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Printed Electronics Market Trends That Will Shape the Next Decade: Insights from Strategic Partnerships And Collaborations Driving Innovation In The Printed Electronics Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Printed Electronics Market Size By 2025?
The market size for printed electronics has seen quick expansion in the past few years. The predictions show the jump from $13.34 billion in 2024 to $15.56 billion in 2025, with a compound annual growth rate (CAGR) of 16.7%. The rapid growth during the historic period is largely due to the increased demand for consumer electronics, applications in medical devices, and the expansion of automotive electronics.
How Big Is the Printed Electronics Market Size Expected to Grow by 2029?
The market size for printed electronics is predicted to experience a swift expansion in the upcoming years. The forecast anticipates a growth to $29.44 billion by 2029, with a compound annual growth rate (CAGR) of 17.3%. Factors contributing to this predicted growth in the forecast period include the developments in IoT and smart devices, wearable technology, energy harvesting technology, environmentally friendly materials, and sophisticated manufacturing processes. Notable trends expected during the forecast period encompass flexible and wearable electronics, in-mold electronics (IME), 3D printed electronics, IoT and sensor integration, and technological progress.
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Which Key Market Drivers Powering Printed Electronics Market Expansion and Growth?
The printed electronics market is anticipated to experience growth, driven by the escalating demand from the auto sector. Automobile production is increasingly integrating printed electronic devices in day-to-day assembly activities, including tailing sensors, heating elements, Organic light-emitting diode lights (OLED), and Organic solar cells (OPV). As an illustration, the International Energy Agency (IEA) published a report indicating that electric vehicles' market share in China's auto sector rose sharply to 29% in 2022, a significant leap from the 16% logged the previous year. As a consequence, the rising consumption from the automotive sector is projected to stimulate the demand for printed electronics throughout the forecast period.
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What Long-Term Trends Will Define the Future of the Printed Electronics Market?
The growing prominence of strategic alliances and partnerships is a noteworthy trend in the printed electronics market. Many leading companies within the sector are prioritizing such collaborations to extend their product development, broaden their reach to new regions, and meet customer requirements. For instance, in May 2023, Fuji Corporation, an advanced manufacturing solutions and automation technologies company from Japan, forged a partnership with Germany's electronics company J.A.M.E.S. GmbH. The objective of this collaboration was to further the expansion of additive electronics sector. At the heart of this partnership was Fuji's unique 3D printer, the FPM Trinity, which amalgamates resin substrate printing, circuit printing, and component installation, enabling a comprehensive 3D printing of electronic devices using a single machine, as claimed by the company.
What Are the Emerging Segments in the Printed Electronics Market?
The printed electronics market covered in this report is segmented -
1) By Technology: Inkjet, Screen, Gravure, Flexographic
2) By Material: Ink, Substrate
3) By Application: Displays, RFID Tags, Batteries, Photovoltaic Cells, Lighting, Other Applications
4) By End-Use Industry: Automotive & Transportation, Healare, Consumer Electronics, Aerospace & Defense, Construction & Architecture, Retail & Packaging, Other End User Industries
Subsegments:
1) By Inkjet: Drop-on-Demand Inkjet Printing, Continuous Inkjet Printing
2) By Screen: Flatbed Screen Printing, Rotary Screen Printing
3) By Gravure: Rotogravure Printing
4) By Flexographic: UV Flexography, Water-based Flexography
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Who Are the Global Leaders in the Printed Electronics Market?
Major companies operating in the printed electronics market include 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, InkTec Co. Ltd., Komura-Tech Co. Ltd., Nissha Co. Ltd., Tritek Co. Ltd.
Which are the Top Profitable Regional Markets for the Printed Electronics Industry?
Asia-Pacific was the largest region in the printed electronics market in 2024, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the printed electronics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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