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. 

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. 

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. 

Research Methodology

The market study of the Germany CMC market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. Germany CMC Market Research and Analysis, By Product Type
2. Germany CMC Market Research and Analysis, By End-Use Industry

The Report covers:

• Comprehensive research methodology of the Germany CMC market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Germany CMC market.
• Insights about market determinants which are stimulating the Germany CMC market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.