The global electrostatic discharge trays market size was US$ 659.30 million in 2021. The global electrostatic discharge trays market size is forecast to reach US$ 1.3 billion by 2030, growing at a compound annual growth rate (CAGR) of 8% during the forecast period from 2022 to 2030.
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Anti-static trays are another name for electrostatic discharge trays. The trays are made from robust, thick plastic, and additional sections can be easily added to maintain proper spacing between equipment. An ESD tray is often designed to be easily stacked in order to guarantee the safe carriage of loose and delicate electronic items. ESD trays make it easier to count items in an inventory; excellent accuracy is feasible even with low-line parts that have thicker walls. Trays are also great for pulling out and showcasing fresh goods. Small electronic parts, PCBs, circuit boards, and PCBA & electronic components are protected mainly during shipping, packaging, and storage using ESD trays.
Factors Influencing Market Growth
The rising product advancements and increasing demand for trays in the various end-use industries, such as the automotive industry drive the global market.
The increasing per capita income worldwide is driving demand for luxury items such as high-tech vehicles and IoT-enabled home appliances, and the adoption of electric vehicles boosts the global market growth.
The rising investments in recyclable electrostatic discharge trays by manufacturing units are forecast to offer lucrative opportunities for the global market.
The increased cost of the manufacturing process may slow down the overall market growth.
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global market. Several governments worldwide imposed a lockdown in order to curb the virus from spreading. The supply and demand of electronic items were significantly impacted when the entire planet was placed under a severe lockdown and transportation was prohibited. The difficulty in moving electronic goods from one location to another had an impact on product manufacture, which in turn impacted demand for electrostatic discharge trays and slowed the expansion of the industry.
Regional Analysis
North America dominated the market in 2021 and is forecast to remain dominant during the forecast period. As a result of the growing adoption of new technologies worldwide drive the demand for ESD trays. Electrostatic discharge trays are used to safeguard automobile enterprises from harm after they adopted new equipment that boosted demand for transportation. Because they keep instruments and equipment that conduct electrostatic discharges at a safe distance from one another, electrostatic discharge trays have become more popular, which has fueled the market growth in the region.
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Leading Competitors
The leading prominent companies profiled in the global electrostatic discharge trays market are:
Tandem Equipment Sales Inc.
Conductive Containers Inc.
PPG Industries
DowDuPont,
Smurfit Kappa Group
BASF
TIP Corporation
Elcom (UK) Ltd.
Global Statclean Systems
Scope of the Report
The global electrostatic discharge trays market segmentation focuses on End-User and Regions.
Segmentation based on End-User
Network and Telecommunication Industry
Consumer Electronics and Computer Peripheral
Automotive Industry
Military and Defense
Healthcare
Aerospace
Others
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Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Key questions answered in the global market report are:
— How does a global company acquire markets?
— What are its core strategies and policies?
— What factors will influence the market over the forecast period?
— What are the factors driving and restraining the market?
— What are the leading competitors in the global market?
— Which region is growing at a higher pace in the global market?
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