PUBLISHER: TechNavio | PRODUCT CODE: 1491455
PUBLISHER: TechNavio | PRODUCT CODE: 1491455
The ceramic matrix composites (CMC) market is forecasted to grow by USD 3231.65 mn during 2023-2028, accelerating at a CAGR of 10.93% during the forecast period. The report on the ceramic matrix composites (CMC) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising innovations and government funding in the aerospace industry, technological advancements in the manufacturing processes of CMCs, and growing demand for energy-efficient systems.
Technavio's ceramic matrix composites (CMC) market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 10.34% |
CAGR | 10.93% |
Incremental Value | $3231.65mn |
By Application
By Product
By Geographical Landscape
This study identifies the rise in new CMC product launches as one of the prime reasons driving the ceramic matrix composites (CMC) market growth during the next few years. Also, the growing adoption of chemical vapor infiltration (CVI) and the emergence of fiber-reinforced ceramic composites (FRCCs) will lead to sizable demand in the market.
The report on the ceramic matrix composites (CMC) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ceramic matrix composites (CMC) market vendors including applied thin films inc., Axiom Materials, CeramTec GmbH, CFC Carbon Co. Ltd., COIC, Compagnie de Saint Gobain, Composites United e V, CoorsTek Inc., General Electric Co., Kyocera Corp., LANCER SYSTEMS, Mitsubishi Chemical Group Corp., Rolls Royce Holdings Plc, Safran SA, SGL Carbon SE, Spirit AeroSystems Inc., Starfire Systems Inc., Ube Corp., Ultramet, YuCMC Co. Ltd., 3M Co., National Composites Centre, and TISICS. Also, the ceramic matrix composites (CMC) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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