Increasing 3D Technology adoption and growing need IoT are likely to stimulate market growth.
Market Size - USD 35.64 Billion in 2019, Market Growth - CAGR of 8.03%, Market Trends - Growing demand of circuit and miniaturized sensors
The global structural electronics market size is projected to grow from USD 35.64 Billion in 2019 to USD 68.18 Billion by 2027, at CAGR of 8.03% during the forecast period. The factors driving the growth of the structural electronics market are an increase in the Internet of Things IoT and developments in 3D technology. There is also an increase in demand for lightweight, cost-effective and portable goods.
It is expected that advances in materials science for the production of stretchable conductive materials, application diversity and government funding would play a critical role in fueling developments in structural electronics. In addition, a lack of technological knowledge is projected to hamper the growth of the market during the forecast period.
Further Key Findings From the Report Suggest
For the purpose of this study, the Structural Electronics Market is segmented on the basis of integrant, application type, and region:
Integrant Outlook Revenue, USD Million; 2017-2027
Application Type Outlook Revenue, USD Million; 2017-2027
Regional Outlook Revenue, USD Million; 2017-2027
Reasons to Buy the Report
Market Size - USD 35.64 Billion in 2019, Market Growth - CAGR of 8.03%, Market Trends - Growing demand of circuit and miniaturized sensors
The global structural electronics market size is projected to grow from USD 35.64 Billion in 2019 to USD 68.18 Billion by 2027, at CAGR of 8.03% during the forecast period. The factors driving the growth of the structural electronics market are an increase in the Internet of Things IoT and developments in 3D technology. There is also an increase in demand for lightweight, cost-effective and portable goods.
It is expected that advances in materials science for the production of stretchable conductive materials, application diversity and government funding would play a critical role in fueling developments in structural electronics. In addition, a lack of technological knowledge is projected to hamper the growth of the market during the forecast period.
Further Key Findings From the Report Suggest
- The factors driving the growth of the structural electronics market are an increase in the Internet of Things IoT and developments in 3D technology. There is also an increase in demand for lightweight, cost-effective and portable goods.
- The photovoltaic segment is expected to be the fastest-growing segment in the structural electronics market during the forecast period because of the rising demand for hybrid and pure electric vehicles. Although the degree of technical awareness is lower, complex production processes and uncertainty about the functional efficacy of structural electronics restrict their broad-based adoption.
- The automotive sector is projected to hold the largest market share during the forecast period on the basis of application. Structural electronics are the next important thing in smart cars, as the elements of structural electronics will be incorporated into the vehicle's body and underground carriage, thus resembling the human nervous system and enabling cars to automatically recognize contact and injury.
- The market in North America is expected to hold the largest market share over the forecast period. Increased penetration of structural electronics in this region can be attributed to the increasing adoption of these products in high-priced cars, spacecraft, photovoltaic products, conductors and sensors. Moreover, electric vehicles are the leading users of structural electronics, a factor that is projected to fuel the growth of the market, as North Americans are increasingly using electric cars.
- The significant players in the structural electronics market are Boeing Company U.S., Neotech AMT Germany, Canatu Oy Finland, Molex LLC U.S., Faradair Aerospace U.K., Panasonic Corporation Japan, TactoTek Oy Finland, Toyobo Co. Ltd. Japan, T-Ink U.S. and Local Motors U.S..
For the purpose of this study, the Structural Electronics Market is segmented on the basis of integrant, application type, and region:
Integrant Outlook Revenue, USD Million; 2017-2027
- Photovoltaic
- 3D Printers
- Battery
- Printed and Flexible Electronics
- OLED Display
- OLED Lighting
Application Type Outlook Revenue, USD Million; 2017-2027
- Automotive
- Aerospace
- Consumer Electronics
Regional Outlook Revenue, USD Million; 2017-2027
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Latin America
- Brazil
- Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of Structural Electronics Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Structural Electronics market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Structural Electronics Market Segmentation & Impact Analysis
Chapter 5. Structural Electronics Market By Integrant Insights & Trends
Chapter 6. Structural Electronics Market By Application Insights & Trends
Chapter 7. Structural Electronics Market Regional Outlook
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles
Companies Mentioned
- TactoTek Oy (Finland)
- Boeing Company (US)
- Canatu Oy (Finland)
- Neotech AMT (Germany)
- Molex LLC (US)
- Faradair Aerospace (UK)
- Toyobo Co. Ltd. (Japan)
- Panasonic Corporation (Japan)
- T-Ink (US)
- Local Motors (US)
