The Global Printed Electronics Market Report is estimated to reach $19.4 billion by 2024; with the CAGR of 22.6% from 2016 to 2024.
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Printed electronics is a printing process of the conductive polymers and inks ontthe fabrics or foils, tmanufacture electrical circuits.
Printing electronics is majorly used for creating transistors, coils, and other electrical boards or circuits. It is a flexible and faster method of manufacturing circuits, but costs comparatively higher in comparison ttraditional printing ways.
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Various application areas such as electronics, healthcare, media and others pose a huge demand for printed electronics owing tits thickness and compressed size.
Low manufacturing cost, wide range of substrates, and eco-friendly technology are the major factors driving the global printed electronics market. Moreover, increased demand for flexible and bendable electronics has alspropelled the growth of global printed electronics market.
However, lack of consumer awareness and increased competition from non-printed electronic products is the major challenge for competitors. Innovative product developments would provide several growth opportunities for the market in coming years.
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The application segment is further sub-segmented intautomotive, retail & packaging, electronics, display, and others. Substrates and Inks are the various classifications of printed electronics market by materials.
Screen printing dominated the technology segment with the largest market share in 2016, and is expected tcontinue its dominance during the forecast period. Inkjet printing is expected tgrow at the fastest CAGR, owing tits multiple features such as, light, compact, high resolution, and low cost.
Based on geography, the market has been segmented intNorth America, Europe, Asia Pacific and ROW. The U.S., Canada, and Mexicare covered under North America wherein Europe covers Germany, France, United Kingdom, Spain and others.
Asia-Pacific covers China, India, Japan, South Korea and others. Rest of the world (RoW) covers South America, Middle East and Africa.
Major companies operating in this market are T-ink, Inc. (U.S.), BASF SE (Germany), E.I.
DuPont de Nemours & Co. (U.S.), Molex, Inc. (U.S.), E Ink Holdings Inc. (China), YD Ynvisible, S.A.
(Portugal), ThinFilm Electronics ASA (Norway), PARC, Inc. (U.S.), NovaCentrix (U.S.), and GSI Technologies, LLC (U.S.).
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The key takeaways from the report
- The report will provide detailed analysis of printed electronics market with respect tmajor segments such as technology, materials and application.
- The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024.
- Comprehensive analysis of market dynamics including factors and opportunities.
- An exhaustive regional analysis of printed electronics market.
- Profile of key players of the printed electronics market, which include key financials, product & services and new developments.
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Scope of Printed Electronics Market
- Ink-jet printing
- Gravure printing
- Screen printing
- Retail & packaging
- United Kingdom
- South Korea
- South America
- Middle East
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