Printed and Flexible Sensors Market Projected to Be Worth US$7.51 bn by the end of 2020, IoT To Play Crucial Role

As per the research study, the global market for printed and flexible sensors is estimated to grow at a fast pace, due to which several investors are interested in pouring funds into the market. This is expected to create potential opportunities for commercialization and product innovation. In addition, several new players are also projected to participate in order to gain a competitive advantage in the market. In 2013, the global printed and flexible sensors market stood at US$6.28 bn and is projected to be worth US$7.51 bn by the end of 2020. The market is expected to register a healthy 2.50% CAGR between 2012 and 2020, as per the study.

The rapid growth in individual application segments and several benefits over the conventional sensors are some of the key factors driving the global market for printed and flexible sensors. In addition, the developing global market for Internet of Things is further anticipated to fuel the growth of the market in the next few years. On the flip side, several challenges in conductive ink printing are estimated to hamper the growth of the market for printed and flexible sensors in the near future.

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By type, the global market for printed and flexible sensors has been categorized into piezoelectric, digital X-ray sensors, capacitive, piezoresistive, temperature sensors, biosensors, gas sensors, photodetectors, and hybrid CMOS sensors. Among these, the biosensors segment accounts for the largest share in the market and is anticipated to dominate the overall market in the coming years. This segment finds uses in diverse applications in the pharmaceutical industry, among which glucose strips hold the largest share in the market. By end use, the global market for printed and flexible sensors has been divided into consumer electronics, automotive, apparel and textile, and healthcare.

By geography, the research study on the global market for printed and flexible sensors has been classified into Europe, Asia Pacific, North America, and Rest of the World. In 2013, North America accounted for the largest share in the global market for printed and flexible sensors. In the same year, Europe held the second largest position in the global market and is expected to grow substantially, thanks to product breakthroughs and technological developments. On the other hand, the Asia Pacific market for printed and flexible sensors is anticipated to grow at a fast pace throughout the forecast period, owing to the rapid industrialization in India and China.

The research report further studies the competitive scenario of the global market for printed and flexible sensors, focusing on the company profiles, financial scenario, product portfolio, business policies, and recent news and developments. The leading players operating in the global market for printed and flexible sensors are Peratech Ltd., ISORG SA, Fujifilm Holding Corporation, Synkera Technologies, Inc., Thin Film Electronics ASA, KWJ Engineering Inc., Tekscan, Inc., GSI Technologies LLC., PST Sensors Ltd., and Interlink Electronics Inc.

A new market research study, titled “Printed and Flexible Sensors Market - Global Industry Size, Share, Trends, Analysis, And Forecasts 2012 - 2020,” by Transparency Market Research offers a comprehensive analysis of the global printed and flexible sensors market . The research study further talks about the major growth drivers and opportunities available for the major players operating in the market.

Browse the full Printed And Flexible Sensors Market - Global Industry Size, Share, Trends, Analysis, And Forecasts 2012 - 2018 report at http://www.transparencymarketresearch.com/printed-and-flexible-sensors-market.html

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