Electronics & Electrical Ceramics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Electronics & Electrical Ceramics Market Analysis
The market for electronics and electrical ceramics is expected to grow at a CAGR of more than 5% globally during the forecast period.
The increasing demand from consumer appliances and the upcoming power generation projects in the Asia-Pacific region is expected to drive the market during the forecast period.
However, the higher cost compared to other materials like metals and alloys and the outbreak of coronavirus across the globe are likely to hinder the growth of the studied market.
The research and development in innovative technologies and upcoming 5G technology are likely to provide opportunities for the electronics and electrical ceramics market over the next five years.
Asia-Pacific dominated the market across the globe with the largest consumption from countries such as China, South Korea, Japan, and India.
Electronics & Electrical Ceramics Market Trends
This section covers the major market trends shaping the Electronics & Electrical Ceramics Market according to our research experts:
Consumer Appliances Application to Dominate the Market
- Consumer appliances are expected to be the major application for these ceramics. It is used in electronic substrates and spark plug insulators owing to good electric and mechanical properties and resistance to corrosion and wear through which it is anticipated to provide a boost to the market growth.
- Ceramics such as zirconate titanate is the most widely used piezoelectric advanced ceramic material. It is chemically inert, physically strong, and less expensive. It possesses a unique range of properties with greater charge sensitivity, high operating temperature, higher di-electric stability, and fine grain structure with high density.
- Gradually, these electrical components, such as sensors, antennas, capacitors, and resistors, are getting smaller and more capable. Therefore, this is a major area of development for these ceramics used in the electrical and electronics industry.
- As the electronics industry is continuously making remarkable progress and development, the demand for advanced ceramics is growing, rapidly. The production of cellular phones, portable computing devices, gaming systems and other personal electronic devices will continue to spark the demand for semiconductors, capacitors and other advanced ceramics-containing electronic components.
- All the aforementioned factors are expected to drive the electronics and electrical ceramics market during the forecast period.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region is expected to dominate the market due to the established electrical and electronics industry in the region. Countries like China, Japan, India, South Korea, and Vietnam are the major countries that consume electronic and electrical ceramics in the region.
- China represents the world's largest electronics production base and offers a tough competition to existing upstream producers, like South Korea, Singapore, and Taiwan. Electronic products, such as smartphones, OLED TVs, tablets, and so on, have a major share in the market.
- The electronics industry in India is one of the largest and fastest-growing industries. Due to the rising labor costs, several manufacturers are relocating from China to India to meet domestic demand. In addition to this, government initiatives, such as Digital India, are stimulating the growth in the electronics manufacturing sector of the country. The main objective of this initiative is to ensure all the government services are accessible to citizens electronically.
- Japan has one of the major electrical and electronic industry in the world and is a main competitor to the United States, in terms of semiconductor manufacturing, and is home to Sony and Toshiba, which are global leading companies in the electronics industry. According to the Japan Electronics and Information Technology Industries Association (JEITA), production of display, server, storage equipment, electro-medical equipment, and electronic measuring equipment is increasing at a steady pace.
- Such established electronics industry base is expected to contribute to the demand for electronics and electrical ceramics market during the forecast period.
Electronics & Electrical Ceramics Industry Overview
The global electronics and electrical ceramics market is partially consolidated in nature. Some of the major companies are CeramTec, MARUWA Co., Ltd., CoorsTek Inc., SAMSUNG ELECTRO-MECHANICS and TDK Electronics AG amongst others.
Electronics & Electrical Ceramics Market Leaders
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CeramTec
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MARUWA Co., Ltd.
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CoorsTek Inc.
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Saint-Gobain
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Murata Manufacturing Co., Ltd.
*Disclaimer: Major Players sorted in no particular order
Electronics & Electrical Ceramics Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increase Demand for Consumer Electronics
- 4.1.2 Upcoming Power Generation Projects in Asia-Pacific
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4.2 Restraints
- 4.2.1 Higher Cost Compared to Other Materials like Metals and Alloys
- 4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak
- 4.3 Industry Value Chain Analysis
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4.4 Porters Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Material Type
- 5.1.1 Alumina Ceramics
- 5.1.2 Titanate Ceramics
- 5.1.3 Zirconia Ceramics
- 5.1.4 Silica Ceramics
- 5.1.5 Others
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5.2 Product Type
- 5.2.1 Monolithic Ceramics
- 5.2.2 Ceramic Matrix Composites
- 5.2.3 Ceramic Coatings
- 5.2.4 Others
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5.3 End-user Industry
- 5.3.1 Consumer Appliances
- 5.3.2 Power Grids
- 5.3.3 Medical Devices
- 5.3.4 Others
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5.4 Geography
- 5.4.1 Asia-Pacific
- 5.4.1.1 China
- 5.4.1.2 India
- 5.4.1.3 Japan
- 5.4.1.4 South Korea
- 5.4.1.5 Rest of Asia-Pacific
- 5.4.2 North America
- 5.4.2.1 United States
- 5.4.2.2 Canada
- 5.4.2.3 Mexico
- 5.4.3 Europe
- 5.4.3.1 Germany
- 5.4.3.2 United Kingdom
- 5.4.3.3 France
- 5.4.3.4 Italy
- 5.4.3.5 Rest of Europe
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle-East and Africa
- 5.4.5.1 Saudi Arabia
- 5.4.5.2 South Africa
- 5.4.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share (%)/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 AdValueTech
- 6.4.2 Aum Techno Ceramics.
- 6.4.3 CeramTec
- 6.4.4 CoorsTek Inc.
- 6.4.5 Heraeus Holding
- 6.4.6 IBIDEN
- 6.4.7 KCM Corporation Co.,Ltd.
- 6.4.8 Kyocera Group
- 6.4.9 MARUWA Co., Ltd.
- 6.4.10 Murata Manufacturing Co., Ltd.
- 6.4.11 NGK INSULATORS, LTD.
- 6.4.12 NIPPON CARBIDE INDUSTRIES CO.,INC.
- 6.4.13 NORITAKE CO.,LIMITED
- 6.4.14 Saint-Gobain
- 6.4.15 TAYCA
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 R&D in Innovative Technologies and Upcoming 5G Technology
- 7.2 Other Opportunities
Electronics & Electrical Ceramics Industry Segmentation
The electronics and electrical ceramics market report include:
| Material Type | Alumina Ceramics | |
| Titanate Ceramics | ||
| Zirconia Ceramics | ||
| Silica Ceramics | ||
| Others | ||
| Product Type | Monolithic Ceramics | |
| Ceramic Matrix Composites | ||
| Ceramic Coatings | ||
| Others | ||
| End-user Industry | Consumer Appliances | |
| Power Grids | ||
| Medical Devices | ||
| Others | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Electronics & Electrical Ceramics Market Research FAQs
What is the current Electronics and Electrical Ceramics Market size?
The Electronics and Electrical Ceramics Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Electronics and Electrical Ceramics Market?
CeramTec, MARUWA Co., Ltd. , CoorsTek Inc., Saint-Gobain and Murata Manufacturing Co., Ltd. are the major companies operating in the Electronics and Electrical Ceramics Market.
Which is the fastest growing region in Electronics and Electrical Ceramics Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Electronics and Electrical Ceramics Market?
In 2024, the Asia Pacific accounts for the largest market share in Electronics and Electrical Ceramics Market.
What years does this Electronics and Electrical Ceramics Market cover?
The report covers the Electronics and Electrical Ceramics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Electronics and Electrical Ceramics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Electronics and Electrical Ceramics Industry Report
Statistics for the 2024 Electronics and Electrical Ceramics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Electronics and Electrical Ceramics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
