$44.4 Bn of Potential Opportunity Is Opening Up In Printed Electronics Market

The printed electronics market recorded a notable revenue share in the market in 2021 and is set to be worth more than USD 44.4 billion by the end of 2030. It is poised to grow at a healthy CAGR of 18.5% from 2021 to 2030.

The report contains 150+ pages with detailed analysis. The market report also covers the estimated market sizes and trends for different countries across major regions, globally.

Crucial factors accountable for market growth are:
  • Rapid growth in the use of IoT devices.
  • Surge in demand for improved OLED displays and printed RFID devices.
  • Growth of automobile industry drives the printed electronics market.

Printed Electronics Market Size 2020 to 2030

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Research Objective

the market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2017 to 2020. This research report evaluates printed electronics market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global printed electronics market for the period from 2017 to 2030. This research study offers historic data for years 2017 to 2020 along with a forecast from 2021 to 2030 based on value.

This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the printed electronics market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space.

This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Scope of the Printed Electronics Market
Report Highlights Details
Market Size USD 28.07 Billion by 2030
Growth Rate CAGR 18.5% From 2021 to 2030
Largest Market Asia Pacific
Fastest Growing Market North America
Base Year 2021
Forecast Period 2021 to 2030
By Technology
  • Inkjet
  • Screen
  • Gravure
  • Flexographic
By Device
  • Display
  • Photovoltaic
  • Lighting
  • RFID
  • Others
Report Highlights
  • The Inks material segment accounted largest revenue share in 2020.
  • The screen-printing technology segment of the market is estimated to lead the market with a market share of more than in 2020.
  • The aerospace and defense end use segment of the Printed Electronics Market is estimated to dominate the market contributing a remarkable market share in 2020.
  • By Geography, Asia Pacific is expected to lead the market contributing largest revenue share in 2020 owing to increased investments in R&D activities connected to printed electronics in the region.
Market Dynamics

Driver – The primary end-user of printed electronics is the automobile and transportation industries. Because of their thinness, robustness, and flexibility, printed electronic goods are frequently employed in the automotive industry. Touch control technology and smart surfaces have also become commonplace in car interior interfacing. As a result, market participants are incorporating technology and design improvements into their offers.

These factors are estimated to drive the market growth. For instance, in May 2021 Quad Industries (Belgium) developed and manufactured a versatile and durable capacitive touch sensor (printed sensors) as well as in-mold electronics (IME) to improve innovation in automobile interior and exterior surfaces. The conductive ink sensor is used in vehicle HMI applications such as HVAC controls, steering wheel controls, and overhead panels.

Restraint – The major restraining factor that will negatively impact the growth of the Printed Electronics Market includes the high cost involved in installing the printing system for electronic components.

Opportunity – Flexible displays, smart labelling, smart sensors, and active clothing have all benefited from the advent of printed electronics, which have made it easier to create low-cost, high-performance electronic goods. They have also made it easier to incorporate new features into current electrical products. These factors are anticipated to provide huge opportunities for the market growth. For instance, On 27th July 2021, Molex, a worldwide electronics company and connectivity pioneer, stated today that it has made significant progress in its Industry 4.0 and digital manufacturing projects.

These advancements, as well as the addition of Flexible Automation Modules (FAMs), extend Molex’s Industrial Automation Solutions (IAS4.0) by enabling supply chain stakeholders to create software-defined machines, robots, and production lines that can meet the growing demand for connected, secure, scalable, and efficient operations.

Read Also: Recycled Metal Market Valuation To Surpass US$ 101.6 Billion By 2030

Challenges – Printed electronics refers to a variety of printing technologies and materials that can be employed in a variety of sectors. When using printed electronics, the user must be well-versed in various areas, including substrate and material selection, printing pattern selection, hardware integration, and software creation. For smart building applications, for example, combining printed sensors, displays, circuits, and other electrical components remains difficult.

Regional Snapshots

The Asia Pacific region dominates the printed electronics market contributing a largest market share in 2020 and is expected to witness significant growth during the forecast period owing to increased investments in R&D activities connected to printed electronics in the region, as well as large-scale manufacture of electronic components. For instance, On 11th June 2021, Nissha Co., Ltd. has begun renting out friction and shear force sensor evaluation kits.

Friction and shear force sensors sense force in three directions, including friction and shear forces delivered horizontally as well as vertically applied force. Friction and shear force sensors from Nissha are light and flexible, yet they can detect forces applied in three directions at several sites at the same time. They’re used for a variety of things, including touch sensors in robotic hands and input device interfaces.

Recent Developments
  • On 8th September 2021, Molex, a worldwide electronics pioneer and connection inventor, today announced the findings of a global study of industrial stakeholders to determine the top trends and technologies influencing the future of mobile devices. Mobile-device form factors, disruptive features, and innovations will continue to evolve in 2026, influencing smartphones, smart wearables, and other mobile devices, according to the survey’s findings.
  • On 11th February 2021, DuPont Interconnect Solutions, a division of DuPont Electronics & Industrial, said today that its $220 million Circleville expansion project will be finished in the second half of 2021. The investment will increase manufacturing of Kapton polyimide film and Pyralux flexible circuit materials, ensuring a reliable supply to meet rising worldwide demand in the automotive, consumer electronics, telecommunications, high-performance industrial, and defense markets.
  • On 1st March 2021, NovaCentrix announced the most up-to-date soldering technology for flexible, printed electronics.
Key Companies Profiled

The global Printed Electronics Market is characterized by the presence of various small and big players. The major market player includes Samsung Electronics Co., Ltd., LG Display Co., Ltd., Molex LLC, Agfa-Gevaert Group, Palo Alto Research Center Incorporated (PARC), DuPont de Nemours, Inc., Nissha Co., Ltd., BASF, NovaCentrix, and E Ink Holdings Inc. As the market is competitive in nature, the players are indulged in rapid adoption of advanced technologies to improve the performance of the electronics devices and in raising their competitive share by means of strategic initiatives like mergers, new product and acquisitions.

Segments Covered in the Report

By Material

  • Ink
  • Substrate

By Technology

  • Inkjet
  • Screen
  • Gravure
  • Flexographic

By Device

  • Display
  • Photovoltaic
  • Lighting
  • RFID
  • Others

By End Use

  • Automotive & Transportation
  • Healthcare
  • Consumer Electronics
  • Aerospace & Defense
  • Construction & Architecture
  • Retail & Packaging
  • Other End-use Industries

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Russia
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
    • Latin America
    • Middle East
    • Africa

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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US Web Wire is a leading independent Online News and Print Magazine source, which has evolved from the growing need to have a more balanced view, for informative and independent news within the healthcare it community, global automotive, and financial community. Email: info@uswebwire.com

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