NGK Insulators Ltd.

Company Snapshot

Founded: 1919
Entity Type: Public
Employees: 19,540
Region: Asia (excluding Japan)
Revenue: $3,833.9 Millions
Revenue Year: 2023
Headquarter: Nagoya, Japan
Key Geographics: Japan, North America, Europe, Other, Asia (excluding Japan)
Corporate Address: 2-56, Suda-cho, Mizuho, Nagoya 467-8530, Japan Tel. +81-052-872-7181 www.ngk-insulators.com

Company Overview

NGK Insulators Ltd. is a Japanese company that manufactures industrial equipment. The company generates its revenue through three business segments. In the environment Business segment, the company produces and sells honeyceram, DPFs, GPFs, NOx sensors for engine exhaust gas, kiln furniture & refractories, ceramic membranes & separators, high-temperature dust collectors, ceramic pumps & vacuum pumps, and others. Under the digital society business, it sells ceramic heaters, wafer products, piezoceramic actuators, and others. Under the energy & industry business, it manufactures and sells sodium-sulfur batteries (NAS batteries), suspension insulators, and hollow insulators. The company’s NAS batteries are used in various end user applications like battery storage systems and low-speed EVs. The company has a production base in Japan, China, Belgium, Indonesia, Mexico, Poland, South Africa, and the U.S.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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NGK Insulators Ltd. In Reports

Next-Generation Advanced Batteries: Global Markets

Accoriing to BCC Research Next-Generation Advanced Batteries market scenarios. 2023 is considered a base year, 2024 is an estimated year, and the market values are forecasted for five years until 2029.

Sodium-ion Batteries: Materials, Technologies and Global Markets to 2029

BCC Research Market Analyst says global market for sodium-ion batteries (SIB) is estimated to increase from $318.0 million in 2023 to reach $838.5 million by 2029, at a CAGR of 18.6%.

Next-Generation Advanced Batteries: Global Markets

BCC Research Market Report says Next-generation advanced batteries market reached $87.6 million in 2022 and should reach $1.8 billion by 2027, with a (CAGR) of 83.5%

Company's Business Segments

  • Environment : Ceramics for exhaust gas purification, NOx sensors, Industrial heating systems, Refractory Products, Membrane separating systems, High-temperature dust collector, Low-level radioactive waste treatment units
  • Digital Society : Ceramics for semiconductor manufacturing equipment, EnerCera battery, AMB and DCB substrates, Special metals and mold products, etc.
  • Energy and Industry : NAS batteries, Insulators, etc.

Applications/End User Industries

  • Automobile
  • Electronic
  • Pharmaceutical
  • Steel Industry
  • Chemical
  • HDD manufacturers
  • Communications Device Manufacturers
  • Power
  • Engineering Companies