DUBLIN--(BUSINESS WIRE)--The "Global Transparent Ceramics Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The transparent ceramics market was valued at US$242.808 million in 2017 and is projected to expand at a CAGR of 26.58% over the forecast period to reach US$998.743 million by 2023.
Transparent ceramics have gathered considerable attention in the last decade owing to their significant contribution in a variety of sectors such as aerospace & defence, consumer electronics, optics and optoelectronics and others. The increased demand for their application in sensors and the use of ceramic technology in lasers are expected to be the major factors fuelling the market growth. Some of the additional factors driving the growth performance of the transparent ceramics market are the growing demand for transparent ceramics as an alternative to the traditional glass technologies, growth of optics and optoelectronic sector, improved efficiency and the increasing defence expenditure.
Geographically, North America accounts for the majority of the market share and Asia Pacific region is expected to be the fastest growing market during the projected period. However, certain technological issues and the high prices of raw materials have increased the initial costs which acts as a major challenge for the growth of the market during the forecast period.
- Yttrium Aluminium Garnet
- Aluminium Oxynitride
By End-user Industryl:
- Optics & Optoelectronics
- Aerospace, Defense & Security
- Sensors & Instrumentation
- Consumer Electronics
- North America
- United States
- Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South America
- CeraNova Corporation
- Surmet Corporation
- Brightcrystals Technology, Inc.
- Konoshima Chemical Co., Ltd.
- CeramTec ETEC
- Murata Manufacturing Co. Ltd.
- Coorstek Inc.
- Schott AG.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Transparent Ceramics Market By Type
6. Global Transparent Ceramics Market By Material
7. Global Transparent Ceramics Market By End-User Industry
8. Global Transparent Ceramics Market By Geography
9. Competitive Intelligence
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/r3wwjs/global?w=4