Global Electro Static Discharge (ESD) Packaging Market: Market Research by Knowledge Sourcing Intelligence
The global Electro Static Discharge ( ESD ) packaging ma rket is projected to witness a growth at a CAGR of 7.25 % during the forecast period to reach a total market size of US $ 2.971 billion by 2022 , increasing from US $ 4.216 billion in 2017 . M iniaturization of electronic devices in tandem with the growing demand for convenient and innovative electronic products is a key factor driving the ESD packaging market growth. Moreover, burgeoning demand for smart devices along with higher internet penetration and increasing investments in ICT infrastructure is further contributing to the ESD packaging market growth. In addition, technological advancements in the automotive industry are spurring up the demand for semiconductor wafers and multiple types of ICs for various applications . However, strict regulation s f...