Portland, OR -- (SBWIRE) -- 11/21/2017 -- Global Printed Electronics Market Report is estimated to reach $19.4 billion by 2024; with the CAGR of 22.6% from 2016 to 2024. Printed electronics is a printing process of the conductive polymers and inks onto the fabrics or foils, to manufacture electrical circuits. Printing electronics is majorly used for creating transistors, coils, and other electrical boards or circuits. It is a flexible and faster method of manufacturing circuits, but costs comparatively higher in comparison to traditional printing ways. Various application areas such as electronics, healthcare, media and others pose a huge demand for printed electronics owing to its thickness and compressed size.
Low manufacturing cost, wide range of substrates, and eco-friendly technology are the major factors driving the global printed electronics market. Moreover, increased demand for flexible and bendable electronics has also propelled the growth of global printed electronics market. However, lack of consumer awareness and increased competition from non-printed electronic products is the major challenge for competitors. Innovative product developments would provide several growth opportunities for the market in coming years.
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The Global Printed Electronics Market is bifurcated by technology, application, and materials. The segmentations by technology include flexography, ink-jet printing, gravure printing, and screen printing. The application segment is further sub-segmented into automotive, retail & packaging, electronics, display, and others. Substrates and Inks are the various classifications of printed electronics market by materials. Screen printing dominated the technology segment with the largest market share in 2016, and is expected to continue its dominance during the forecast period. Inkjet printing is expected to grow at the fastest CAGR, owing to its multiple features such as, light, compact, high resolution, and low cost.
Based on Geography, the market has been segmented into North America, Europe, Asia Pacific and ROW. The U.S., Canada, and Mexico are covered under North America wherein Europe covers Germany, France, United Kingdom, Spain and others. Asia-Pacific covers China, India, Japan, South Korea and others. Rest of the world (RoW) covers South America, Middle East and Africa.
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Major companies operating in this market are T-ink, Inc. (U.S.), BASF SE (Germany), E.I. DuPont de Nemours & Co. (U.S.), Molex, Inc. (U.S.), E Ink Holdings Inc. (China), YD Ynvisible, S.A. (Portugal), ThinFilm Electronics ASA (Norway), PARC, Inc. (U.S.), NovaCentrix (U.S.), and GSI Technologies, LLC (U.S.), among others
The key takeaways from the report
The report will provide detailed analysis of Printed Electronics Market with respect to major segments such as technology, materials and application
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities is included in the report
An exhaustive regional analysis of Printed Electronics Market will be provided in the report
Profile of the key players in the Printed Electronics Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Printed Electronics Market
Technology Segments
Flexography
Ink-jet printing
Gravure printing
Screen printing
Application Segments
Automotive
Retail & packaging
Electronics
Display
Others
Materials Segments
Substrates
Inks
Geographical Segments
North America
US
Canada
Mexico
Europe
Germany
France
United Kingdom
Spain
Others
Asia-Pacific
China
India
Japan
South Korea
Others
RoW
South America
Middle East
Africa
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