In-Mold Electronics Market to Grow at a CAGR of 44.6% to reach US$ 942.6 Million from 2020 to 2027

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In-Mold Electronics Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Application (Automotive, Building Automation, Consumer Products, Wearable, Healthcare Others), Ink Type (Silver Conductive Ink, Carbon Conductive Ink, Others)

Publication Month: Oct 2020 | Report Code: TIPRE00010967 | No. of Pages: 126 | Category: Electronics and Semiconductor | Status: Published

The in-mold electronics market was valued at US$ 95.5million in 2019 and is projected to reach US$ 942.6million by 2027; it is expected to grow at a CAGR of 44.6% during 2020–2027.

In-mold electronicscome with various advantages over their standard counterparts. They are ~50% lighter than standard electronics due to the absence of mechanical buttons and switches. The fewer parts and manufacturing steps make the production process of the in-mold electronicsmore straightforward and more efficient. Additionally, assembly of parts in conventional electronics is a time-consuming process, which is eliminated in in-mold electronics. In an in-mold electronic, assembly is a single-connection, snap-on process, significantly diminishing assembly time while enhancing reliability and ease of service.Also, in-mold electronics enable design freedom by allowing 3D modern Smart Surfaces design with continuous surfaces. In-mold electronics integrate flexible circuitry and electronic elements into three-dimensional molded plastics. By impressing circuits straight onto plastic substrates, product designers can combine touch controls, lighting, and antennae in applications such as dryers, refrigerators, washing machines, automotive consoles, dashboards, steering wheels, and armrests. An in-mold electronic control panel dismisses complex, thick, and solemn multi-layer assemblies that are typicallya part of traditional electronics designs; as a result, they can be as thin as 2mm.

Impact of COVID-19 Pandemic on In-Mold Electronics Market

The North America region especially the U.S. witnessed an unprecedented rise in number of confirmed cases resulting in large-scale lockdown across different regions as well as industrial activities. As a result, several small & medium enterprise owners have limited their industry personnel whereas many others have laid off non-essential employees shortly owing to restricted business operation. In addition to this, the company also minimized the allocated budget for manufacturing of electronics owing to economic slowdown, which affected the global nosiness activities. Moreover, the component manufacturer, supply chain and distributor lack of availability of business also has significantly influencing the production of electronics by the In-Mold Electronics market players. Thus, the market is expected to witness a major drop in the demand from the end-users for the current year and the subsequent years to recover from the impact of COVID-19 pandemic.

Lucrative Regions ofIn-Mold Electronics Market

Lucrative Regions ofIn-Mold Electronics Market

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Market Insights–In-Mold Electronics Market

Growing Penetration of In-Mold Electronics Drives Market Growth

The in-mold-electronics market is expected to witness significant growth in the beginning of 2023–2024. The growth would start with simple small-area devices,further progressing on to more complex, larger-area applications. With time, the production volume would increase with a particular emphasis on reliability. Currently, the technology is primarily suitable for the production of touch panels for auto consoles and consumer appliances. Other industries are studying the in-mold technology to understand it better and extend its area of applications. Technology leaders are at the forefront of getting production-ready for introducing in-mold technology-based electronic components.

Ink Type-Based Insights

On the basis of ink type, the in-mold electronicsmarket is segmented intosilver conductive ink,carbon conductive ink, and others. Several inks are available, and suppliers are focusing on bridging the conductivity gap with the standard conductive inks, to improve the reliability of each electronic unit as well as units in a stack.

In-Mold Electronics Market, by Ink Type(% Share)

In-Mold Electronics Market, by Ink Type(% Share)

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Application-Based Insights

The in-mold electronicsmarket, based on application, issegmented intoautomotive, home and building automation, consumer products, wearables, healthcare, and others.Owing of its design freedom, and capability to meet functional requirements,in-mold electronics are more used technology than other switch technologies in industries such as automotive, home appliances, medical devices, retail, aerospace and defense, and consumer electronics.

Strategic Insights

Report Coverage - In-Mold Electronics Market
Report CoverageDetails
Market Size Value inUS$ 95.5Million in 2019
Market Size Value byUS$ 942.6Million by 2027
Growth rateCAGR of 44.6% from 2020-2027
Forecast Period2020-2027
Base Year2020
No. of Pages126
No. of Tables44
No. of Charts & Figures62
Historical data availableYes
Segments coveredApplication , Ink Type
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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The in-mold electronicsmarket players are mainly focusing on the development of advanced and efficient products.

  • In 2020, TactoTek collaborated with Clayens NP, France, to market and sell solutions built using the its own IMSE technology. Moreover, in 2018, Electronics & Imaging, one of business segments of DuPont, launched the second generation of in-mold electronic materials with developments in its electrically conductive adhesive, protection encapsulant, and crossover dielectric.
  • In 2020, GenesInk collaborated with Mino Group, a Japan-based printing equipment manufacturer. This partnership enabled the company to expand its business opportunities in Asia and Japan as the MINO group is the prominent provider of printing equipment dedicated to printed electronics.    

The global in-mold electronicsmarket has been segmented as follows:


In-Mold Electronics Market – by Ink Type

  • Silver Conductive Ink
  • Carbon Conductive Ink
  • Others


In-Mold Electronics Market – by Application

  • Automotive
  • Building Automation
  • Consumer Products
  • Wearables
  • Healthcare
  • Others


In-Mold Electronics Market –by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)

    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Rest of World (ROW)

    • Middle East and Africa (MEA)
    • South America (SAM)


In-Mold Electronics Market –CompanyProfiles

  • Butler Technologies, Inc.
  • DuPont de Nemours, Inc.
  • DuraTech Industries
  • Eastprint Incorporated
  • GenesInk
  • Golden Valley Products
  • InMold Solutions
  • Nissha Co., Ltd.
  • TactoTek Oy
  • YOMURA

Frequently Asked Questions

The growth of the in-mold electronics marketis primarily attributed to the advancement in capacitive touch sensors. Moreover,the space, cost and time benefit from in-mold electronics is attracting several various industries to adopt in-mold electronics technology in their manufacturing process.
It is expected that the market for in-mold-electronics will show significant growth beginning in the 2023 to 2024 period. The movement will start with simple small-area devices and then progressing on to more complex, larger-area applications. In time, volumes will increase, with a particular emphasis on stringent reliability. Auto consoles and consumer appliances are the top products suitable for in-mold electronic-based touch panels at present. Many other industries are studying in-mold technology to understand it better, seeing what they can do with it.
The in-mold electronics market is led by automotive segment with highest share and is expected to dominate in the forecast period. In-mold electronics are utilized for manufacturing instruments, door panels, windows, and door controls in the vehicles. In-mold electronics allow the redesign of the shape of door panels, covering integrated door heaters and control sensors as well as touch sensors for seat positioning. This technology of manufacturing and assembly enables designers to generate new shapes for car interiors.

The List of Companies - In-Mold Electronics Market

  1. Butler Technologies, Inc.
  2. DuPont de Nemours, Inc.
  3. DuraTech Industries
  4. Eastprint Incorporated
  5. GenesInk
  6. Golden Valley Products
  7. InMold Solutions
  8. Nissha Co., Ltd.
  9. TactoTekOy
  10. YOMURA
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the globalin-mold electronics market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the globalin-mold electronicsmarket, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth globalmarket trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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