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Westford, USA, Feb. 01, 2023 (GLOBE NEWSWIRE) — Asia Pacific is projected to take a huge leap in terms of revenue share due to major steps by several governments to boost smart city projects. The growth of the building and construction industry, where ceramics are widely utilized in bricks, sanitary ware, and tiles, is predicted to be the main driver of the ceramics market. In addition, ceramics are also in demand in sectors including the automobile and healthcare industries. Biocompatible ceramics, often known as bio-ceramics, are applicable in the medical industry for tooth replacement, surgical bone implants, and bone reconstruction.
SkyQuest’s global research shows ceramic witnessed a dollar sales growth of 8.4% to $3.245 billion (excluding flooring) in 2021 from $2.728 billion in 2020. Over the projected year, the range of ceramics applications in numerous sectors is anticipated to fuel market growth.
Browse in-depth TOC on “Ceramics Market”
- Pages – 239
- Tables – 93
- Figures – 73
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Ceramics are non-metallic, inorganic solids generated through heating and cooling, similar to glass creation. Some materials are considered glass and ceramic because of their amorphous or non-crystalline nature. Like other materials, the kinds of atoms present, their types, and their configurations in the substance define the properties of ceramic materials. Materials from the mining and chemical sectors are used to make components, consumer goods, specialist industry and research materials, and construction materials.
Prominent Players in Ceramics Market
- Kyocera Corporation (Japan)
- Coors Tek Inc. (US)
- CeramTec GmbH (Germany)
- Morgan Advanced Materials Plc (UK)
- Saint-Gobain Ceramic Materials (US)
- Ceradyne, Inc. (US)
- McDanel Advanced Ceramic Technologies (US)
- Murata Manufacturing Co., Ltd. (Japan)
- Rauschert Steinbach GmbH (Germany)
- ENrG Inc. (US)
- Mantec Technical Ceramics Ltd. (UK)
- Central Electronics Limited (India)
- Maruwa Co.Ltd. (Japan)
- Sensor Technology Ltd (UK)
- PI Ceramics (Germany)
- APC International Ltd. (US)
- Sparkler Ceramics Pvt. Ltd. (India)
Browse summary of the report and Complete Table of Contents (ToC):
Traditional Segment to Register Higher Growth Rate Thanks to Its Increasing Application Scope
The traditional category led the ceramics market with around 54.5% of the overall revenue in 2022. With the increased usage of traditional ceramics in producing clay bricks, tableware, and porcelain tiles, the segment has experienced rapid expansion in recent years. It is predicted to continue dominating the market throughout the projection period. Clay, feldspar, and silica (quartz) are the typical materials used to make ceramics. In various combinations, these minerals are utilized to manufacture ceramic tiles and other final ceramic goods.
Asia Pacific led the market in 2022, accounting for the dominant share in the ceramic market, thanks to increasing product penetration in the construction sector. Product demand in the region is expected to rise due to technological improvements in this industry and the growing need for better designs. China accounted for a major market in the Asia Pacific, owing to changing customer preferences for residential renovations and greater adoption of interior materials in commercial buildings such as business centers, malls, clubs, and restaurants.
Tiles Segment to Drive Substantial Revenue due to Huge Utilization in Commercial Projects
In terms of revenue, the tiles category dominated the market and accounted for 43% of it in 2022. Such growth can be attributed to rising commercial building construction activity globally. Ceramics are frequently used in medical hallways, corridors, operating rooms, health facilities, clinics, and other commercial settings like hospitality, healthcare, and retail. Typically, these tiles are employed to enhance commercial and cultural facilities’ aesthetics and acoustic and thermal insulation.
North America is anticipated to grow substantially at a CAGR of 17.3% owing to rising consumer disposable income in several emerging nations in the region, which leads to the adoption of new construction technologies. In addition, urbanization, population growth, and remodeling projects in commercial and cultural districts to improve their acoustics are projected to boost product demand throughout the forecast years.
The value chain analysis of the ceramics market is extensively included in the market study, which vendors can use to their advantage during the forecast period. It is essential to comprehend the value chain from start to finish to maximize profit margins and assess business strategy. Additionally, the trustworthy information offered in our value chain analysis sector can help vendors save costs and enhance customer service.
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Key Developments in Ceramics Market
- A worldwide renowned company known for its expertise in the ceramics and related products segments, Somany Ceramics Limited, is regarded as a leader in design and innovation. With the opening of its SOMANY Duragres Lounge in Rishikesh, Uttarakhand, the company, which is a pioneer in the sector and is present throughout India, is starting to expand there (Saraswati Marble).
- The acquisition of Technology Assessment and Transfer, Inc. by SINTX Technologies, Inc., an original equipment manufacturer of advanced ceramics, will further expand SINTX’s capabilities in the aerospace, defense, and biomedical markets. The company’s technology and goods include sophisticated fiber-reinforced ceramic-matrix composites, various technical ceramics, chemical vapor infiltration and deposition, and 3D printing of ceramic medical equipment and heat exchangers.
- Momentive Technologies, a global supplier of advanced materials with its headquarters in Strongsville, Ohio, USA, announced that it has successfully acquired the crucibles division of CoorsTek. With the help of this acquisition, Momentive Technologies will be able to offer a full spectrum of crucible sizes to its semiconductor wafer and fabrication customers to meet their needs for advanced materials. Materials are melted and processed in crucibles at extremely high temperatures. For example, silicon material is carefully processed in quartz crucibles to create single- or poly-crystalline silicon ingots, which are eventually transformed into semiconductor wafers.
- The Spanish Ceramic Tile Manufacturer’s Association has announced intentions to introduce its region-focused ceramic tile brand, Tile of Spain, throughout the GCC. So it is with the response to rising demand for environmentally friendly living and working spaces in the area. The regional interior design market is developing as a growth driver, driven by a recovering economy and a growing need for sustainable living and working places.
Key Questions Answered in Ceramics Market Report
- What is the projected market size and CAGR of the ceramics market?
- What are the key driving forces and major hurdles for the global market?
- Which segments are extensively studied during the market research?
- Who are the most prominent players successfully operating in the global market?
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Belgian Commitment to Partnership Supports a New Frontier of Europe-US Space Research
BRUSSELS, Dec. 10, 2023 /PRNewswire/ — Belgian Prime Minister Alexander De Croo has travelled to Houston, United States, to meet Raphaël Liégeois, the Belgian career astronaut selected as part of the European Space Agency (ESA) astronaut class of 2022. De Croo’s visit coincides with the ESA cohort’s familiarisation trip to NASA’s Johnson Space Centre, which is the precursor to a further two years of training, delivered in Houston, to prepare the astronauts for their respective missions on the International Space Station. The visit signals a new phase of the long-standing collaboration between Europe and the United States on space research and exemplifies Belgium’s commitment to partnerships in facing global challenges.
Belgium’s expertise in aerospace, and in science more generally, is internationally recognised – in terms of both training and industry. Belgium is a founding member of the ESA and its fifth-largest funder. The country’s support of the ESA shows its commitment to shaping the development of Europe’s space capability and ensuring that investment in space continues to deliver benefits to the citizens of Europe and the world.
“For Belgians, the sky isn’t the limit, the universe is,” said De Croo. “Today, we are very proud to see Raphaël take this important step in his career as an astronaut. He will be an important role model for many generations of STEM students to come. Space research and innovation hold particular importance for Belgium; they are powerful economic drivers which foster the growth of high-tech industries and create jobs – as evidenced by the number of Belgian companies on the cutting edge of aeronautics.”
The 17 members of the ESA astronaut class of 2022 were selected from a pool of over 23,000 applicants. The process, designed to bring together the finest scientific minds that Europe has to offer, took place over a period lasting 18 months.
The selection of Raphaël Liégeois is testament to Belgium’s focus on embracing openness, driven by innovation, partnerships, and diversity, to create solutions that drive progress for all.
Located in the heart of Europe, Belgium is one of the most open economies in the world, counting 11.5 million people with a reputation for innovation, hard work, partnership, and multilingualism. Strategically located between Germany, the Netherlands, France, and Luxembourg, and only a stone’s throw from the UK, it lies at the centre of the richest and most densely populated area in Europe. A member of the European Union, Belgium enjoys full access to the world’s most advanced single market and customs zone which ensures extensive frictionless trade.
Belgium boasts a highly developed transport infrastructure, including the second largest seaport in Europe (Antwerp). Belgium is home to world-leading research and innovation facilities, multinational corporations, and artisanal businesses supported by the investor-centric approach of public services.
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Savory & Partners: Digital Nomad Visas Sparking a Migration Boom
DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.
A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit www.savoryandpartners.com.
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research
The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.
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Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Market Size in 2022
Market Size in 2032
No. of Pages in Report
Range, End User, Distribution Channel, and Region
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Less adoption in developing markets
Regular maintenance and repair costs
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The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
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Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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