Dallas, TX -- (SBWIRE) -- 01/17/2014 -- According to the new market research report the "Functional Printing Market by Materials (Substrate, Inks), Technology (Inkjet, Screen, Flexo, Gravure), Application (Sensors, Displays, Batteries, RFID, Lighting, PV, Medical), & Geography (North America, Europe, APAC, ROW) (2013 – 2020)", growing at a CAGR of 22.08% from 2013 to 2020.
Functional printing delivers the scale of printing the functions of electrical or electronics within the unique form factors that are thin and flexible. Functional printing can be achieved using techniques that are familiar to the graphics printing industry; and the methods mainly used for functional printing are roll-to-roll and sheet-fed methods. Technological advances, availability of wide range of substrates, and large area printing options which are increasing day by day —promise a mass of thin, lightweight, and flexible products. The rise in the demand for items like smart labels, mobile phone antennas, and disposable sensors —is one of the sprime factors for the current boom in the market for printed electronics that could facilitate the growth of the functional printing market, furthermore.
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The mass production of electronics by functional printing is done by various printing technologies like screen printing, inkjet printing, gravure printing, flexography, and other printing technologies. The functional printing market is, again, segmented into materials wherein the ink is transferred from the printing form on to the substrates like glass, plastic, and paper. Coating is applied onto the surface of the substrate, which helps to improve and protect the surface properties, necessary for a functional performance. Some of the main application areas of functional printing are printed OLED displays, sensors, printed batteries, RFID, and so on. In-depth analysis of the global functional printing market in geographical regions like North America, Europe, Asia pacific and Rest of the world has also been prepared in the report.
Conventional printing techniques like inkjet, screen, flexography, gravure, and soon have been modified so as to be capable of printing on a range of substrates using functional inks. Currently, the screen printing technique dominates the functional printing market due to it high reliability, and it is mainly used in the production of RFID antennas and sensors. The functional printing market is growing as a result of the enormous opportunities; and is being employed to produce RFID chips, OLED displays, sensors, and so on.
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There are a lot of materials being developed as substrates and inks for printed products; and these materials are the key to produce robust and reliable electronics.The developments of new inks; graphene for instance, and substrates, is further facilitating the companies to adopt printed electronics using functional printing. Also, the increasing demand for RFID tags, displays, and biosensors is, further, driving the market for functional printing. The existing printing technologies are not specially designed for functional printing purposes but, now, firms are coming up with printing technologies designed especially for printing electronics.
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