Circuit Board Labels Market: Global Industry Analysis And Forecast 2019 - 2027

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Introduction to the Circuit Board Labels Market

Circuit board labels are one of the ESD protective solutions used widely in industrial packaging industry. Circuit board labels are used for variety of purposes, including tracking WIP, identification, quality control, compliance mandates, and warranties, among others. The printed circuit board labels market is expected to gain traction during the forecast period as the preference for ESD protective packaging solutions increases. Printed circuit board labels are better than the alternative solutions available in the market in two key ways –

  • Printed circuit board labels are designed in a such as way as to prevent significant charge build-up throughout its life span, once span. This aids in avoiding static discharge events
  • Alternative labelling formats are not able to prevent damage to several components by the charge generated during removal from the liner, unlike printed circuit labels.

Manufacturers of printed circuit board labels are expected to focus on offering durable labelling solutions compliant with REACH, HALOGEN FREE, and RoHS requirements for solutions used in electronics packaging. The outlook for growth of the global circuit board labels market is expected to be positive during the forecast period.

The Dynamics of Circuit Board Labels Market

The global electronics packaging industry has undergone significant transformation in the past few decades. As manufacturers look for ways to enhance manufacturing capabilities, the smart packaging race is expected to compel most of them to resort to automated labelling systems for their circuit boards. Circuit board labels enable improved and accurate tracking of raw materials as well as finished goods. As more and more companies realize that labelling their printed circuit boards is a critical step, they will ultimately be able to attract more customers due to significant competitive advantages.

High demand for labelling solutions which can withstand high temperatures is expected to be the key factor driving growth of the global circuit board labels market during the forecast period. Circuit board labels are also expected to register growth in demand due to the need for labelling solutions intended to reduce counterfeit products in the market. Additionally, circuit board labels are in compliance with respect to legal and regulatory aspects. Therefore, it is anticipated that they will witness further increase in sales in the next decade, which is mainly expected to be driven by the huge yet largely untapped market in the Asia Pacific region.

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Circuit Board Labels Market: Regional Outlook

The U.S. circuit board labels market expected to spearhead growth of the North America market, which in turn is likely to maintain its edge over the other regional circuit board labels markets in terms of market share. The Europe circuit board labels market is expected to follow the North America market in terms of market share, with the Germany circuit board labels market being the leading one in terms of regional share.

Circuit Board Labels Market: Segmentation

The defined scope for the circuit board labels market is as below –

By face-stock material, the global circuit board labels market is segmented as –

  • Polyimide
  • Polyester (PET)
  • Other plastics

By label type, the global circuit board labels market is segmented as –

  • Barcode/serial number labels
  • Blank custom labels

Circuit Board Labels Market: Key Players

Some of the key players operating in the global circuit board labels market are as follows –

  • Avery Dennison Corporation
  • Brady Corporation
  • HellermannTyton Corporation
  • Dasco Label

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

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