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.
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 R&D 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.
Gather more insights about the market drivers, restraints, and growth of the Global Printed Electronics Market
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.
Browse through Grand View Research's Electronic Devices Industry Related Reports
Commercial Printing Market - The global commercial printing market size was valued at USD 486.38 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 2.2% from 2022 to 2030.
Laser Processing Market - The global laser processing market size was valued at USD 17.48 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030.
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
- South America
- MEA (Middle East & Africa)
Market Share Insights:
April 2021: E Ink Holdings Inc. formed an agreement with DATA MODUL, a company that provides touch, display, and embedded monitors, for reselling its products focusing on the U.S. and European markets.
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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