Industrial electronic packaging Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

Almost 70% of the demand for industrial electronic packaging comes from industrial control and power electronics, as evidenced by a new market research study at FMI (Future Market Insights). Volume consumption of industrial electronic packaging solutions in 2019 is expected to show an annual growth rate of nearly 3.5%.

Leading companies profiled in the FMI report for the industrial electronics packaging market include DS Smith Plc., Smurfit Kappa Group Plc., UFP Technologies, Inc., Sealed Air Corporation, Achilles Corporation, Desco Industries Inc. and Botron Company. .. I have. Inc., Kiva Container Corporation, Orlando Products Inc., Delphon Industries, LLC, Summit Container Corporation, Protective Packaging Corporation, Dou Yee Enterprises (S) Pte Ltd., Dordan Manufacturing Company, Inc., GWP Group Limited, Pure-Stat Engineered Technologies, Inc., AUER Packaging GmbH, Emballages Cre-O-Pack International Inc. and Universal Protective Packaging, Inc. and others.

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From a material perspective, plastics currently hold an approximately 60% share of the industrial electronics packaging material, maintaining its dominance in the global industrial electronics packaging market. The report revealed that polyethylene (PE) remains the most valuable segment of the industrial electronic packaging market, followed by polyvinyl chloride (PVC).

Digitization for All-Weather Packaging – Big Illustration Rendering Future in the Market
The demand for fragile and sensitive industrial electronic products continues to grow in various end-user industries, increasing the need for all-weather protection packages. Manufacturers are expanding the growth of the Internet of Things (IoT) market to move forward with the arrival of the Fourth Industrial Revolution. The ongoing trend of digitalization will continue to change the packaging industry and expand the range of implementation of IoT technology to provide sophisticated industrial electronic packaging solutions.

Asian economy holds promising investment opportunities for industrial electronic packaging companies

North America is estimated to be the most prominent industrial electronic packaging market, and the report also points out that the East Asian market will grow significantly in attractiveness over the next few years. Therefore, according to FMI’s analysis, the East Asian market for industrial electronic packaging remains a key regional competitor in the industrial electronic packaging environment.

In East Asia, Japan has more than 50% of the market share, followed by China. South Asia is also cited as a highly profitable investment region by manufacturers of industrial electronic packaging solutions that potentially outperform other regional markets in terms of growth rate. The growth of the South and East Asian markets is due to the strong manufacturing of consumer electronics and the increasing demand for impact-resistant protective packaging solutions.

Europe is another prominent market for industrial electronic packaging, with Germany accounting for more than 60%. With the high production speed of semiconductor parts and equipment, the country will continue to lead the European market.

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Key segment-

By product type:
Testing and measuring equipment
Process control device
Industrial control
Power electronics

By material:
plastic
Polyethylene (PE)
Polyethylene terephthalate (PET)
Polypropylene (PP)
Paper and carton

By packing type:
Strict
Cardboard box
Containers and shipping companies
Protective packaging
flexible
Bag and pouch
Tape and label
Movies etc.

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table of contents
1. Execution summary

1.1. Global Market Outlook

1.2. Analysis and recommendations

2. Market Overview

2.1. Market Scope/Classification

2.2. Market Definition / Scope / Limits

3. Key market trends

3.1. Key trends affecting the market

3.2. Product innovation / development trends

4. Global Industrial Electronic Packaging Market Demand Analysis 2014-2018 and Forecast, 2019-2029

4.1. Historical Market Size (Tons) Analysis, 2014-2018

4.2. Current and Future Market Size (Tons) Forecast, 2019-2029

4.3. YoY Growth Trend Analysis

5. Global Industrial Electronic Packaging Market – Price Analysis

5.1. Price analysis by region by packaging type

5.2. pricing

5.3. Global Average Price Analysis Benchmark

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.