The Automotive Ceramics research report published by Stratview Research, is an in-depth analysis of the latest developments, market size, future technologies, market drivers, upcoming challenges, with key company profiles. The research study provides market overview, opportunities in the market, sales and revenue by region and much more business intel.
This research analyses niche markets, potential threats, and competitive strategy in various segments based on the Automotive Ceramics Market competitive landscape and development model in various parts of the world. This research throws light on the business strategies of the key players that might help in the growth of other companies during the pandemic era.
Impact of COVID-19 on Automotive Ceramics Market
As the world grapples with one of its greatest health pandemic, the economic and social disruption has affected millions of enterprises. The revenues have gone down in the year 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition. Stratview Research throws light on in-depth insights related to rapid alterations in the key players in each industry, growth and decline due to COVID-19, etc. The researchers at Stratview Research are regularly connecting with the clients and other key players of almost all the industries, regarding the impact of COVID-19 on their businesses.
- Kyocera CorporationCeramTec
- NGK Spark Plug Co., Ltd.
- CoorsTek, Inc.
- Saint-Gobain Ceramics Materials
- Ceradyne Inc.
- Mcdanel Advanced Ceramic Technologies LLC
- Dyson Technical Ceramics Ltd.
- International Syalons (Newcastle) Limited
- Inmatec Technologies GmbH
- Blasch Precision Ceramics, Inc.
- Applied Ceramics, Inc.
- Ortech Advanced Ceramics
- Vinayak Techno Ceramics
Growth drivers and Market Value:
This report, from Stratview Research Automotive Ceramics Market value and growth drivers over the trend period of 2020-25. According to the report –
Automotive ceramics market is likely to witness an impressive CAGR of 5.5% during the forecast period. Automotive ceramic products are lighter in weight, more durable, and offer better corrosion-resistance properties in comparison with traditional materials such as metals and plastics. This factor is serving as a catalyst towards the wide adoption of ceramic materials in a wide array of applications in the automotive industry.
By Application Type
Based on the application type, the market is segmented as automotive engine parts, automotive exhaust systems, automotive electronics, and others. It is estimated that the automotive engine parts segment will lead the market during the forecast period. Extensive use of automotive ceramics in the manufacturing of spark plugs, glow plugs, high pressure pumps, electronic fuel pumps, valves, sealing & insulation rings, and other automotive applications is the major factor behind the dominance of automotive engine parts.
In terms of regions, Asia-Pacific dominated the automotive ceramics market and is also expected to witness the highest growth during the forecast period. Asia-Pacific is the largest automotive market owing to significant economic development in the region, huge consumer base, increasing disposable income of consumers, and presence of key automotive OEMs, tier players, and ceramic material suppliers. China, South Korea, and Japan are the growth engines of the automotive ceramics market in the region.
Competitive Analysis: Understanding your rivalry is critical to your success. This section includes an analysis of your key competitors, their products/services, their differentiators, and market shares, etc.
Target Market and Audience: Identifying and prioritizing specific target markets is another key part of any industry, where research is crucial. Stratview Research’s report will help you find more about the demographics and buying behaviours of your potential customers.
Key Considerations for Market Forecast:
- Impact of lockdown, supply chain disruptions.
- Pre and post-COVID-19 market estimates
- Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
Impact of COVID-19 on the Global Market
The Automotive Ceramics report compiled by Stratview Research offers in-depth study of market opportunities and market impact that are stirred due to the COVID-19 pandemic. The detailed research report focuses upon the direct and indirect impact of COVID-19 with new product launches, M&As, supply chain overview, government regulations, strategies adopted by related market, etc.
Sneak peek into the Report:
The report provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market forecast analysis
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends & Key success factors