DUBLIN–(BUSINESS WIRE)–The “North America Automotive Ceramics Market By Application (Passenger Vehicles and Commercial Vehicles), By Material (Alumina, Zirconia and Other Material), By Country, Industry Analysis and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering.
The North America Automotive Ceramics Market is expected to witness market growth of 7.3% CAGR during the forecast period (2020-2026).
The growing demand for electronics applications in automobiles in the coming years is expected to accelerate the growth of automotive ceramics. Advanced ceramics find uses in-vehicle alarms, LED & substrates, arc tubes, and spark plugs. For cars, electronic devices and sensors are important for handling information and operating the systems, such as ASR and ABS.
Demand in the country is powered mainly by large-scale vehicle and automobile part manufacturing. According to the International Organization of Manufacturers of Motor Vehicles, in 2019 approximately 10.8 million cars were manufactured in the USA. The country’s automotive industry has seen adverse growth compared to 2018, owing to global recession and speculation over trade.
Nevertheless, the U.S. is expected to remain an attractive market for suppliers of automotive ceramics in the long term. Increasing sales of SUVs and trucks in the country is another aspect that is expected to affect consumer demand. Their reliability, agility, and affordability are some of the reasons driving the demand for SUVs.
The region of North America is projected to see substantial development during the coming years. Stringent fuel emission regulations by the national governments are expected to attract demand for ceramics. For example, it is compulsory for cars to obtain a US EPA permit, as per the Canadian pollution regulations. It is expected to drive the market for lightweight products like ceramics, plastics, and aluminum.
Companies Profiled
- Kyocera Corporation
- Saint-Gobain Group
- Corning, Inc.
- 3M Company
- CeramTec GmbH
- Morgan Advanced Materials PLC
- IBIDEN Co., Ltd.
- NGK Spark Plug Co., Ltd.
- CoorsTek, Inc.
- Elan Technology, Inc.
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Automotive Ceramics Market by Application
3.1 North America Passenger Vehicles Market by Country
3.2 North America Commercial Vehicles Market by Country
Chapter 4. North America Automotive Ceramics Market by Material
4.1 North America Alumina Market by Country
4.2 North America Zirconia Market by Country
4.3 North America Other Material Market by Country
Chapter 5. North America Automotive Ceramics Market by Country
5.1 US Automotive Ceramics Market
5.2 Canada Automotive Ceramics Market
5.3 Mexico Automotive Ceramics Market
5.4 Rest of North America Automotive Ceramics Market
Chapter 6. Company Profiles
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