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Electronic Ceramics Market Analysis

  • Report ID: GMI2876
  • Published Date: Oct 2024
  • Report Format: PDF

Electronic Ceramics Market Analysis

Based on product, the market is divided into ferroelectric ceramics, piezoelectric ceramics, pyroelectric ceramics, and others. Piezoelectric ceramics held the dominant market share of 5.1 billion in 2023 and is expected to reach USD 10 billion by 2032. Their ability to convert mechanical energy into electrical signals makes them crucial in sensors, actuators, and transducers used in automotive, healthcare, and consumer electronics. With the rise of IoT and smart devices, piezoelectric ceramics are in high demand for components like microphones, ultrasound devices, and vibration sensors. Additionally, their efficiency in energy harvesting solutions, such as powering small electronic devices, further enhances their appeal. This broad range of uses gives them a significant edge over other ceramic types.
 

Electronic Ceramics Market Revenue Share, By End User, (2023)

Based on end user, the electronic ceramics market is categorized into home appliances & consumer electronics, healthcare, automotive & transportation, telecommunication & power transmission and others. Home appliances & consumer electronics end user accounted for 38% market share in 2023 and is projected to grow through 2032. Home appliances & consumer electronics are the most popular end-users in the market due to the widespread use of ceramic components like capacitors, resistors, and sensors in everyday devices. The rapid growth of smartphones, laptops, and wearable gadgets has driven substantial demand for ceramic-based components that ensure efficient performance and miniaturization. Additionally, smart home technologies, including smart TVs, washing machines, and refrigerators, rely on electronic ceramics for advanced functionalities. The consumer electronics sector's fast-paced innovation cycle further amplifies the demand. This broad and continuous need makes it the leading end-user segment.
 

Asia Pacific Electronic Ceramics Market  Size, 2021- 2032 (USD Billion)

Asia pacific dominated the global electronic ceramics market in 2023. It generated a revenue of USD 6.5 billion in 2023 and is expected to reach USD 12.5 billion by 2032. Asia Pacific dominates the market due to its strong presence in electronics manufacturing, particularly in consumer electronics, automotive, and telecommunications industries. The region has a robust supply chain for raw materials, advanced manufacturing capabilities, and significant investment in R&D, making it a global hub for electronic component production. Additionally, rising demand for smart devices, 5G infrastructure, and electric vehicles further drives market growth in this region.
 

China is the leading country in the Asia Pacific market, driven by its position as the world’s largest manufacturer of electronic goods. The country benefits from large-scale production facilities, government support for tech innovation, and the presence of key manufacturers. Additionally, its rapidly growing consumer electronics market and investments in 5G and electric vehicle infrastructure solidify China's dominance in the region.

Authors: Kiran Pulidindi, Manish Dhiman

Frequently Asked Questions (FAQ) :

The global market size for electronic ceramics was valued at USD 10.9 billion in 2023 and is anticipated to register a CAGR of over 7.2% between 2024 and 2032, driven by the rapid growth of advanced technologies like 5G, IoT, and AI.

The electronic ceramics industry from piezoelectric ceramics segment held a market share of USD 5.1 billion in 2023 and is expected to reach USD 10 billion by 2032, due to their ability to convert mechanical energy into electrical signals.

Asia Pacific market generated USD 6.5 billion in 2023 and is expected to reach USD 12.5 billion by 2032, driven by its strong presence in electronics manufacturing and rising demand for smart devices, 5G infrastructure, and electric vehicles.

Major players in the industry include APC International, Ltd., CeramTec Holding GmbH, Central Electronics Limited, Kyocera Corporation, Maruwa Co., Ltd., Morgan Advanced Materials, Murata Manufacturing Co., Ltd., PI Ceramics, Sensor Technology Ltd., and Sparkler Ceramics Pvt. Ltd.

Electronic Ceramics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 210
  • Countries covered: 21
  • Pages: 320
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