Report Code: A08565 | Pages: NA | Jul 2023 | 2819 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Structural Electronics Market
Request Now !Structural electronics is the most significant technological development in recent years, which involves electronic and electrical components and circuits that act as load-bearing, protective structures, replacing structures such as vehicle bodies or conformably placed upon them. Structural elements with electronics and electrical functionality are referred to as structural electronics.Â
Advantages of structural electronics such as design flexibility, efficient operation, cost effectiveness, and lighter weight drive its demands in several application. In addition, structural electronics are widely used in supercapacitors, photovoltaic, smart skins and 3D printing. The global structural electronics market is experiencing a significant growth, and is expected to grow considerably in coming years.Â
The global structural electronics market is segmented on the basis of integrant, industry vertical, and region. Based on integrant, the structural electronics market is divided into photovoltaic, 3D printers, battery, printed & flexible electronics, OLED display, and OLED lighting. In terms of industry vertical, the market is segregated into aerospace, automotive, consumer electronics, healthcare, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Top Impacting Factors
Rise in incidences of infectious & neurological diseases, and technical developments in molecular pathology is expected to provide growth opportunities for the global market during the forecast period. In addition, rise in government funding for R&D activities and advanced test facilities also help to boost the market growth.Â
Moreover, advancements in 3D technology and emergence of IoT technology are the major factors that drive the market growth. High demand for lightweight, cost-effective, and portable products is also one of the factors which help to grow the market.Â
Growing automotive and rising adoption of smart cars across the globe is expected to create lucrative opportunities for the market during the forecast period. The important thing in smart cars is expected to be structural electronics as elements of structural electronics are integrated into a vehicle and undercarriage to resemble human nervous system and enable them to recognize touch and damage instantly.Â
In addition, automotive manufacturing companies are adapting to new technologies, which has brought changes in the global market. Lightweight and small components are projected to experience major demands from structural electronics market during the forecast period. In addition, hybrid/electric cars are expected to use structural electronics in coming years, with the introduction of printed organic light emitting diode (OLED) inside and outside car roofs.Â
Key Benefits of the Report
COVID-19 Scenario Analysis
Questions Answered in the Structural Electronics Market Research Report
Structural Electronics Market Report Highlights
Aspects | Details |
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By Industry Vertical |
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By Region |
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Key Market Players | TactoTek Oy (Finland), Canatu Oy (Finland), Molex LLC (US), Neotech AMT (Germany), Local Motors (US), Faradair Aerospace (UK), Panasonic Corporation (Japan), Boeing Company (US), Toyobo Co. Ltd. (Japan), T-Ink (US) |
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