Global In-Mold Electronics (IME) Market Size & Share to 2027
Global In-Mold Electronics (IME) Market Size, Trends & Growth Opportunity, By Type (Hardware, Software, and Services), By Application (Building & Automation, Automotive, Consumer Products, Wearable, Healthcare, and Others),By Region and Forecast till 2027
Global In-Mold Electronics (IME) Market
The In-Mold electronics (IME) are 50% lighter than standard electronics due to the absence of mechanical buttons and switches. Also, assembly of parts in conventional electronics is a time consuming process that is eliminated in In-Mold electronics. These electronics integrate electronic elements and flexible circuitry into three-dimensional molded plastics.
Market Drivers
The increase in penetration of In-Mold electronics is expected to boost the global In-Mold electronics market growth over the forecast period. Furthermore, the rise in demand for energy efficient electronics will positively influence the market growth. Also, the increase in the use of consumer electronic devices which is expected to propel the global In-Mold electronics (IME) market growth. Moreover, the increase in per capita income of individuals will support the market growth. The In-Mold electronics find their application in various industries such as automotive, medical devices, home appliances, retail, aerospace and defense, and consumer electronics.
Market Restraints
High manufacturing cost is the major restraint which expected to hamper the global In-Mold electronics market growth during this forecast period.
Market segmentation
The Global In-Mold Electronics (IME) Market is segmented into ink type such as Carbon Conductive Ink, Silver Conductive Ink, and Others. Further, market is segmented into application such as Building & Automation, Automotive, Consumer Products, Wearable, Healthcare, and Others.
Also, the Global In-Mold Electronics (IME) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as DuPont de Nemours, Inc., Butler Technologies, Inc, DuraTech Industries, YOMURA, TactoTek Oy, Nissha Co., Ltd., InMold Solutions, Golden Valley Products, GenesInk, Eastprint Incorporated, DuraTech Industries, etc.
Market Taxonomy
By Type
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