What is Electrical Ceramics Market?
Electrical ceramics are the functional class of ceramics, wherein ceramic materials are designed to exhibit various electrical properties. It is developed to solve complex thermal runaway and fire protection challenges and unique electrical, optical and magnetic properties have become of increasing importance in many key technologies including communications, energy conversion and storage, electronics, and automation. The electrical ceramic material is gaining importance for various electronics and electrical applications due to its extreme hardness, electrical insulation, and relatively lightweight compared to other materials.
The market study is being classified by Type (Multilayer Ceramic Capacitor (MLCC), Dielectric Ceramics, Ceramic Substrates, Ceramic Packing and Others), by Application (Consumer Electronics, Home Appliances, Medical Devices, Power Grids and Energy and Others) and major geographies with country level break-up.
Ceramtec (Germany), Kyocera Corporation (Japan), Taiyo Yuden (Japan), TDK Corporation (Japan), Murata Manufacturing (Japan), Morgan Advanced Materials (United Kingdom), NGK Insulators (Japan), Samsung Group (South Korea), K-Tech Ceramics (India) and Orient Ceramics (India) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Japanese Manufacturers will contribute to the maximum growth of Global Electrical Ceramics market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Electrical Ceramics market by Type, Application and Region.
On the basis of geography, the market of Electrical Ceramics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Use of Electrical Ceramic Material for Electrical Purpose Due to Its Excellent Electrical Insulation and Lightweight
- Rapidly Increasing R&D Activities for New Innovative Products to Meet Engineering Demand
- Increasing Demand of Electrical Ceramics in Telecommunication Industry to Improve 5G Antenna Performance
- Increasing Price of Raw Materials May Hamper the Growth
Market Leaders and some development strategies
In February 2021, Superior Technical Ceramics (STC) announced the acquisition of IJ Research, a manufacturer specializing in ceramic to metal seals based in Santa Anna, California. IJ Research is a manufacturing company specializing in applications that include electrical feed-throughs and optoelectronic windows, along with various ceramic-to-metal seals and bonds. The acquisition will extend STC’s technical ceramic capabilities and enhance the ability to satisfy a more diverse spectrum of their customers' needs in terms of reliability, tolerance, and durability.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Electrical Ceramics Manufacturers, Suppliers and Distributors of Electrical Ceramics, Raw Material Suppliers & Distributors of Electrical Ceramics, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industry and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Electrical Ceramics Market?
"Increasing Use of Electrical Ceramic Material for Electrical Purpose Due to Its Excellent Electrical Insulation and Lightweight" is seen as one of major growth factors of Electrical Ceramics Market in years to come.
2. Can we have customized study for Electrical Ceramics Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Electrical Ceramics Market?
Japanese will lead Electrical Ceramics Market in coming years.