The report of global Electronic Potting & Encapsulating market by Potting Compound (Epoxies, Urethanes, Silicones, Others), Application (Power Supplies, Motors, Connectors, Ignition Coils, Electronic Modules, Others), End-use Industry (Consumer Electronics, Telecommunication, Automotive, Marine, Healthcare, Others), and Region (Asia Pacific, North America, Europe, Latin America, and Middle East Africa) is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during a forecast period.
Electronic Potting and Encapsulation is the process of the thicker and more robust solution versus conformal coating to protect electronic assemblies from harsher atmospheres and mechanical shocks to retain them working properly for a longer period. Consumers are more focused on the durability of electrical and electronic products are driving the electronic potting and encapsulating market growth over the forecasted period. The electronic potting and encapsulation market drivers and restraints are covered in the report by region since each region has different market dynamics.
Consumer Electronics segment is expected to grow at the highest XX% CAGR during the forecast period.
In 2019, the consumer electronics segment has dominate the electronic potting & encapsulating market and is estimated to grow at a CAGR of 7.5% during the forecast period. Increasing awareness related to the emergence of 4G and 5G technologies, technological advancement, and inventions between young populations are likely to fuel the demand for consumer electronics.
The Asia Pacific dominated the electronic potting & encapsulating market in 2019
In 2019, Asia Pacific has led the electronic potting & encapsulating market and is projected to hold the dominant market share of xx% over the forecast period, which is US$ xx Mn. Rapid urbanization and population growth have increased the adoption of consumer electronics in high and middle-income families in the region. North America is expected to grow at a CAGR of xx% during the forecast period.
Key players operating the global electronic potting & encapsulating market are Winmate Inc., Henkel Corporation, Dymax Corporation, LANTAS Beck India Limited, ACC Silicones Ltd, Intertronics, DOPAG India Pvt. Ltd., Parket Lord, MG Chemicals, EFI Polymers, Dow Corning, Hitachi Chemical, LORD Corporation, Huntsman Corporation, ITW Engineered Polymers, 3M, H.B. Fuller, and John C. Dolph.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Electronic Potting & Encapsulating Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Electronic Potting & Encapsulating Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Electronic Potting & Encapsulating Market positioning of competitors.
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