NEW YORK, July 2, 2021 /PRNewswire/ —
The Advanced Ceramics Market report has been added to Technavio’s offering. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Our client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.
The advanced ceramics market is expected to grow by USD 2.90 billion during 2021-2025, expanding at a CAGR of over 5%. The report also throws light on the impact of the COVID-19 pandemic on the market and the new opportunities and challenges market players can expect. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
Download: Advanced Ceramics Market Value Chain Analysis
Use of advanced ceramics in electronic components and circuits to drive growth. As per Technavio, the development of advanced ceramic coatings will also have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2021-2025.
Related Reports on Materials Include:
Advanced Ceramics Market: Segmentation Analysis
This market research report segments the advanced ceramics market by End-user (Housing and construction, Aerospace, Medical, Electrical, and Others) and Geography (APAC, Europe, South America, Middle East and Africa, and North America).
72% of the market’s growth will originate from APAC during the forecast period. China, India, Vietnam, and Indonesia are the key markets for advanced ceramics in APAC. The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The use of advanced ceramics in medical implants and devices will facilitate the advanced ceramics market growth in APAC over the forecast period.
Want to customize this report? We offer $1000 worth of FREE customization at the time of purchase
Speak to an Analyst: https://www.technavio.com/talk-to-us?report=IRTNTR70664
Some of the key topics covered in the report include:
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
Our growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
View original content to download multimedia:https://www.prnewswire.com/news-releases/use-of-advanced-ceramics-in-electronic-components-and-circuits-impact-on-advanced-ceramics-market-301324760.html