According to the latest report by IMARC Group, titled “Printed Electronics Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026”, the global printed electronics market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 16% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Printed electronics refer to electronic devices developed on various substrates, such as fabric polymers, glass, paper and foil, using ink-jet printing, flexography, gravure printing and screen-printing technologies. Some commonly used printed electronics are biosensors, electronic skin patches, photovoltaic cells, organic light-emitting diodes (OLEDs) and wearable devices. In recent years, they have gained traction over traditionally used electronics due to their flexibility, lightweight, environment-friendliness, cost-effectiveness and low power consumption.
The expanding electronics industry and the escalating demand for energy-efficient consumer electronics represent the primary factors driving the global printed electronics market. Additionally, the increasing need for next-generation flexible products and rapid adoption of smart devices are other growth-inducing factors. Furthermore, various product innovations and the growing inclination toward printed electronics in wearable devices, smart apparel, medical devices and smart packaging solutions positively impacting the market. Other factors, including the rising usage of printed sensors and panels in the cockpits and navigation systems of aircraft and military vehicles, are also anticipated to create a favorable market outlook.
Printed Electronics Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global printed electronics market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key Market Segmentation:
The report has segmented the global printed electronics market on the basis of material, technology, device and region.
Breakup by Material:
Breakup by Technology:
Breakup by Device:
Breakup by Region:
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Key highlights of the report:
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