Global Machined Ceramics & Glass-ceramics (MCG) Market by Type (Conventional Machining, CNC Machining, Other Machining), By Application (Aerospace, Defense, Medical, Semiconductor, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global machined ceramics & glass-ceramics (MCG) market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for MCG from various end-use industries such as aerospace, defense, medical, semiconductor and others. In terms of type, conventional machining is expected to hold a major share of the market during the forecast period. However, CNC machining is projected to grow at a higher rate than other types during the forecast period. In terms of application, aerospace is expected to hold a major share of the global MCG market in 2018.



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Product Definition:

Machined ceramics and glass-ceramics are materials that have been manufactured by shaping, grinding, and polishing natural or synthetic ceramic or glass materials. They are used in a wide variety of industries, including medical implants, semiconductor processing equipment, and aerospace components.

Conventional Machining:

conventional machining is the process of using conventional tools and machines to manufacture products. In this process, the material is cut by a high speed steel or cast iron cutting tool which is then transferred to another location for finishing operations. The product manufactured in this manner includes glass-ceramics (MCG) and ceramic matrix composites (CMC).

The global conventional machining market size was valued at USD 8,64 billion in 2016.

CNC Machining:

CNC machining is a process in which computer control is used to direct the movement of tool or work piece on the material. CNC machines are highly accurate and provide high quality output as compared to other conventional manufacturing methods. The advent of technology has led to an increase in demand for precision, where previously manual-controlled machines were adequate; today’s automated machinery demand higher accuracy levels and more complex processes.

Application Insights:

The aerospace sector accounted for the largest share in terms of revenue and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing production rates of commercial aircraft by major players such as Airbus, along with defense aircraft manufactured using MCG technology. In addition, growing demand from other sectors such as defense is expected to drive the market over the coming years.

MCG offers several advantages including high wear resistance, low friction coefficient, high thermal stability and excellent dimensional stability which make it suitable in numerous applications across various industries including automotive & transportation and medical devices among others. However, there are certain application areas where conventional machining techniques cannot be used due to properties that these materials offer such as wear resistance when they get hot or cold or if they are subject to pressure changes etc.

Regional Analysis:

Asia Pacific dominated the global market in terms of revenue with a share of over 40% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries, such as aerospace and defense, automotive, electronics and medical sectors. In addition, rising investments by regional players for developing new products are likely to drive industry expansion.

The growing manufacturing sector in emerging economies including China and India coupled with favorable government policies aimed at promoting domestic production is anticipated to augment industry development across Asia Pacific during the forecast period. Furthermore, rapid industrialization along with infrastructure development has led to an increase in construction activities which will further propel product demand across this region during the forecast period.

Europe accounted for a major share of revenue after Asia Pacific due its well established aerospace & defense sector along with automobile production base located primarily in Germany France Italy.

Growth Factors:

Increasing demand from the medical industry for implantable devices and prosthetics made of MCG
Growing popularity of MCG in the automotive industry as a lightweight and durable material for components such as brake pads, clutch plates, and exhaust systems
Rising demand from the electrical and electronics industry for insulators, semiconductor substrates, and other electronic components
Increasing use of MCG in construction applications as a replacement for traditional materials such as concrete and marble
Technological advancements that have led to the development of new grades of MCG with improved properties


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Scope Of The Report
Report Attributes
Report Details
Report Title
Machined Ceramics & Glass-ceramics (MCG) Market Research Report
By Type
Conventional Machining, CNC Machining, Other Machining
By Application
Aerospace, Defense, Medical, Semiconductor, Other
By Companies
Elan Technology, Insaco, Applied Ceramics, Zygo Corporation, Rayotek Scientific, Precision Ceramics, Microbas Precision, Bullen Ultrasonics, Ortech Advanced Ceramics, Microcertec SAS, Top Seiko, Multi-lab, Ceramic Substrates and Components, Agate Products Ltd, Wuxi Creative Ceramic, 3ERP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.

Global Machined Ceramics & Glass-ceramics (MCG) Market Report Segments:
The global Machined Ceramics & Glass-ceramics (MCG) market is segmented on the basis of:
Types
Conventional Machining, CNC Machining, Other Machining
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Defense, Medical, Semiconductor, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Elan Technology
Insaco
Applied Ceramics
Zygo Corporation
Rayotek Scientific
Precision Ceramics
Microbas Precision
Bullen Ultrasonics
Ortech Advanced Ceramics
Microcertec SAS
Top Seiko
Multi-lab
Ceramic Substrates and Components
Agate Products Ltd
Wuxi Creative Ceramic
3ERP



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Highlights of The Machined Ceramics & Glass-ceramics (MCG) Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Conventional Machining
CNC Machining
Other Machining
By Application:
Aerospace
Defense
Medical
Semiconductor
Other
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Machined Ceramics & Glass-ceramics (MCG) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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