The Global 3D Structural Electronics Market size is forecasted to grow from USD 40.24 Billion in 2020 to USD 74.57 Billion by 2028, at CAGR of 8.03% during the forecast period. Increase in Internet of Things (IoT) and Improvements in 3D technology are the factors that drive the growth of the market in 3D Structural Electronics. The demand for lightweight, cost - effective and compact products is also increasing.
Progress in materials science (for the development of stretchable conductive materials), diversity of applications and government funding are expected to play a critical role in fueling 3D Structural Electronics improvements.
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Further key findings from the report suggest
- The Global 3D Structural Electronics market size is forecasted to grow from USD 40.24 Billion in 2020 to USD 74.57 Billion by 2028, at CAGR of 8.03% during the forecast period. Increase in Internet of Things (IoT) and Improvements in 3D technology are the factors that drive the growth of the market in 3D Structural Electronics. The demand for lightweight, cost - effective and compact products is also increasing.
- Due to the increasing demand for hybrid and pure electric vehicles, the photovoltaic segment is expected to be the fastest growing segment in the 3D Structural Electronics market during the forecast period. Although lower level of technological awareness, complex manufacturing processes and speculation about the practical efficiency of 3D Structural Electronics limit their adoption on a broad scale.s
- On the basis of Application, the automotive sector is expected to have the largest market share during the forecast period. The next important thing in smart cars is 3D Structural Electronics, as the elements of 3D Structural Electronics would be integrated into the body and underground carriage of the vehicle, thus resembling the human nervous system and allowing cars to recognize touch and damage immediately.
- On the basis of region, the market for North America is expected to have the largest market share during the forecast period. The increased penetration of 3D Structural Electronics in this region can be related to the growing adoption of these products in photovoltaic products, conductors and sensors used in high - priced cars and spacecraft. In addition, electric vehicles are the main consumers of 3D Structural Electronics, which is forecasted to drive the growth of the studied market, as electric cars are increasingly being used by North Americans.
Top 10 Companies Operating in the Global 3D Structural Electronics Market:
TactoTek Oy (Finland), Boeing Company (US), Canatu Oy (Finland), Neotech AMT (Germany), Molex LLC (US), Faradair Aerospace (UK), Toyobo Co. Ltd. (Japan), Panasonic Corporation (Japan), T-Ink (US) and Local Motors (US).
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The global market is further segmented into type and application:
Integrant (Revenue, USD Million; 2020-2028)
- Photovoltaic
- 3D Printers
- Battery
- Printed and Flexible Electronics
- OLED Display
- OLED Lighting
Application Type (Revenue, USD Million; 2020-2028)
- Automotive
- Aerospace
- Consumer Electronics
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Takeaways of the Competitive Overview Section:
- Overview of the company profiles of each market player
- Industrial chain analysis of each player
- Revenue share contribution
- Sales network and distribution channels and net profits and losses of each company
- Key business growth strategies are undertaken by these players
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