Printed Electronics Market Trends, Size, Share, Growth and Demand During 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Printed Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global printed electronics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the printed electronics market?
Report Attributes | Details |
Market Size in 2022 | US$ 53.5 Billion |
Market Forecast in 2028 | US$ 130.8 Billion |
Growth rate (2023 to 2028) | CAGR of 16.56% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
What is Printed Electronics?
Printed electronics represent the electronic devices developed on substrates, including foil, paper, glass, and fabric polymers, using carbon-based compound inks, inkjet printers, flexography, gravure, and screen-printing technologies. Some of the commonly used printed electronics comprise wearable devices, flexible keyboards, electronic skin patches, biosensors, display units, Organic Light Emitting diodes (OLEDs), and photovoltaic cells. Compared to the traditionally utilized electronics, printed variants are more environment-friendly, lightweight, flexible, cost-effective, and have lower power requirements. As a result, they find wide applications across numerous industries, such as aerospace, automotive, and healthcare.
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What are the growth prospects and trends in the printed electronics industry?
The escalating demand for energy-efficient, thin, and sustainable consumer electronics, on account of the elevating need for next-generation flexible products, is primarily driving the printed electronics market. Moreover, the widespread smart and connected devices adoption is also augmenting the market growth. Besides this, the shifting preferences of the masses for printed electronics in wearable appliances, smart packaging solutions, medical machines, and smart apparel, owing to the favorable sensing, transmission, and data storage properties, are positively influencing the global market. Furthermore, several innovations, including the rising utilization of additive manufacturing and screen-printing technologies, are further bolstering the market growth. Apart from this, the increasing usage of these technologies, as they aid in producing fully electromechanical components with improved accuracy using ultraviolet (UV) curable, plastisol, water and solvent-based inks, is acting as another significant growth-inducing factor. Additionally, the growing popularity of printed sensors and panels in the cockpits and navigation systems of aircraft and military vehicles is expected to drive the printed electronics market in the coming years.
Who are the key players operating in the industry?
The report covers the major market players including:
- 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
- Ynvisible Interactive Inc.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Material:
- Ink
- Substrate
Breakup by Technology:
- Inkjet
- Screen
- Gravure
- Flexographic
Breakup by Device:
- Display
- Photovoltaic
- Lighting
- RFID
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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