In-mold electronics market is expected to reach US$942.6 million

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Insight Partners

According to the new research report published by The Insight Partners, titled “In-Mold ElectronicsMarket Forecast to 2027 – COVID-19 Impact and Global Analysis – by Application and Ink Type”, the market was valued at US$95.5 million in 2019 and is expected to reach $942.6 million by 2027; it is expected to grow at a CAGR of 44.6% from 2020 to 2027. Advancements in capacitive touch sensors are driving the growth of the in-mold electronics market

A sample PDF presents the content structure and nature of the information included in the report which presents qualitative and quantitative analysis – https://www.theinsightpartners.com/sample/TIPRE00010967/?utm_source=OpenPR&utm_medium=10593

The advent of capacitive touch sensors in devices such as smartphones and tablet PCs is leading to a new group of printed electronics applications that include molded plastics. Capacitive switches are more reliable than mechanical switches because they have no moving parts to wear out or fail. The ability to print the controls on a flat surface and then mold them into the 3D interior parts of devices and automotive electronics helps reduce the overall space and weight of the final device. In-mold products typically require materials such as polycarbonate substrates and notable PTF conductors designed for flexible substrates. For example, silver conductors must maintain good adhesion and low resistivity after the substrate has been crimped. In-mold electronic inks allow designers to print electronic components onto plastic. Applications such as touch controls and lighting can be instantly integrated into plastic parts by printing circuits directly onto plastic sheets, which are thermoformed and injection molded. This allows the electronic controls to take almost any shape, while getting closer to the surface for the strongest signal.

Companies mentioned are: Butler Technologies, Inc., DuPont de Nemours, Inc., DuraTech Industries, Eastprint Incorporated, GenesInk, Golden Valley Products, InMold Solutions, Nissha Co., Ltd., TactoTek Oy, YOMURA

In-mold electronics have various advantages over their standard counterparts. They are approximately 50% lighter than standard electronic devices due to the absence of mechanical buttons and switches. Fewer parts and manufacturing steps make the in-mold electronics production process simpler and more efficient. Additionally, assembly of parts in conventional electronics is a time-consuming process, which is eliminated in in-mold electronics. In in-mold electronics, assembly is a one-time, snap-together process, which dramatically reduces assembly time while improving reliability and serviceability. Additionally, in-mold electronics enable design freedom by enabling the design of modern 3D smart surfaces with continuous surfaces. In-mold electronics integrate flexible circuits and electronic elements into three-dimensional molded plastics. By printing circuits directly onto plastic substrates, product designers can combine touch controls, lighting and antennas in applications such as clothes dryers, refrigerators, washing machines, automotive consoles, switchboards dashboard, steering wheels and armrests. A molded electronic control panel eliminates the complex, thick, and solemn multi-layered assemblies that are typically part of traditional electronic designs; therefore, they can be as thin as 2mm.

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Market Overview – In-Mold Electronics Market
Growing penetration of in-mold electronics is driving market growth
The in-mold electronics market is expected to witness significant growth in early 2023-2024. Growth would start with simple, small-area devices and then progress to more complex, larger-area applications. Over time, the volume of production would increase with particular emphasis on reliability. Currently, the technology is mainly suitable for the production of touch screens for automotive consoles and consumer devices. Other industries are studying in-mold technology to better understand it and expand its area of ​​application. Technology leaders are at the forefront of preparing production for the introduction of in-mold technology-based electronic components.

The in-mold electronics market players are majorly focused on the development of advanced and efficient products.
In 2020, TactoTek collaborated with Clayens NP, France, to market and sell solutions built using its own IMSE technology. Additionally, in 2018, Electronics & Imaging, one of DuPont’s business segments, launched the second generation of electronic in-mold materials with developments in its electrically conductive adhesive, protective encapsulant and dielectric. cross.

In 2020, GenesInk collaborated with Mino Group, a Japan-based printing equipment manufacturer. This partnership has enabled the company to expand its business opportunities in Asia and Japan since the MINO group is the main supplier of printing equipment dedicated to printed electronics.

The global in-mold electronics market has been segmented as follows:
In-Mold Electronics Market – By Ink Type
Silver conductive ink
Carbon conductive ink
Others

In-Mold Electronics Market – By Application
Automotive
building automation
consumer products
Wearables
Health care
Others

Global Lithium-Ion Battery Market by Region
North America
Europe
Asia Pacific
Middle East and Africa
South America

Immediate delivery of our ready-to-use reports and pre-booking of future studies, thanks to flexible and convenient payment methods – https://www.theinsightpartners.com/buy/TIPRE00010967/?utm_source=OpenPR&utm_medium=10593

Samir Joshi
Email: [email protected]
Phone: +1-646-491-9876

The Insight Partners is a one-stop provider of actionable intelligence industry research. We help our clients find solutions to their research needs through our syndicated research and advisory services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals and the materials.

This press release was published on openPR.

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