What Would Printed Electronics Market Be Like In The Upcoming Years?
Printed electronics is a set of printing techniques applied to create electrical devices on various substrates. Screen printing, gravure, offset lithography, flexography, and inkjet printing are some of the major printing techniques used for defining patterns on substrates or materials. As the technology continues to advance, the printed electronics are being used in different products. Low cost, easy production and integration along with flexible form factor are some of the major advantages of printed electronics, which is contributing towards positive growth of the market.
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The printed electronics market is expected to gain steady traction in the foreseeable future, owing to the active commercialization of printed electronics in different industries. Increasing proliferation of smart displays and touch devices is also contributing towards positive growth of the market.
The market for printed electronics is gaining significant traction due to growing application in RFID tags, solar cells, and OLED displays, among others. Increasing application of printed electronics in memory or logic, different sensors is one of the major growth driving factors for the market. Printed sensors and antennas to printed batteries and displays, printed electronics are being integrated into plastic film, paper, fabric, 3D printed objects and metals. These factors are projected to fuel the growth of printed electronics over the forecast period. Printed electronics have wide range of opportunity in the industries like aerospace, healthcare, and media, among others.
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This report segments the global printed electronics market on the basis of materials, technology, application and geography. On the basis of material, the printed electronics market is categorized into substances and inks. Substances segment is furthermore segmented into inorganic materials and organic materials sub-segments. Organic materials is segmented into polymers, papers, and others. Inorganic material is segmented into silicon, glass, and others. Inks segment is segmented into dielectric inks and conducive inks. On the basis of technology, the printed electronics market is categorized into ink-jet printing, gravure printing, flexography, screen printing, and others. On the basis of application, the printed electronics market is categorized into displays, sensors, batteries, lighting, RFID, photovoltaic, and others. For comprehensive understanding of market dynamics, the global printed electronics market is analyzed across key geographical regions namely Latin America, Europe, North America, Asia Pacific, Middle East and Africa. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Growing application of OLED displays and smart labels is a prominent factor to fuel growth of the printed electronics market
Growing application of printed sensors, batteries and other portable devices are anticipated to fuel the market for printed electronics over the forecast period globally. Moreover, growing usage of printed electronic devices in the healthcare industry is also contributing in the positive development of the market. Asia Pacific is leading the market for printed electronics, followed by North America due to increasing demand for the smart devices and displays. Owing to rapid progression of electronic products which includes RFID, membrane switches, electronic labels and printed displays are anticipated to contribute in the positive development of the market over the forecast period.
Key companies covered as a part of this study include T+ink, Inc., Thin Film Electronics ASA, NovaCentrix, Optomec Inc., E. I. du Pont de Nemours and Company, Xerox Corporation, Vorbeck Materials Corporation, Inc, Agfa-Gevaert N.V., LEONHARD KURZ Stiftung &Co. KG, Intrinsiq Materials, Inc., BASF SE, Samsung Electronics Co., Ltd. AND E Ink Holdings Inc.
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