Automotive Ceramics Market Will Generate Record Revenue by 2030
The global automotive ceramics market is estimated to grow at a CAGR of 5.5% during the forecast period. Significant demand for passenger vehicles and superior properties associated with ceramic materials are some pivotal factors encouraging the growth of the market. In December 2019, the EU passenger car demand increased 21.7% owing to the surge in the car sales in France (21.7%) and Sweden (109.3%), as per the European Automobile Manufacturers' Association. In 2019, new passenger car registrations increased by 1.2% across the EU. Europe is renowned for vehicle production across the globe. Therefore, the region contributes to the adoption of technical and advanced ceramics for use in automotive applications.
Advanced ceramics materials are
integrated into automotive designs while challenging conditions need a material
that is reliable and robust. Ceramic materials hold thermal and electrical
properties that support its applications in a range of sensors, ceramic
bearings, mechanical seals, and valves. In addition, ceramics are more
cost-efficient compared to metal and more durable compared to plastic. These
features make it beneficial for use in the automotive industry, as developments
in car manufacturing need higher complexity in automotive components. Owing to
these properties, advanced ceramic materials have crucial importance in
enhancing safety, cost-effectiveness, and comfort in automotive and vehicle
engineering.
For electronic controls,
piezo-ceramic components work as sensors and deliver information regarding
quiet engine operation, position, and changes in the direction of vehicles.
Based on ceramic substrates, electronic components respond to this information
and control safety systems including the anti-lock braking system (ABS) and
anti-slip regulation (ASR). It enables to regulate motor management and release
the airbag when required. In engines, heat-resistant ceramic parts such as
components for water and fuel pumps, valve components, and backings in the
crankshaft housing ensure enhanced efficiency, lower noise emission, and less
wear. New possibilities have emerged with the use of ceramic-metal composites
in light metal construction. For instance, xenon or LED light systems, modern
halogen, with ceramic components considerably improve visibility. Emerging
demand for electric vehicles and rising focus on autonomous vehicles are
expected to offer an opportunity for market growth.
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Automotive Ceramics Market Segmentation
By Material
·
Alumina Oxide Ceramics
·
Zirconia Oxide Ceramics
·
Others
By Application
·
Automotive Engine Parts
·
Automotive Electronics
·
Automotive Exhaust Systems
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Regional Analysis
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
Company Profiles
·
3M Co.
·
Applied Ceramics, Inc.
·
Blasch Precision Ceramics, Inc.
·
Ceramdis GmbH
·
CeramTec GmbH
·
Compagnie de Saint-Gobain S.A.
·
CoorsTek, Inc.
·
Corning, Inc.
·
Dyson Technical Ceramics, Ltd.
·
Elan Technology, Inc. (ET)
·
Ibiden Co., Ltd.
·
INMATEC Technologies GmbH
·
International Syalons (Newcastle), Ltd.
·
Kyocera Corp.
·
McDanel Advanced Ceramic Technologies, LLC
·
Morgan Advanced Materials plc
·
Murugappa Morgan Thermal Ceramics, Ltd.
·
NGK Spark Plug Co., Ltd.
·
Ortech, Inc.
·
Rauschert GmbH
·
Vinayak Techno Ceramics
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