About Electrical Ceramics
Electrical ceramics are the functional class of ceramics, wherein ceramic materials are designed to exhibit various electrical properties. It is developed to solve complex thermal runaway and fire protection challenges and unique electrical, optical and magnetic properties have become of increasing importance in many key technologies including communications, energy conversion and storage, electronics, and automation. The electrical ceramic material is gaining importance for various electronics and electrical applications due to its extreme hardness, electrical insulation, and relatively lightweight compared to other materials.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Japanese Manufacturers will contribute the maximum growth to Global Electrical Ceramics market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ceramtec (Germany), Kyocera Corporation (Japan), Taiyo Yuden (Japan), TDK Corporation (Japan), Murata Manufacturing (Japan), Morgan Advanced Materials (United Kingdom), NGK Insulators (Japan), Samsung Group (South Korea), K-Tech Ceramics (India) and Orient Ceramics (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Electrical Ceramics market by Type (Multilayer Ceramic Capacitor (MLCC), Dielectric Ceramics, Ceramic Substrates, Ceramic Packing and Others), Application (Consumer Electronics, Home Appliances, Medical Devices, Power Grids and Energy and Others) and Region.
On the basis of geography, the market of Electrical Ceramics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Alumina will boost the Electrical Ceramics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapidly Increasing R&D Activities for New Innovative Products to Meet Engineering Demand
Market Growth Drivers:
Increasing Use of Electrical Ceramic Material for Electrical Purpose Due to Its Excellent Electrical Insulation and Lightweight
Challenges:
Increasing Price of Raw Materials May Hamper the Growth
Opportunities:
Increasing Demand of Electrical Ceramics in Telecommunication Industry to Improve 5G Antenna Performance
Market Leaders and their expansionary development strategies
In February 2021, Superior Technical Ceramics (STC) announced the acquisition of IJ Research, a manufacturer specializing in ceramic to metal seals based in Santa Anna, California. IJ Research is a manufacturing company specializing in applications that include electrical feed-throughs and optoelectronic windows, along with various ceramic-to-metal seals and bonds. The acquisition will extend STC’s technical ceramic capabilities and enhance the ability to satisfy a more diverse spectrum of their customers' needs in terms of reliability, tolerance, and durability.
In October 2023, Scientists develop new ceramic material that could revolutionize electronics researchers have developed a new ceramic material that could revolutionize electronics. The material, called hafnia zirconia, is a type of oxide that is both insulating and conducting. This combination of properties could make it possible to create new types of transistors and other electronic devices that are smaller, faster, and more efficient than current devices.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Electrical Ceramics Manufacturers, Suppliers and Distributors of Electrical Ceramics, Raw Material Suppliers & Distributors of Electrical Ceramics, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.