NGK Insulators Ltd.

Company Snapshot

Founded: 1919
Entity Type: Public
Employees: 19,931
Region: Asia
Revenue: $4,070.2 Millions
Revenue Year: 2024
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: Environment, Digital Society, and Energy & Industry. In the environment Business segment, the company produces and sells honey Ceram, 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 2024)

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
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