Optical Ceramics Market is expected to reach $476.89 million by 2027 growing at a CAGR of 17.1% during 2018 to 2027.

Some of the key players in Optical Ceramics Market include Ceramtec, Schott AG, Murata, Kyocera, Advanced Ceramic Manufacturing, II-VI Optical Systems, Mcdanel Advanced Ceramic Technologies , Siccas , Cilas, Rayotek Scientific Inc. and Applied Ceramics.

Gaithersburg, Maryland, United States – September 9, 2019 /MarketersMedia/ —

Growing usage in aerospace industry and increasing defence expenditure on advanced materials and technologies are the driving factors influence the market growth. However, huge cost of optical ceramics may hinder the growth of the market.

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Optical ceramics may be defined as transparent polycrystalline materials that could be used in place of single crystal scintillators. The advantage of optical ceramics is the possibility of production of reasonably priced and large sized materials for large area detection. Optical ceramics are replacing glass, plastics and metals at a rapid pace and thus, catching the world’s attention.

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By Material, Sapphire segment has a growing prominence due to growing demand in medical applications, easy availability and presence of a large number of manufacturers of this material. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rising manufacturing sector and low-cost labor in this region.

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Types Covered:
• Polycrystalline Optical Ceramics
• Monocrystalline Optical Ceramics

Materials Covered:
• Aluminum Oxynitride
• Ceramic Yttrium Aluminum Garnet (YAG)
• Spinel
• Sapphire
• Single-Crystal Aluminum Oxide
• Phosphor
• Other Materials

Applications Covered:
• Passive Devices
• Active Devices

End Users Covered:
• Aerospace, Defence and Security
• Optics & Optoelectronics
• Consumer goods
• Energy
• Sensors and Instrumentation
• Healthcare
• Mechanical/Chemical
• Electronics & Semiconductors

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/optical-ceramics-market-is-expected-to-reach-47689-million-by-2027-growing-at-a-cagr-of-171-during-2018-to-2027/88916975

Source: MarketersMedia

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