Report Code: A06754 | Nov 2023 | Pages: NA | ||
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Request Now !Electroceramics are a special category of ceramics that exhibit additional properties such as electrical, optical, and magnetic properties, while the conventional ceramics only possessed properties such as thermal and chemical stability. Electroceramics are widely used in data storage, communication, automation, and energy conversion. The major materials used for making Electroceramics include titanate, zirconia, and alumina. Titanate is used majorly for the manufacture of conductive ceramics, whereas zirconia is used in piezoelectric ceramics. The magnetic ceramics are made using compounds such as ferric oxide and strontium carbonate.
Rapid technological advancement in the electronics & semiconductor fields has driven the growth of the global electroceramics market. Semiconductor & electronics, automotive, medical, and aerospace are the major consumers of electroceramics, which significantly contributes toward the market growth. Moreover, electroceramics are widely applicable in manufacturing electronic devices such as capacitors, data storage devices, and sensors. Owing to their optimized size & shapes, economic viability, and technological feasibility, these devices are extensively used in laptops, smartphones, and other electrical appliances. Furthermore, different types of sensors and devices are used in automobiles, and thus surge in demand for vehicles all over the world has escalated the demand for electroceramics in the market. In the healthcare sector, electroceramics are frequently used in cochlear implants, sensors, femoral heads, and feedthroughs, owing to their strength, chemical inertness, and biocompatibility, which significantly contributes toward the growth of the global market.Â
However, higher cost and the technical complexities in the manufacture and application of electroceramics are acting as restraining factors of the electroceramics market.
The Asia-Pacific region is accounted for the largest share of the global electroceramics market. This is attributed to huge demand for electronics products in the region and presence of large manufacturers of consumer electronics in the nations such as India, Japan, South Korea, and China.
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Electroceramics Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | Kyocera Corporation, Maruwa Co. Ltd., Meggitt Sensing Systems, Morgan Advanced Materials, Rubicon Technology, Swiss Jewel Company, Taiyo Yuden, TC Ceramics Inc., Teledyne Reynolds Inc., and TRS Technologies Inc. |
Other Key Market Players | Annon Piezo Technology Co. Limited, Harris Corporation, Hitachi Metals America Ltd. |
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