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Electronic Ceramics Market Size

  • Report ID: GMI2876
  • Published Date: Nov 2022
  • Report Format: PDF
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Electronic Ceramics Market Size

Electronic Ceramics Market size was valued at over USD 10 billion in 2022 and is anticipated to record significant growth at more than 7% CAGR through the forecast period from 2023 to 2032 primarily driven by the growing telecommunications industry.

 

electronic ceramics market outlook

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Telecommunications business is growing rapidly on account of favorable government policies that are aiding the development of suitable infrastructure and providing inexpensive communication and internet services in emerging economies. Furthermore, the growing preference for electronic ceramics in the globally expanding electronics industry due to their distinct physical properties and the emergence of new technologies is expected to bolster product demand.
 

Electronic Ceramics Market Report Attributes
Report Attribute Details
Base Year:2022
Electronic Ceramics Market Size in 2022:10 Billion (USD)
Forecast Period:2023 to 2032
Forecast Period 2023 to 2032 CAGR:7%
2032 Value Projection:20 Billion (USD)
Historical Data for:2018 to 2021
No. of Pages:350
Tables, Charts & Figures:360
Segments covered:Product, End-user, and Region
Growth Drivers:
  • Growth in the telecommunication sector
  • Growing demand from end-use markets
  • Stimulating product demand due to the emergence of new technologies
  • Rising application of electronic ceramics in medical devices
  • Development of low production cost technologies
Pitfalls & Challenges:
  • Adverse environmental and health impacts associated with the product
  • High capital investment associated with the product manufacturing
  • High cost of raw material
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Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

Electronic Ceramics Industry recorded over USD 10 billion in 2022 and is set to record growth at over 7% CAGR through 2032 owing to the growing telecommunications industry.

Piezoelectric ceramics are gaining traction owing to their wide range of features, including the direct piezoelectric effect, inverse piezoelectric effect, and intrinsic vibration, which has accelerated their adoption in several sectors. The segment is estimated to reach a valuation of over USD 10 billion by the end of the projected timeline.

APAC region held a 60% share of the electronics ceramics market in 2022 and is expected to witness sizable growth by 2032 on account of rising disposable income and favorable government initiatives to boost electronics production in the Asia Pacific area.

Electronic ceramics market includes prominent companies, such as CeramTec Holding GmbH, Morgan Advanced Materials, Maruwa Co., Ltd., Central Electronics Limited, Kyocera Corporation, Murata Manufacturing Co., Ltd., and APC International, Ltd., among others.

Electronic Ceramics Market Scope

  • Electronic Ceramics Market Size
  • Electronic Ceramics Market Analysis
  • Electronic Ceramics Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 11
    • Tables & Figures: 360
    • Countries covered: 21
    • Pages: 350
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