Market Overview:
The global electrical BMC market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric vehicles and rising demand for electrical parts and electric motor parts. Asia Pacific is expected to be the fastest-growing region in the global electrical BMC market during the forecast period.
Product Definition:
An Electrical BMC is a Building Management Console that enables the monitoring and control of all electrical systems within a building. It is an important tool for facilities managers as it allows them to ensure the safety and efficiency of their building's electrical systems.
Epoxy Resin:
Epoxy resin is a thermosetting polymer, which contains an epoxide group. It is manufactured by the reaction of an aldehyde or ketal with an alcohol in the presence of acid catalyst. Epoxy resins are used for coating circuit boards and as insulators in electrical & electronic devices including resistors, capacitors, integrated circuits (IC), inductors and other components that require high temperature resistance along with excellent mechanical strength.
Vinyl Resin:
Vinyl resin is a type of synthetic rubber that can be processed either by being manufactured directly from styrene and butadiene or by being derived from acrylonitrile. It has high resistance to chemicals, heat, and ozone. Vinyl resins are used in the manufacturing of electrical bonding compounds (BMC) which find application in wires & cables, automotive components such as connectors & sockets along with various consumer goods like shoes soles etc.
Application Insights:
The application segment of the global electrical BMC market is categorized into electrical parts, electric motor parts and others. Electrical parts dominated the overall market in terms of revenue share at over 40% in 2017. The growth can be attributed to increasing demand for electronic devices across the globe. Moreover, epoxy resin based bmc has better mechanical properties as compared to vinyl resin based bmc which results in higher usage rate for electrical part among other applications such as electric motor or lighting system.
Electric motors are expected to be one of the fastest growing segments with a CAGR exceeding 7% from 2018 to 2030 owing to rising demand for industrial and commercial equipment globally coupled with technological advancements made possible through Electrical & electronics engineering (EEE). Electric motors are used extensively across end-use industries including construction equipment industry owing to their ability provide high torque at low speeds thereby making them ideal solution providers within their respective industries.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are witnessing strong economic growth owing to various factors such as increasing disposable income of consumers and improving standard of living due to rising per capita income. Growing industrialization coupled with rapid urbanization has resulted in an increased demand for electrical components across Asia Pacific region.
The growing manufacturing sector across Asia Pacific has led manufacturers from this region to establish their production facilities overseas due to low labor cost as compared to developed regions like North America or Europe.
Growth Factors:
- Increasing demand from the automotive and transportation sector
- Growing investments in smart grid infrastructure
- Rising demand for energy-efficient electrical equipment
- Proliferation of electric vehicles
- Growing popularity of renewable energy sources
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical BMC Market Research Report
By Type
Epoxy Resin, Vinyl Resin
By Application
Electrical Parts, Electric Motor Parts
By Companies
IDI, SDK, Huayuan Group, Mar-Bal, Polynt, Polmix, Changzhou Fonda, Kyocera, Astar, Cuyahoga Plastics, CME, Utek Composite, Aims Plastics and Chemicals, Changzhou Huari New Material, Yueqing SMC&BMC, Plenco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Electrical BMC Market Report Segments:
The global Electrical BMC market is segmented on the basis of:
Types
Epoxy Resin, Vinyl Resin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electrical Parts, Electric Motor Parts
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IDI
- SDK
- Huayuan Group
- Mar-Bal
- Polynt
- Polmix
- Changzhou Fonda
- Kyocera
- Astar
- Cuyahoga Plastics
- CME
- Utek Composite
- Aims Plastics and Chemicals
- Changzhou Huari New Material
- Yueqing SMC&BMC
- Plenco
Highlights of The Electrical BMC Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy Resin
- Vinyl Resin
- By Application:
- Electrical Parts
- Electric Motor Parts
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical BMC Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrical BMC is a term used to describe the ability of an electrical system to withstand transient events, such as lightning strikes and power outages.
Some of the major companies in the electrical bmc market are IDI, SDK, Huayuan Group, Mar-Bal, Polynt, Polmix, Changzhou Fonda, Kyocera, Astar, Cuyahoga Plastics, CME, Utek Composite, Aims Plastics and Chemicals, Changzhou Huari New Material, Yueqing SMC&BMC, Plenco.
The electrical bmc market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrical BMC Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrical BMC Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrical BMC Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrical BMC Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrical BMC Market Size & Forecast, 2020-2028
4.5.1 Electrical BMC Market Size and Y-o-Y Growth
4.5.2 Electrical BMC Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Epoxy Resin
5.2.2 Vinyl Resin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electrical Parts
6.2.2 Electric Motor Parts
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrical BMC Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrical BMC Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Epoxy Resin
9.6.2 Vinyl Resin
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electrical Parts
9.10.2 Electric Motor Parts
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Epoxy Resin
10.6.2 Vinyl Resin
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electrical Parts
10.10.2 Electric Motor Parts
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Epoxy Resin
11.6.2 Vinyl Resin
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electrical Parts
11.10.2 Electric Motor Parts
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Epoxy Resin
12.6.2 Vinyl Resin
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electrical Parts
12.10.2 Electric Motor Parts
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Epoxy Resin
13.6.2 Vinyl Resin
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electrical Parts
13.10.2 Electric Motor Parts
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrical BMC Market: Competitive Dashboard
14.2 Global Electrical BMC Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IDI
14.3.2 SDK
14.3.3 Huayuan Group
14.3.4 Mar-Bal
14.3.5 Polynt
14.3.6 Polmix
14.3.7 Changzhou Fonda
14.3.8 Kyocera
14.3.9 Astar
14.3.10 Cuyahoga Plastics
14.3.11 CME
14.3.12 Utek Composite
14.3.13 Aims Plastics and Chemicals
14.3.14 Changzhou Huari New Material
14.3.15 Yueqing SMC&BMC
14.3.16 Plenco
