Electroceramics Market trends research and projections for 2018 - 2025

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Electroceramics Market Share Growth Trends and
Forecast by 2025
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Global Market Scenario of Electroceramics
Industry

• Electroceramics Market is broadly classified into
  electronics, energy and power, automobile and
  others. The other applications include
  environment monitoring, aerospace defense, etc.
  Piezoelectric ceramics are used to generate
  signals by the application of mechanical stress
  and this property makes them ideal to be used as
  sensors, actuators, sonar wave detectors, etc.
• The product is also used in inkjet printers to
  control the flow of inks, in loudspeakers to
  convert voltage into mechanical movement as fuel
  injectors in diesel engines and in thermal
  imaging equipments. Electroceramics are also used
  as detectors for IR radiations through gas
  samples. Stringent environmental norms make the
  usage of pollution control devices in industries
  mandatory and this will drive the industry size
  subsequently by 2025.
• Global Electroceramics Market size is witnessing
  a decent growth from the past few years and is
  expected to follow the similar trend over the
  forecast spell. These products are also called as
  advanced ceramic materials which find major
  applications in electrical, optical and
  electromagnetic applications.
• Increase in demand of automobiles and consumer
  electronic products in the Asia Pacific region
  due to increase in disposable income coupled with
  population growth will drive the electroceramics
  market demand in forecast timeframe. This is all
  owing to significant usage of the product in
  automotive and electronic items as a key part of
  sensors, capacitors, etc. as it holds excellent
  thermal and electrical resistant features.

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• Product Analysis-
• Based on product type, electroceramics market is
  majorly classified into five categories
  dielectric ceramics, piezoelectric ceramics,
  ferroelectric ceramics, magnetic ceramics and
  others. The others product segment includes
  ceramic insulators, pyroelectric ceramics etc.
• Among these dielectric ceramics are extensively
  used in applications such as sensors, actuators
  and capacitors. Technology development and rising
  pollution concerns will uplift the demand of
  electric and hybrid cars and this in turn will
  escalate the product demand in future. Magnetic
  ceramics possesses properties such as high
  electrical resistivity, strong magnetic coupling
  which makes it suitable for data storage, tunnel
  junctions, high frequency, spin valve and in
  radar absorbing coating applications.
• Regional Trends-
• Based on region, Asia Pacific constitute the
  largest share in the electroceramics market size
  due to substantial growth in semiconductor and
  electronics industries. Electronic industry has
  experienced highest growth in the region owing to
  recent initiatives taken by the governments to
  promote domestic manufacturing, rapid
  technological advancements, large consumer base
  and availability of low cost resources.
• The electronics market in India is expected to
  reach USD 400 billion by 2020. In 2016, India
  witnessed USD 18.36 billion FDI in electronics
  manufacturing and this trend mentioned above will
  continue to follow. This in turn will boost the
  electroceramics market growth in coming years.

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Market Research Reports Key Analytical Components
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• Competitive Trends
• The prominent players in electroceramics market
  are Coorstek Inc., Hitachi Metals America Ltd.,
  Piezo technologies, Materion Corporation, Annon
  Piezo Technology Co. Limited, Harris Corporation,
  Morgan Advanced Materials, Ceradyne Inc., Dexter
  Magnetic Technologies Inc., Accuratus
  Corporation, Keltron Electro Ceramics Ltd.,
  Rubicon Technology, APC International Ltd.,
  Advanced Abrasives, Kyocera Corporation, Maruwa
  Co. Ltd.
• Most of the companies are engaged in the
  expansion of product range and line as well as
  expansion in emerging markets through
  acquisitions, associations and mergers. For
  instance, in 2014, CoorsTek Inc. started its new
  subsidiary CoorsTek Medical LLC exclusively to
  cater the medical industry need which will
  provide high-performance engineered ceramic
  products and components to medical industry
  utilizing its prior experience in this field.

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Latest Research Report On Electroceramics
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