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Transparent Ceramics - Global Strategic Business Report

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    Report

  • 349 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806325

Global Transparent Ceramics Market to Reach $1.4 Billion by 2030

The global market for Transparent Ceramics estimated at US$359.5 Million in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 18.4% over the analysis period 2022-2030. Monocrystalline Transparent Ceramics, one of the segments analyzed in the report, is projected to record 20.5% CAGR and reach US$717.5 Million by the end of the analysis period. Growth in the Polycrystalline Transparent Ceramics segment is estimated at 17.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $75.5 Million, While China is Forecast to Grow at 22.4% CAGR

The Transparent Ceramics market in the U.S. is estimated at US$75.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$343.4 Million by the year 2030 trailing a CAGR of 22.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 16.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.5% CAGR.

Select Competitors (Total 26 Featured)

  • Kyocera Corporation
  • Schott AG
  • Morgan Advanced Materials PLC
  • American Elements
  • NGK Insulators Ltd.
  • Saint-Gobain Ceramic Materials
  • II-VI Optical Systems
  • Meller Optics, Inc.
  • Superior Technical Ceramics Corporation (STC)
  • Surmet Corporation
  • Shanghai Siccas High Technology Corporation
  • Xiamen Innovacera Advanced Materials Co., Ltd.

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Transparent Ceramics Market

What is the estimated value of the Transparent Ceramics Market?

The Transparent Ceramics Market was estimated to be valued at $359.5 Million in 2022.

What is the growth rate of the Transparent Ceramics Market?

The growth rate of the Transparent Ceramics Market is 18.5%, with an estimated value of $1400 Million by 2030.

What is the forecasted size of the Transparent Ceramics Market?

The Transparent Ceramics Market is estimated to be worth $1400 Million by 2030.

Who are the key companies in the Transparent Ceramics Market?

Key companies in the Transparent Ceramics Market include Kyocera Corporation, Schott AG, Morgan Advanced Materials PLC, American Elements, NGK Insulators Ltd., Saint, Gobain Ceramic Materials, II, VI Optical Systems and Meller Optics, Inc..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
  • An Introduction to Transparent Ceramics
  • Monocrystalline and Polycrystalline Transparent Ceramics
  • Select Materials Used in Transparent Ceramics
  • Applications of Transparent Ceramics
  • Global Market Prospects & Outlook
  • Asian Economies at the Forefront of Growth in the Transparent Ceramics Market
  • Transparent Ceramics - Global Key Competitors Percentage Market Share in 2022 (E)
  • Polycrystalline Transparent Ceramics Market Share Breakdown of Key Players for 2019
  • World Brands
  • Recent Market Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • New Opportunities Emerge for Transparent Ceramics in Aerospace & Defense Sector
  • With Defense Budgets Coming Under Pressure, Transparent Ceramics Market Faces Challenging Times
  • Adapting to Changing Battlefield Opens Opportunities for Transparent Ceramics in Transparent Ballistic Glass & Armored Land/Air Tactical Platforms: Defense Expenditure Worldwide in US$ Billion for the Years 2001 through 2019
  • Leading Countries Ranked by Defense Budgets in US$ Billion for 2019
  • Reprioritizing of Budgets Impacts Defense Spending, Affecting Market Prospects
  • Japan Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion) for 2021-2023
  • UK Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion) for 2021-2023
  • Optics & Optoelectronics: The Major End-Use Market for Transparent Ceramics
  • Global Optoelectronics Market Revenues in US$ Billion for 2019, 2021, 2023 and 2025
  • Growing Number of Consumer Electronics Users (in Million) Bodes Well for Future Market Prospects: 2019-2027
  • Transparent Ceramics: Facilitating Creation of Durable and Multifunctional Optics
  • Rising Demand for Sensors and Instrumentation Augurs Well for Transparent Ceramics Market
  • Explosion of IoT Connected Devices Sustains Demand for Sensors, Expanding Opportunities for Transparent Ceramics: Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
  • Transparent Ceramics Hold Potential for Manufacture of Super-hard Windows
  • Optical Ceramics Market: Growing Demand from Aerospace, Defense & Security Sectors Supports Growth
  • Transparent Ceramic Materials Hold Potential for Use in Night Vision Devices
  • Rising Importance of Transparent Ceramics in Cutting Tools
  • Rising Use of Transparent Ceramics in Medical Sector
  • Healthcare Sector Offers Opportunity for Transparent Ceramics: Global Medical X-Ray Imaging Market (In US$ Billion) for the Years 2019, 2021, 2023, 2025 & 2028
  • Sustained Advances in Nanotechnology Augur Well for Transparent Ceramics Market
  • Growing Prominence of Transparent Ceramics as Substitute Material for Plastics, Glass & Metal
  • Transparent Ceramics: Enabling Creation of Faster & Safer Self-Driving Vehicles
  • Sapphire Emerges as a Preferred Material for Transparent Ceramics
  • Transparent Aluminum: A Unique Transparent Advanced Ceramic
  • Beneficial Attributes Expand Applications of Spinel and ALON
  • Monocrystalline Transparent Ceramics: Promising Growth Ahead
  • Novel Application Areas Drive Growth in Transparent Polycrystalline Ceramics Market
  • Sialon Ceramics Vs Transparent Ceramics
  • Processing Developments Facilitate Use of Polycrystalline Ceramics as Laser Materials
  • Types of Ceramic Laser Materials
  • 3D Printing of Transparent Ceramic Structures: A Brief Review
  • Innovations & Advancements
  • Researchers Develop Ultrafast High-Temperature Ceramic Sintering Method
  • Researchers Develop Er3+-doped CaF2 Transparent Ceramics
  • Addition of Magnesium Impacts Transparent Ceramics’ Optical Properties and Structure
  • NRL Develops Improved Processes
  • UCLA-Led Research Team Develops Technically Advanced Ceramic Aerogels
  • German-Japanese Research Team Utilize Transparent Silicon Nitride to Produce Ultra-Hard Disc
  • Researchers at Jülich IEK Develop Yttria-Coated Transparent Zirconia Ceramics
  • FEFU Research Team Seeks to Further Improve Understanding about Reactive Sintering of Transparent Ceramics
  • Advanced Research Brings Forward Sol-Gel Method as Viable Approach for Producing Transparent Glass-Ceramics
  • CeramTec and DESKO Develop High-Speed, Rugged Scanner Glass Using Transparent Ceramics
  • Murata Manufacturing Develops Ba(Mg,Ta)O3-Based Transparent Ceramics
  • Surmet Intends to Further Improve ALON Project
  • MagSpin Develops Mg­spinel Hi-Tech Transparent Ceramic Glass for Smart Devices
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Transparent Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 2: World 8-Year Perspective for Transparent Ceramics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2023 & 2030
  • TABLE 3: World Recent Past, Current & Future Analysis for Monocrystalline Transparent Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 4: World 8-Year Perspective for Monocrystalline Transparent Ceramics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Polycrystalline Transparent Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 6: World 8-Year Perspective for Polycrystalline Transparent Ceramics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 8: World 8-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 9: World Recent Past, Current & Future Analysis for Sapphire by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 10: World 8-Year Perspective for Sapphire by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Yttrium Aluminum Garnet (YAG) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 12: World 8-Year Perspective for Yttrium Aluminum Garnet (YAG) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Aluminum Oxynitride by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 14: World 8-Year Perspective for Aluminum Oxynitride by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 15: World Recent Past, Current & Future Analysis for Spinel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 16: World 8-Year Perspective for Spinel by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Other Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 18: World 8-Year Perspective for Other Materials by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Optics & Optoelectronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 20: World 8-Year Perspective for Optics & Optoelectronics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 21: World Recent Past, Current & Future Analysis for Aerospace, Defense & Security by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 22: World 8-Year Perspective for Aerospace, Defense & Security by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Mechanical/Chemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 24: World 8-Year Perspective for Mechanical/Chemical by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Sensors & Instrumentation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 26: World 8-Year Perspective for Sensors & Instrumentation by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 27: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 28: World 8-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Consumer Goods/Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 30: World 8-Year Perspective for Consumer Goods/Electronics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 31: World Recent Past, Current & Future Analysis for Energy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 32: World 8-Year Perspective for Energy by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 33: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 34: World 8-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2023 & 2030
  • TABLE 35: World Transparent Ceramics Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • CANADA
  • JAPAN
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • EUROPE
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • FRANCE
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • AUSTRALIA
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • INDIA
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Transparent Ceramics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Kyocera Corporation
  • Schott AG
  • Morgan Advanced Materials PLC
  • American Elements
  • NGK Insulators Ltd.
  • Saint-Gobain Ceramic Materials
  • II-VI Optical Systems
  • Meller Optics, Inc.
  • Superior Technical Ceramics Corporation (STC)
  • Surmet Corporation
  • Shanghai Siccas High Technology Corporation
  • Xiamen Innovacera Advanced Materials Co., Ltd.