Global automitive ceramics market

1. Global Automotive Ceramics Market, Size, Share, Analysis Report & Forecast to 2026 Global automotive ceramics market is estimated to grow at a CAGR of nearly 5.5% during the forecast period. The emerging demand for electric vehicles is primarily contributing to the growth of the market. Increasing strict emission regulations is leading to an emerging adoption of electric vehicles that supports reducing fuel cost and lowers emission. Hydrogen is considered an alternative fuel and is entitled to alternative fuel vehicle tax credits, under the Energy Policy Act of 1992. This leads to the driving adoption of electric vehicles as greener alternatives. Get Free Sample Copy @ https://www.omrglobal.com/request-sample/automotive-ceramics- market In 2018, the global stock of electric passenger cars exceeded 5 million in 2018, which shown an increase of 63% from 2017, as per the International Energy Agency (IEA). In 2018, 45% of the global electric cars on the road were reported in China, which is 2.3 million, and is followed by Europe and the US. Due to the stringent emission norms and rising demand for electric vehicles, the automobile manufacturers moved towards the development of electric vehicles as an area of growth opportunities. Toyota Motor Corp. and Honda Motor Co. Ltd. are engaged in the development of hydrogen fuel cell electric vehicles (FCEVs). A https://www.omrglobal.com/industry-reports/automotive-ceramics-market Full Report of Global Automotive Ceramics Marketis Available at: Apart from these, Hyundai Motor Group is also focusing on electric vehicles driven by hydrogen fuel cells. Multilayer ceramic capacitors are commonly used in electric vehicle electronics and subsystems owing to their small size, extreme temperature ratings, and easy surface mount form factor. As with the battery management system (BMS), ceramic capacitors (rather than film capacitors) are recommended to withstand the high operating temperatures of the DC/DC converter. Therefore, the emerging production and sales of electric vehicles are supporting to boost the global automotive ceramics market. Scope of the Global Automotive Ceramics Market Market Coverage The market number available for 2019-2026 Base year- 2019

2. Forecast period- 2020-2026 Segment Covered- By Material and Application Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World. Competitive Landscape- Kyocera Corp., CeramTec GmbH, CoorsTek, Inc., Morgan Advanced Materials plc, and NGK Spark Plug Co., Ltd. Key Developments in the Global Automotive Ceramics Market In February 2019, Kyocera Corp. declared that Kyocera Fineceramics GmbH, its Germany-based European headquarters, completed an agreement to acquire H.C. Starck Ceramics GmbH, a manufacturer of advanced ceramics based in Selb, Germany. The acquisition of H.C. Starck Ceramics will support Kyocera to expand fine ceramic production assets in Europe, manufacturing lineup, and advanced technologies. In addition, this will enable Kyocera to further extend its fine ceramics business across the globe. In November 2019, 3M introduced the new Automotive Window Film Ceramic IR Series. Nano-ceramic technology was used to develop this series that offers an extreme level of infrared heat rejection and restrict interference with electronics. Global Automotive Ceramics Market-Segmentation By Material Alumina Oxide Ceramics Zirconia Oxide Ceramics Others By Application Automotive Engine Parts Automotive Electronics Automotive Exhaust Systems Others Global Automotive Ceramics Market– Segment by Region North America US Canada Europe Germany

3. UK France Spain Italy Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World For https://www.omrglobal.com/report-customization/automotive-ceramics-market More Customized Data, Request for Report Customization @ About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404