Transparent Ceramics Market 2017 - Global Forecast to 2022

The transparent ceramics market was valued at USD 219.2 Million in 2016 and is projected to reach USD 698.1 Million by 2022, at a CAGR of 21.3% between 2017 and 2022

The growth of the transparent ceramics market is triggered by the increasing used in the defense sector in reconnaissance & sensor windows, night vision systems, windows for laser communications, and so on. These ceramics are also used in electromagnetic (EM) radomes, IR domes, sensor protection, and multi-spectral windows due to their abrasion resistance and excellent thermal stability. Transparent ceramic materials such as sapphire are used in high-speed, infrared-guided missile domes owing to their thermal stability, and mechanical properties

Monocrystalline transparent ceramics is the largest and the fastest growing segment of the transparent ceramics market, in 2016. Monocrystalline transparent ceramics are ideally suitable for applications that require high optical transparency and mechanical strength. Therefore, these are widely used optoelectronics and aerospace, defense & security applications.

Sapphire is the fastest-growing segment, projected to register a CAGR of 24.0% during the forecast period. There is a high potential for sapphire across various industry verticals, such as optoelectronics, energy, aerospace, defense, and security, among others. Sapphire (single crystal aluminum oxide) is primarily used where standard glass and technical ceramics cannot meet the high transparency demand of the specific applications.

Optics & optoelectronics segment dominated the global transparent ceramics market in 2016, due to the increasing use of transparent ceramics, owing to their superior mechanical and optical properties. China is expected to be a major market for the optics & optoelectronics transparent ceramics due to low labor cost and potential high demand for transparent ceramics across various emerging applications.

Asia-Pacific was the largest market of transparent ceramics in 2016, growth of this regional market is driven by the rising demand from electronics and defense industries in major economies such as China and India. Asia-Pacific is also estimated to be the fastest-growing transparent ceramics market. Asia-Pacific accounted for a share of 33.5% of the transparent ceramics market in 2016.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Transparent Ceramics Market, By Type

7 Transparent Ceramics Market, By Material

8 Transparent Ceramics Market, By End-Use Industry

9 Regional Analysis

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/4nk2nf/transparent

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