Automotive Ceramics Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2030)


Posted January 25, 2024 by mansi3210

The global automotive ceramics market is estimated to grow at a CAGR of 5.5% during the forecast period.

 
The global automotive ceramics market is estimated to grow at a CAGR of 5.5% during the forecast period. Significant demand for passenger vehicles and superior properties associated with ceramic materials are some pivotal factors encouraging the growth of the market. In December 2019, the EU passenger car demand increased 21.7% owing to the surge in the car sales in France (21.7%) and Sweden (109.3%), as per the European Automobile Manufacturers' Association. In 2019, new passenger car registrations increased by 1.2% across the EU. Europe is renowned for vehicle production across the globe. Therefore, the region contributes to the adoption of technical and advanced ceramics for use in automotive applications.

Advanced ceramics materials are integrated into automotive designs while challenging conditions need a material that is reliable and robust. Ceramic materials hold thermal and electrical properties that support its applications in a range of sensors, ceramic bearings, mechanical seals, and valves. In addition, ceramics are more cost-efficient compared to metal and more durable compared to plastic. These features make it beneficial for use in the automotive industry, as developments in car manufacturing need higher complexity in automotive components. Owing to these properties, advanced ceramic materials have crucial importance in enhancing safety, cost-effectiveness, and comfort in automotive and vehicle engineering.

For electronic controls, piezo-ceramic components work as sensors and deliver information regarding quiet engine operation, position, and changes in the direction of vehicles. Based on ceramic substrates, electronic components respond to this information and control safety systems including the anti-lock braking system (ABS) and anti-slip regulation (ASR). It enables to regulate motor management and release the airbag when required. In engines, heat-resistant ceramic parts such as components for water and fuel pumps, valve components, and backings in the crankshaft housing ensure enhanced efficiency, lower noise emission, and less wear. New possibilities have emerged with the use of ceramic-metal composites in light metal construction. For instance, xenon or LED light systems, modern halogen, with ceramic components considerably improve visibility. Emerging demand for electric vehicles and rising focus on autonomous vehicles are expected to offer an opportunity for market growth.

To Request a Sample of our Report on Automotive Ceramics Market:  https://www.omrglobal.com/request-sample/automotive-ceramics-market

Automotive Ceramics Market Segmentation

By Material 

Alumina Oxide Ceramics
Zirconia Oxide Ceramics
Others

By Application

Automotive Engine Parts
Automotive Electronics
Automotive Exhaust Systems
Others

A full Report of Automotive Ceramics Market is Available @  https://www.omrglobal.com/industry-reports/automotive-ceramics-market

Regional Analysis

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles

3M Co.
Applied Ceramics, Inc.
Blasch Precision Ceramics, Inc.
Ceramdis GmbH
CeramTec GmbH
Compagnie de Saint-Gobain S.A.
CoorsTek, Inc.
Corning, Inc.
Dyson Technical Ceramics, Ltd.
Elan Technology, Inc. (ET)
Ibiden Co., Ltd.
INMATEC Technologies GmbH
International Syalons (Newcastle), Ltd.
Kyocera Corp.
McDanel Advanced Ceramic Technologies, LLC
Morgan Advanced Materials plc
Murugappa Morgan Thermal Ceramics, Ltd.
NGK Spark Plug Co., Ltd.
Ortech, Inc.
Rauschert GmbH
Vinayak Techno Ceramics

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Last Updated January 25, 2024