TMCnet News
Global Ceramic Packaging Market 2019-2023| Significant Growth of Consumer Electronics Industry to Boost Growth| TechnavioThe global ceramic packaging market size is poised to reach USD 5.23 billion by 2023, according to a new report by Technavio, progressing at a CAGR of over 6% during the forecast period. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190918005600/en/ 
Technavio has announced its latest market research report titled global ceramic packaging market 2019-2023. (Graphic: Business Wire) "The growing trend of miniaturization in the electronic industry, along with the expansion of telecommunication networks are some major factors that are expected to boost market growth during the forecast period," says a senior analyst at Technavio. Request Free Sample Pages The market is driven by the significant growth of the consumer electronics industry. In addition, the increasing use of electronics in automobiles is anticipated to further boost the ceramic packaging market during the forecast period. Technological advances, such as Internet of Things (IoT) and cloud-based storage, have significantly increased the consumption of consumer electronics products such as multimedia devices, smartphones, and other electronic devices and gadgets. Thus, the ever-increasing sales of smart devices and consumer electronics products will increase the consumption of electronic components and parts during the forecast period, which in turn will boost the demand for ceramic packaging. Furthermore, the demand for ceramic packaging is witnessing a significant increase from the automotive industry owing to the rapid use of electronic components in various automotive parts. The increasing demand for safety features, comfort, stability, and high performance is driving electrification in automobiles. The increasing use of ceramic packaging in applications such as airbag assemblies, semiconductors, printed circuit boards, microchips, micro-electro-mechanical sytems, autonomous cruise control, and automatic emergency braking systems will drive the global ceramic packaging market during the forecast period. For More Information: Request Free Sample Pages The report includes detailed profiles of the leading companies & prominent vendors of the market:
Market Segmentation by Category and Product Types: The Ceramic Packaging Market can be broadly categorized into the following:
Key Regions for the Ceramic Packaging Market: Featuring a breakdown of region wise market shares until 2019.
Some of the key topics covered in the report include: Market Landscape
Market Sizing
Vendor Landscape
Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report Related Reports on Materials Market are: Polyamide Resins Market - Global Polyamide Resins Market by type (reactive polyamide resins and non-reactive polyamide resins) and geography (APAC, Europe, MEA, North America, and South America). Electronic Adhesives Market - Global Electronic Adhesives Market by material (silicone adhesives, polyurethane adhesives, acrylic adhesives, epoxy adhesives, and others), product (electrically conductive adhesives, thermally conductive adhesives, UV curing adhesives, and others), application (surface mounting, conformal coatings, wire tacking, and potting and encapsulation), and geography (APAC, Europe, MEA, North America, and South America). About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at [email protected]. View source version on businesswire.com: https://www.businesswire.com/news/home/20190918005600/en/ |
