Printed Electronics Industry Overview
The global printed electronics market size was valued at USD 8.66 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 22.3% over the forecast period as printed electronic products are gaining rapid traction.
The estimated escalation of the technology is attributed to its ability to be incorporated in a variety of dynamic application areas, such as the Internet of Things (IoT) and consumer electronics. The increasing penetration of IoT is providing several growth opportunities, widening the scope of printed electronics applications across the sector. 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.
Gather more insights about the market drivers, restraints and growth of the Global Printed Electronics Market
Printed electronics has been a significant research arena, focusing on continuous upgrades and improvisations to enhance the existing abilities and for exploring more applications across various fields. Increased investments in RD by various associations, organizations, and manufacturers over the last few decades have led to several benchmarking innovations and developments in this technology. The end-product manufacturers majorly include the producers of consumer electronics, such as IoT devices, smartphones, display devices, and other communication devices.
The manufacturers implement the technology into various products based on the necessity and supply to the distributors or retailers for sales purposes. The prominent players in the industry are focusing on mergers and acquisitions or distribution partnerships to establish a grip in the emerging regional markets, such as the Asia Pacific. For instance, Thin Film Electronics ASA (U.S.) has signed a distribution agreement with a Chinese company, CymMetrik. The agreement aims toward the expansion of sales, particularly in China, Taiwan, India, and other nations in the Asia Pacific region. Printed electronics technology is experiencing high demand in this continent on account of the increasing consumer electronics manufacturing practices.
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Printed Electronics Industry Segmentation
Grand View Research has segmented the global printed electronics market on the basis of material, technology, device, and region:
Printed Electronics Material Outlook (Revenue, USD Million, 2017 - 2030)
- Ink
- Substrate
Printed Electronics Technology Outlook (Revenue, USD Million, 2017 - 2030)
- Inkjet
- Screen
- Gravure
- Flexographic
Printed Electronics Device Outlook (Revenue, USD Million, 2017 - 2030)
- Displays
- Photovoltaic
- Lighting
- RFID
- Others
Printed Electronics Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA (Middle East Africa)
Key Companies profiled:
Some prominent players in the global Printed Electronics Industry include
- BASF SE
- DuPont
- Molex, Inc.
- PARC, a Xerox company
- E-Ink Holdings, Inc.
- Thin Film Electronics ASA
Order a free sample PDF of the Printed Electronics Market Intelligence Study, published by Grand View Research.
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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