The electronic ceramic market size in 2019 is expected to grow to USD 11.99 billion, with a steady CAGR of 3% from 2021 to 2027. The growth of the global electronic ceramics market is driven by various new technology updates in electronics, automotive and communication systems. The Internet of Things (IoT) has the potential to penetrate all fields. It enables digital transformation of various processes and can use a variety of sensors to monitor key operational parameters in medical, manufacturing, vehicle tracking and storage monitoring. In addition, 5G networks faster than 4G require both new equipment and antenna systems to transmit large amounts of data.
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Electronic Ceramics Market: Segmentation
By Product
• Ferroelectric ceramics
• Piezoelectric ceramics
• Pyroelectric ceramics
• Others
By End-user
• Home appliances & consumer electronics
• Healthcare
• Automotive & transportation
• Telecommunication & power transmission
• Others
Major Players
• American Elements
• Compagnie de Saint-Gobain S.A.
• CoorsTek Inc.
• Ferro Corporation
• Hoganas AB
• Ishihara Sangyo Kaisha Ltd.
• L3Harris Technologies Inc.
• Merck KgA
• Noritake Co. Ltd.
• Physik Instrumente GmbH & Co. KG.
• Sensor Technology Ltd.
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