{"id":84076,"date":"2016-10-18T09:09:03","date_gmt":"2016-10-18T09:09:03","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=84076"},"modified":"2016-10-18T09:09:03","modified_gmt":"2016-10-18T09:09:03","slug":"electronics-electrical-ceramics-market-poised-to-reach-1198-billion-usd-by-2021","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/electronics-electrical-ceramics-market-poised-to-reach-1198-billion-usd-by-2021_84076.html","title":{"rendered":"Electronics & Electrical Ceramics Market Poised to Reach 11.98 Billion USD by 2021"},"content":{"rendered":"
The Asia-Pacific region, North America, Europe, the Middle East & South Africa, and South America are considered the main regions of the global electronics ceramics & electrical ceramics market in the report.<\/div>\n

The report “Electronics Ceramics & Electrical Ceramics Market<\/a> by Material (Alumina, Silica, Zirconia), Product (Monolithic Ceramics, Ceramic Matrix Composites), End-Use Industry (Home Appliances, Power Grids, Medical Devices), and Region – Global Forecast to 2021″<\/strong>, The market size of electronics ceramics & electrical ceramics is estimated to grow from USD 9.00 Billion in 2015 to USD 11.98 Billion by 2021, at a CAGR of 4.89%. The market is driven by growing standard of living & per capita income in the Asia-Pacific region and the growing demand for electronics ceramics & electrical ceramics in the medical devices industry.<\/p>\n

Browse 112 market data Tables and 51 Figures spread through 166 Pages and in-depth TOC on <\/strong><\/em>“Electronics Ceramics & Electrical Ceramics Market”.<\/strong>
http:\/\/www.marketsandmarkets.com\/Market-Reports\/electronic-and-electrical-ceramic-market-165102293.html<\/a>
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Alumina: The Largest Material Type in the Global Electronics Ceramics & Electrical Ceramics Market<\/strong><\/p>\n

Electronics ceramics & electrical ceramics are manufactured by using various material types such as alumina, silica, titanate, and zirconia. Alumina ceramics was estimated to account for the largest market share, in terms of value as well as volume, followed by titanate, silica, zirconia, and others, in 2016. Lower cost and suitability in a wide range of applications makes alumina ceramics the most preferred ceramic material among its peers.<\/p>\n

Home Appliances: The Largest End-use Industry in the Global Electronics Ceramics & Electrical Ceramics Market<\/strong><\/p>\n

Electronics ceramics & electrical ceramics are used in various end-use industries such as home appliances, power grids, medical devices, mobile phones, and others. The home appliances end-use industry was estimated to account for the largest market share, in terms of value as well as volume, followed by power grids, mobile phones, medical devices, and others in 2016. The medical devices industry is estimated to grow at the highest CAGR between 2016 and 2021, in terms of value, among all the industries considered. The growing per capita income and improving living standards are driving the growth in demand for electronic products, which further drives the global electronics ceramics & electrical ceramics market.<\/p>\n

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Asia-Pacific: The Largest Market for Electronics Ceramics & Electrical Ceramics<\/strong><\/p>\n

The Asia-Pacific region is currently the largest market for electronics ceramics & electrical ceramics. The U.S. is the largest market for electronics ceramics & electrical ceramics in the North American region.<\/p>\n

Forces driving the market for electronics ceramics & electrical ceramics in North America are:<\/p>\n