According to a market report by Lucintel, the future of the transparent ceramic market looks promising with opportunities in the optics & optoelectronics, aerospace, defense & security, mechanical/chemical, sensors & instrumentation, healthcare, consumer goods/electronics, and energy industries. The transparent ceramic market is expected to grow with a CAGR of 21% from 2019 to 2024. The major growth drivers for this market are increasing miniaturization of electronic devices, equipment, and components and the rise in the need for modernization in environmental engineering.
To download report brochure, please go to https://www.lucintel.com/transparent-ceramic-market.aspx and click "report brochure" tab from the menu .
In this market, Sapphire, yttrium aluminum garnet, aluminum oxynitride, and spinel are the major material used to manufacture transparent ceramic.
Within the transparent ceramic market, optics & optoelectronics, aerospace, defense & security, mechanical/chemical, sensors & instrumentation, healthcare, consumer goods/electronics, and energy (lighting, scintillator, and biomaterials) are the major end use industries. Optics & optoelectronics is the largest segment for the transparent ceramic market.
Asia Pacific will remain the largest market over the forecast period due to rising demand from the electronics industry.
CoorsTek Inc., Surmet Corporation, Schott AG, II-VI Optical Systems, CILAS, Brightcrystals Technology Inc., and CeramTec-ETEC GmbH are among the major manufacturers of transparent ceramics.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the transparent ceramic market by material type, product type, end use, and region. Lucintel has prepared a comprehensive research report entitled "Transparent Ceramic Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the transparent ceramic market by material type, product type, end use, and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
Monocrystalline Transparent Ceramics
Polycrystalline Transparent Ceramics
Others (glass-Ceramics, glass-crystal, and nanomaterials)
By Material Type [$M shipment analysis for 2013 – 2024]:
Sapphire
Yttrium Aluminum Garnet
Aluminum Oxynitride
Spinel
Others (Yttria & Cubic Zirconia)
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Optics & Optoelectronics
Aerospace, Defense & Security
Mechanical/Chemical
Sensors & Instrumentation
Healthcare
Consumer Goods/Electronics
Energy
Others (Lighting, Scintillator, biomaterials )
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Asia Pacific
Rest of The World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/transparent-ceramic-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.