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Lucintel Forecasts The Global Magnetorheological Elastomer Market To Grow With A Cagr Of 3.1% From 2024 To 2030

According to a market report by Lucintel, the future of the global magnetorheological elastomer market looks promising with opportunities in the jog dial & switch, wearable device, VR accessory, game controller, & tablet PC markets. The global magnetorheological elastomer market is expected to grow with a CAGR of 3.1% from 2024 to 2030. The major drivers for this market are rise of automation in various industries and growing demand for precise and controllable motion control solutions.
A more than 150-page report to understand trends, opportunity and forecast in global magnetorheological elastomer market to 2030 by type (silicone resin matrix and natural rubber matrix), application (jog dial & switch, wearable device, VR accessory, game controller, and tablet PCpc), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, silicone resin matrix is expected to witness a higher growth over the forecast period.
Within the application category, jog dial & switch is expected to witness the highest growth.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period.
CK Materials Lab, Fraunhofer ISC are the major suppliers in the magnetorheological elastomer market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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