Printed Electronics Market Insights | Growth Opportunities & Future Scope | Trend Analysis
The global Printed Electronics Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
Printed electronics is a method use for creating electrical devices on various substrates. In 2015, printed electronics market size was valued at USD 3.02 billion and products are expected to gain traction resulting in significant growth of industry. The advantages such as low cost, flexibility, stretch ability and portability will lead to market growth.
Key Players:
- BASF SE
- E Ink Holdings, Inc.
- I. du Pont de Nemours and Company
- Enfucell Oy
- GSI Technologies, LLC
- Molex, Inc.
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Growth Drivers:
The use of IoT is providing growth opportunities across the sector. The adoption of OLED display and RFID devices is constantly increasing owing to its higher efficiency, low cost and low power usage. The use of polymer, paper and oligomers in production of printed electronics will have positive impact on industry.
The organizations are investing heavily on R&D resulting in continuous development of new products and innovations have enhanced existing abilities that are used across various fields. Printed electronics have undergone continuous upgrade and improvisation.
Technology Outlook:
- Inkjet
- Screen
- Gravure
- Flexographic
Device Outlook:
- Display
- Photovoltaic
- Lighting
- RFID
Regional Insights:
In 2015, the Asia Pacific regional market dominated industry in terms of revenue. Increase in adoption of printed technology by end user resulted in spectacular growth. The boost in electronic manufacturing sector in this region will have a positive impact on printed electronics market
Increased investment in R&D and adoption of technology will fuel the North American and European regions market growth. The use of various technologies in industrial application such as lighting, photovoltaic and RFID are important factors in steady growth of industry. The region is estimated to witness significant growth over forecast period.
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