TECHGuru

  Automotive Conformal Coatings Market: Introduction Conformal coatings are polymeric coatings applied in thin layers on printed circuit boards to protect and electrically insulate the components from environmental stresses. The coatings can be sprayed, brushed, or flow-coated. Key Drivers of Automotive Conformal Coatings Market Rise in per capita GDP and disposable income of global population has led to a rise in the number of vehicles in use. International Organization of Motor Vehicle Manufacturers (IOCA) stated that in 2015, the motorization rate was 471 per 1000 inhabitants. Increase in disposable income has also led to a change in lifestyle of people and consequently, transformed customer expectations related to vehicle safety, comfort, luxury, convenience, and entertainment. Consequently, changing customer expectations are prompting automakers to consistently develop their vehicle models and subsequently, boosting the number of electronic devices integrated per vehicle. Thus...