Global Structural Electronics Market 2015-2019
About structural electronics
Structural electronics is an emerging market segment that has the potential to witness significant growth in the future. Structural electronics essentially includes the use of technologies such as 3D printing to create “smart” skin for industries such as automotive and infrastructure. It makes use of these technologies to embed electronic circuits and chips into the skin of the vehicle and buildings. It involves implanting electronic components such as micro circuits and transistors, literally into the idle space, such as the floor and doors of the vehicle and walls of the building. These electronic components act as protective structures that can report any potential threat of damage that might occur due to a minor or major flaw in the overall structure. They can also detect any possible corrosion that might occur in the future and alert in advance. Structural electronics is of prime importance to several industries such as aerospace, automotive, and infrastructure.
Technavio’s analysts forecast the global structural electronics market to grow at a CAGR of 15.24% by revenue over the period 2014-2019.
Covered in this report
This report covers the current scenario and growth prospects of the global structural electronics market for 2015-2019. To calculate the market size, the report considers the revenue generated through the sales of components that form the structural electronics market.
The report considers the revenue generated from the following component type only:
Technavio Announces the Publication of its Research Report – Global Structural Electronics Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Structural Electronics Market: Canatu, Odyssian Technology, Paper Battery, and TactoTek.
Other Prominent Vendors in the market are: Boeing, Faradair Aerospace, Local Motors USA, Neotech AMT, Germany, and T-ink, USA.
Commenting on the report, an analyst from Technavio’s team said: “The emergence of IoT is the latest trend in the global technology arena. The IoT will be able to connect billions of devices, and since it fosters the demand for sophisticated chips, small size, and flexible plastic structures to house microchips for high-powered performance.”
According to the report, with improvements in nanotechnology many semiconductor components, including quantum dots, carbon nanotubes, and other nanoparticles are finding increased application in various end-user segments of this market.
Further, the report states that this market is highly capital intensive and requires financing of expensive manufacturing processes followed by several feasibility tests and safety checks.
Canatu, Odyssian Technology, Paper Battery, TactoTek, Boeing, Faradair Aerospace, Local Motors USA, Neotech AMT, Germany, T-ink, USA.