Electrical Ceramics Market Size to Register 4.89% CAGR During Forecast Period


Posted October 5, 2016 by Priyasharma

Electronics Ceramics & Electrical Ceramics Market size (2016–2021) is estimated to reach USD 11.98 billion by 2021 at a CAGR of 4.89%.

 
The demand for electronics ceramics & electrical ceramics is increasing due to increased usage in the manufacture of medical devices. With the growing home appliances industry, the increased demand for high temperature stability, low thermal expansion, and durable products drives the market for electronics ceramics & electrical ceramics. The major restraint for electronics ceramics & electrical ceramics market is its higher cost in comparison to other metals and alloys.

Complete report on Electronics Ceramics & Electrical Ceramics Market spread across 169 pages, profiling 10 companies and supported with 141 tables and 66 figures is now available at
http://www.rnrmarketresearch.com/electronics-ceramics-electrical-ceramics-market-by-material-alumina-silica-zirconia-product-monolithic-ceramics-ceramic-matrix-composites-end-use-industry-home-appliances-power-grids-medical-devices-st-to-2021-market-report.html
Electronics ceramics & electrical ceramics are used in various end-use industries such as home appliances, power grids, medical devices, mobile phone, and others. In 2015, the home appliances segment accounted for the largest market share among all the end-use industries, in terms of value as well as volume, followed by power grids, medical devices, and mobile phones. Among all the applications, the medical devices end-use industry is estimated to register the highest CAGR between 2016 and 2021, in terms of value as well as volume. This demand is further driven by the growing need for technologically advanced electronic equipment for domestic usage.
In 2015, the Asia-Pacific region is estimated to have accounted for the largest market share, in terms of value as well as volume, and this trend is expected to continue during the forecast period. Higher living standards in this region are creating a shift in demand towards more technologically advanced and innovative electronic home appliances that provide greater living comfort. This growth is further supported by the growing medical devices industry in the Asia-Pacific region due to the increased governmental investments in the health sector. China accounted for the largest market share in this region due to the increased demand for home appliances over the last couple of years. Other emerging economies, such as India and Brazil, are the markets which are projected to grow rapidly.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (33%); Tier 2 (60%) and others (7%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (56%), Directors Level (33%) and other (11%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (13%), Europe (47%), Asia-Pacific (20%), the Middle East & Africa (13%), and South America (7%).

The key companies profiled in this market research report are Ceram Tec GmbH (Germany), Kyocera Corporation (Japan), Morgan Advanced Materials plc. (U.K.), Murata Manufacturing Co., Ltd. (Japan), McDanel Advanced Ceramic Technologies (U.S.), Ceradyne, Inc. (3M Company) (U.S.), Rauschert Steinbach GmbH (Germany), ENrG Inc. (U.S.), Mantec Technical Ceramics Ltd. (U.K.), NGK Spark Plug Co., Ltd. (Japan), and other local players.

Ask for a discount before order a copy of Electronics Ceramics & Electrical Ceramics Market by Material (Alumina, Silica, Zirconia), Product (Monolithic Ceramics, Ceramic Matrix Composites), End-Use Industry (Home Appliances, Power Grids, Medical Devices), and Region - Global Forecast to 2021 at http://www.rnrmarketresearch.com/contacts/discount?rname=708350
On a related note, another research titled with Technical Ceramics Market by Material (Oxide, Non-oxide), Product (Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings), End-Use Industry (Electronics & Semiconductor, Automotive, Energy & Power, Medical, Others), and by Region - Global Forecast to 2021. The global technical ceramics market size (2016–2021) is estimated to reach USD 8.49 billion by 2021 at a CAGR of 6.43%. Now available at http://www.rnrmarketresearch.com/technical-ceramics-market-by-material-oxides-non-oxides-by-product-monolithic-ceramics-ceramic-matrix-composites-ceramic-coatings-others-by-end-user-industry-electronics-automotive-energy-market-report.html
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Issued By Priya
Country India
Categories Electronics
Tags electrical ceramics market
Last Updated October 5, 2016