Market Share of Optical Ceramics Industry
The optical ceramics market is fragmentedwith several manufacturers, as they strive to maintain a competitive edge in the market, thereby intensifying the competition in the market. Various innovations are taking place in the market, thus enhancing the growth of the optical ceramics market.
- March 2019 - Murata expanded its production facility in Okayama, Japan. The expansion helped in increasing the production capacity of ceramics to meet the increased demand for electronic components used in smartphones and other devices. This will play a significant role in strengthening the product portfolio of the company and emerge as a key manufacturer of optoelectronic components in the near future.
- June 2018 - Kyocera set up a new manufacturing plant for ceramic microelectronic packages in Kagoshima, Japan. This new facility, which Kyocera plans to make operational in August 2019, will bring a 25% increase in the company's total production capacity for ceramic packages and allow the company to expand production for other items depending on future needs.
Optical Ceramics Market Leaders
CeraNova Corporation
Ceramtec GmbH
Surmet Corporation
CoorsTek Corporation
Murata Manufacturing Co. Ltd.
*Disclaimer: Major Players sorted in no particular order
