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Market Research Forecasts Advanced Electronic Materials Market at $26 Billion by 2021

(May 28, 2012)

ROCKVILLE, MD -- (Marketwire) -- 05/28/12 -- MarketResearch.com has announced the addition of the new report "New Electronic Materials and Device Technologies: Global Markets" to their collection of Electronics market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Electronic-Materials-Device-Technologies-Global-6948502/

The total market for advanced electronic materials is projected to increase from $27.6 million in 2010 and $30.7 million in 2011 to more than $5.5 billion in 2016 and almost $26 billion in 2021 at a compound annual growth rate (CAGR) of 36.3% for a period of five years, i.e., 2016 to 2021.

The market segment consisting of sensors and imaging equipment was $24.8 million in 2011 and is expected to increase to $869.2 million by 2016, a CAGR of 103.7%. This market is further projected to reach nearly $3 billion by 2021, a CAGR of 28.2% for a period of five years, i.e., 2016 to 2021.9

The communication market segment was $4.2 million in 2011, which is expected to increase to $232.9 million by 2016, a CAGR of 123.2% for a period of five years, i.e., 2011 to 2016. This particular market is further projected to reach nearly $2 billion by 2021, a CAGR of 53.1% for a period of five years, i.e., 2016 to 2021.


For more information, visit http://www.marketresearch.com/BCC-Research-v374/Electronic-Materials-Device-Technologies-Global-6948502/

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit http://www.marketresearch.com.

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