Printed Electronics Market Technological Advancements, Evolving Industry Trends and Insights

The surging requirement for flexible electronics is fueling the worldwide demand for printed electronics. In these product, integrated circuits (ICs) are adopted on a flexible substrate such as metal or plastic, which can be easily folded, twisted, wrapped, or rolled without affecting the function. Due to the burgeoning requirement for these products, printed electronics developers are increasingly getting into collaborations with technology providers. For instance, E Ink Holdings Inc. announced a collaboration with Plastic Logic HK in June 2019.


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Besides the aforementioned factors, the soaring adoption of printed electronics in several internet of things (IoT) applications and the mushrooming production of OLEDs via the inkjet printing technology are also driving the demand for printed electronics across the world. This is, in turn, propelling the growth of the global printed electronics market. The market research company, P&S Intelligence predicts that the value of the market will rise from $35.7 billion in 2019 to $363.1 billion by 2030.

Furthermore, the market is expected to register a CAGR of 22.4% between 2020 and 2030. In simple terms, printed electronics is an umbrella term for the printing technique used for creating electronic systems by printing on various substrates. The burgeoning demand for thinner electronics and wearables is fueling the requirement for printed electronics as this technology is needed for creating electronic skin patches, flexible keyboards, and antennas. Due to this reason, this technology is rapidly becoming invaluable to various industries.

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Printed electronics uses both printer and material for creating electronic devices. Between these two, the demand for material is predicted to rise rapidly in the coming years. This is ascribed to the growing usage of inks and substrates for fabricating printed electronic circuits, that are extensively used in several applications such as radio-frequency identification (RFID) tags and photovoltaics (PVs). The surging requirement for these products is further boosting the demand for printed electronics materials.

Hence, it is safe to say that the demand for printed electronics will surge sharply in the upcoming years, primarily because of the growing demand for flexible electronics and the ballooning adoption of printed electronics in various IoT applications.

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P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.