Latest Research Of Printed Sensors worth 10.46 Billion USD by 2022 Future Forecast

According to this new research of Printed Sensor Market is expected to reach USD 10.46 Billion by 2022, at a CAGR of 7.0% between 2016 and 2022.

The major drivers of the printed sensors market are the growing integration of printed sensors in medical wearable devices and smart packaging as well as the benefits of printed sensors over conventional sensing technology. Some of significant opportunities in the future for the printed sensors are the growing trends of touch-enabled electronic devices and Internet of Things. The base year used for this study is 2015 and the forecast period is between 2016 and 2022.

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Key highlights:

The large market share of printed biosensors is attributed to the high demand for glucose test strips which are used for diabetes monitoring and are the most matured type of printed sensors.

The smart packing application is expected to grow at a high CAGR during the forecast period. Printed sensors play a major role in the smart packaging application as they help the manufacturers to keep track of their inventories.

Europe held the largest share of the printed market in 2015, while the market in Asia-Pacific is expected to grow at the highest rate during the forecast period. The high growth of the Asia-Pacific market is attributed to the presence of a number of leading consumer electronics manufacturers, rapid industrialization in the region, the growth in the production of commercial as well as non-commercial vehicles with driver assistance systems and touch infotainment systems, and the increasing number of patients of lifestyle diseases such as diabetes.

ISORG SA (France) is a major player in the printed sensors market and holds a leading position in developing printed image sensors and photodetectors with organic materials.

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Popular companies involved:

The printed sensors ecosystem comprises raw material vendors such as FlexEnable Limited (U.K.), T+ink, Inc. (U.S.), Brewer Science, Inc. (U.S.), DuPont (U.S.), and Palo Alto Research Center (PARC) Inc. (U.S.) among others and printed sensor manufacturers such as Interlink Electronics, Inc. (U.S.), Thin Film Electronics ASA (Norway), ISORG (France), Peratech Holdco Ltd (U.K.), and KWJ Engineering Inc., (U.S.) among others who sell these sensors to end users to cater to their unique requirements. The end users are from a wide range of industries such as medical devices, consumer electronics, environmental monitoring, building automation, automotive, and many others.

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This release was published on openPR.