DUBLIN, Jan. 20, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/vgqz9q/electronics) has announced the addition of the "Electronics Conformal Coating Market by Material, Equipment, Method, Application and Geography - Global Forecasts to 2020" report to their offering.
The global Electronics conformal coating market size is estimated to grow from $1.70 Billion in 2014, and is expected to reach $2.41 billion by 2020, at a CAGR of 5.99% between 2015 and 2020.
The growth of this market is being propelled by the increasing usage of electronic components in the end products by OEMs, as well as ability of this coating to help manufacturers to provide end products with higher level of reliability.
The market for aerospace & defense application sector is expected to grow at a high CAGR during the forecast period. Companies in the this sector are using conformal coating to provide electrical, physical and mechanical protection to electronics such as radar/detection equipment, power systems, navigation systems, communication systems, and military vehicles.
The APAC region held the largest share of the conformal coating material market in 2014, and it is expected to grow at the highest growth rate during the forecast period. The rapid growth of the automotive industry in this region, in addition to the growth of consumer electronics, and aerospace & defense sectors has contributed to the growth of the conformal coating material in the APAC region.
One of the key restraining factors in the electronics conformal coating market is the decrease in demand for electronic devices and equipment because of economic slowdown. The impact of this restraining factor would decrease with time as the economy in countries recession start to recover.
The target audience:
- Conformal coating material, and equipment providers
- Electronic system designers and manufacturers
- Research organizations and consulting companies
- Associations, forums, and alliances related to conformal coating
- Key players
- Chase Corp.
- Nordson Corp.
- Precision Valve & Automation, Inc.
- Dow Corning Corp.
- Shin-ETSU Chemical Co., Ltd.
- Henkel AG & Co. KGAA
- Dymax Corp.
- Peters Group
- Mg Chemicals Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Equipment
8 Market, By Application Method
9 Market, By Material
10 Market, By Application
11 Market, By Geography
12 Competitive Landscape
13 Company Profile
For more information visit http://www.researchandmarkets.com/research/vgqz9q/electronics
Laura Wood , +353-1-481-1716, email@example.com
SOURCE Research and Markets