According to a market report by Lucintel, the future of the global electronic assembly material market looks promising with opportunities in the automotive, consumer & industrial, defense & aerospace, and handheld communications & computing markets. The global electronic assembly material market is expected to grow with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are rise in demand for electronic devices, miniaturization of electronic devices, and increasing deployment of 5G wireless network communications in the developing countries.
In this market,
adhesive, paste fluxe, electrically conductive material, and thermal interface
material are the major segments of electronic assembly material market by
material type.
Lucintel forecasts that
electrically conductive material will remain the largest segment over the
forecast period.
Within this market,
automotive is expected to witness the highest growth due to increasing demand
of materials that are lighter in weight, smaller in size, more cost-effective
to manufacture, and have lower power consumption.
APAC is expected to
witness highest growth over the forecast period due to significantly growing
automotive sector and presence of major electronic suppliers in the region.
Kelly Services, Hisco,
Henkel Corporation, H.B. Fuller, and ITW are the major suppliers in the
electronic assembly material market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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