- Electrostatic discharge (ESD) is the sudden flow of electricity between two electrically charged objects. This is caused by contact, electrical short, or dielectric breakdown. ESD tools help to eliminate this static electricity. This is done by having controlled low resistance with the help of a metal mat or insulating mat.
- There are two types of ESD tools – antistatic wrist strap and antistatic mat. The antistatic wrist strap is a device which is used to safely ground the person who is working on the sensitive electronic equipment, whereas the antistatic mat tool is used to prevent the accumulation of static electricity on electronic equipment.
Growing demand for electronic devices fueling the demand for ESD tools
- Over the last few decades, the manufacturing of electronic devices such as television sets, computers, and laptops has increased. These devices are adopted rapidly in workplaces as well as for personal use. Major players are focusing on technological developments and product quality due to increasing demand for computers.
- During the manufacturing or repairing of these sensitive electronic devices, ESD tools are required to protect them from electrostatic discharge. The damage due to electrostatic discharge are divided into catastrophic and latent. The electronics industry is facing huge losses due to these damages and hence adopting ESD tools. These factors are fueling the growth of the ESD tools market.
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Technological advancements in electronics industry
- Technological advancements such as miniaturization of components are being undertaken by major players. These developments have resulted in increasing electrostatic discharge and hence the damage. Further, the heat released causes most of the damage to a device.
- ESD occurs without the users feeling any sense of shock and hence static control is very important while manufacturing. These factors are fueling the ESD tools market.
Maximum Growth to be observed in the Asia Pacific Market
- In terms of region, the global ESD tools market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
- The ESD tools market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period. This growth is attributed to rising adoption of ESD tools in electronics industry, benefits of ESD tools, and growing manufacturing industry in developing economies such as Japan, Taiwan, and China.
- The ESD tools market in North America and Europe is expected to show high growth rate due to increasing competition among players. The market in Middle East & Africa is likely to show a uniform growth.
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Key Players in the Global Market
The global ESD tools market is highly concentrated as limited number of manufacturers are present. Prominent players operating in the global market are focusing on product launch and technological developments to meet the growing demand.
Key players operating in the global ESD tools market include:
- Botron Company Inc.
- Wera
- Wiha Tools USA
- EGA Master
- Panduit
Global ESD Tools Market: Research Scope
Global ESD Tools Market, by Type
- Antistatic Wrist Strap
- Antistatic Map
Global ESD Tools Market, by Industry Vertical
- Consumer Electronics
- Telecommunication
- Healthcare
- Others
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