The global precision optics market is projected to reach $60,033.6 million by 2031 from $23,243.5 million in 2022, growing at a CAGR of 11.1% during the forecast period 2022-2031.
The global next-generation lithography materials market is projected to reach $1,005.3 million by 2031 from $85.7 million in 2021, growing at a CAGR of 29.46% during the forecast period 2022-2031.
The global printed electronic materials market is projected to reach $17,559.59 million by 2031 from $3,454.09 million in 2021, growing at a CAGR of 18.82% during the forecast period 2022-2031.
The battery thermal management system market for mobility and consumer electronics was valued at $4,462.47 million in 2021 and is expected to reach $31,130.01 million by 2031, growing at a CAGR of 23.07% between 2022 and 2031.
The global low temperature co-fired ceramics market is expected to reach $8,410.7 million by 2031, with a CAGR of 7.6% during the forecast period 2021-2031.
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The global gallium nitride market was valued at $270.00 million in 2020 and is expected to reach $2,956.03 million by 2031, growing at a CAGR of 24.65% between 2021 and 2031.
The global 5G substrate materials market is expected to reach $1,624.3 million by 2031, with a CAGR of 24.1% during the forecast period 2021-2031.
Global Next-Generation Display Materials Market Anticipated to Reach $182.83 Billion by 2026.
The global thermal interface materials market for 5G accounted for $434.5 million in terms of value in 2020 and is expected to reach $908.9 million by 2026.
The global gallium oxide market accounted for $5.3 million in 2019 and is expected to reach $50.4 million by 2025.
The global low temperature co-fired ceramics market accounted for $4,015.0 million in 2019 and is expected to be $5,547.9 million by 2025.
The global 5G substrate materials market is expected to account for a market value of $281.30 million by the end of 2025.
The global gallium nitride market was valued at $53.3 million in 2018 and is expected to account for a market value of $461.0 million by the end of 2029.
The global next-generation display materials market is estimated to witness growth at a CAGR of 11.83% over the period of 2019 to 2029.
The global thermoelectric materials market is expected to grow at a CAGR of 8.49% and 9.09% between 2018 and 2023 in terms of value and volume, respectively.
The silicon germanium materials & devices market is projected to grow from $XX million in the year 2016 to $5,045.3 million by 2021, at a CAGR of 13.7 from 2016 to 2021. This growth is highly attributed to the increasing requirement for huge data transfer, high applicability in wireless communication systems and rising demand from automotive sector for sophisticated sensors and radar systems.
The quantum dots market is estimated to reach $7.8 billion by 2022 at a CAGR of 46.4% through the forecast period. Quantum dots witnessed a major increase in adoption rate for the usage in various applications due to several advancements offered by the technology. The quantum dots market is expected to grow at a significant rate during the forecast period.
The global low temperature co-fired ceramics market accounted for $4,015.0 million in 2019 and is expected to be $5,547.9 million by 2025.
The global 5G substrate materials market is expected to account for a market value of $281.30 million by the end of 2025.
The global gallium nitride market was valued at $53.3 million in 2018 and is expected to account for a market value of $461.0 million by the end of 2029.
The global next-generation display materials market is estimated to witness growth at a CAGR of 11.83% over the period of 2019 to 2029.
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Advanced Electronics Materials
The electronics industry is extremely dynamic as business models, products, technologies, and materials keep restructuring to meet the ever-evolving consumer preferences. The growing demand for compact, fast, efficient electronics with high computational power, faster data speed, high connectivity, and sustainability has led to growing innovations in the electronics industry.
In the last few decades, the electronics market has grown dramatically, with an increase in the use of innovative materials such as carbon nanotubes, graphene, silicones, etc., for manufacturing different products that are being used in the electronics industry. Much of this growth can be attributed to keeping up with the fast pace of growth in the digital space. These materials can be used for a range of applications, including sensors, thermal products, printed electronics, and display screens.
This growth of the electronic materials and chemicals market would not have been possible without advanced electronic materials. Advanced electronics materials, such as graphene, silicon carbide (SiC), carbon nanotubes, indium-gallium-zinc-oxide (a-IGZO), Yttrium oxide (Y2O3), gallium nitride, etc., have made it possible for manufacturers to produce fast, energy-efficient, and capable electronic products with high computation power, data speed, and connectivity.
From the healthcare and automotive industry to the education and entertainment space, the influence of the electronics industry reaches far and wide. Almost every aspect of modern life uses some or the other products that are being developed through the electronics industry. Additionally, the growing adoption of 5G technology, electric vehicles, and growing investment in smart homes, smart factories, etc., is expected to propel the growth of the advanced electronics materials market in the coming years.
If your business is also interested in being part of this rapid growth, you need reliable information to take profitable market positions and invest in the right opportunities. At BIS Research, we are committed to helping our valued clients take informed and confident business decisions with the help of our research capabilities.
BIS Research tracks the launch of new materials for their applications, their commercial potential, and logistics, along with patents analysis of the market, start-up landscape, an overview of other closely related markets, and a detailed analysis of the market on regional and country-level. This study from BIS Research offers a holistic view of the entire market and supports our clients in making strategic decisions regarding investment and product launches, along with the right strategy for rolling out products and services in the market.
Various research reports produced by BIS Research reveal that the advanced electronics materials market is expecting tremendous growth in the coming years. For instance, the BIS Research report on the global next-generation display material market predicts that the market is expected to be valued at $182.83 billion by 2026.
Similarly, the BIS Research report on the global 5G substrate materials predicts that the market is expected to grow from its current size of $152.2 million in 2021 to $1,642.3 million by 2031 with a CAGR of 24.1% in the next ten years, i.e., 2022-2031. The report focuses on the different kinds of materials, such as organic laminates (polytetrafluoroethylene (PTFE), liquid crystal polymer (LCP), polyimide (PI), and others), ceramics and glass, and their applications in the industry.
If you are looking for quality market reports that you can rely upon, BIS Research is the perfect partner for you. Browse our collection of market research reports for the advanced electronics materials market and see why we are the best in the business.
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