Ceramic Substrates Market Worth 8.68 Billion USD by 2022
PUNE, India, December 15, 2017 /PRNewswire/ —
The report “Ceramic Substrates Market by Product Type (Alumina, Aluminum Nitride, Silicon Nitride, Beryllium oxide), End-use Industry (Consumer Electronics, Automotive, Telecom, Industrial, Military & Avionics), and Region – Global Forecast to 2022″ published by MarketsandMarkets™, the market is projected to grow from USD 6.35 Billion in 2017 to USD 8.68 Billion by 2022, at a CAGR of 6.44% during the forecast period. The growth of this market is mainly driven by increased demand for ceramic substrates in various end-use industries owing to their superior properties, such as high wear resistance, longer life, and excellent thermal management.
Browse 111 market data Tables and 31 Figures spread through 138 Pages and in-depth TOC on “Ceramic Substrates Market“
Early buyers will receive 10% customization on this report
The aluminum nitride segment is projected to grow at the highest CAGR during the forecast period
Based on product type, the aluminum nitride segment is projected to grow at the highest CAGR from 2017 to 2022. Aluminum nitride has higher thermal and mechanical stability as compared to other substrates. The high cost of aluminum nitride substrates is, however, a major challenge faced by most of the key manufacturers. Nevertheless, its high cost makes it suitable for high-end applications, such as avionics, space, and satellite.
Get PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=6683833
Consumer electronics segment accounted for the largest share of the Ceramic Substrates Market in 2016
Based on end-use industry, the consumer electronics segment accounted for the largest share of the Ceramic Substrates Market on account of the high demand for ceramic substrates for applications in home appliances, mobile phones, and other consumer electronics products in developing countries across the world.
Asia Pacific is projected to be the fastest-growing market for ceramic substrates
On the basis of region, the Ceramic Substrates Market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific is the fastest-growing market for ceramic substrates, primarily driven by the region’s developing economies, such as China, India, and South Korea. Various economies in this region have expanded their manufacturing base, which, in turn, is expected to drive the Asia Pacific Ceramic Substrates Market.
Google News, Bing News, Yahoo News, 200+ publications
Key players operating in the Ceramic Substrates Market include Kyocera(Japan), Murata Manufacturing (Japan), CoorsTek (US), Ceram Tec (Germany), Maruwa (Japan), Tong Hsing Electronic Industries (Taiwan), LEATEC Fine Ceramics (Taiwan), Nikko Company (Japan), KOA Corporation (Japan), Yokowo (Japan), NGK Spark Plug Co. (Japan), ENRG Inc. (US), Nippon Carbide Industries (Japan), Ta-I Technology Co. (Taiwan), ECOCERA Optoelectronics Ltd. (Taiwan), Toshiba Materials (Japan), ICP Technology Co. (Taiwan), Advanced Substrate Microtechnology Corporation (US), Anaren (US), and Chaozhou Three-Circle (Group) Co. (China).
Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=6683833
Browse Related Reports
Electronics Ceramics & Electrical Ceramics Market by Material (Alumina, Silica, Zirconia), Product (Monolithic Ceramics, Ceramic Matrix Composites), End-Use Industry (Home Appliances, Power Grids, Medical Devices), and Region – Global Forecast to 2021
Technical Ceramics Market by Material (Oxide, Non-oxide), Product (Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings), End-Use Industry (Electronics & Semiconductor, Automotive, Energy & Power, Medical, Others), and by Region – Global Forecast to 2021
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’ flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
Email: [email protected]
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets