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Ceramic Substrates Market Trends

  • Report ID: GMI7739
  • Published Date: Dec 2023
  • Report Format: PDF

Ceramic Substrates Market Trends

The growing demand for electronic components and developments in automotive technology are driving significant trends in the ceramic substrates industry. With the increasing use of 5G technology, electric cars, and the Internet of Things (IoT), there is a growing demand for high-performance ceramic substrates in electronic device production. These substrates are critical for power modules, integrated circuits, and LED applications because to their superior thermal conductivity, electrical insulation, and dependability. Furthermore, the growing emphasis on sustainability and environmental standards is encouraging the use of ceramic substrates in businesses since they are environmentally benign and have a longer lifespan than conventional materials.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for ceramic substrates was USD 7.95 billion in 2023 and is expected to reach USD 19.35 billion by 2032 due to an increasing demand for innovative materials with improved thermal conductivity, electrical insulation, and dependability worldwide.

Ceramic substrates industry from the alumina segment reached USD 4.7 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 owing to its remarkable thermal and electrical insulating qualities, high mechanical strength, and resilience to corrosive conditions.

The consumer electronics segment held 35.4% share of the ceramic substrates industry in 2023 due to the rising need for sophisticated technology components, notably ceramic substrates, leading to the rise in demand for consumer electronics.

Murata Manufacturing Co., Ltd., CoorsTek, Inc., Maruwa Co., Ltd., CeramTec GmbH, NGK Insulators, Ltd., ENrG Inc., Leatec Fine Ceramics Co., Ltd., Adamant Namiki Precision Jewel Co., Ltd., and Yokowo Co., Ltd., are some of the major ceramic substrates companies worldwide.

Ceramic Substrates Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 250
  • Countries covered: 22
  • Pages: 180
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