San Francisco, 18 December 2018, Transparent Ceramics Market Size,
Share & Trends Analysis Report By Material, By Product, By Application
(Optics & Optoelectronics, Aerospace, Defense & Security, Sensors), And
Segment Forecasts, 2018 – 2024
The global transparent ceramics market size is expected to reach
USD 1.1 billion by 2024, according to a new report by Grand View Research, Inc.
It is projected to expand at a CAGR of 22.4% over the forecast period. Rising
demand for optic and optoelectronics is anticipated to fuel the market demand
over the forecast period.
Transparent ceramics are
defined as inorganic, non-metallic polycrystalline materials that transmit
light with wavelengths in the visible electromagnetic spectrum. These
inorganic, non-metallic, polycrystalline materials are characterized by light
transmission in visible as well as ultraviolet to infrared range of
electromagnetic spectrum.
Applications of transparent
ceramics include glass, tubes, automobile windshields, electronic gadget
displays, sunglasses, and missile domes. The market for transparent ceramics
has been segmented into various types according to its application such as optics
and opto-electronics, aerospace and defense, healthcare, mechanical/chemical,
and other industries.
The market demand is majorly
supplemented by rising defense expenditure to implement superior technology and
material. Aerospace, defense and security accounted for 22.3% market share in
2015. Increasing in expenditure for new innovations is expected to propel the
growth of this industry.
Global market for transparent
ceramics is presumed to grow over the next nine years on account of rising
demand from numerous end-use industries. The product is used as an alternative
to conventional glass technologies in numerous functions such as infrared
domes, lasers, armors, and optical fibers. Product segment sapphire held 73%
revenue share of the global market in 2015.
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Report On Transparent Ceramics Market Analysis:
Further key findings from the report suggest:
·
Optics and optoelectronics was
the largest application segment accounting for USD 61.02 million in 2015
·
Other applications of
transparent ceramics include lighting and display, equipment and machinery,
food, agriculture, semiconductors, and transportation
·
Monocrystalline transparent
ceramics are majorly used in ceramic brackets in dental applications and held
95.2% of the global market
·
Asia Pacific emerged as the
largest regional market accounting for almost half of the global volume in 2015
·
Key players in transparent
ceramics market include ETEC, Surmet Corporation, Koito Manufacturing, and Murata
Manufacturing Co. Ltd.
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Grand View Research At: www.grandviewresearch.com/industry/advanced-materials
Grand View Research has segmented the
global transparent ceramics market on the basis of material, product, end-use,
and region:
Transparent Ceramics Material
Outlook (Revenue, USD Million, 2013 - 2024)
·
Sapphire
·
Yttrium Aluminum Garnet
·
Aluminum Oxynitride
·
Spinel
·
Others
Transparent Ceramics Product
Outlook (Revenue, USD Million, 2013 - 2024)
·
Monocrystalline
·
Polycrystalline
·
Others
Transparent Ceramics
Application Outlook (Revenue, USD Million, 2013 - 2024)
·
Optics & Optoelectronics
·
Aerospace, Defense &
Security
·
Mechanical/Chemical
·
Sensors & Instrumentation
·
Healthcare
·
Consumer
·
Energy
·
Others
Transparent Ceramics Regional
Outlook (Revenue, USD Million, 2013 - 2024)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
France
o
Italy
·
Asia Pacific
o
China
o
Japan
o
India
·
Latin America
o
Brazil
o
Chile
·
Middle East & Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-transparent-ceramics-market
www.grandviewresearch.com/press-release/global-transparent-ceramics-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/