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Monday, March 7, 2022

Global Printed Electronics Market to be Driven by Increasing Applications of Printed Electronics and the Rapid Technological Advancements in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘Global Printed Electronics Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global printed electronics market, assessing the market based on its segments like material, technology, device, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2022-2027)

  • Forecast CAGR (2022-2027): 19.5%

The expanding application of printed electronics to generate different devices such as displays, photovoltaic, lighting, and RFID, among others, is driving the market. The digital print technology is making strong inroads into the printed electronics market at a much faster pace, due to its cost-effectiveness and high-quality professional printing in the healthcare sector. Aside from that, as the demand for more flexible, compact, and power-efficient electronic goods grows, so will the demand for printed electronics.

Industry Definition and Major Segments

Printed electronics is a collection of printing techniques for creating electrical devices on a variety of substrates, including plastic, ceramics, and textiles. Printed electronics is a low-cost method of applying conductive materials, varnishes, and ink systems in many layers to vast regions of film, paper, or other substrates. They carry out the operations of traditional electronics but with enhanced processing capabilities.

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By material, the market is divided into:

  • Ink
  • Substrate

Based on technology, the industry can be segmented into:

  • Inkjet
  • Screen
  • Gravure
  • Flexographic

Based on device, the industry can be segmented into:

  • Displays
  • Photovoltaic
  • Lighting
  • RFID
  • Others

The global regions for printed electronics market include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The rapid advancements in printing technologies and material science are expected to significantly contribute to the growth of the industry in the forecast period. In the projected period, the printed electronics industry is expected to develop due to growing demand for photovoltaics in solar farms and the military and defence sector. Meanwhile, the increased need for display devices for diverse end purposes such as advertising is likely to boost demand for printed electronics. The growth of stock-keeping machines, which split large print runs into multiple shorter runs, is a prominent trend in the printed electronics industry. With its capacity to print small runs with minimum downtime, digital printing is gaining popularity. Flexography, inkjet, gravure, and screen printing are among the print methods utilised for this purpose. Flexography technology is still a tried-and-true method for a variety of materials.

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Key Market Players

The major players in the market are Molex, LLC, BASF SE, NovaCentrix, Nissha Co., Ltd., E Ink Holdings, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
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City: Sheridan
State: Wyoming
Country: United States

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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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