Global IC Trays Market to Clock 4.9% CAGR from 2021-26

The global IC Trays market was valued at US$ 296.1 million in 2019 and is expected to reach US$ 409.6 million by the end of 2026, growing at a CAGR of 4.9% during 2021-2026.

IC trays are used for automated handling, protection, shipment and storage of sensitive electronic devices. Such as QFA, BGA, TSOP, and PGA packages. They also provide functions such as thermal resistance.

IC Trays market is relatively fragmented with fierce competition. Daewon is the world-leading player in the global IC Trays market with a market share of about 8% in 2019, in terms of revenue, followed by Kostas, Sunrise, Peak International, SHIMON, Mishima Kosan, HWA SHU and ASE Group. The top 8 companies accounted for nearly 48% of the revenue market share in 2019.

The Asia Pacific is the largest downstream region, occupied about 56% of the market share, in terms of volume. While the Asia Pacific market will continue to be at the forefront of global demand with a market share of around 60% in 2025.

It has MPPE, PES, PS, ABS and other types.

It can apply to electronic products and parts, and others.

Global IC Trays Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global IC Trays Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Daewon, Kostat, Sunrise, Peak International, Shinon, Mishima Kosan, Hwa Shu, Ase Group, Tomoe Engineering, Itw Ecps, Entegris, Epak, Rh Murphy Company, Shiima Electronics, Iwaki, Ant Group, Hiner Advanced Materials, Mti Corporation and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-ic-trays-market-research-report

Segment by Type

  • MPPE
  • PES
  • PS
  • ABS
  • Others

Segment by Application

  • Electronic Products
  • Electronic Parts
  • Others

Table of Content:

1 IC Trays Market Overview

2 IC Trays Market Competition by Manufacturers

3 IC Trays Retrospective Market Scenario by Region

4 Global IC Trays Historic Market Analysis by Type

5 Global IC Trays Historic Market Analysis by Application

6 Key Companies Profiled

7 IC Trays Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 IC Trays Market Dynamics

10 Global IC Trays Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

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