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This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Global Structural Electronics Market, 2018-2023: Analysis by Component Type, Application and Region - ResearchAndMarkets.com

March 14, 2019

DUBLIN--(BUSINESS WIRE)--Mar 14, 2019--The “Global Structural Electronics Market Size - Segmented By Component Type (Battery, OLED Display, OLED Lighting), Application (Automotive, Aerospace, Consumer Electronics), and Region - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The structural electronics market is expected to register a CAGR of over 14.7%, during the forecast period of 2018-2023.

Structural electronics is considered to be one of the most important emerging technologies. Improvements in 3D technology and rise of IoT are the factors fueling the growth of structural electronics market. In addition, there is an increase in the demand for lightweight, cost-effective, and compact products. Structural electronics offer these advantages, thereby augmenting their usage in a wide range of applications.

The advancements in material science (for the development of stretchable conductive materials), application diversity, and government funding are expected to play a critical role in fueling the improvements in structural electronics. In addition, lack of technological awareness is projected to hamper the growth of the market studied, during the forecast period.

The Automotive Sector Expected to Record Significant Growth

Structural electronics include electronic components and circuits that act as load-bearing, protective structures, by replacing the dumb structures (such as automobile bodies) or conformally placed upon them. The critical capability of structural electronics to reduce the weight of a product is projected to disrupt the automotive sector.

Structural electronics is expected to be next big thing in smart cars, as the elements of structural electronics would be integrated within the vehicle’s body and undercarriage, thereby resembling the human nervous system and enabling cars to instantly recognize touch and damage.

In addition, in the future, hybrid/electric cars are expected to use structural electronics, with printed OLED (organic light emitting diode) incorporated inside and outside the car roof. The market studied is expected to witness a significant demand for structural electronics, over the forecast period, in line with the booming automotive sector.

North America Expected to Account for the Largest Share in the Market

North America’s robust financial position enables it to invest heavily in advanced solutions and technologies. The higher penetration of structural electronics in the region can be attributed to the high adoption of such products in conductors, photovoltaic products, and sensors, which are used in high-end cars and space vehicles.

Moreover, electric vehicles are primary consumers of structural electronics, which is expected to propel the growth of the market studied, as North Americans are increasingly adopting electric cars. Besides, the increasing usage of IOT and 3D technology across various industries is projected to fuel the demand for structural electronics, over the forecast period.

Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Insights

4.1. Structural Electronics Market Overview

4.2. Industry Attractiveness - Porter’s Five Forces Analysis

4.3. Technology Roadmap

5. Market Dynamics

5.1. Factors Driving the Structural Electronics Market

5.1.1. Improvements in 3D Technology

5.1.2. Emerging Need for Lightweight, Compact, Cost-effective Products

5.1.3. Rise of IoT

5.2. Factors Restraining the Structural Electronics Market

5.2.1. Lack of Technological Awareness

6. Global Structural Electronics Market Segmentation

6.1. Structural Electronics Market By Component Type

6.1.1. Battery

6.1.2. OLED Display

6.1.3. OLED Lighting

6.1.4. Photovoltaic

6.1.5. Sensor

6.1.6. Other Component Types

6.2. Structural Electronics Market By Application

6.2.1. Automotive

6.2.2. Aerospace

6.2.3. Consumer Electronics

6.2.4. Other Applications

6.3. Structural Electronics Market By Region

6.3.1. North America

6.3.2. Europe

6.3.3. Asia-Pacific

6.3.4. Middle East & Africa

6.3.5. Latin America

7. Structural Electronics Market Companies

7.1. TactoTek Oy

7.2. PBC Tech Co.

7.3. Boeing Co.

7.4. Canatu Oy

7.5. Neotech AMT GmbH

7.6. Molex LLC

7.7. T-ink Inc.

7.8. Faradair Aerospace UK

7.9. Toyobo Co. Ltd.

7.10. Panasonic Corporation

List not Exhaustive

8. Structural Electronics Market Investment Analysis

9. Future of the Global Structural Electronics Market

For more information about this report visit https://www.researchandmarkets.com/research/3ftbc5/global_structural?w=4

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Related Topics:Electrical Engineering



SOURCE: Research and Markets

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PUB: 03/14/2019 07:21 AM/DISC: 03/14/2019 07:21 AM