Consumer electronics, also called home electronics, are electronic equipment intended for everyday use, typically in private homes. Consumer electronics include devices used for entertainment such as flatscreen TVs, DVD players, video games, and remote control cars; communication devices such as telephones, cell phones, and laptops; and home-office devices such as desktop computers, printers, and paper shredders. Consumer electronics coatings play an important role in protecting electronic components. Applications of consumer electronics coatings include printed circuit boards and assemblies, sensors, LEDs, MEMS, capacitors, wafers, digital displays, and metal components. Consumer electronics coatings are used to protect electronic components from dust, chemicals, and moisture and temperature extremes.
Due to the rapid expansion of the electronics industry, consumer electronics coatings are finding their way into the domestic and mobile electronics industries, providing the necessary combination of high performance and reliability within a vast array of electronic devices. Consumer electronics coatings can be used in a wide range of environments to protect printed circuit boards from moisture, salt spray, chemicals, and temperature extremes in order to prevent corrosion, mold growth, and electrical failures. Protection provided by consumer electronics coatings allows for higher power and closer track spacing, in turn enabling designers to meet the demands of miniaturization and reliability. Consumer electronics coatings play a critical role in reliability under harsh conditions of electronic components such as printed circuit boards (PCB's), hybrids, sensors and electronic assemblies. Application areas are in defence, aeronautic, marine and a variety of commercial, industrial and consumer applications.
Consumer electronics coatings can be applied to electronics in different methods. These methods include brush coating, spray application coating, and dipping. Brush coating can be applied by flow coating the material onto the board. It is usually suitable for low volume application such as finishing, and repair. Brush coating is highly subjective and requires a skilled operator. Spray application coating can be applied with a spray aerosol or dedicated spray booth with spray gun. It is usually suitable for low and medium volume processing. Quality of spray application coating is superior compared to other coating methods and requires skilled operator. Consumer electronic coatings dipping is highly repeatable process. Wrong selection of Consumer electronic coatings can hamper the long term reliability of circuit boards and can cause difficulties with processing and costs.
Consumer electronics coatings form a protective, insulating layer. The coating should also exhibit high dielectric strength. The minimum required strength can be determined from intertrack separation and the potential difference between adjacent tracks.
Consumer electronics coatings finds its application in the electronics, aerospace, military, marine and space exploration industries. The automotive electronics application segment is expected to account for large share of the global consumer electronics coatings market during the forecast period. Electronics in automobiles are usually placed in areas where they are subjected to harsh working conditions, chemical, moisture, dust, and vibration. These factors form the need of the consumer electronic coatings so that a protective layer can be added on electronic components to protect them from harsh environment, thus increasing the reliability of the product.
Based on region, the consumer electronics coatings market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is the dominant region of the consumer electronics coatings market due to the expansion in the automotive sector, which includes aerospace and defense electronics.
Key manufacturers operating in the consumer electronics coatings market are 3M, Specialty Coatings Systems, and Dymax Corporation.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.