IC Trays Market

The global IC Trays market was valued at 282.64 Million USD in 2021 and will grow with a CAGR of 4.65% from 2021 to 2027, based on Research newly published report.

The prime objective of IC Trays Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, IC Trays Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

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

By Types:

MPPE

PES

PS

ABS

By Applications:

Electronic Products

Electronic Parts

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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