With 16.56% CAGR, Printed Electronics Market to Hit US$ 130.8 Billion by 2027 | Global Industry Report

According to IMARC Group's new report, titled "Printed Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' the global printed electronics market size reached US$ 53.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 130.8 Billion by 2027, exhibiting a growth rate (CAGR) of 16.56% during 2022-2027.

Printed electronics represent electronic devices that are developed on substrates, such as glass, foil, paper, fabric polymers, etc., by using carbon-based compound inks, inkjet printers, flexography, gravure, and screen-printing technologies. They usually include lightweight, cost-effective, and flexible electrical components, including resistors, condensers, spools, transistors, etc. Some of the commonly utilized printed electronics are flexible keyboards, electronic skin patches, biosensors, display units, wearable devices, organic light-emitting diodes (OLEDs), photovoltaic cells, etc. As such, they find wide-ranging applications across numerous industries, such as aerospace, automotive, healthcare, etc. Printed electronics are also utilized in smart labels, active clothing, flexible displays, animated posters, etc.

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Printed Electronics Market Trends:

The inflating need for next-generation flexible products and the growing utilization of smart and connected devices are primarily driving the printed electronics market. Additionally, continuous innovations, such as the rising adoption of additive manufacturing and screen-printing technologies that assist in producing fully electromechanical components with enhanced accuracy by using ultraviolet (UV) curable, plastisol, water, and solvent-based inks, are further catalyzing the market growth. Besides this, the escalating demand for energy-efficient, thin, and sustainable consumer electronics is acting as another significant growth-inducing factor. Moreover, the increasing popularity of printed electronics in smart packaging solutions, wearable devices, medical devices, smart apparel, etc., on account of their favorable sensing, data storage, and transmission properties, is positively influencing the global market. Apart from this, the introduction of printed sensors and panels that can be used in the cockpits and navigation systems of aircraft and military vehicles is anticipated to fuel the printed electronics market over the forecasted period.

Printed Electronics Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the printed electronics market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these Key Players Include:

Agfa-Gevaert N.V
BASF SE
DuPont de Nemours Inc
E Ink Holdings Inc
Molex LLC (Koch Industries)
Nissha Co. Ltd
NovaCentrix
Optomec Inc
Palo Alto Research Center Incorporated (Xerox Corporation)
Vorbeck Materials Corporation
Ynvisible Interactive Inc.

Key Market Segmentation:

The report has segmented the printed electronics market on the basis of material, technology and device and region.

Breakup by Material:

Ink
Substrate

Breakup by Technology:

Inkjet
Screen
Gravure
Flexographic

Breakup by Device:

Display
Photovoltaic
Lighting
RFID
Others

Breakup by Region:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3927&flag=C

We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Key Highlights of the Report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

About Us                                                                      

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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