Ceramic Substrates Market – Opportunities And Challenges

PUNE, India, 2019-Dec-06 — /EPR Network/ — 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″. After being valued at USD 6.4 billion in 2017, the global ceramic substrates market size is expected to reach USD 8.7 billion by the year 2022, thereby registering a CAGR of 6.4% in the forecast period. The growth of the global ceramic substrates industry is driven by its excellent physical properties. Properties like resistant to corrosion, stable to high temperatures, low thermal expansion, and adaptive to all electrical types of materials are increasing the demand of the product in industrial, consumer electronics, automotive, telecom, and other end-user industries.

Browse 111 market data Tables and 31 Figures spread through 138 Pages and in-depth TOC on “Ceramic Substrates Market”

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The aluminum nitride segment is estimated to produce the highest CAGR between 2017-2022 in the global ceramic substrates market.

Based on product type, the aluminum nitride segment is projected to deliver the highest CAGR in the foreseen period. And the reason behind this predicted growth is that the thermal and mechanical stability of aluminum nitride is high as compared to alumina, silicon nitride, and beryllium oxide. The high cost of the segment is a minor constraint to its growth rate. However, this is adjusted by its extensive applications in high-end industries like space, satellite, and avionics.

The automotive segment is envisioned to grow at the highest CAGR in the forecast period.

Based on the end-user industry, the ceramic substrates market is segmented in consumer electronics, automotive, telecom, industrial, avionics and space. Among these, the automotive segment is projected to register the highest growth rate between the year 2017-2022. The characteristic properties of ceramic substrates like durability, mechanical and thermal stability are responsible for the growth of the automotive segment.

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The Asia Pacific is currently the largest market for ceramic substances and is projected to continue to dominate its competitors in the upcoming years.

Based on the region, the ceramic substrates market is divided into Europe, South America, Asia Pacific, South America, and Africa. Out of this, the Asian Pacific region is the largest ceramic substance market. The Asian Pacific Ceramic Substance market is also projected to be the fastest-growing market in the 2022 year, thanks to the increasing demand for electronics products in its emerging economies like China, South Korea, and India.

The major players in the global ceramic substrates market include Kyocera from Japan, Murata Manufacturing from Japan, CoorsTek from the USA, Ceram Tec from Germany, Maruwa from Japan, Tong Hsing Electronic Industries from Taiwan, LEATEC Fine Ceramics from Taiwan, Nikko Company from Japan, KOA Corporation from Japan, Yokowo from Japan. Other key players in the industry are NGK Spark Plug Co. (based in Japan), ENRG Inc. (based in USA), Nippon Carbide Industries (based in Japan), Tai-I Technology Co. (based in Taiwan), ECOCERA Optoelectronics Ltd. (based in Taiwan), Toshiba Materials (from Japan), ICP Technology Co. from Taiwan, Advanced Substrate Microtechnology Corporation and Anaren based in the USA, and Chaozhou Three-Circle Group Company from China.

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