Ceramic Substrates Market prospers with application as substitutes to metals and

Posted by rohan on January 24th, 2020

Market Overview:

A ceramic substrate is a wetted surface that is microscopically rough. It leads to capillarity action that causes the water to spread very fast, creating a constant film between conductors. The employment of ceramic substrates boosts the high level of heat conduction and reliability in conductors. Advanced ceramic substrates are employed in gasoline and diesel systems for light-duty and heavy-duty applications. The world ceramic substrate market was approximately USD 6.77 billion by revenue, at the end of 2018. It is estimated to rise at a CAGR of 6.47% to reach USD 9.26 billion by 2023.

Market drivers and restraints:

The global market is driven by the rise in use of such substrates as substitutes to metals and alloys. The market is also driven by its properties like high-temperature resistance, corrosion-resistance, and low thermal expansion. Increase in the call for handy microelectronics packaging solutions is also one of the factors fueling the ceramic substrate market. Nevertheless, high procurement prices and high raw material prices are estimated to hamper the market in the coming years.

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Report segmented as:

By product:

  • Silicon nitride
  • Aluminum nitride
  • Beryllium oxide
  • Alumina
  • Others

By end user:

  • Automotive
  • Industrial
  • Consumer electronics
  • Military and avionics
  • Telecom
  • Others

Geographical analysis:

Based on geography, the ceramic substrate market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is the key region of the global ceramic substrate market. It is estimated to continue to dominate the world market throughout the estimated period.

Important market players:

The major players operating in the global ceramic substrates market are 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), and Yokowo (Japan); and end user industries, such as ETI (Slovenia), SST Sensing (Scotland), Emerson Electric (US), B/E Aerospace (US), and Siemens (Germany).

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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rohan

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rohan
Joined: September 20th, 2017
Articles Posted: 1,346

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