Printed Electronics Market Technological Advancements, Growth Opportunity and Forecast 2018-2026
The Global
Printed Electronics Market was valued at US$ 3,345.0 million in
2015 and is projected to expand at a CAGR of 21.3% during the forecast period
(2017–2025), as highlighted in a new report published by Coherent Market
Insights. Growing demand for smart devices and displays is one of the
major driving factors for the market. Continuous technological advancement in
the field of electronic components that use printed electronics in turn is
having a positive impact on the market for printed electronics globally.
Download PDF To explore detail study
@ https://www.coherentmarketinsights.com/insight/request-pdf/595
The demand for printed electronics is
anticipated to surge over the forecast period as growing demand for printed
batteries and printed antennas is one of the key reasons behind the growth of
printed electronics globally. Printed electronics are required for the mass
production of tags, color e-papers and smart labels which is another prime
factor fueling the market. Smart touch devices and displays are anticipated to
contribute in the positive growth of the printed electronics market over the
forecast period. Easy production and integration, low cost along with flexible
form factor are some of the major advantages of printed electronics which is
contributing in the positive growth of the market.
The growth in the revenue of the global
printed electronics market is also attributable to growing application of the
printed sensors and batteries in various industries. Increasing application of
printed batteries in different medical devices is also considered as one of the
drivers for the market. Medical sensors and diagnostic devices are some of the
prime application areas of the printed electronics. Wireless sensors, smart
cards, portable electronic devices are core application areas for the printed
electronics globally, which is anticipated to boost the growth of the market
over the forecast period.
Browse More About the Market Study @ https://www.coherentmarketinsights.com/market-insight/printed-electronics-market-595
Printed electronics are primarily used in
smart labels, as they offer rapid replacement for conventional labels. The wide
verity of applications of printed electronics in flexible displays is due to
properties such as light weight, ultra-thin, bendable, shatter-proof energy
efficient, portable and unbreakable. Furthermore, increasing utilization of
printed electronics in memory or logic and different sensors propels growth of
the market. Increasing demand for Internet of Things (IoT) applications and
significant cost advantages provided by the printed electronics products is
boosting growth of the printed electronics market. Moreover, new portable and
miniaturized electronic devices are driving growth of the global printed
electronics market. R&D in the field of printed electronic materials is
also expected to drive the market over the forecast period. Majority of printed
electronics and equipment manufacturers are developing new products to maintain
the dominant position in the market. However, electrical conductivity in
printed electronic materials have certain technological complexities with some
substrates or materials, restraining growth of the market. However, rising
application of printing technologies in memory, logic, energy storage devices,
mobile chips and printed circuit boards are expected to drive growth of the
market over the forecast period.
Ask for Discount
before Buying @: https://www.coherentmarketinsights.com/insight/request-discount/595
Key takeaways of the Printed Electronics
Market:
• The global printed electronics market is estimated to increase at a
CAGR of 21.3% over the forecast period (2017–2025) as there exists major demand
in the global market, especially in Asia Pacific and North America
• Among materials, substrates segment dominates the market, owing to
its application in printed batteries and sensors
• Screen printing is the largest technology segment in the printed
electronics market, as it is primarily used in various electronic portable
devices
• Displays is the leading application segment in the printed
electronics market, owing to growing demand for smart devices and touch
displays
• Some of the major players involved in global printed electronics
market are T+ink, Inc., NovaCentrix, Optomec Inc., E. I. du Pont de Nemours and
Company, Thin Film Electronics ASA, Xerox Corporation, Vorbeck Materials
Corporation, Inc, LEONHARD KURZ Stiftung &Co. KG, Intrinsiq Materials,
Inc., Agfa-Gevaert N.V., BASF SE, Samsung Electronics Co., Ltd., and E Ink
Holdings Inc.
Detailed Segmentation:
• Global Printed Electronics Market, By Technology:
• Flexography
• Ink-jet Printing
• Gravure Printing
• Screen Printing
• Global Printed Electronics Market, By Application:
• Sensors
• Displays
• Batteries
• RFID
• Lighting
• Photovoltaic
Comments
Post a Comment