Report Highlights
The value of the worldwide market for conformal coating materials and equipment and spares is expected to grow from $8.1 billion in 2013 to $9 billion in 2014, and reach $12.2 billion in 2019, a compound annual growth rate (CAGR) of 6.3% between 2014 and 2019.
Report Includes
- An overview of the global markets for conformal coatings used in electronics.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
- Information on the technology, development, production, and methods of application for conformal coatings in electronics.
- Analysis of major market trends both in terms of region and the application sector.
- Information on various emerging technologies and new products produced using these technologies.
- Analysis of the drivers of demand for the market including performance, ease of application, sustainability, quality, functionality, and environmental properties of the coatings.
Report Scope
The report has been prepared in a simple format that can be easily understood with a number of tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for various types of conformal coatings and coating equipment with the reasons given for variations in the growth of the industry in certain regions.
Analyst Credentials
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
Report Highlights
The global market for conformal coating materials, equipment, and spares is expected to grow from $7.9 billion in 2011 to $8.5 billion in 2012, and $9 billion in 2017, a CAGR of 1% between 2012 and 2017.
Report Highlights
- The global market for conformal coatings for electronics will increase from $6.3 billion in 2007 to an estimated $6.6 billion in 2008. It should reach $9.1 billion in 2013, a compound annual growth rate (CAGR) of 6.8%.
- Conformal coating materials generated $1.4 billion in 2007 and an estimated $1.5 billion in 2008. This segment should increase to $2.3 billion in 2013, for a CAGR of 8.9%.
- Equipment for conformal coating is expected to generate $5.1 billion in 2008, an increase from $4.9 billion in 2007. This segment should reach $6.9 billion in 2013, for a CAGR of 6.2%.
Report Highlights
-
The value of the worldwide conformal coatings markets was $800 million in 2005. It is projected to grow in value at an average annual growth rate (AAGR) of about 15% to reach $1.6 billion by 2010. Key markets include semiconductor/electronics, medical devices, aerospace and automotive.
-
Conformal coating use in the aerospace sector is the most developed segment of the industry. The aerospace sector represents about 21% of the market ($170 million). It is projected to grow at an AAGR of 8% through 2010 to $250 million.
-
Automotive markets, representing about 18% of the market, will show an AAGR of 20%, increasing to $360 million by 2010. This growth will be driven by increased use of electronic monitoring, sensing/controlling devices, and computer systems over the next several years
Related Reports
Physical Vapor Deposition (PVD): Global Markets
The global market for physical vapor deposition (PVD) equipment, materials, and services was worth roughly $19 billion in 2013. The market is expected to increase to nearly $20.3 billion in 2014 and $26.4 billion in 2019, a compound annual growth rate (CAGR) of 5.5% for the period of 2014 to 2019.
High-Performance Ceramic Coatings: Markets and Technologies
The North American market for high-performance ceramic coatings was worth more than $1.1 billion in 2012. This figure is expected to increase to $1.2 billion in 2013 and nearly $1.7 billion by 2018, with a projected five-year compound annual growth rate (CAGR) of 6.6%.
Medical Device Coatings
The global medical device coating market reached $4.8 billion in 2010 and $5.4 billion in 2011. The market is expected to grow from $5.7 billion in 2012 to nearly $8 billion in 2017, a five-year compound annual growth rate (CAGR) of 6.7%.
Optical Coatings: Technologies and Global Markets
The global market value of optical coatings reached nearly $6 billion in 2010 and nearly $6.7 billion in 2011. It is expected to reach $10.2 billion by 2016, a compound annual growth rate (CAGR) of 8.7%.
Recent Reports
Smart Transportation: Technologies and Markets
The global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029, at a compound annual growth rate (CAGR) of 21.7% from 2024 through 2029.
Global Private 5G Network Market
The report provides an overview of the global private 5G network market size and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029.
Global IoT Testing Services Market
This report analyses the global market trends in IoT testing services with data from 2023, estimates for 2024, and projected CAGRs through 2029. It analyzes patent activity and emerging technologies in the IoT testing services market. The report also examines the competition among major players and provides profiles of leading companies.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Cybersecurity: Technologies and Global Markets
The global market for cybersecurity technologies was valued at $208.1 billion in 2023. The market is expected to grow from $229.3 billion in 2024 to $396.8 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 11.6% from 2024 to 2029.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Medical Devices Industry: Competitive Landscape
The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More