlook period. Higher living standards in this area are creating a shift in demand towards more technologically advanced and innovative electronic home appliances that provide greater living comfort. This increase is further supported by the increasing medical devices sector in the Asia Pacific (APAC) area due to the increased governmental investments in the health market. China (CN) recorded for the biggest market share in this region due to the increased demand for home appliances over the last couple of years. Other emerging economies, including India and Brazil (BR), are the industries which are expected to grow quickly.

In the plan to determine and verify the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were performed.

The breakdown of primary interviews is presented below.

- By Company Type - Tier 1 - 33.0 percent, Tier 2 - 60.0 percent, and Others - 7.0 percent

- By Description - C-suite - 56.0 percent, D-level - 33.0 percent, and Others - 11.0 percent

- By area - North america (NA) - 13.0 percent, Europe - 47.0 percent, Asia-Pacific - 20.0 percent, the Middle East & Africa - 13.0 percent, and South America - 7.0 percent

The main companies decribed in this research report are Ceram Tec GmbH, Kyocera Corporation, Morgan Advanced Materials plc., Murata Manufacturing Co., Limited, McDanel Advanced Ceramic Technologies, Ceradyne, Incorporated (3M Company), Rauschert Steinbach GmbH, ENrG Inc., Mantec Technical Ceramics Ltd., NGK Spark Plug Co., Limited, and other local actors.

Segment Research

This market research classifies the overall electronics ceramics & electrical ceramics market based on material type, product class, end-use sector, and area.

- North america (NA)

- Middle East & Africa

- South America

The sector is further analyzed for the top countries in each of these regions.

Why acquiring this study can help you

The market research will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the overall electronics ceramics & electrical ceramics market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across the distinct verticals and localities.

2. It will facilitate partners to apprehend the pulse of the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

3. It will facilitate partners to comprehend players and obtain additional insights to better their rank in the business sector. The competitive outlook section includes new industry product developments, alliances, and mergers & acquisitions.

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