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Germany Ceramic Matric Composites (CMC) Market Size, Share & Trends Analysis Report, By Product Type (Silicon Carbide Reinforced Silicon Carbide, Oxides/Oxides, Carbon/Carbon Composites, and Others), By End-Use Industry (Automotive, Aerospace & Defense, Energy & Power, and Electrical & Electronics) and Forecast, 2019-2025
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Orion Market Research Germany Ceramic Matric Composites (CMC) Market: Industry Growth, Size, Share and Forecast 2019-2025 Request a Free Report on Sample of Germany CMC Market @ https://www.omrglobal.com/request- sample/germany-ceramic-matric-composites-cmc-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
Germany ceramic matrix composites (CMCs) market is expected to grow at a CAGR of 9.9% during the forecast period. Germany is the largest economy in Europe and the 5th largest economy globally. According to Germany Trade and Invest, all the premium branded vehicles manufactured globally, 70% are German OEM manufactured. Moreover, within Europe, more than 80% are German badged vehicles among which more than 70% are being manufactured in Germany. The major brands which are German based include Audi, BMW, Ford, Iveco, MAN, Mercedes, Opel, Porsche, and Volkswagen. Along with OEM, the country has a well-renowned supplier base which supplies its products across the globe. Some of the major suppliers include Bosch, Continental, ZF TRW, BASF SE, Mahle GmbH, Thyssen Krupp. CMC finds a significant application in ducting, manifold, high-grade tubing, exhaust system, exhaust lagging and so on. It is expected to create a significant market for CMC in the country. A full Report of Germany CMC Market at https://www.omrglobal.com/industry-reports/germany- ceramic-matric-composites-cmc-market In 2017 the country was the second-largest aviation market in Europe by passenger carried however Turkey took over the country in 2018. As per the Eurostat, around 222 million passengers recorded Germany in 2018, increased by 4.7% in 2017. As a result, new aeroplanes orders were reported in the country. For instance, Germany's Lufthansa ordered new 40 commercial planes in March 2019. The company approved the purchase of 20 Boeing 787-9 planes and 20 Airbus A350-900s. The planes will be delivered by 2022 and 2023. This leads to the demand for CMC components in aircraft as these are lightweight and can withstand much higher temperatures. Request a Free Report on Sample of Germany CMC Market @ https://www.omrglobal.com/request- sample/germany-ceramic-matric-composites-cmc-market Some crucial players in the market include CeramTec GmbH, Rolls-Royce Holdings plc, General Electric Co., SGL Carbon SE, and Safran Group. These players are focusing on product launches, mergers and acquisitions, and partnerships and collaborations, to expand market share and gain a competitive advantage over their competitors. For instance, in May 2019, SGL Carbon SE entered into a partnership agreement with UK’s National Composites Centre for the development of composite materials, components and manufacturing technologies. This partnership will allow the company to set a footprint in the UK. Germany CMC Market Segmentation By Product Type Silicon Carbide Reinforced Silicon Carbide Oxides/Oxides Carbon/Carbon Composites Others (SIC/C)
By End-Use Industry Automotive Aerospace & Defense Energy & Power Electrical & Electronics Company Profiles 3M Co. BJS Ceramics GmbH CeramTec GmbH General Electric Co. Rolls-Royce Holdings plc Safran Group SGL Carbon SE WPX Faserkeramik GmbH For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/germany-ceramic-matric-composites-cmc-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. AnuragTiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404