Structural Electronics Market Size (2024 - 2029)

Structural Electronics Market Analysis

The structural electronics market is expected to register a CAGR of 15.3% during the forecast period (2021 - 2026). Improvements in 3D technology and the rise of IoT are the factors fueling the growth of structural electronics market. Additionally, there is an increase in the demand for lightweight, cost-effective, and compact products. Structural electronics offer these advantages, thereby augmenting their usage in a wide range of applications.

• Structural electronics are replacing the old components-in-a-box approach with smart materials, such as smart skin, load-bearing parts, and e-textiles. The key capability of structural electronics is to reduce the weight of the product and is expected to disrupt the automotive and aerospace sectors.
• Advancements in material science to develop stretchable conductive materials, application diversity, and government funding are expected to play important roles in driving the advancements in the structural electronics industry.
• For instance, one of the largest Japanese car companies experimented with a 3D printing of ultra-lightweight vehicle seats based on bird-bone structure. The car is expected to become the first 3D-PE (3D Printed Electronics) with electrics and electronics built into the seat.
• However, the lack of technological awareness might hamper the growth of the market during the forecast period.

Structural Electronics Industry Segmentation

The term, structural electronics (SE), refers to a next-generation based electronics technology, which involves the printing of functional electronic circuitries, across irregular-shaped architectures. SE is expected to replace bulky load-bearing structures within a circuitry with smart electronic components that can conform to complex shapes for ensuring optimum space utilization. SE offers different and better ways of implementing electronic functionalities into the products.