Electronic Ceramics Market Size 2023 to 2032

The global electronic ceramics market was valued at around USD 10.9 billion in 2023 and is anticipated to register a CAGR of over 7.2% between 2024 and 2032. The demand for electronic ceramics is driven by the rapid growth of advanced technologies like 5G, IoT, and AI, which require high-performance materials for electronic components.

To get key market trends

Increasing adoption of smart devices, sensors, and wearables boosts the need for ceramic capacitors, resistors, and inductors. In the automotive sector, the shift towards electric vehicles (EVs) fuels demand for ceramics in battery management systems and power electronics. Additionally, growing healthcare applications, such as in medical devices and diagnostic equipment, contribute to market growth. Rising demand for energy-efficient and miniaturized electronic components further supports expansion. Thus, the market is expected to attain a market value of over USD 20.2 billion by 2032.

Electronic Ceramics Market Report Attributes

Growth Drivers:

• Rising demand for 5G and IoT devices
• Expansion of electric vehicles (EVs)
• Growing medical device industry

Pitfalls & Challenges:

• High production costs

What are the growth opportunities in this market?

High production costs are a significant pitfall in the market due to the intricate manufacturing processes required to achieve the desired properties like high-temperature resistance, durability, and electrical insulation. These processes often involve expensive raw materials, such as rare earth elements, and energy-intensive steps like high-temperature sintering. Additionally, precision in production is essential, further driving up operational costs. For manufacturers, these elevated costs can reduce profitability and make it challenging to compete with alternative materials. This cost barrier may also limit the adoption of electronic ceramics in price-sensitive applications.

Electronic Ceramics Market Trends

The electronic ceramics industry is witnessing key trends driven by technological advancements and increased demand for miniaturized, high-performance components. There is a growing shift toward multilayer ceramic capacitors (MLCCs), which are essential in smartphones, 5G infrastructure, and automotive electronics. The adoption of ceramic materials in electric vehicles (EVs) for power electronics and energy storage systems is also expanding. Additionally, innovations in ceramic-based sensors and actuators are boosting applications in healthcare and industrial automation. Sustainability concerns are pushing manufacturers to explore eco-friendly production methods and recyclable ceramic materials.

Electronic Ceramics Market Analysis

Electronic Ceramics Market Size, By Product, 2021 - 2032 (USD Billion)

Based on product, the market is divided into:

• Ferroelectric ceramics
• Piezoelectric ceramics (Dominant with USD 5.1 billion in 2023, expected to reach USD 10 billion by 2032)
• Pyroelectric ceramics
• Others

Their ability to convert mechanical energy into electrical signals makes them crucial in sensors, actuators, and transducers used in automotive, healthcare, and consumer electronics. With the rise of IoT and smart devices, piezoelectric ceramics are in high demand for components like microphones, ultrasound devices, and vibration sensors. Additionally, their efficiency in energy harvesting solutions, such as powering small electronic devices, further enhances their appeal.

Electronic Ceramics Market Revenue Share, By End User (2023)

Based on end user, the electronic ceramics market is categorized into:

• Home appliances & consumer electronics (38% market share in 2023, projected to grow through 2032)
• Healthcare
• Automotive & transportation
• Telecommunication & power transmission
• Others

Home appliances & consumer electronics are the most popular end-users in the market due to the widespread use of ceramic components like capacitors, resistors, and sensors in everyday devices. The rapid growth of smartphones, laptops, and wearable gadgets has driven substantial demand for ceramic-based components that ensure efficient performance and miniaturization. Additionally, smart home technologies, including smart TVs, washing machines, and refrigerators, rely on electronic ceramics for advanced functionalities.

Asia Pacific Electronic Ceramics Market Size, 2021-2032 (USD Billion)

Looking for region-specific data?

Asia Pacific dominated the global electronic ceramics market in 2023, generating a revenue of USD 6.5 billion and expected to reach USD 12.5 billion by 2032. This region's strong presence in electronics manufacturing, particularly in consumer electronics, automotive, and telecommunications, drives market growth. Asia Pacific also has a robust supply chain for raw materials and significant investment in R&D.

Leading Country: China is the largest market player, benefiting from large-scale production facilities, government support for tech innovation, and a rapidly growing consumer electronics market.

Electronic Ceramics Market Share

Electronic Ceramics Market Company Share (2023)
The competitive landscape includes key players contributing to diverse product offerings:

• APC International, Ltd.
• CeramTec Holding GmbH
• Central Electronics Limited
• Kyocera Corporation
• Maruwa Co., Ltd.
• Morgan Advanced Materials
• Murata Manufacturing Co., Ltd.
• PI Ceramics
• Sensor Technology Ltd.
• Sparkler Ceramics Pvt. Ltd.

Companies focus on niche markets while larger firms offer extensive product lines. Innovation and development of advanced ceramics for emerging technologies are emphasized.

Electronic Ceramics Industry News

• May 2024: PI Ceramic launched a new product category called “Piezoceramic Composites,” embedding piezoelectric ceramics within filling polymers.
• April 2021: CeramTec partnered with the Fraunhofer Institute to create ceramic coolers for effective heat dissipation from SiC chips.

The electronic ceramics market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue and volume (USD Billion) (Kilo Tons) from 2021 to 2032 for the following segments:

Market, By Product:

• Ferroelectric ceramics
• Piezoelectric ceramics
• Pyroelectric ceramics
• Others

Market, By End User:

• Home appliances & consumer electronics
• Healthcare
• Automotive & transportation
• Telecommunication & power transmission
• Others

Regional Coverage:

• North America (U.S., Canada)
• Europe (Germany, UK, France, Italy, Spain, Russia, Rest of Europe)
• Asia Pacific (China, India, Japan, Australia, Malaysia, Indonesia, South Korea, Rest of Asia Pacific)
• Latin America (Brazil, Mexico, Rest of Latin America)
• MEA (Saudi Arabia, South Africa, UAE, Kuwait, Rest of MEA)