Lucintel Forecasts the Global Transparent Ceramic Market to Reach $686 million by 2030
Lucintel Forecasts the Global Transparent Ceramic Market to Reach $686 million by 2030
Blog Article
According to a market report by Lucintel, the future of the global transparent ceramic market looks promising with opportunities in the optics & optoelectronics, aerospace, defense & security, mechanical/chemical, sensors & instrumentation sector. The global transparent ceramic market is expected to reach an estimated $686 million by 2030 from $391.6 billion in 2023, at a CAGR of 8% from 2024 to 2030. The major drivers for this market are increasing miniaturization of electronic devices, equipment, and components and the rise in the need for modernization in environmental engineering.
A moe than 150-page report to understand trends, opportunity and forecast in transparent ceramic market to 2030 by end use (optics & optoelectronics, aerospace, defense & security, mechanical/chemical, sensors & instrumentation, and others), material type (sapphire, yttrium aluminum garnet, aluminum oxynitride, spinel, and others (yttria & cubic zirconia)), product type (monocrystalline transparent ceramics, polycrystalline transparent ceramics, and others (glass-ceramics, glass-crystal, and nanomaterials)), and region (North America, Europe, Asia Pacific, and Rest of the World).
Lucintel forecasts that optics & optoelectronics will remain the largest end use industry over the forecast period due to increasing demand for transparent ceramic products due to their optical transparency and high temperature, corrosion resistance, insulation, and sheer strength.
Sapphire will remain the largest material type and it is also expected to witness the highest growth over the forecast period due to the growing demand for low cost, transparent ceramic in structural applications.
Download sample by clicking on transparent ceramic market
Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to the anticipated growth in the end user industries and increasing focus on high performance transparent ceramic.
Rivgasasha are the major suppliers in the transparent ceramic market.
This unique 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 write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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