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Ceramic Substrates Market Insights

The global ceramic substrates’ market is expected to grow at a significant CAGR over the forecast period due to its properties such as corrosion resistance, high temperature stability, low thermal expansion and light weightiness among others. Rising application of ceramic substrates in automotive, telecom, consumer electronics and industrial segment is also likely to boost the market growth over the coming years.

However, the high price of ceramic substrate products is likely to hinder the market growth over the years. Moreover, problems associated with recyclability and reparability of the product is also projected to affect the profitability of the market.

Ceramic Substrates Market

Ceramic Substrates Market: Product Type Insights

On the basis of product type, the industry is segmented into alumina, aluminium nitride, silicon nitride and beryllium oxide among others. The market for alumina is expected to occupy the highest share owing to factors such as low cost, high thermal conductivity, superior mechanical strength and flatness with less porosity.

Ceramic Substrates Market: Application Insights

Ceramic Substrates Market finds its application in consumer electronics, automotive, telecom, industrial and military & avionics among others. The automotive segment is anticipated to dominate the market over the forecast period owing to inherent properties of ceramic substrates such as high thermal conductivity, good corrosion resistance and resistance against plastic deformation which makes it a better option than other metals and alloys for automotive manufacturers. Ceramic substrates are used in the production of safety glass windshields, catalytic converters, spark plugs ceramic filters, ceramic rotors, airbag sensors, oxygen sensors, pressure sensors, vibration sensors, thermistors, piston rings and valves.

The consumer electronics segment is anticipated to occupy the highest share over the years due to the rising application of the product in radio and television components, microphones and fiber optic/laser communications.

The aerospace sector is also likely to grow at a healthy rate due to increased use of ceramic substrates in producing high temperature glass windows, space shuttle tiles, fuel cells, high temperature glass windows and thermal barriers.

Ceramic Substrates Market

Ceramic Substrates Market: Regional Insights

Asia Pacific occupied the largest share of this market since the past few years. This can be attributed to the increasing demand for product by consumer electronics sector in this region. Demand is expected to rise from countries such as China, India, South Korea and Japan. China is projected to grow at a significant rate owing to growing production facilities of ceramic substrates in the country.

Ceramic Substrates Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase ceramic substrates over the coming years. Some leading consumers of this market are Toyota, General Motors, Fiat Chrysler Automobiles, Toshiba, Samsung Electronics, Boeing Co. and Lockheed Martin Corporation.

Ceramic Substrates Market: Market Share & Competitor Analysis

The global market for this product is expected to be significantly large due to the presence of numerous manufacturers. The key players include Kyocera (Japan), CoorsTek (The U.S.), KOA Corporation (Japan), LEATEC Fine Ceramics (Taiwan), CeramTec (Germany), Murata Manufacturing (Japan) and Tong Hsing Electronic Industries (Taiwan).

In December 2017, Cree Inc. a worldwide manufacturer and marketer of lighting-class LEDs, announced their new product, the XLamp XD16 packaged LEDs.

In September 2017, CoorsTek the key manufacturer of ceramics in the U.S. signed a deal with Teledyne e2v.

The global Ceramic Substrates Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Ceramic Substrates Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Ceramic Substrates Market.

Ceramic Substrates Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Ceramic Substrates Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company’s manufacturing Ceramic Substrates, and customer analytics.

Ceramic Substrates Market

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Key Deliverables: 
  1. Known and unknown adjacencies impacting the market
  2. New emerging technologies and use cases disrupting the industry alongwith market estimates and forecasts datasets
  3. Identification of revenue pockets by analysing largest and fastest growing segments and regions
  4. Key dynamics affecting market growth
  5. Analysis of key players in the market and the key strategies adopted by them to sustain their market position
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