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Printed Electronics Market: Rapid Growth, Driving Factors, Key Players, and Emerging Trends
Printed Electronics Market
What Is The Projected Market Size Of The Global Printed Electronics Market And Its Growth Rate?
• Market in 2024 was valued at $13.34 billion.
• In 2025, the market is predicted to increase to $15.79 billion, with an estimated compound annual growth rate (CAGR) of 18.4%.
• In 2029, the market is expected to soar to $30.48 billion, maintaining a robust CAGR of 17.9%.
These projections can be attributed largely to innovations in IoT and smart devices, growth in wearable technology, energy harvesting solutions, advancements in manufacturing techniques, and a growing focus on sustainable and eco-friendly materials.
What Is Driving The Growth In The Printed Electronics Market?
Rising demand from the automotive industry is a key influence amplifying the growth of the printed electronics market. Tailoring sensors, heating elements, Organic Light-Emitting Diode lights (OLED), and Organic solar cells (OPV) utilized in the automotive manufacturing process integrate printed electronic devices. For instance, electric vehicles' market penetration witnessed a tremendous surge to 29% by 2022 within China's domestic automotive sector from 16% the previous year, according to the International Energy Agency (IEA). Therefore, intensified demand from the automobile industry is expected to propel the printed electronics market's growth trajectory during the forecast period.
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Who Are the Key Players Driving Printed Electronics Market Growth?
• LG Display Co. Ltd.
• Samsung Electronics Co. Ltd.
• Molex LLC
• Agfa-Gevaert Group
• Palo Alto Research Center Incorporated
• BASF SE
• DuPont de Nemours Inc.
• Xerox Corporation
• Koch Industries Inc.
• Jabil Inc., Bebop Sensors Inc.
• Sensing Tex S.L, E Ink Holdings Inc.
• Flex Ltd., Carre Technologies Inc.
• Xerox Holdings Corporation
• Thin Film Electronics ASA, T+ink Inc.
• NovaCentrix Corp.
• Optomec Inc.
• Vorbeck Materials Corp.
• Brückner Maschinenbau GmbH & Co. KG
• Cicor Management AG
• DuraTech Industries Inc.
• Heidelberger Druckmaschinen AG
• Henkel AG & Co. KGaA
What Are The Key Trends In The Printed Electronics Market?
• Rising adoption of flexible and wearable electronics
• Advancements in in-mold electronics (IME)
• Surging popularity of 3D printing electronics
• Integration of IoT and sensor technologies
• Continuous technological advancements
What Are The Segments Of The Global Printed Electronics Market?
• By Technology: Inkjet, Screen, Gravure, Flexographic
• By Material: Ink, Substrate
• By Application: Displays, RFID Tags, Batteries, Photovoltaic Cells, Lighting, Other Applications
• By End-Use Industry: Automotive & Transportation, Healthcare, Consumer Electronics, Aerospace & Defense, Construction & Architecture, Retail & Packaging, Other End-User Industries
Which Region Leads The Printed Electronics Market?
Asia-Pacific dominated the printed electronics market in 2024. It is also projected to be the fastest-growing region in the forecast period. Other regions explored in the printed electronics market report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Printed Electronics Market Global Market Report?
- Market Size Analysis: Analyze the Printed Electronics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Printed Electronics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Printed Electronics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Printed Electronics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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