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Printed Electronics Market Trends

  • Report ID: GMI11830
  • Published Date: Oct 2024
  • Report Format: PDF

Printed Electronics Market Trends

The printed electronics industry is witnessing steady growth driven by advancements in materials and printing technologies. Innovations in ink formulations and substrate materials have significantly improved the performance and functionality of printed electronic components. These developments have expanded the application range of printed electronics, including flexible displays, sensors, and wearable devices. The integration of advanced printing techniques, such as inkjet and screen printing, has enabled the production of high-resolution and complex electronic circuits on flexible substrates, paving the way for new market opportunities and applications. For instance, in February 2024, Quantica and ImageXpert partnered to advance high viscosity inkjet printing technology, integrating Quantica's NovoJet printheads with ImageXpert's JetXpert systems. This collaboration, showcased at the LOPEC conference, aims to transform material development in printed electronics, enabling the use of innovative materials in 2D and 3D manufacturing applications. The integrated system will enhance capabilities in electronics and printed applications.
 

In parallel, there is an increasing emphasis on cost reduction and scalability in the printed electronics sector. Companies are focusing on optimizing manufacturing processes to lower production costs and enhance efficiency. The adoption of roll-to-roll printing techniques, which allow for continuous production on flexible materials, is a key trend that supports large-scale manufacturing while reducing unit costs. This shift towards scalable production methods aims to make printed electronics more economically viable for mass-market applications and consumer products.

Authors: Suraj Gujar , Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The global market size for printed electronics was valued at USD 9.2 billion in 2023 and is anticipated to grow at a CAGR of over 20% between 2024 and 2032, driven by the increasing demand for flexible, lightweight, and cost-efficient electronics.

The inks segment is expected to reach a value of over USD 21 billion by 2032, driven by innovations in nanoparticle-based conductive inks and stretchable inks.

North America dominated the global market in 2023, accounting for a share of over 35%, with robust growth due to significant investments in research and development and a strong presence of leading technology firms and academic institutions.

Major players operating in the industry include Agfa-Gevaert N.V., Applied Ink Solutions, Avery Dennison Corporation, BASF SE, and Blue Spark Technologies, Inc.

Printed Electronics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 22
  • Tables & Figures: 632
  • Countries covered: 21
  • Pages: 190
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