Automotive Ceramic Substrates Market: Introduction
Automotive Ceramic Substrates, precisely, are ceramics which are made use of by automotive ancillary manufacturers in the fabrication of useful automotive parts. A number of types of automotive ceramic substrates are used in the manufacture of engine parts and sophisticated electronic systems present on board today’s automobiles. Example of critical components which make use of automotive ceramic substrates are spark plugs, catalytic converters, sensors, and catalyst supports among others. One of the important areas where automotive ceramic substrates find application is in the design and control of automotive safety features. Automotive ceramic substrates are used in conjunction with piezo-ceramic sensors in automobiles. The piezo-ceramic sensors used in automobiles provide electronic control systems with information regarding the engine’s quiet operation, position, and changes in direction. Electronic components manufactures by automotive ceramic substrates act upon the information received and activate safety systems as and when necessary. Automotive ceramic substrates are also used in automobile lighting systems such as halogen, xenon, and LED lights in order to improve visibility under dark conditions.
One of the major developments in the automotive ceramic substrate industry is the use of automotive ceramic substrates in automotive electronic components. Some of the automotive ceramic components make use of micro automotive ceramic substrates, which in certain cases are smaller than the tip of a pencil. An example of such a use of automotive ceramic substrates is in the fabrication of passive timing devices.
Automotive ceramic substrate based electronic components used in automobiles are cost effective and can be produced in large volumes to meet the increasing demand from automobile manufacturers. In addition, automotive ceramic substrates are also being used extensively in automotive safety, entertainment and communication systems. Automotive ceramic substrates also find application in the next generation of cars which include autonomous and hybrids.
Market Dynamics - Automotive Ceramic Substrates Market:
The rising demand for next generation and technically advanced automobiles is one of the factors which is driving the growth of the automotive ceramic substrates market. Ongoing research and development for the manufacture of autonomous and hybrid cars is also fueling the growth of the market. One of the key features possessed by automotive ceramic substrate components is their durability. The ability of automotive ceramic substrates to resist high temperatures and higher thermal efficiency is enabling their use in internal engine components. Further, as automotive ceramic substrates are lighter in weight compared to other alternate materials, automobile manufacturers are looking at increasing usage of automotive ceramic substrates in their products.
One of the key challenges faced by the automotive ceramic substrates market is the lack of highly qualified and experienced workforce which is required to machine automotive ceramic substrates to precise sizes in order to be incorporated in circuit boards and electronic systems found on-board automobiles.
Automotive Ceramic Substrates Market: Market Segmentation
The global automotive ceramic substrates market can be segmented on the basis of type, and application.
On the basis of type, the global automotive ceramic substrates market is segmented into:
On the basis of application, the global automotive ceramic substrates market is segmented into:
Automotive Ceramic Substrates Market: Regional Outlook
On the regional front, the Asia Pacific is the most dominant market for automotive ceramic substrates. This is attributed, primarily, due to the high number of automobile manufacturers in the region coupled with the large number of automotive ceramic manufacturers. Europe is expected to be the other dominant market for automotive ceramic substrates owing to the presence of a large number of automotive manufacturers based in countries such as France, Germany, and Italy. North America is expected to showcase growth due to the research and development being carried out in the region with respect to autonomous vehicle control systems.
Automotive Ceramic Substrates: Key Market Participants
Some of the key market participants in the global automotive ceramic substrates market are:
The automotive ceramic substrates market research report presents a comprehensive assessment of the automotive ceramic substrates market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The automotive ceramic substrates market research report provides analysis and information according to market segments such as geographies, end use operation and application.
The Automotive Ceramic Substrates market report covers exhaustive analysis on:
Regional analysis of the Automotive Ceramic Substrates Market includes:
The Automotive Ceramic Substrates market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of Automotive Ceramic Substrates market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Automotive Ceramic Substrates market report also maps the qualitative impact of various market factors on market segments and geographies.