The global printed electronics market is estimated to grow at a significant CAGR during the forecast period. The demand for printed electronics for connected devices is rising, as is the use of flexible electronics components in consumer electronics. Printed electronics products are also becoming more cost-efficient. Printed electric devices are becoming more prominent in consumer electronics as a result of their many features, including their flexibility, which allows them to be used to produce printed sensors, innovative displays, and flexible batteries. Printed electric devices are becoming more common in consumer electronics applications such as lighting, displays, and photovoltaics. Furthermore, the global printed electronics market is being driven forward by the increasing demand for lightweight and energy-efficient electronics in the automotive, aerospace, and other industries.
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Due to its cost-effectiveness and high-quality professional printing in the healthcare sector, digital print technology is rapidly making inroads in the printed electronics industry. The rapid advancement of digital print technology has raised the sophistication of the printed electronics sector, leading to increased global use of printed electronics. Digital print technology’s major growth features include versatility and flexibility, as well as high graphic standards. Any material, including glass, paper, and metal, may be used with this technique.
The implementation of digital print technology has sped up the process of printed electronics packaging as it does not require the need for printing plates and press setup. The development of stock-keeping devices, which divide long print runs into multiple shorter runs, is a major trend in the printed electronics industry. Due to its ability to print short runs with minimal downtime, digital printing is gaining popularity. Inkjet, gravure, flexography, and screen printing are among the print technologies used. Flexography is still a tried and trusted procedure for a variety of materials.
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Market Coverage
- Segment Covered-
o By Material
o By Technology
o By Application
- Competitive Landscape- LG Electronics Inc., Samsung Electronics Co., Ltd., Palo Alto Research Center Inc., Agfa-Gevaert Group., and Molex LLC., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Printed Electronics Market by Segment
- By Material
- Inks
- Substrate
- By Technology
- Screen Printing
- Inkjet Printing
- Flexographic Printing
- Others (Gravure Printing)
- By Application
- RFID Tags
- Displays
- Photovoltaic Cells
- Lighting
- Others (Sensors)
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