San Francisco,17
October 2018: The global printed electronics market is projected to reach USD 19.15 billion by 2025,
according to a new report by Grand View Research, Inc. The surging demand for
the flexible electronics at low manufacturing costs and the need for
eco-friendly technologies is paving the way for increased adoption of the
technology.
Additionally, the
increasing penetration of IoT worldwide is proving to be a prime factor in
pulling the printed electronics market over the forecast period. The
continuously growing demand for IoT in the telecommunication industry for
enhancing the network and optimizing the performance along with operations is
expected to propel the application of technology over the forecast period.
Numerous technological
advancements and developments have led to the evolution of various electronic
gadgets and instruments. The growing awareness and user-friendly technologies
are leading to the early adoption of these innovative products significantly.
Competent players of the
industry are investing largely on the related R&D activities in order to
enrich the product portfolios and establish their presence in the market.
Eventually, adoption of the efficient and reliable technologies such as printed
electronics has turned out to be a necessity for the manufacturers across the
globe. Therefore, the printed electronics is anticipated to seek a notable
attention across the consumer electronic sector over the forecast period.
The printed electronics
market is categorized based on the materials needed, technologies, and the
devices holding a major application over the forecast period. The Asia Pacific
region contributes to the major demand of the conductive inks and is expected
to hold the grip over the estimated time. This demand can be accredited to the
increased production of consumer electronics across the regional countries.
However, the North
America and European countries such as UK, Germany, and Norway includes various
organizations and associations involved in the promoting and investing in
R&D for developing the printed electronics technology. Furthermore, the
Asia Pacific region is also expected to witness heavy demand which has led the
companies to invest heavily for enhancing the ink quality, reliability, and
other conductive properties.
The characteristic
features of the inkjet technology such as less ink consumption and material
wastage, flexibility, compactness, and less initial investment is leading the
technology to experience a noteworthy swift over the estimated period.
Furthermore, printed electronic RFID devices is another segment to observe a
remarkable rise over the forecast period owing to the demanding application in
the packaging sector. Hence, impacting positively for strengthening the global
printed electronics market across the globe.
Access Research Report
of Printed Electronics
Market @ www.grandviewresearch.com/industry-analysis/printed-electronics-market
Further key findings from the report suggest:
· The printed electronics market growth can
be accredited to the increasing adoption of the inkjet technology, the growing
display and printed RFID devices segments.
· The increasing awareness regarding the
conservation of natural resources is leading to the adoption of eco-friendly
alternatives, such as the adoption of photovoltaic devices which is further
attributing the technology growth.
· Conductive inks and the screen printing
technology are the two segments dominating the overall printed electronics
market constituting the major share.
· Various organizations and associations are
promoting the printed electronics technology in the European countries such as
Germany and UK, constituting for a considerable share in 2015.
· The key industry participants include Enfucell
Oy, GSI Technologies, NovaCentrix, and T-Ink, Inc. The major enhancement
strategies followed by the competent players include signing partnerships or
distribution agreements, mergers, and acquisitions along with enriching their
portfolios by undertaking continuous R&D.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/electronic-devices
Grand View Research has
segmented the global printed electronics market on the basis of material,
technology, device, and region:
Printed Electronics Material Outlook (Revenue, USD
Million, 2014 - 2025)
·
Ink
·
Substrate
Printed Electronics Technology Outlook (Revenue, USD
Million, 2014 - 2025)
·
Inkjet
·
Screen
·
Gravure
·
Flexographic
Printed Electronics Device Outlook (Revenue, USD Million,
2014 - 2025)
·
Display
·
Photovoltaic
·
Lighting
·
RFID
·
Others
Printed Electronics Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
South America
·
Middle East & Africa
Access Press Release of
Printed Electronics Market@ www.grandviewresearch.com/press-release/global-printed-electronics-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
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