Global Ceramic Matrix Composites (CMC) Market 2019-2023: Increase in R&D Activities / Rising Investment in Defense Industry / Growth of Renewable Industry

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Mar 05, 2019, 09:45 ET

DUBLIN, March 5, 2019 /PRNewswire/ -- The "Global Ceramic Matrix Composites (CMC) Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The ceramic matrix composites (CMC) market will register a CAGR of almost 10% by 2023.

The growing demand for ceramic matrix composites from developing countries is expected of fuel the market growth. Countries such as China, Singapore, India, and Thailand are increasingly adopting fuel-efficient ceramic matrix composite-based aircraft engines. Improved standard of living, liberalization, open market, and industrialization are some of the major factors contributing to the growth of trade and commerce in these countries.

The use of ceramic matrix composite engines helps in improving the fuel efficiency, thereby reducing the operational cost of aircraft. The growth of the e-commerce industry for business-to-consumer (B2C) delivery of retail purchases is also expected to foster the demand for freight transportation.

Market Overview

Rise in preference for lightweight and fuel-efficient vehicles

Fuel emission regulations imposed by the US, Germany, the UK, and Canada are likely to drive the demand for ceramic matrix composites. The use of ceramic matrix composites as substitutes for metals and alloys in various automobile components helps in reducing the weight of vehicles. An increase in the preference for fuel-efficient vehicles will drive the adoption of ceramic matrix composites.

Stringent regulations in various applications

Various regulations are implemented in the selection of materials, which are used in the production of aircraft components, to ensure the safety of passengers. The stringent regulations and policies for the approval of ceramic matrix composites in various applications are expected to hinder the market growth.

Competitive Landscape

The market appears to be moderately concentrated and with the presence of limited vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

The key players in the global ceramic matrix composites (CMC) market: CeramTec, COI Ceramics, Inc., GE, Lancer Systems, Rolls-Royce plc, SGL Group.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

Preface

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

Market segmentation by application
Comparison by application
Aerospace and defense - Market size and forecast 2018-2023
Automotive - Market size and forecast 2018-2023
Power and energy - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
Key leading countries
Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 11: MARKET TRENDS

Increase in R&D activities
Rising investment in defense industry
Growth of renewable industry

PART 12: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
CeramTec
COI Ceramics, Inc.
GENERAL ELECTRIC
Lancer Systems
Rolls-Royce plc
SGL Group

PART 14: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/ks4kxk/global_ceramic?w=5

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