The global printed electronics market is projected to reach USD 19.15
billion by 2025, according to a new report by Grand View Research, Inc. The
surging demand for the flexible electronics at low manufacturing costs and the
need for eco-friendly technologies is paving the way for increased adoption of
the technology.
Additionally, the increasing penetration of IoT worldwide is proving to be a
prime factor in pulling the printed electronics market over the forecast
period. The continuously growing demand for IoT in the telecommunication
industry for enhancing the network and optimizing the performance along with
operations is expected to propel the application of technology over the
forecast period.
Numerous technological advancements and developments have led to the
evolution of various electronic gadgets and instruments. The growing awareness
and user-friendly technologies are leading to the early adoption of these
innovative products significantly.
Competent players of the industry are investing largely on the related
R&D activities in order to enrich the product portfolios and establish
their presence in the market. Eventually, adoption of the efficient and
reliable technologies such as printed electronics has turned out to be a
necessity for the manufacturers across the globe. Therefore, the printed
electronics is anticipated to seek a notable attention across the consumer
electronic sector over the forecast period.
The printed electronics market is categorized based on the materials needed,
technologies, and the devices holding a major application over the forecast
period. The Asia Pacific region contributes to the major demand of the
conductive inks and is expected to hold the grip over the estimated time. This
demand can be accredited to the increased production of consumer electronics
across the regional countries.
However, the North America and European countries such as UK, Germany, and
Norway includes various organizations and associations involved in the
promoting and investing in R&D for developing the printed electronics
technology. Furthermore, the Asia Pacific region is also expected to witness
heavy demand which has led the companies to invest heavily for enhancing the
ink quality, reliability, and other conductive properties.
The characteristic features of the inkjet technology such as less ink
consumption and material wastage, flexibility, compactness, and less initial
investment is leading the technology to experience a noteworthy swift over the
estimated period. Furthermore, printed electronic RFID devices is another
segment to observe a remarkable rise over the forecast period owing to the
demanding application in the packaging sector. Hence, impacting positively for
strengthening the global printed electronics market across the globe.
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/printed-electronics-market
Further key findings from the report suggest:
- The printed electronics market growth can be accredited to the increasing adoption of the inkjet technology, the growing display and printed RFID devices segments.
- The increasing awareness regarding the conservation of natural resources is leading to the adoption of eco-friendly alternatives, such as the adoption of photovoltaic devices which is further attributing the technology growth.
- Conductive inks and the screen printing technology are the two segments dominating the overall printed electronics market constituting the major share.
- Various organizations and associations are promoting the printed electronics technology in the European countries such as Germany and UK, constituting for a considerable share in 2015.
- The key industry participants include Enfucell Oy, GSI Technologies, NovaCentrix, and T-Ink, Inc. The major enhancement strategies followed by the competent players include signing partnerships or distribution agreements, mergers, and acquisitions along with enriching their portfolios by undertaking continuous R&D.
Read our blog on printed electronics market: http://www.grandviewresearch.com/blog/printed-electronics-market-size-share
Grand View Research has segmented the global printed electronics market on the basis of material, technology, device, and region:
Printed Electronics Material Outlook (Revenue, USD Million, 2014 - 2025)
·
Ink
·
Substrate
Printed Electronics Technology Outlook (Revenue, USD Million, 2014 -
2025)
·
Inkjet
·
Screen
·
Gravure
·
Flexographic
Printed Electronics Device Outlook (Revenue, USD Million, 2014 -
2025)
·
Display
·
Photovoltaic
·
Lighting
·
RFID
·
Others
Printed Electronics Regional Outlook (Revenue, USD Million, 2014 -
2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
China
o
Japan
·
South America
o
Brazil
·
Middle East & Africa
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
For More Information Visit - http://www.grandviewresearch.com/
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