Press release
Electronic Ceramics Market: Soaring to $12.74 Billion by 2025; Pushed by Consumer Electronics Growth and 5G Tech Deployment
"Rapid Expansion of Consumer Electronics and Telecommunications Fuelling Strong Growth In Global Electronic Ceramics Market
What Is The Projected Market Size Of The Global Electronic Ceramics Market And Its Growth Rate?
The global electronic ceramics market has shown robust growth in recent years and is projected to continue expanding:
• Rising from $12.01 billion in 2024 to $12.74 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%.
• Expected to reach $15.78 billion by 2029 at a CAGR of 5.5%.
Driving forces include technological advancements, the deployment of 5G technology, the integration of IoT and sensors, the expansion of electric vehicles, and emerging memory technologies.
What Is Driving The Growth In The Electronic Ceramics Market?
The expansion of the automobile sector is a key driver for the electronic ceramics market. Government support has allowed this sector to grow, which in turn increases the production of auto components and electrical ceramics used in automobiles. For example, according to a 2022 analysis by the India Brand Equity Foundation, the market for auto components in India increased by 25% during the first half of 2021-22. As a result, the rising demand for auto components drives the electronic ceramics market.
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Who Are the Key Players Driving Electronic Ceramics Market Growth?
Key companies operating in the electronic ceramics market include:
• Maruwa Co. Ltd.
• Kyocera Corporation
• CeramTec GmbH
• Morgan Advanced Materials plc
• Murata Manufacturing Co. Ltd.
• CoorsTek Inc.
• Compagnie de Saint-Gobain SA
• NGK Insulators Ltd.
What Are The Key Trends In The Electronic Ceramics Market?
Trends shaping the electronic ceramics market include:
• Technological advancements
• IoT sensor technologies
• Emerging memory technologies
• Use of bioceramics in medical devices
• Quantum computing
What Are The Segments Of The Global Electronic Ceramics Market?
The global electronic ceramics market is divided into:
1. By Product Type: Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings
2. By Application: Capacitors, Data Storage Devices, Optoelectronic Devices, Actuators & Sensors, Power Distribution Devices
3. By End User: Electronics, Automobile, Medical, Aerospace & Defense
Which Region Leads The Electronic Ceramics Market?
Asia-Pacific was the largest region in the electronic ceramics market in 2024 and is expected to be the fastest-growing region. Other regions covered in the report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Electronic Ceramics Market Global Market Report?
- Market Size Analysis: Analyze the Electronic Ceramics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Electronic Ceramics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Electronic Ceramics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Electronic Ceramics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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