Registering a CAGR of 4.89% over the forecast period, the global market size of electronics and electrical ceramics is anticipated to reach the market value of US$ 11.98 billion in the year 2021.
Electronics and electrical ceramics, consumer appliances are expected to remain the dominant application area for these ceramics. These are primarily used in electronic substrates and spark plug insulators, attributed to excellent electric and mechanical properties. Furthermore, as the global electronics industry expands, demand for smartphones, tablets, laptops, portable computing systems and gaming devices are augmenting production of advanced ceramics, thus widening expansion prospects in forthcoming years.
Industry News:
2021.08.12 Samsung Electro-Mechanics announced that it has developed two types of automotive MLCCs that go in the Advanced Drive Assist System (ADAS), an essential safe driving system for autonomous vehicles.The Multi-Layer Ceramic Capacitor (MLCC) is a core component in electronic devices that controls the stable flow of current within the circuits of electronic products and is essential for smartphones, home appliances, and automobiles.
Top Key players in the Electronics & Electrical Ceramics Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Electronics & Electrical Ceramics Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Kyocera Corporation (Other OTC:KYOCY), Murata Manufacturing Co., Ltd. (Other OTC:MRAAY), Taiyo Yuden Co., Ltd. (Tokyo:6976.T), Samsung Electro-Mechanics (SEMCO), TDK Corporation (Other OTC :TTDKY), NGK Insulators, Ltd. (Tokyo:5333.T), CeramTec, Chaozhou Three-Circle (Group) Co.,Ltd. (Shenzhen :300408.SZ), Guangdong Fenghua Advanced Technology Holding, Morgan Advanced Materials and others.
Electronics & Electrical Ceramics Market is segmented based on the type, applications, companies and regions.
By Type, Electronics & Electrical Ceramics Market has been segmented into
The end user’s industry application on Electronics & Electrical Ceramics Market is,
The Asia Pacific region holds the most significant share of the Electronics Ceramics & Electrical Ceramics Market, in terms of usage and volume. The regional advantages offered in this region, as the ease of company setup, cheap resources, and an outsized number of the skilled population, are the main reasons for the fast-emerging industries during this region, hence the region’s position within the electrical ceramics and electronic ceramics market. Also, the fast-developing economies like India, Japan, and China are the most reason for the developing regional market. These reasons make this region the fastest growing regional market within the proposed forecast period. North America is next within the Electronics Ceramics & Electrical Ceramics Market lead in terms of volume and value. The key market players in this region with well-established infrastructure are the main reason for its market position. This region is that the third fastest-growing region within the market, following the Asia Pacific.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.89% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Kyocera Corporation (Other OTC:KYOCY), Murata Manufacturing Co., Ltd. (Other OTC:MRAAY), Taiyo Yuden Co., Ltd. (Tokyo:6976.T), Samsung Electro-Mechanics (SEMCO), TDK Corporation (Other OTC :TTDKY), NGK Insulators, Ltd. (Tokyo:5333.T), CeramTec, Chaozhou Three-Circle (Group) Co.,Ltd. (Shenzhen :300408.SZ), Guangdong Fenghua Advanced Technology Holding, Morgan Advanced Materials and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 91 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Electronics & Electrical Ceramics Market is studied from 2017 - 2027.
What is the growth rate of Electronics & Electrical Ceramics Market?
The Electronics & Electrical Ceramics Market is growing at a CAGR of 4.89% over the next 5 years.
Who are the leading key players in Electronics & Electrical Ceramics Market?
Kyocera Corporation (Other OTC:KYOCY), Murata Manufacturing Co., Ltd. (Other OTC:MRAAY), Taiyo Yuden Co., Ltd. (Tokyo:6976.T), Samsung Electro-Mechanics (SEMCO), TDK Corporation (Other OTC :TTDKY), NGK Insulators, Ltd. (Tokyo:5333.T), CeramTec, Chaozhou Three-Circle (Group) Co.,Ltd. (Shenzhen :300408.SZ), Guangdong Fenghua Advanced Technology Holding, Morgan Advanced Materials and others.
What regions regions does this Electronics & Electrical Ceramics Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Electronics & Electrical Ceramics Market?
Multilayer Ceramic Capacitor (MLCC), Dielectric Ceramics, Ceramic Substrates, Ceramic Packing, Others
What are the significant Applications of Electronics & Electrical Ceramics Market?
Consumer Electronics, Home Appliances, Medical Devices, Power Grids and Energy, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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