The "Ceramic Substrates Market by Product Type (Alumina, Aluminum Nitride, Silicon Nitride, Beryllium oxide), End-use Industry (Consumer Electronics, Automotive, Telecom, Industrial, Military & Avionics), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The ceramic substrates market is estimated to be USD 6.35 billion in 2017 and is projected to reach USD 8.68 billion by 2022, at a CAGR of 6.44% from 2017 to 2022.

The growth of the market is attributed to the increasing use of ceramic substrates as an alternative to metals and alloys. The increasing demand for compact microelectronics packaging solutions is another significant factor driving the growth of the ceramic substrates market. However, high procurement and raw material costs are expected to negatively affect the market growth.

Alumina substrates are the most widely used ceramic substrates as they meet all the requirements of insulating materials for applications in electrical & electronics engineering. Alumina substrates are widely used in thick and thin film applications as they are an inexpensive option as compared to other ceramic substrates.

On the basis of region, the ceramic substrates market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific is estimated to account for the major share of the ceramic substrates market by 2022, owing to the increase in consumption from various developing economies, such as China, India, and South Korea.

The Asia Pacific ceramic substrates market is also projected to grow at the highest CAGR between 2017 and 2022. The demand for ceramic substrates is increasing in this region on account of the growing manufacturing base of various end-use industries.

Market Dynamics

Drivers

  • Increasing Need for Advanced Architecture and Miniaturization of Electronic Devices
  • Increasing Demand for Ceramic Substrates Over Traditional Metal Substrates

Opportunities

  • Growing Demand for Nanotechnology and High-End Computing System
  • Increasing Demand From Medical Industry

Challenges

  • Issues Related to Recyclability and Reparability
  • High Price of Ceramic Substrates

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Ceramic Substrates Market, By Product Type

7 Ceramic Substrates Market, By End-Use Industry

8 Ceramic Substrates Market, By Region

9 Competitive Landscape

10 Company Profiles

  • Advanced Substrate Microtechnology
  • Anaren
  • Ceramtec
  • Chaozhou Three-Circle (Group)
  • Coorstek
  • Ecocera Optoelectronics
  • Enrg
  • ICP Technology
  • KOA Corporation
  • Kyocera
  • Leatec Fine Ceramics
  • Maruwa
  • Murata Manufacturing
  • NGK Spark Plug
  • Nikko Company
  • Nippon Carbide Industries
  • Ta-I Technology Co.
  • Tong Hsing Electronic Industries
  • Toshiba Materials
  • Yokowo

For more information about this report visit https://www.researchandmarkets.com/research/9cdhkl/ceramic?w=4