A majority of the current printed electronics are conductive patterns in carbon or silver inks where high speed printing technology has not been able to cope with the inks or thick enough layers to achieve the required conductance in one pass. Who are the key players in the printed electronics market? With applications ranging from retail and packaging, to consumer electronics, aerospace, construction, automotive, and healthcare. Find out more about how we use your information in our privacy policy and cookie policy. The global printed electronics market is growing at a CAGR 18.5 % during the forecast period 2021 to 2030. Printed Electronics Market Size (US$ Mn) Analysis & Forecast, by Application, 20172031, 10.6. The display devices segment accounted for the largest share of more than 36.00% of the global revenue. WILMINGTON, DE / ACCESSWIRE / November 1, 2022 / Transparency Market Research Inc. - In 2021, the printed flexible electronics market size stood at US$ 12.25 Bn. Please fill out the form below for a free PDF report sample & Manufacturers have been focusing on current trends in the electronics sector, such as use of advanced materials, organic electronics, and miniaturization, for the last decade. Electronic Printed Electronics Market Size (US$ Mn) Analysis & Forecast, by Material, 20172031, 14.5. b. Electronic Printed Electronics Market Size (US$ Mn) Analysis & Forecast, by Material, 20172031, 10.5. Printed Electronics Market Size (US$ Mn) Analysis & Forecast, by Application, 20172031, 14.6. WELCOME TO PRINTED ELECTRONICS LTD PEL is a UK company developing processes and systems for the commercial fabrication of electronic devices and systems using inkjet and digital methods. Printed Electronics Market Size (US$ Mn) Analysis & Forecast, by Technology, 20172031, 13.4. Choose reports from a database of more than 10,000 reports. This printing process is used to create printed sensors and batteries, as well as posters, labels, signs boards, textiles, and electronic circuit boards. Drivers and Restraints: Impact Analysis, 14.3. The RFID device segment is witnessing notable traction across the globe owing to the increasing application of RFID in the rapidly growing packaging industry. //. Based on the technology, the screen-printing technology segment accounted for contributing the largest market share in 2020 and is expected to grow significantly during the forecast period. Free trial, before you make a purchase decision. The global printed electronics market is projected to grow from USD 9.9 billion in 2021 to USD 23.0 billion by 2026, at a CAGR of 18.3% from 2021 to 2026. Global Printed Electronics Market Analysis, by Technology, 5.1. Manufacturers incorporate technology into a variety of items based on customer demand and distribute them to distributors or retailers for sale. Precedence Research, Printed Electronics Market Size to Hit USD 44.4 Bn by 2030. 1. What are the key regions in the global printed electronics market? Printed Electronics Market Size (US$ Mn) Analysis & Forecast, by Application, 20172031, 11.6. Currently, printed electronics is a rapidly growing technology, and it is gaining popularity in various industries such as healthcare, aerospace, media, and transportation. Printed electronics technology is experiencing high demand in this continent on account of the increasing consumer electronics manufacturing practices. Various substrates used are plastic, glass and paper. online dashboard trial. In 2020, Henkel partnered with Byteflies and Quad Industries for a smart patch that is used for remote monitoring of patients. Battery heaters and sensors, interior heaters, HMI sensors, flexible displays and lighting, in-mold electronics, and transparent heaters and antennas are all part of this category. What is the printed electronics market growth? In terms of value, Asia Pacific held 44.6% share of the global printed electronics market in 2021. Middle East & Africa is a larger market for printed electronics as compared to the market in Latin America; however, the market in Latin America is estimated to expand at a rapid pace as compared to the market in Middle East & Africa. Key Parameters promoting the market growth include the low cost of manufacturing these devices and is quite affordable, significant cost advantages, increasing application in the internet of . Complimentary 10 hours free analyst time for market review, 3. Printed Electronics Market Size (US$ Mn) Analysis & Forecast, by Technology, 20172031, 11.4. On the basis of material, the printed electronics market is segmented into substrates and inks. The competitive landscape of the industry has also been examined along with the profiles of the key players being Agfa-Gevaert N.V., BASF SE, DuPont de Nemours Inc., E Ink Holdings Inc., Molex LLC (Koch Industries), Nissha Co. Ltd., NovaCentrix, Optomec Inc., Palo Alto Research Center Incorporated (Xerox Corporation), Vorbeck Materials Corporation and Ynvisible Interactive Inc. Based on the device, the global printed electronics market can be categorized into display, photovoltaic, lighting, RFID, and others. The global printed electronics market is likely to grow by 24 US$ billion by the end of the estimated period, at a CAGR of 19%. Online Exclusives David Savastano, Editor 10.31.22 For the purpose of this study, Grand View Research has segmented the global printed electronics market report on the basis of material, technology, device, and region: Material Outlook (Revenue, USD Million, 2017 - 2030), Technology Outlook (Revenue, USD Million, 2017 - 2030), Device Outlook (Revenue, USD Million, 2017 - 2030), Regional Outlook (Revenue, USD Million, 2017 - 2030). What is the CAGR of printed electronics market? Key Parameters promoting the market growth include the low cost of manufacturing these devices and is quite affordable, significant cost advantages, increasing application in the internet of things, thin . Printed electrical devices also provide excellent . See for yourself. Furthermore, growing investment for the development of advance printing material have fueled the printed electronics market. Membrane keyboards, RFID antennas, and other applications use screen printing. Market Attractiveness Analysis, by Technology, 6. The report will account for Covid19 as a key market contributor. Over the projection period, the regions are expected to rise steadily in terms of CAGR. With the increasing requirement for next-generation flexible products, there is a rising demand for energy-efficient, thin and sustainable consumer electronics. The Printed Electronics market's growth factors are analyzed in depth, and the various market end users are described in length. There is a shifting consumer preference for printed electronics in wearable devices, smart packaging solutions, medical devices and smart apparels due to the favorable sensing, data storage and transmission properties. Addition or alteration to country, regional & segment scope. The report aims to provide . - In 2021, the printed flexible electronics market size stood at US$ 12.25 Bn. COVID-19 Impact and Recovery Analysis, 5. What is the breakup of the global printed electronics market based on the material? Printed Electronics Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 20172031, 11. The global printed electronics market is projected to grow from USD 7.8 billion in 2020 to USD 20.7 billion by 2025; it is expected to grow at a CAGR of 21.5% during the forecast period. *Get Sample Report (PDF) sent to your email within minutes, The printed electronics market stood at US$ 12.25 Bn in 2021, The printed electronics market is expected to rise at a CAGR of 14.2% from 2022 to 2031, Rise in use of printed electronics in the automotive industry and increased demand for wearable devices and display screens, The consumer electronics segment accounted for major share of 39.3% of the printed electronics market in 2021, Asia Pacific is a more attractive region for vendors in the printed electronics market, Brckner Maschinenbau GmbH & Co. KG, Cicor Management AG, Henkel Group, Jabil Inc., komura-tech co., ltd, Molex, LLC, Notion Systems GmbH, Nissha Co., Ltd., Optomec, Inc., Tritek Co., LTD., and Witte Technology GmbH, 2.1. Flexible Electronics Market is poised to grow at a CAGR of 18.75% by 2027, the key driver of the market is the growing use of flexible sensors in smart packaging and tracking applications. Global Printed Electronics Market Analysis, by Application, 7.1. What are the factors driving the printed electronics market. On the basis of technologies, the global market has been further segmented into inkjet, screen, gravure, and flexographic technologies. Free upgrade to enterprise license (allows to share across all company locations), 5. In addition, the rising demand for advanced OLED displays and printed RFID devices are paving the way for increasing the adoption of the technology owing to its low production cost, higher efficiency, and low power consumption. Because of the precision, authenticity, dependability, and cost-effectiveness provided, printed electronics RFID devices are in high demand in the packaging industry. The rising need for sophisticated printing technologies, better quality conductive inks, and compact devices are estimated to contribute positively towards the market growth. Request a sample to get extensive insights into the Printed Electronics Market. Global Printed Electronics Market Analysis and Forecast, by Region, 9.1. Based on the End-use industry, the aerospace and defense segment is predicted to grow at the fastest rate. Conductive inks are utilized to make printed items that conduct electricity. Printed electronics refer to the electronic devices developed on substrates, such as foil, paper, glass and fabric polymers, using carbon-based compound inks, inkjet printers and flexography, gravure and screen-printing technologies. Consumption was majorly attributed to significantly high demand for printed electronics in the retail and packaging industries, which held a major share in the total consumption in Asia Pacific. 3D electronics, which provide complete circuits to be integrated within an object, are on the rise as they continue to undergo . Looking forward, IMARC Group expects the market to reach US$ 130.8 Billion by 2027, exhibiting a growth rate (CAGR) of 16.56% during 2022-2027. Graphene ink, for example, is being developed to create low-cost, flexible, water-resistant, and highly conductive electrical circuits. Drivers and Restraints: Impact Analysis, 11.3. The MarketWatch News Department was not involved in the creation of this content. The industry is on the brink of facing a reduction in production, disruption in supply, and price fluctuations. The use of IoT is providing growth opportunities across the sector. The expansion of the printed electronics market in this area is being driven by factors such as the acceptance of novel technologies and the rising popularity of advanced consumer electronics.

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