Transient electronics refers to an emerging class of electronics with distinct characteristics that can be absolutely recycled within a programmed period of time. Moreover, no harmful byproducts are released, these electronics can be used in the human body as a diagnostic tool, and many other applications. Currently, researchers are making efforts to create a special degradable polymer composite materials that provide a suitable platform for electronic devices and its components across the various industry verticals.
Transient electronics market has been segmented by components, and end user industry. Based on the components the market is segmented into transistors, diodes, inductors, capacitors, resistors, polymer substrates, and others. On the basis of end use applications, the market is classified into healthcare, consumer electronics, defense, and others. Increasing demands for the prevention of sensitive data leakage, the reduction of electronic waste, and the elimination of additional surgery to remove electronic implants are the major factors impacting the market growth during the forecast period.
This eco-friendly technology is expected to bring a revolutionary change in electronic recycling sector and application of transient electronics in healthcare implants is creating a huge opportunity for the growth of market. Increasing need for environment friendly solutions, and emerging applications are the prime growth drivers of global transient electronics market. However, safety & commercialization issues are key restraints for global transient electronics market. Rising sophistication technologies across various end user industries is also one of the factors driving the transient electronics market across the globe.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. North America is the dominating market which held a major revenue share in 2017 and is estimated as fastest growing market during the forecast period, mainly driven by rising demand for technological developments across the healthcare industry.
Sample Companies Profiled in this Report are:
- American Association for the Advancement of Science
- University of Illinois Urbana-Champaign
- Defense Advanced Research Projects Agency
- The Small Business Innovation Research
The methodology for estimating the transient electronics market involved demand in the various industries. The segmentations have been cross-mapped extensively to understand various market dynamics. Simultaneously, the companies involved at integration and distribution level were also studied from the perspective of their services, geographical presence, annual turnover and few other parameters to substantiate the estimations. All these estimations were further validated through primary research and industry experts.