Global Automotive Ceramics Market Set for One-Digit Growth, According to Azoth Analytics Report Available at MarketPublishers.com26 Apr 2017 • by Natalie Aster
LONDON – Rising concerns over emissions of various hazardous pollutants (e.g. greenhouse gases) have led to an increase in government regulations related to them. This trend along with the rising interest in hybrid and electric vehicles has resulted into the growth of the global market for automotive ceramics.
Ceramic engine accessories are set to dominate the world’s marketplace thanks to the rising regulations related to vehicle emission.
Ceramic sensors will form another swiftly growing segment in the coming years, with its growth being primarily driven by technological advancements that result into higher adoption rates.
Currently, developed regions (e.g. North America) rule the worldwide space in terms of revenue. They are set to maintain this position in the offing, but emerging regions (e.g. APAC) may grow at a higher rate given the increasing vehicle production as well as government regulations.
The global automotive ceramic market is forecast to grow at a CAGR of more than 8.5% in the coming years.
Kyocera, Elan Technology, Ceradyne, and Corning Inc. are some of the top companies globally.
In-demand research report “Global Automotive Ceramics Market – Sizing, Growth, Application: Analysis and Outlook (2017-2022)” drawn up by Azoth Analytics offers an in-depth analysis of the global market for automotive ceramics. The study starts with an all-round overview of this evolving marketplace.
It reviews product segments, estimates the overall sizing of this space (both in terms of value and volume), uncovers historical data and forecast figures. The report sheds light on all the product segments’ performance.
The research study proceeds with a thorough discussion of major regional and country marketplaces: North America, Europe, the US, Germany, China, and more. It also investigates the policy and regulatory landscape.
The research report limights factors that encourage and restrain the growth, and focuses on challenges of the marketplace. The study profiles top 11 companies (globally) and comprises valuable strategic recommendations.
More insightful reports by Azoth Analytics can be found at its page.