PUBLISHER: Lucintel | PRODUCT CODE: 1416380
PUBLISHER: Lucintel | PRODUCT CODE: 1416380
Electronic Assembly Material Trends and Forecast
The future of the global electronic assembly material market looks promising with opportunities in the automotive, consumer & industrial, defense & aerospace, and handheld communications & computing markets. The global electronic assembly material market is expected to grow with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are rise in demand for electronic devices, miniaturization of electronic devices, and increasing deployment of 5G wireless network communications in the developing countries.
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Electronic Assembly Material by Segment
The study includes a forecast for the global electronic assembly material by material type, end use, and region.
Electronic Assembly Material Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:
Electronic Assembly Material Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
Electronic Assembly Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Electronic Assembly Material Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electronic assembly material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic assembly material companies profiled in this report include-
Electronic Assembly Material Market Insights
Lucintel forecasts that electrically conductive material will remain the largest segment over the forecast period.
Within this market, automotive is expected to witness the highest growth due to increasing demand of materials that are lighter in weight, smaller in size, more cost-effective to manufacture, and have lower power consumption.
APAC is expected to witness highest growth over the forecast period due to significantly growing automotive sector and presence of major electronic suppliers in the region.
Features of the Global Electronic Assembly Material Market
Market Size Estimates: Electronic assembly material market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Electronic assembly material market size by material type, end use, and region in terms of value ($B).
Regional Analysis: Electronic assembly material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material types, end uses, and regions for the electronic assembly material market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic assembly material market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for electronic assembly material market?
Answer: The global electronic assembly material market is expected to grow with a CAGR of 9.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the electronic assembly material market?
Answer: The major drivers for this market are rise in demand for electronic devices, miniaturization of electronic devices, and increasing deployment of 5G wireless network communications in the developing countries.
Q3. What are the major segments for electronic assembly material market?
Answer: The future of the electronic assembly material market looks promising with opportunities in the automotive, consumer & industrial, defense & aerospace, and handheld communications & computing markets.
Q4. Who are the key electronic assembly material market companies?
Answer: Some of the key electronic assembly material companies are as follows:
Q5. Which electronic assembly material market segment will be the largest in future?
Answer: Lucintel forecasts that electrically conductive material will remain the largest segment over the forecast period.
Q6. In electronic assembly material market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to significantly growing automotive sector and presence of major electronic suppliers in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.