Printed Electronics Market is estimated to be US$ 52.32 billion by 2030 with a CAGR of 22.1% during the forecast period



The term "Printed Electronics" refers to a collection of various techniques used to print electronic components onto a range of substrates. It is anticipated that the printed electronics industry would be driven by the rising demand for wearable technology and thinner electronics. Additional applications for printed electronics include flexible keyboards, antennas, and electronic skin patches. The global market for printed electronics is also anticipated to benefit from technological developments in this industry. For instance, printed electronics are being used to make interactive books, posters, flexible screens, and intelligent labels. The advantages of printed electronics, including their greater security, flexibility, and cost-effectiveness of a wide range of goods in many industrial sectors, are also anticipated to grow the printed electronics market globally.

Region Analysis:

The Printed Electronics market in Asia Pacific accounted for fastest market growth over the forecast period. The significant market share can be largely ascribed to the growing use of printed electronics in consumer electronics applications. The APAC region's market is predicted to maintain its leadership status while expanding at the quickest CAGR throughout the forecast period.

Key Development:

·         In January 2022 – In Las Vegas, Nevada, during the Consumer Electronics Event, the largest electronics trade show in the world, Brewer Science, Inc. will showcase a few products from its Smart Devices and Printed Electronics Foundry. This will include the recently launched InFlect® 300-mm, 100-Pixel Temperature Sensor Array and the InFlect Bend/Strain Sensor from Brewer Science, as well as other well-liked sensor platforms. All of these products will be available in 2022.

·         In October 2021 – Beyolex is a brand-new thermoset stretchable film for printed electronics that Panasonic Industrial Devices Sales Company of America, a division of Panasonic Corporation of North America, is excited to launch.  

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Segmentation:

The global Printed Electronics Market accounted for US$ 6.9 billion in 2020 and is estimated to be US$ 52.32 billion by 2030 and is anticipated to register a CAGR of 22.1%. The global Printed Electronics Market is segmented based on material, technology, application and region.

·         On the basis of Material, the global Printed Electronics Market is segmented into Substrates and Inks.

·         On the basis of Technology, the global Printed Electronics Market is segmented into flexography, ink-jet printing, gravure printing, screen printing, and others.

·         On the basis of Application, the global Printed Electronics Market is segmented into sensors, displays, batteries, RFID, lighting, photovoltaic and others.

·         On the basis of region, the global Printed Electronics Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Analysis:                                                                                                 

The key players operating in the global Printed Electronics Market includes Thin Film Electronics ASA, T ink, Inc., NovaCentrix, Optomec Inc., Xerox Corporation, E.I.du Pont de Nemours and Company, Vorbeck Materials Corporation, Inc., Intrinsiq Materials, Inc., BASF SE, and E Ink Holding Inc. 

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