Electroceramics - Global Market Insight & Projections (2013-2019 & 2023) by Type, Material, Application and Geography - ResearchAndMarkets.com

The "Electroceramics Market (2013-2023)" report has been added to ResearchAndMarkets.com's offering.

As per this research, the electroceramics market is expected to value $12,084.4 million by 2023.

The market growth will primarily be driven by the high demand for such materials from the semiconductor and electronics, medical, and automotive industries.

Material, application, type, and region are the four aspects on the basis of which the market has been segmented in the report. Conductive ceramics, dielectric ceramics, magnetic ceramics, piezoelectric ceramics, and others (ferroelectric and fast ion ceramics) are the various categories within the type segment. Among all these, dielectric ceramics held the largest electroceramics market share during the historical period, due to their adoption in industrial and consumer devices and components.

When segmented on the basis of material, the electroceramics market categories are zirconate, alumina, titanate, and others (niobite, silicate, and stannate). In 2017, the aluminia category held the largest revenue share (of over 40%) in the market. The substantial heat and wear resistance, adequate hardness, optimum electrical insulation at high temperatures, and better thermal conductivity of these electroceramics made them a preferred choice among end users across the world.

Data storage devices, capacitors, power distribution devices, actuators and sensors, optoelectronic devices, and others are the various application areas of electroceramics. During the historical period, capacitors made the largest revenue contribution to the electroceramics market, as these are integral components of electronic circuits. Capacitors restrict direct current and allow alternating current to flow in addition to maintaining the power transmission in the circuit. Thus, a rise in the production of capacitors drove the demand for electroceramics historically.

During the forecast period, the electroceramics market will witness the fastest growth in Asia-Pacific (APAC), advancing at a CAGR of 7.1%, due to the growing demand for these ceramics from automotive, medical equipment, and consumer electronics manufacturing firms. Within APAC, consumer electronics are majorly manufactured in Japan, China, South Korea, India, and Taiwan.

China fulfils the worldwide demand for electronics with its large-scale production of information and communication technology (ICT) equipment, for which consumer electronics, electronic components, computers and peripheral equipment, and communication equipment need to be manufactured.

All these products have data storage devices and capacitors as critical components. Since electroceramics are widely used to manufacture capacitors and data storage devices, a rise in the demand for these as a result of the expanding electronics industry will take the electroceramics market forward.

Seeing the growth potential, major market players, including CoorsTek Inc., Kyocera Corporation, Morgan Advanced Materials plc, CeramTec GmbH, APC International Ltd., Maruwa Co. Ltd., Sensor Technology Limited, PI Ceramic GmbH, Central Electronics Limited, and Murata Manufacturing Co. Ltd., are taking strategic measures to increase their market share.

For instance, CeramTec GmbH acquired the electroceramics business of Morgan Advanced Materials plc in March 2017. The $60.2 million acquisition helped CeramTec enhance its technological capabilities to expand its dielectric and piezoelectric ceramics portfolio.

Key Topics Covered

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Type

1.3.2 Market Segmentation by Material

1.3.3 Market Segmentation by Application

1.3.4 Market Segmentation by Geography

1.3.5 Analysis Period

1.3.6 Market Data Reporting Unit Value Volume

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents By region By industry participant By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Type Dielectric ceramics Conductive ceramics Piezoelectric ceramics Magnetic ceramics Others

4.1.2 By Material Titanate Zirconate Alumina Others

4.1.3 By Application Capacitors Data storage devices Optoelectronic devices Actuators and sensors Power distribution devices Others

4.2 Value Chain Analysis

4.3 Market Dynamics

4.3.1 Trends Transition toward high-volume storage and high-speed data transfer

4.3.2 Drivers Growth in semiconductor and electronics industry Growth in automotive industry and demand for electroceramics in automotive components and devices Growth in medical industry and demand for electroceramics in sensors and implants

4.3.3 Impact analysis of drivers on market forecast

4.3.4 Restraints High cost and other drawbacks of thin film deposition of electroceramics

4.3.5 Opportunities Advancements in the fabrication technology and widespread adoption of IoT

4.4 Domestic Price Analysis

4.4.1 North America

4.4.2 Europe

4.4.3 APAC

4.4.4 LATAM

4.4.5 MEA

Chapter 5. Global Market Size and Forecast

5.1 By Type

5.2 By Material

5.3 By Application

5.4 By Region

Chapter 6. North America Market Size and Forecast

Chapter 7. Europe Market Size and Forecast

Chapter 8. APAC Market Size and Forecast

Chapter 9. LATAM Market Size and Forecast

Chapter 10. MEA Market Size and Forecast

Chapter 11. Competitive Landscape

11.1 Market Share Analysis of Key Players

11.2 Competitive Benchmarking of Key Players

11.3 Global Strategic Developments of Key Players

11.3.1 Mergers and Acquisitions

11.3.2 Product Launches

11.3.3 Facility Expansions

11.3.4 Other Developments

Chapter 12. Company Profiles

12.1 Morgan Advanced Materials PLC

12.1.1 Business Overview

12.1.2 Product and Service Offerings

12.1.3 Key Financial Summary

12.2 CeramTec GmbH

12.3 Kyocera Corporation

12.4 Murata Manufacturing Co. Ltd.

12.5 APC International Ltd.

12.6 CoorsTek Inc.

12.7 PI Ceramic GmbH

12.8 Maruwa Co. Ltd.

12.9 Central Electronics Limited

12.10 Sensor Technology Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/6sstwb/electroceramics?w=4