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US 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<br>
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Orion Market Research US Ceramic Matric Composites (CMC) Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our Report on US Ceramic Matric Composites (CMC) Market: https://www.omrglobal.com/request-sample/us-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, +91 780-304-0404
The US ceramic matrix composites (CMCs) market is expected to grow at a CAGR of 8.4% during the forecast period. The US is considered to hold the major share in the US CMC market owing to its adoption in various applications such as aerospace and defense, power generation applications, aircraft applications, space applications, and others. The aerospace industry in the US is the largest across the globe as per the International Trade Administration (ITA). The US aerospace manufacturers are quite competitive internationally. In 2018, the industry contributed $151 billion in export sales to the US economy. At the end of 2018, the inward stock of foreign direct investment (FDI) into the US aerospace manufacturing industry totaled nearly $22 billion. There is a huge scope for CMCs in the aerospace industry in commercial aircraft, military aircraft, and space segments. Get Free Sample Copy @ https://www.omrglobal.com/request-sample/us-ceramic-matric- composites-cmc-market One of the CMC part manufacturers in the region is GE Aviation. The company in 2017 announced its plan of having more than 750 US employees dedicated to its CMC industry by 2020. In just 10 years, the company has spent over $1.5 billion for bringing advanced CMC technology to market. Further, in March 2018, GE Aviation invested around $105 million in its CMC components manufacturing plant in Asheville, North Carolina, US, for meeting the growing product demand. A Full Report of US Ceramic Matric Composites (CMC) Market is Available at: https://www.omrglobal.com/industry-reports/us-ceramic-matric-composites-cmc-market The players in the market include General Electric Co., United Technologies Corp., and Axiom Materials, Inc. These players are adopting several strategies to expand market share and gain a competitive advantage over their competitors. Market Segmentation US CMC Market by Product Type •Silicon Carbide Reinforced Silicon Carbide •Oxides/Oxides
•Carbon/Carbon Composites •Others (SIC/C) US CMC Market by End-Use Industry •Automotive •Aerospace & Defense •Energy & Power •Electrical & Electronics Company Profiles •3M Co. •Applied Thin Films, Inc. •Axiom Materials, Inc. •Bullen Ultrasonics •CeramTec GmbH •COI Ceramics, Inc. •CoorsTek, Inc. •General Electric Co. •Lancer Systems •Touchstone Advanced Composites (TAC) •Ultramet, Inc. •United Technologies Corp. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/us-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.
Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404