Dublin, Nov. 06, 2018 (GLOBE NEWSWIRE) -- The "Transparent Ceramics Market Size, Share & Trends Analysis Report By Material, By Product, By Application (Optics & Optoelectronics, Aerospace, Defense & Security, Sensors), And Segment Forecasts, 2018 - 2024" report has been added to ResearchAndMarkets.com's offering.

The global transparent ceramics market size is expected to reach USD 1.1 billion by 2024

It is projected to expand at a CAGR of 22.4% over the forecast period. Rising demand for optic and optoelectronics is anticipated to fuel the market demand over the forecast period.

Transparent ceramics are defined as inorganic, non-metallic polycrystalline materials that transmit light with wavelengths in the visible electromagnetic spectrum. These inorganic, non-metallic, polycrystalline materials are characterized by light transmission in visible as well as ultraviolet to infrared range of electromagnetic spectrum.

Applications of transparent ceramics include glass, tubes, automobile windshields, electronic gadget displays, sunglasses, and missile domes. The market for transparent ceramics has been segmented into various types according to its application such as optics and opto-electronics, aerospace and defense, healthcare, mechanical/chemical, and other industries.

The market demand is majorly supplemented by rising defense expenditure to implement superior technology and material. Aerospace, defense and security accounted for 22.3% market share in 2015. Increasing in expenditure for new innovations is expected to propel the growth of this industry.

Global market for transparent ceramics is presumed to grow over the next nine years on account of rising demand from numerous end-use industries. The product is used as an alternative to conventional glass technologies in numerous functions such as infrared domes, lasers, armors, and optical fibers. Product segment sapphire held 73% revenue share of the global market in 2015.

Further key findings from the report suggest:

• Optics and optoelectronics was the largest application segment accounting for USD 61.02 million in 2015
• Other applications of transparent ceramics include lighting and display, equipment and machinery, food, agriculture, semiconductors, and transportation
• Monocrystalline transparent ceramics are majorly used in ceramic brackets in dental applications and held 95.2% of the global market
• Asia Pacific emerged as the largest regional market accounting for almost half of the global volume in 2015
• Key players in transparent ceramics market include ETEC, Surmet Corporation, Koito Manufacturing, and Murata Manufacturing Co. Ltd.

Key Topics Covered:

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Transparent Ceramics Industry Outlook
3.1 Transparent ceramics market segmentation
3.2 Transparent ceramics market value chain analysis
3.2.1 Vendor landscape
3.3 Regulatory framework
3.4 Technological overview
3.5 Transparent ceramics market competitive landscape
3.6 Transparent ceramics market dynamics
3.6.1 Market driver analysis
3.6.1.1 Increasing defense expenditure on advance material and technologies
3.6.1.2 Substitute to glass, metal, and plastics
3.6.2 Market restraints analysis
3.6.2.1 High cost of transparent ceramics
3.7 Transparent ceramics market Porter's five forces analysis
3.8 Transparent ceramics market key opportunities prioritized
3.9 Transparent ceramics market raw material analysis
3.10 Transparent ceramics market PESTEL analysis

Chapter 4 Transparent Ceramics Market: Material Estimates & Trends Analysis
4.1 Global transparent ceramics market value share by product, 2015 & 2024
4.2 Sapphire
4.3 Yttrium aluminum garnet
4.4 Aluminum oxynitride
4.5 Spinel
4.6 Others

Chapter 5 Transparent Ceramics Market: Product Estimates & Trends Analysis
5.1 Global transparent ceramics market value share by product, 2015 & 2024
5.2 Monocrystalline transparent ceramics
5.3 Polycrystalline transparent ceramics
5.4 Others

Chapter 6 Transparent Ceramics Market: Application Estimates & Trends Analysis
6.1 Global transparent ceramics market value share by application, 2015 & 2024
6.2 Optics & optoelectronics
6.3 Aerospace, Defense & Security
6.4 Mechanical/Chemical
6.5 Sensors & Instrumentation
6.6 Healthcare
6.7 Consumer
6.8 Energy
6.9 Others

Chapter 7 Transparent Ceramics Market: Regional Estimates & Trends Analysis
7.1 Global transparent ceramics market revenue share by region, 2015 & 2024

Chapter 8 Competitive Landscape

• Konoshima Chemicals Co., Ltd.
• Coorstek Inc.
• Ceramtec ETEC
• Brightcrystals Technology Inc.
• Schott AG
• Surmet Corporation
• Murata Manufacturing Co. Ltd.
• II-VI Optical Systems
• Cilas
• Ceranova Corporation

For more information about this report visit https://www.researchandmarkets.com/research/hx5swl/transparent?w=12

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Related Topics: Ceramics