psalexa

Transparent Ceramics Market Research Report: By Material (Aluminum Oxynitride, Spinel, Sapphire), End Use (Aerospace & Defense, Electrical & Electronics, Energy, Medical) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2014–2030

  • Publishing: May 2021
  • Report Code: CM11853
  • Available Format: PDF

Transparent Ceramics Market Overview

Transparent ceramics are polycrystalline materials with certain light transmittance, which are stronger, harder, and more corrosion-resistant in comparison to optical resin and glass materials.

On the basis of end use, the global transparent ceramics market has been categorized into aerospace & defense, electrical & electronics, energy, medical, and others. A significant market demand is expected to arise from the aerospace & defense application, during the forecast period (2020–2030), owing to the high-volume usage of transparent ceramics in advanced optical domes, windows, and transparent armor for aircraft. With the increasing aircraft production in countries such as the U.S. and Brazil, the demand for transparent ceramics is expected to surge.

Geographically, the transparent ceramics market has been categorized into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East and Africa (MEA). The market in APAC is expected to account for a significant share throughout the forecast period. This can be ascribed to the high government spending on the defense sector, owing to a rise in security threats. For instance, in February 2020, the Indian government allocated $66.9 billion (INR 4,71,378 crore) to the defense sector, for the fiscal year 2020–2021, which is a significant hike from the allocation of $44.5 billion (INR 3,18,000 crore) for the fiscal year 2019–2020. In addition, as per Stockholm International Peace Research Institute (SIPRI), the U.S. defense spending stood at $649 billion, which was more than the next seven countries combined (China, Saudi Arabia, India, France, Russia, U.K., and Germany).

Transparent Ceramics Market Dynamics

Drivers

Several countries are investing heavily on defense aircraft procurement, owing to the concerns regarding national security, which is driving the transparent ceramics market growth. In addition, with the increasing passenger footfall in Southeast Asian as well as European countries, the overall aircraft production is likely to increase, thereby creating a high demand for transparent ceramics. For instance, in January 2019, The Boeing Company won new orders for 893 airplanes, which was a rise from the order received in 2018 for 806 airplanes. Owing to such factors, transparent ceramics are expected to witness a high demand from the aerospace & defense sector, during the forecast period.

Opportunities

The market for transparent ceramics holds immense opportunities of growth, with their ability to serve as an alternative to current glass and single-crystal technologies, for a wide range of end products, such as optical fibers, lasers, and armors. With the increasing awareness about transparent ceramics and their advantages, along with the rising investments in research and development of transparent ceramics, the market would offer lucrative growth opportunities to the players, during the forecast period.

Transparent Ceramics Market Competitive Landscape

Some of the players in the global transparent ceramics market are American Elements, CeramTec GmbH, CeraNova Corporation, Saint-Gobain Crystals, and Surmet Corporation.

Segmentation of the Global Transparent Ceramics Market

The report offers the size of the global transparent Ceramics market for the period 2014–2030.

The report will also provide a country-wise analysis. Some of the major countries that are covered in the report are the U.S., Canada, France, Germany, the U.K., Italy, China, Japan, India, South Korea, Brazil, Argentina, Saudi Arabia, and South Africa.

Market Segmentation by Material

  • Aluminum Oxynitride
  • Spinel
  • Sapphire
  • Others

Market Segmentation by End Use

  • Aerospace & Defense
  • Electrical & Electronics
  • Energy
  • Medical
  • Others

Market Segmentation by Geography

  • North America Transparent Ceramics Market
    • By material
    • By end use
    • By country – U.S. and Canada
  • Europe Transparent Ceramics Market
    • By material
    • By end use
    • By country – France, Germany, U.K., Italy, and Rest of Europe
  • Asia-Pacific (APAC) Transparent Ceramics Market
    • By material
    • By end use
    • By country – China, Japan, India, South Korea, and Rest of APAC
  • Latin America (LATAM) Transparent Ceramics Market
    • By material
    • By end use
    • By country – Brazil, Argentina, and Rest of LATAM
  • Middle East and Africa (MEA) Transparent Ceramics Market
    • By material
    • By end use
    • By country – Saudi Arabia, South Africa, and Rest of MEA
Place An Order
USD 4900 USD 6400 USD 8400
Customized Report Solution

Get a bespoke market intelligence solution

 
We are committed to ensuring the highest level of client satisfaction
Quality Acknowledgement
Quality Acknowledgement

Our dedication to providing the most-accurate market information has earned us verification by Dun & Bradstreet (D&B). We strive for quality checking of the highest level to enable data-driven decision making for you

Unmatched Standards
Unmatched Standards

Our insights into the minutest levels of the markets, including the latest trends and competitive landscape, give you all the answers you need to take your business to new heights

Reach Us
Reach Us Whenever You Need Us

With 24/7 research support, we ensure that the wheels of your business never stop turning. Don’t let time stand in your way. Get all your queries answered with a simple phone call or email, as and when required

Data Security
Complete Data Security

We take a cautious approach to protecting your personal and confidential information. Trust is the strongest bond that connects us and our clients, and trust we build by complying with all international and domestic data protection and privacy laws