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.
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.
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
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
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- 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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