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Electronic Ceramics Market Trends

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

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Electronic Ceramics Market Trends

The electronic ceramics industry is witnessing key trends driven by technological advancements and increased demand for miniaturized, high-performance components. There is a growing shift toward multilayer ceramic capacitors (MLCCs), which are essential in smartphones, 5G infrastructure, and automotive electronics. The adoption of ceramic materials in electric vehicles (EVs) for power electronics and energy storage systems is also expanding. Additionally, innovations in ceramic-based sensors and actuators are boosting applications in healthcare and industrial automation. Sustainability concerns are pushing manufacturers to explore eco-friendly production methods and recyclable ceramic materials.

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.