As per Fact.MR’s electronics and electrical ceramics market insights, sales are likely to incline rapidly significant across Asia, with China topping a valuation of US$ 2 Bn by 2031, amounting to approx. 13% of the global market share. High uptake across consumer electronics and medical device manufacturing is bolstering market prospects across the East Asian giant. In 2021, the global market is poised to reach nearly US$ 12 Bn.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
The report offers actionable and valuable market insights of Electronics and Electrical Ceramics. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Electronics and Electrical Ceramics Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Electronics and Electrical Ceramics market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Electronics and Electrical Ceramics
This newly published and insightful report sheds light on Market Insights of Electronics and Electrical Ceramics, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Electronics and Electrical Ceramics Market.
As per Fact.MR’s electronics and electrical ceramics market insights, sales are likely to incline rapidly significant across Asia, with China topping a valuation of US$ 2 Bn by 2031, amounting to approx. 13% of the global market share. High uptake across consumer electronics and medical device manufacturing is bolstering market prospects across the East Asian giant. In 2021, the global market is poised to reach nearly US$ 12 Bn.
Medical device manufacturing to be dominant end user, expanding at 5% CAGR
By material, alumina ceramics to reach US$ 5 Bn by 2031, expanding at above 5% CAGR
Demand for zirconia ceramics to heighten, topping 4% CAGR over the decade
The U.S. electronics and electrical ceramics market yielded over US$ 3 Bn in revenue in 2020
Flourishing consumer electronics industry pivoting sales in China, expected to surpass US$ 2 Bn by 2031
Germany to experience steady expansion, surpassing a CAGR of 4% through 2031
“Demand for robust telecommunication infrastructure for enhanced connectivity and rising need for deployment of superior quality surgical equipment across hospitals is spurring adoption of electronics and electrical ceramics on an enhanced scale,” remarks a Fact.MR analyst.
Competitive Landscape
Key players in the electronics and electrical ceramics landscape rely on new product launches, strategic mergers & acquisitions, collaborations and regulatory approvals among other strategies to remain prominent in the market. Some notable developments are as follows:
In May 2021, CeramTec GmbH launched a new ceramic power semiconductor module for drive inverters in e-mobility. Together with the Fraunhofer Institute for Integrated Systems and Device Technology (IISB), it has developed a ceramic heat sink with chip-on heatsink technology.
In February 2021, CoorsTek Inc. expanded its manufacturing capacity across Southeast Asia by initiating construction of a 400,000 sq. ft. engineered ceramics facility in Rayong, Thailand. This will help augment its capacity to produce more electronics and electrical ceramics.
Electronics and Electrical Ceramics Company & brand share analysis: The report offers brand-share analysis on Electronics and Electrical Ceramics market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
Electronics and Electrical Ceramics Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
Electronics and Electrical Ceramics Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
Electronics and Electrical Ceramics Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
Electronics and Electrical Ceramics Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
Post COVID consumer spending on Electronics and Electrical Ceramics: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Electronics and Electrical Ceramics sales.
More Valuable Insights on Electronics and Electrical Ceramics Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Electronics and Electrical Ceramics, Sales and Demand of Electronics and Electrical Ceramics, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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