Global Transparent Ceramics Markets

The global market for transparent ceramics reached $194.1 million in 2016. The market should reach $227.3 million in 2017 and $548.7 million by 2022, growing at a compound annual growth rate (CAGR) of 19.3% from 2017 to 2022.

Introduction

Study Goals and Objectives
Transparent ceramics is a category of ceramic materials that has attracted increasing interest from both the scientific community and industry due to a combination of unique optical, mechanical, physical and chemical properties of these materials, which make them suitable for several demanding applications.

There is growing interest in the application of these materials as a replacement for single crystals as well as for the fabrication of new generations of devices within the optoelectronics and energy sectors. In this study, Research provides a current and detailed assessment of the transparent ceramics market, including an objective analysis of industry and technological trends, and prospects for future growth. In addition, an updated review of the most significant advances in transparent ceramic technology and fabrication methods is offered, with a focus on those technologies that will contribute to market growth during the next five years.

Reasons for Doing This Study
Transparent ceramics are defined as inorganic, non-metallic polycrystalline materials that transmit light with wavelengths in the visible electromagnetic spectrum. In recent years, the definition has expanded to include materials that also allow light with wavelengths in the ultraviolet and infrared regions of the spectrum to pass through.

The global transparent materials industry is currently valued at over $250 billion and continues to expand at a moderate rate. Transparent ceramics represent a very small share of this vast market (less than 1%) but are expected to grow at an accelerated rate during the next five years. The increased market penetration of these materials can be attributed to various factors, including rising demand for solid-state lighting, solar cells, and other devices requiring advanced optical properties.

Intended Audience

This study will be of primary interest to all organizations that:

-Manufacture, sell and distribute transparent ceramics.
-Supply raw materials for production of transparent ceramics.
-Manufacture process equipment utilized by producers of transparent ceramics.
-Fabricate products based on transparent ceramics (such as lasers, optoelectronic devices, smart military systems, armors, medical instruments, and light-based sensors).
-Manufacture testing and characterization equipment for transparent ceramics.
-Provide technical or marketing services in conjunction with transparent ceramic products.
-Are planning to enter the transparent ceramics industry as a supplier, manufacturer, service provider, or consumer.

Scope of Report
Research delineates the current market status for transparent ceramics, defines trends, and presents growth forecasts for the next five years. The transparent ceramic market is analyzed based on the following segments: material type, application, and region. In addition, technological issues, including key events and the latest process developments, are discussed.

More specifically, the market analysis conducted by Research for this report is divided into five sections.

In the first section, an introduction to the topic and a historical review of transparent ceramics are provided, including an outline of recent events. Current and emerging applications for transparent ceramics are also identified and grouped into segments of aerospace and defense, consumer, energy, healthcare, mechanical and chemical, optics and optoelectronics, sensors and instrumentation, and other industries.

Related Reports: Transparent Ceramics Market Research Reports

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