PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1251529
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1251529
Global Electronic Packaging Market is valued at approximately USD 22.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.8% over the forecast period 2022-2029. Electronic packaging is defined as the design and manufacture of housings for electronic devices, from individual semiconductors to complete systems such as mainframe computers. This protects against mechanical damage, cooling, radio frequency interference and electrostatic discharge. Demand for all-weather protective packaging for fragile electronic products such as routers, network servers, and sensors continues to drive the growth of the electronic packaging market.
According to IBEF, the total production volume of passenger cars, three-wheelers, two-wheelers, and four-wheelers in June 2022 will be 2,081,148 units, drive the growth of the market studied in the future thus increasing the demand for consumer electronics, especially in emerging markets such as the Asia-Pacific region. Consumer Durables such as smartphones, laptops, tablets, desktops and televisions have become a requirement in modern life and with increasing advanced electronic technology has lowered consumer prices, thereby increasing consumer demand. Electronic integration offers great opportunities for human interfaces. More efficient and denser battery technology means that the electronic packaging market share will experience significantly higher growth in the coming years. Rising demand for consumer electronics is a major driver for the global electronic packaging market. However Various factors such as technical limitations and inadequate quality control can hinder the growth of the global market. Many low-cost electronic packaging sellers have poor quality control, which is a challenge and a restraint to the growth of the market. An increase in industrial automation is expected to bring great global market opportunities for electronic packaging during the forecast period.
The key regions considered for the Global Electronic Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the market due to rising consumer interest towards Consumer electronics products. Asia-Pacific is expected to hold the largest market share during the forecast period, owing to growth in automotive infrastructure and increased sales of electric vehicles. Rising middle-class incomes and a growing youth population are expected to increase demand in the automotive industry.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable