Press release
Global Automotive Ceramics Market Key Drivers & On-Going Trends 2020-2027 | Kyocera, Ceramtec, NGK, Spark Plug, Coorstek, Morgan Advanced Materials, Saint-Gobain Ceramics Materials, Ibiden, Ceradyne, Corning
Businesses can attain unparalleled and comprehensive insights along with the best acquaintance of the emerging market opportunities with this Global Automotive Ceramics Market research report. By understanding client’s requirements precisely, this report brings together business and product information for the sustainable growth in the market. This report is structured with the meticulous efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters. Two of the major tools of market analysis employed are SWOT analysis and Porter’s Five Forces Analysis. The large scale Global Automotive Ceramics Market report is generated with a nice combination of advanced industry insights, practical solutions, talent solutions and the use of latest technology which gives an excellent user experience.
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Market Definition: Global Automotive Ceramics Market
Advanced ceramics materials are used in automotive designs when the demand of a robust and reliable material rises. The thermal and electrical property of ceramic materials allows them to be a part of assortment of sensors, mechanical seals, artistic course and valves. Ceramics are cost-efficient than metals and more durable than plastic and can be found throughout the automotive sector. According to an article published by International Trade Administration, in the year 2016, the U.S. light vehicle production reached to almost USD 12.00 million and the sales of light vehicle reached approximately to USD 17.5 million.
According to International Energy Agency (IEA), in 2016, registrations for electric cars have hit a new record of over 750 thousand sales worldwide, with a market share of 29.0%. The market share of electric car of France, China and U.K. is around 1.5%. The demand for the light weighted automobile is increasing across the globe which will in return increase the demand for automotive ceramics market.
Market Analysis: Global Automotive Ceramics Market
The Global Automotive Ceramics Market is expected to reach USD 2.35 billion by 2025, from USD 1.62 billion in 2017 growing at a CAGR of 5.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Drivers:
Exceptional properties of automotive ceramics
Increased use as an alternative to metals and plastics
Stringent gas emission regulations worldwide
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Market Restraint:
Higher cost than their metal and alloy counterparts
Need for customization for specific applications
Competitive Landscape: Global Automotive Ceramics Market
The global automotive ceramics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive ceramics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Automotive Ceramics Market
The key players operating in the global automotive ceramics market are –
Kyocera
Ceramtec
NGK Spark Plug
Coorstek
Morgan Advanced Materials
The other players in the market are Saint-Gobain Ceramics Materials, Ibiden, Ceradyne, Corning, Elan Technology, Mcdanel Advanced Ceramic Technologies, Dyson Technical Ceramics, Almatis, International Syalons (Newcastle) Limited, PPG, Inmatec Technologies GmbH, Blasch Automotive Ceramics, Inc., Baikowski Sas, Applied Ceramics, Inc., Ortech Advanced Ceramics, Anoop Ceramics, Vinayak Techno Ceramics, Khyati Ceramics, Advanced Ceramics Manufacturing, American Elements and many more.
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Segmentation: Global Automotive Ceramics Market
By Material
By Application
By Geography
Research Methodology: Global Automotive Ceramics Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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