Dublin, March 10, 2021 (GLOBE NEWSWIRE) -- The "North America In-Mold Electronics Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Application and Ink Type" report has been added to ResearchAndMarkets.com's offering.
North America In-Mold Electronics Market is expected to reach US$ 239.7 million by 2027 from US$ 31.0 million in 2019. The market is estimated to grow at a CAGR of 40.2 % from 2020 to 2027.
The report provides trends prevailing in the North America in-mold electronics market along with the drivers and restraints pertaining to the market growth. Development in capacitive touch sensors and price, space, and time benefits are the major factor driving the growth of the North America in-mold electronics market. However, need of high-end technologies hinder the growth of North America in-mold electronics market.
In case of COVID-19, North America region especially the U. S. witnessed an unprecedented rise in number of confirmed cases resulting in large-scale lockdown across different regions as well as industrial activities. As a result, several small & medium enterprise owners have limited their industry personnel whereas many other have laid off non-essential employees shortly owing to restricted business operation. In addition to this, the company also minimized the allocated budget for manufacturing of electronics owing to economic slowdown, which affected the global nosiness activities.
Moreover, the component manufacturer, supply chain and distributor lack of availability of business also has significantly influencing the production of electronics by the market players. Thus, the market is expected to witness a major drop in the demand from the end-users for the current year and the subsequent years to recover from the impact of COVID-19 pandemic.
The North America market for in-mold electronics is segmented into application, ink type, and country. Based on application, the market is divided into automotive, building automation, consumer products, wearable, healthcare, and others. The automotive segment held the largest market share in 2019.
Building automation segment is expected to be the fastest growing segment over the forecast period. Based on ink type, the market is segmented into silver conductive ink, carbon conductive ink, and others. In 2019, the silver conductive ink segment held the largest share of market. The others segment is expected to be fastest growing segment during forecast period. Others ink type segment includes conductive adhesive and transparent conductor.
Butler Technologies, Inc.; DuPont de Nemours, Inc.; DuraTech Industries; Eastprint Incorporated; Golden Valley Products; InMold Solutions; Nissha Co., Ltd.; TactoTek Oy are among the leading companies in the North America in-mold electronics market.
The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
For instance, in 2018, Electronics & Imaging, one of DuPont's business segments, launched the second generation of In-Mold Electronic (IME) materials with developments in its electrically conductive adhesive, protection encapsulant, and crossover dielectric. It allows touch controls and lighting to be embedded inside plastic parts by printing circuits on plastic sheets.
Thus, it helps mitigate weight and cost and surges design functionality in various applications, such as car dashboards and home appliances.
Key Topics Covered:
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. North America In-Mold Electronics Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America In-Mold Electronics Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Development in capacitive touch sensors
5.1.2 Price, Space, and Time Benefit
5.2 Market Restraints
5.2.1 Need of high-end technologies
5.3 Market Opportunities
5.3.1 Perforation in various industries
5.4 Future Trend
5.4.1 Mounting wearable devices
5.5 Impact Analysis of Drivers and Restraints
6. In-Mold Electronics Market - North America Analysis
6.1 North America In-Mold Electronics Market Overview
6.2 North America In-Mold Electronics Market - Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Five Key Players
7. North America In-Mold Electronics Market Analysis - by Ink Type
7.2 North America In-Mold Electronics Market, by Ink Type (2019 and 2027)
7.3 Silver Conductive Ink
7.4 Carbon Conductive Ink
8. North America In-Mold Electronics Market Analysis - by Application
8.2 North America In-Mold Electronics Market Breakdown, by Application, 2019 & 2027
8.4 Building Automation
8.5 Consumer Products
9. North America In-Mold Electronics Market - Country Analysis
10. North America In-Mold Electronics Market- COVID-19 Impact Analysis
10.1 North America: Impact assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Market Initiatives
11.2 New Product Development
12. Company Profiles
Butler Technologies, Inc.
DuPont de Nemours, Inc.
Golden Valley Products
Nissha Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/4xypqi
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900