PUBLISHER: Lucintel | PRODUCT CODE: 1417271
PUBLISHER: Lucintel | PRODUCT CODE: 1417271
Advanced Materials For Electronics Trends and Forecast
The future of the global advanced materials for electronics market looks promising with opportunities in the photovoltaic cell, display, touch screen, sensor, semiconductor, wearable electronics device, and biomedical device markets. The global advanced materials for electronics market is expected to reach an estimated $47.9 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are technological developments and the ongoing demand for electronic gadgets that are faster, smaller, and more energy-efficient, as well as, increasing use of cutting-edge materials in the production of electronics.
A more than 150-page report is developed to help in your business decisions.
Advanced Materials For Electronics by Segment
The study includes a forecast for the global advanced materials for electronics by type, application, and region.
List of Advanced Materials For Electronics Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies advanced materials for electronics companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the advanced materials for electronics companies profiled in this report include-
Advanced Materials For Electronics Market Insights
Lucintel forecasts that silicon carbide is expected to witness highest growth over the forecast period because it provides higher efficiency, smaller form factors with lower gaps, and the semiconductor material exhibits superior properties that enables the functioning of power devices at high voltages.
Europe will remain the largest region over the forecast period because of growing demand in electronic devices in various sectors, as well as, existence of major electronic markets such as, Germany, Italy, and France in the Region.
Features of the Global Advanced Materials For Electronics Market
Market Size Estimates: Advanced materials for electronics market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Advanced materials for electronics market size by type, application, and region in terms of value ($B).
Regional Analysis: Advanced materials for electronics market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the advanced materials for electronics market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the advanced materials for electronics market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the advanced materials for electronics market size?
Answer: The global advanced materials for electronics market is expected to reach an estimated $47.9 billion by 2030.
Q.2 What is the growth forecast for advanced materials for electronics market?
Answer: The global advanced materials for electronics market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the advanced materials for electronics market?
Answer: The major drivers for this market are technological developments and the ongoing demand for electronic gadgets that are faster, smaller, and more energy-efficient, as well as, increasing use of cutting-edge materials in the production of electronics.
Q4. What are the major segments for advanced materials for electronics market?
Answer: The future of the global advanced materials for electronics market looks promising with opportunities in the photovoltaic cell, display, touch screen, sensor, semiconductor, wearable electronics device, and biomedical device markets.
Q5. Who are the key advanced materials for electronics market companies?
Answer: Some of the key advanced materials for electronics companies are as follows.
Q6. Which advanced materials for electronics market segment will be the largest in future?
Answer: Lucintel forecasts that silicon carbide is expected to witness highest growth over the forecast period because it provides higher efficiency, smaller form factors with lower gaps, and the semiconductor material exhibits superior properties that enables the functioning of power devices at high voltages.
Q7. In advanced materials for electronics market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period because of growing demand in electronic devices in various sectors, as well as, existence of major electronic markets such as, Germany, Italy, and France in the Region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.