Published Date: 30-Aug-2023
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According to a new report, published by KBV research, The Global Mesh Nozzle Plates Market size is expected to reach $48 million by 2030, rising at a market growth of 6.2% CAGR during the forecast period.
The Electronics segment is leading the Global Mesh Nozzle Plates Market by Application in 2022; thereby, achieving a market value of $17.8 million by 2030. Precision material deposition is required due to the rising need for smaller electronic devices. Inkjet printing technology, which relies on mesh nozzle plates for precise material deposition, is widely employed in the manufacture of electronics. Mesh nozzle plates are necessary for accurate material deposition during the manufacture of complicated components when 3D printing, and additive manufacturing are used in the electronics industry.
The Engineered Plastic segment is registering a CAGR of 6.8% during (2023 - 2030). The cost-effectiveness of the material and increased R&D by market participants to diversify their portfolios are the main drivers of this expansion. For example, Micro Base in Taiwan sells a polyimide-based mesh and its other metallic mesh nozzle plates for their series of nebulizers.
The North America region dominated the Global Mesh Nozzle Plates Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $16,530.7 Thousands by 2030. The Europe market is anticipated to grow at a CAGR of 5.8% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 6.9% during (2023 - 2030).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Omron Corporation, Temicon GmbH, Veco B.V. (Muon Group), Informatic Component Technology Limited, Tekceleo, MicroBase Technology Corporation, APC International, Ltd., Aerogen Ltd. and Piezo Direct.
By Material Type
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