14-Mar-2022 | Zion Market Research
According to report of Zion Market Research, Printed Electronics industry accumulated revenue worth about US$ 10.26 billion in 2021 and is slated to amass ROI about US$ 35.2 billion by 2028. In addition to this, Printed Electronics market is prognosis to record CAGR of almost 22.4% in 2022-2028. Apparently, growth of printed electronics market over forecast timespan is subject to rise in IoT penetration in various applications. Apart from this, humungous demand for upgraded OLED displays and printed RFID equipment resulting in adoption of printed electronics technology will drive market trends. Low production cost, need for enhanced efficacy, and reduction in power usage will create huge demand for printed electronics techniques in automotive & transportation sectors. For instance, low cost of printed electronics facilitating volume fabrication in RFID systems enables contactless documentation in transport & trading activities. Another significant application of printing electronics is to print on flexible substrates allowing electronics to be put on curved façades. Citing an instance, printing solar panels on roof tops of vehicles.
Ink Segment To Dominate Material Landscape By 2028
Growth of ink segment over forecasting years can be due to massive use of ink in printing on substrate with help of printing electronics processes. In addition to this, large-scale acceptance of printed electronics methods with ink applications across slew of sectors will drive segmental expansion. Moreover, need for improved quality conductive inks will create new growth avenues for printing electronics market.
Screen Printing Segment To Account For Highest Share of Printed Electronics Market Over 2022-2028
Large-scale use of screen printing techniques for printing signage boards, textiles, electric circuit boards, fabrics, posters, and labels will drive segmental growth. Apart from this, screen printing is utilized for producing electric lines of touch panels, PV cells, and LED panels along with facilitating thick ink applications on substrate surface.
Asia Pacific To Make Major Contributions Towards Overall Printed Electronics Market Revenue In Forecast TimeLine
Growth of printed electronics market in Asia Pacific over next six years can be attributed to humungous production of electronic parts in sub-continent. In addition to this, a prominent increment in research activities related to printed electronics techniques will prompt regional market growth.
Key players leveraging market growth and profiled in report include Printechnologics GMBH, Novaled AG, Sipix Imaging Inc., Blue Spark technologies, Nano Solar Inc., Toppan Forms (HK) Limited, BASF SE, eMagin Corp., Polyic Gmbh & Co. Kg, Kovio Inc., Aveso Group, and E Ink Holdings Inc.
Browse the full “Printed Electronics Market- By Material (Substrates, Plastic, Glass, Paper, Inks, Dielectric Inks, and Conductive Inks), By Technology (Flexography, Ink-jet Printing, Gravure Printing, and Screen Printing), and By Application (Displays, OLEDS, Sensors, and PVs): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/printed-electronics-market
The global Printed Electronics Market is segmented as follows:
By Material
By Technology
By Application
By Region
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