Title: Electronic Ceramics Market by Products, Applications & Regional Growth by 2019-2025
1 Electronic Ceramics Market Growth Outlook with
Industry Review and Forecast 2019-2025
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2Global Market Scenario of Electronic Ceramics
Industry
- Dynamic growth in telecommunication sector will
be an instrumental factor for the electronic
ceramics market growth in near future. The
product is widely used as semiconductors,
superconductors, and capacitors in various
telecommunication devices. It is also used in
antennas of cellphones as it can be easily laser
trimmed to give optimal frequency response. - On the basis of product ferroelectric ceramics
will exhibit an annual growth rate of about 3
from 2018 to 2025. Ferroelectric materials are
used in capacitors that have application in
manufacturing RAM. These are used for storing
data which can easily be read by applying
electric field. Besides this, it is also used in
camera flashes. Soaring demand of cellphones and
personal computers will result in the product
market growth over the forecast time period. - The product is used as circuit carriers, core
materials, substrates, sensors, actuators in
various home appliances. Increasing population
along with improving standard of living will
escalate the demand of home appliance consumer
electronics in coming years. These trends will
catapult the electronic ceramics market in coming
years.
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3Continue-
- Rapid growth in healthcare sector of North
America driven by increasing RD activities in
order to develop robust diagnostic and treatment
systems for treatment of chronic diseases is
contributing towards growth of electronic
ceramics market in coming years. In medical
imaging devices such as MRI and CT scanning
equipment, the product is used as filaments and
high voltage insulators. It is also used as
components of anode, cathode vacuum tubes in
x-ray machines and various other medical
analytical equipment. - In 2015, healthcare spending in North America was
USD 3.3 trillion and will likely reach USD 4
trillion by 2020. U.S. almost spend 16.9 of its
GDP on healthcare sector, which is the highest in
the world. Aging population will increase by 8
and will reach 604 million by 2020, which will
subsequently boost healthcare sector propelling
the product demand over the forecast timespan.
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5360 Industry Analysis
- Asia Pacific is biggest consumer base for the
telecommunication industry. There were almost 2.7
million mobile subscribers in 2016 which is two
third of the total population in the region.
India alone has attracted the FDI inflow of USD
30 billion from 200 to 2017 for telecommunication
industry growth. Increasing real income along
with initiatives taken by government of emerging
economies to boost domestic manufacturing will
bolster the electronic ceramics market demand in
coming years. - North America holds about 20 of the global
electronic ceramics market. This is due the
prevalence of all end-user sectors including
healthcare, automotive transportation, home
appliances, and consumer electronics. Initiatives
taken by new administration in the region to
boost domestic manufacturing will augment the
product demand in near future. -
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6- Competitive Analysis
- Key major players in electronic ceramics market
are CeramTech Holdings Gmbh, Maruwa Co.Ltd., APC
International Ltd., Central Electronics Limited,
Kyocera Corporation, Morgan Advanced Materials,
Sparkler Ceramics Pvt. Ltd, Sensor Technology
Ltd., Murata Manufacturing Co.Ltd., Vinayak
Techno Ceramics and PI Ceramics.
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