Market Overview:
The global electronic cleaning market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductors and solar energy products, and the growing awareness about cleanroom hygiene among consumers. In terms of type, the solvent segment is expected to lead the global electronic cleaning market during the forecast period, followed by wipes and safewash range segments. In terms of application, semiconductor is expected to lead the global electronic cleaning market during 2018-2030 owing to its high demand from various end-use industries such as automotive, aerospace & defense, and consumer electronics.
Product Definition:
A technique for cleaning electronic equipment, typically one involving the use of a solvent or other cleaning fluid. Electronic cleaning is important to ensure that electronic equipment functions properly and does not experience any malfunctions.
Solvent:
Solvent is a liquid used to dissolve another substance. It can be water-based or solvent-based. The most common solvents are alcohols, glycol ethers, acetone and methyl ethyl ketone (MEK). Solvent based on ethanol can also be used for cleaning purposes as it has the ability to remove grease and oil from various surfaces.
The global solvent market size was valued at USD 7.8 billion in 2016.
Wipes:
Wipes are cloths or thin pieces of plastic that are saturated with cleaning solution and can be used to clean various parts of the electronic devices. Wipes come in different forms such as cloth, paper, and foam based on the type of surface to be cleaned. The wipes form an effective and cheap alternative for commercial cleaners as well as household cleaners. Electronic wipes market is growing at a rapid pace owing to its increasing use in daily life especially by people who work from home or offices.
Application Insights:
The others application segment includes medical, aerospace and defense, automotive, and electronics. The demand for the product is expected to increase owing to the growing use of electronic devices in these industries. For instance, according to a study published by IHS Markit in 2017; it was estimated that around 25% of an automobile¢â‚¬â„¢s parts are made up of electronic components. Thus increasing the risk of contamination from dust and other particulate matter which leads to corrosion if not cleaned properly will drive growth over the forecast period.
Electronic cleaning products are used extensively across all applications as they offer effective removal without any risk or damage associated with using chemical solvents which can harm sensitive equipment such as microelectronics at very low temperatures making them unusable thus driving growth over forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing foreign investments in countries such as China, India, and Japan. For instance, in 2016, China witnessed USD X billion FDI flow which was higher than that of any other country globally. This trend is projected to continue over the next few years thereby driving regional electronic cleaning market growth.
Moreover, rising disposable income coupled with rapid urbanization across these developing nations has led them into becoming manufacturing hubs for a number of global players who are now focusing on tapping into these untapped markets by introducing technologically advanced products catering to different applications within industries such as automotive and electronics among others thus boosting industry expansion rates overall for electronic cleaning solutions providers worldwide.
Growth Factors:
- Increasing demand for miniaturization in electronic devices is driving the market for electronic cleaning.
- The increasing use of electronics in automobiles is also propelling the growth of this market.
- Growing awareness about the importance of cleanliness in electronics is fueling the demand for electronic cleaning products and services.
- Rapid technological advancements are resulting in new and innovative products that need to be cleaned regularly, thereby providing opportunities for growth to players operating in this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Cleaning Market Research Report
By Type
Solvent, Wipes, Safewash Range, Others
By Application
Semiconductor, Solar Energy, Optoelectronics, MEMS, Others
By Companies
ITW(US), Electrolube(UK), ZESTRON(US), M(US), Cox Industries(US), Walter Surface Technologies(US), Chemtools(AU), Kyzen(US), Sealed Air(US)
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Cleaning Market Report Segments:
The global Electronic Cleaning market is segmented on the basis of:
Types
Solvent, Wipes, Safewash Range, Others
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
Semiconductor, Solar Energy, Optoelectronics, MEMS, Others
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:
- ITW(US)
- Electrolube(UK)
- ZESTRON(US)
- M(US)
- Cox Industries(US)
- Walter Surface Technologies(US)
- Chemtools(AU)
- Kyzen(US)
- Sealed Air(US)
Highlights of The Electronic Cleaning 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:
- Solvent
- Wipes
- Safewash Range
- Others
- By Application:
- Semiconductor
- Solar Energy
- Optoelectronics
- MEMS
- Others
- 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 Electronic Cleaning 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?
Electronic cleaning is a process of using electronic equipment to clean surfaces. This can be done by either using an automated system or by hand.
Some of the major players in the electronic cleaning market are ITW(US), Electrolube(UK), ZESTRON(US), M(US), Cox Industries(US), Walter Surface Technologies(US), Chemtools(AU), Kyzen(US), Sealed Air(US).
The electronic cleaning market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Cleaning 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 Electronic Cleaning Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electronic Cleaning 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 Electronic Cleaning 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 Electronic Cleaning Market Size & Forecast, 2020-2028 4.5.1 Electronic Cleaning Market Size and Y-o-Y Growth 4.5.2 Electronic Cleaning 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 Solvent
5.2.2 Wipes
5.2.3 Safewash Range
5.2.4 Others
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 Semiconductor
6.2.2 Solar Energy
6.2.3 Optoelectronics
6.2.4 MEMS
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Cleaning 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 Electronic Cleaning 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 Solvent
9.6.2 Wipes
9.6.3 Safewash Range
9.6.4 Others
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 Semiconductor
9.10.2 Solar Energy
9.10.3 Optoelectronics
9.10.4 MEMS
9.10.5 Others
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 Solvent
10.6.2 Wipes
10.6.3 Safewash Range
10.6.4 Others
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 Semiconductor
10.10.2 Solar Energy
10.10.3 Optoelectronics
10.10.4 MEMS
10.10.5 Others
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 Solvent
11.6.2 Wipes
11.6.3 Safewash Range
11.6.4 Others
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 Semiconductor
11.10.2 Solar Energy
11.10.3 Optoelectronics
11.10.4 MEMS
11.10.5 Others
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 Solvent
12.6.2 Wipes
12.6.3 Safewash Range
12.6.4 Others
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 Semiconductor
12.10.2 Solar Energy
12.10.3 Optoelectronics
12.10.4 MEMS
12.10.5 Others
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 Solvent
13.6.2 Wipes
13.6.3 Safewash Range
13.6.4 Others
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 Semiconductor
13.10.2 Solar Energy
13.10.3 Optoelectronics
13.10.4 MEMS
13.10.5 Others
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 Electronic Cleaning Market: Competitive Dashboard
14.2 Global Electronic Cleaning Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ITW(US)
14.3.2 Electrolube(UK)
14.3.3 ZESTRON(US)
14.3.4 M(US)
14.3.5 Cox Industries(US)
14.3.6 Walter Surface Technologies(US)
14.3.7 Chemtools(AU)
14.3.8 Kyzen(US)
14.3.9 Sealed Air(US)