Global Printed Electronics Market is valued approximately USD 6.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 21.5 % over the forecast period 2020-2027.
Printed electronics is comparatively a cost- effective process when compared to the traditional methods of creating transistors, capacitors and coils. In this method, the conductive polymers and inks are printed onto the fabrics or foils. The printed electronics serves wide range of applications in several industries including consumer goods, electronics, media and healthcare among others. The global Printed Electronics market is facing challenges due to the coronavirus pandemic as employees are asked to work from home and manufacturing sectors are temporary shutdown. So various companies hashave restricted their manufacturing and supply operations which haulthalt the demand of printed electronics. The increased use of printed electronics for development of smart and connected devices, rise in global demand for energy-efficient, thin, and flexible consumer electronics, high demand for new generation flexible printed electronics and significant cost advantages offered by printed electronics are the few factors responsible for growth of the market over the forecast period. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: in February 2019, Agfa-Gevaert entered into a partnership with TFL to develop Alussa. Alussa is an inkjet printing solution to decorate high-quality leathers used by the fashion, upholstery, automotive, aviation and nautical industries. However, kKnowledge gap among different disciplines involved in the development of printed electronics is the major factor restraining the growth of global Printed Electronics market during the forecast period.
The regional analysis of global Printed Electronics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world owing to the increasing adoption of printed electronics technology in the consumer products applications.
Major market player included in this report are:
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Printing Technology:
By End-Use Industry:
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