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The rise in the automotive sector are expected to drive innovation in electronic ceramics manufacturing, thus driving the market during the forecast period.

The global electronic ceramics market is expected to grow from $10.88 billion in 2022 to $11.81 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The electronic ceramics market size is expected to grow to $15.97 billion in 2027 at a CAGR of 7.8%.

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Global Electronic Ceramics Market Segments Include:

• By Product Type: Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings
• By Application: Capacitors, Data Storage Devices, Optoelectronic Devices, Actuators & Sensors, Power Distribution Devices
• By End User: Electronics, Automobile, Medical, Aerospace & Defense
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global electronic ceramics market in 2021.

Major Market Players in the electronic ceramics market include Maruwa Co Ltd., Kyocera Corporation, CeramTec GmbH, Morgan Advanced Materials, Murata Manufacturing Co Ltd., CoorsTek, Almatis GmbH.

Technological innovation is a key trend gaining popularity in the electronic ceramics market. Major companies operating in the electronic ceramics market are focused on providing technologically advanced products to meet fast-growing industry demand and strengthen their market position. These companies are implementing next-generation electronic ceramics technologies into their products, such as piezoelectric material, circuit carriers, actuators, sensors, fiber optics, and others, to provide mechanical, thermal, and chemical stability to electronic equipment. For instance, in September 2020, TDK Corporation, a Japan-based company that manufactures electronic components and recording and data-storage media, developed innovative multilayer ceramic capacitors (MLCC) in its CGA series for automotive applications, attaining world-class capacitance of 22F in 2012 size (2.0 x 1.25 x 1.25 mm) and 47F in 3216 size (3.2 x 1.6 x 1.6 mm).

The Electronic Ceramics Global Market Report 2023  provides a electronic ceramics market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The electronic ceramics market forecast analyzes electronic ceramics market size, electronic ceramics market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The electronic ceramic refer to ceramics that can be utilized in the electronics sector as an electrical or magnetic material to produce an electric charge whenever pressed or altered in size of an electric field. The materials for such specific applications are manufactured from specially formed compositions (which are not present in nature) and processed under tightly regulated conditions.

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