North America In-Mold Electronics Market Size, Share, and Analysis by 2027

The North America in-mold electronics market is expected to grow from US$ 31.0 million in 2019 to US$ 239.7 million by 2027; it is estimated to grow at a CAGR of 40.2 % from 2020 to 2027.

The US, Canada, and Mexico are major economies in North America. Development in capacitive touch sensors is expected to upsurge the North America in-mold electronics market growth. The capacitive touch sensors development in devices such as smartphones and tablet PCs across North America is leading towards a new group of printed electronics applications that include in-molded plastics. By nature, capacitive switches are more reliable than mechanical switches as there are no moving parts to wear out or fail and the ability to print the controls onto a flat surface, then mold into the 3D interior portions of appliances and automotive electronics helps reduce the total space and weight of the final device. Materials required for in-mold products typically consist of Polycarbonate substrates and notable PTF conductors designed for flexible substrates. For instance, the silver conductors must maintain good adhesion and low resistivity after the substrate has been creased. In-mold electronic inks enable designers to imprint electronics in plastic. Uses such as touch controls and lighting can be instantly embedded within plastic parts by printing circuits directly onto plastic sheets, which are thermoformed and injection molded. This allows electronic controls to take on almost any shape, while moving closer to the surface for the strongest signal. So developments and advancements in capacitive touch sensors is expected to increase the demand of in-mold electronics, which will drive the North America in-mold electronics market growth.

Further, in case of COVID-19, 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 other 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 which has also affected the North America in-mold electronics market. Moreover, the component manufacturer, supply chain and distributor lack of availability of business also has significantly influencing the production of electronics by the market players. Thus, the North America in-mold electronics 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.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America in-mold electronics market. The North America in-mold electronics market is expected to grow at a good CAGR during the forecast period.

North America In-Mold Electronics Market Segmentation

North America In-Mold Electronics Market – By Application

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

North America In-Mold Electronics Market – By Ink Type

• Silver Conductive Ink
• Carbon Conductive Ink
• Others

North America In-Mold Electronics Market, by Country

• US
• Canada
• Mexico

North America In-Mold Electronics Market - Companies Mentioned

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

North America In-Mold Electronics Report Scope