Industrial Electronics Packaging Market

The technology relates to establishing electrical interconnections and appropriate housing for electrical circuitry. The industrial electronic packages provide four major functions: distribution of electrical energy (that is, power) for circuit function, interconnection of electrical signals, mechanical protection of circuits, and dissipation of heat generated by circuit function. Industrial electronics packaging is widely used to prevent the product from radio frequency noise emission, cooling, mechanical damage, electrostatic discharge and physical damage.

Data Bridge Market Research analyses that the industrial electronics packaging market was valued at USD 1.82 billion in 2021 and is expected to reach USD 2.52 billion by 2029, registering a CAGR of 4.13 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.     

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Some of the major players operating in the industrial electronics packaging market are:

• DS Smith (U.K.)
• Mondi (U.K.)
• International Paper (U.S.)
• Sonoco Products Company (U.S.)
• Sealed Air (U.S.)
• Huhtamaki (Finland)
• Smurfit Kappa (Ireland)
• WestRock Company (U.S.)
• UFP Technologies Inc. (U.S.)
• Stora Enso (Finland)
• Pregis LLC (U.S.)
• Shenzhen Hoichow Packing Manufacturing Ltd. (China)
• Dordan Manufacturing Company (U.S.)
• Hangzhou Xunda Packaging Co. (China)
• Dunapack Packaging Group (Austria)
• Universal Protective Packaging Inc. (U.S.)

Global Industrial Electronics Packaging Market Scope

The industrial electronics packaging market is segmented on the basis of products, material, packaging type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Testing and Measuring Equipment
• Process Control Equipment
• Industrial Controls
• Power Electronics
• Industrial Automation Equipment
• Others

Material

• Plastic
• Paper and Paperboard

Packaging Type

• Rigid
• Flexible

 Application

• Semiconductor and Integrated Circuit
• Printed Circuit Board
• Others

End User

• Consumer Electronics
• Aerospace and Defence
• Automotive
• Telecommunication
• Others

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Industrial Electronics Packaging Market Dynamics

Drivers

• Rise the demand of paper and paperboard packaging

Paper and paperboard is a material which is extensively used for the packaging of computer and mobile phones. Computers and Mobile phones are electronic products that are breakable in nature, so they require packaging that offers complete safety for the product. Paper and paperboard offer both strength and rigidity for the product. Other features of paper and paperboard such as soft superb printability, and polished finish make it more popular among electronics appliances companies.

• Growing digitalization

The increasing digitization is growing the demand for Internet of Things (IOT) in the market, which is driving the global need for effective packaging and industrial electronics product. The global industrial electronic market needs for electronics packaging which are increased by the rising adoption of smart computing devices such as smart computing, tablets, laptops mobile phones e-readers and smartphones in several developed and underdeveloped economies which are anticipated to increase the growth of the industrial  electronics packaging market.

• Demand of sustainable packaging

Many e-commerce industries are aiming to use the sustainable packaging solutions such as paper based packaging to decrease the use of the plastic wastes and moving towards the use of paper-based packaging for the packaging of electronic products. This trend is also projected to hit the industrial  electronics packaging market, which is sensitive to exterior impacts with better designing to make packaging more stronger.

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