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Printed Electronics Market Challenges, Growth Drivers and Opportunity Analysis 2021-2027 | Openpr.com

02-24-2021 11:36 AM CET | IT, New Media & Software

Press release from: Coherent Market Insights

Printed Electronics Market

Printed Electronics Market

Printed electronics is a set of printing techniques applied to produce electrical devices on different substrates. Screen printing, gravure, flexography, offset lithography, and inkjet printing are some of the major printing techniques used for defining patterns on substrates or materials.

The printed electronics market is expected to gain steady growth in the foreseeable future, due to the commercialization of printed devices in various industries such as healthcare, automotive, consumer electronics, and media. Increasing proliferation of smart displays and touch devices is also contributing towards positive growth of the market. Medical sensors and diagnostic devices are some of the prime application areas of the printed electronics. Increasing application of printed batteries in different medical devices is also considered as one of the drivers for the market.

Adoption of printed batteries as they are stretchable, rechargeable and flexible is another major ongoing trend in the printed electronics market. Growing application of printing technologies in memory, logic energy storage devices, mobile chips and printed circuit boards is expected to act as a major driver for the market over the forecast period.

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Which are the prominent printed electronics market players across the globe?
Major players operating in the global printed electronics market include T+ink, Inc., NovaCentrix, Optomec Inc., E. I. du Pont de Nemours and Company, Thin Film Electronics ASA, Xerox Corporation, Vorbeck Materials Corporation, Inc, LEONHARD KURZ Stiftung &Co. KG, Intrinsiq Materials, Inc., Agfa-Gevaert N.V., BASF SE, Samsung Electronics Co., Ltd., and E Ink Holdings Inc.

What are the growth estimates for printed electronics market?
The global printed electronics market is estimated to surpass US$ 22.3 Billion by 2025.

Which segment based on materials, accounted for the highest demand in the printed electronics market?
Among materials, substrates segment dominates the market, owing to its high application in printed batteries and sensors.

What is the Compound Annual Growth Rate (CAGR) of the printed electronics market for next 8 years?
The global printed electronics market is estimated to exhibit a CAGR of 21.3% over the forecast period.

Contact Us:-
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:-
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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