Several of the major reasons influencing the market including the rise of conductive inks and printed electronics in photovoltaic cells, which use solar radiation are to produce electricity. In contrast to traditional rigid electronic production line, printed electronics improve substrates electronic capabilities. Integrated large scale printable electronics primarily deliver compact and thin electronics employing high-volume production technique in a cost effective manner, in contrast to traditional electronics which is used in packaging and print. One of the main technique used by major players competing in electronics market to enhance their presence globally is new product development through research. Over the projected period, it is predicted that a growing number of printed batteries, sensor and other portable devices would drive the global market for printed electronics.
The global Printed Electronics Market was valued at US$ 4,771.9 Mn in 2021 and is expected to reach US$ 55,566.5 Mn by 2030, growing at a CAGR of 22.1% between 2022 and 2030.
Leading companies in the Printed electronics Industry:
1. Thin Film Electronics ASA
Thin film is a global leader in NFC mobile marketing and smart-packaging solutions using printed electronics technology. Global headquarters in Oslo, Norway
2. T+ink, Inc.
Founded in 2002 T+ink, Inc. provides seamless and disruptive solutions to products and designs making objects smart, interactive and secure.
3. NovaCentrix
Founded in 1999 headquarters in Texas, USA NovaCentrix offers photonic curing tools, conductive inks, material and expertise enabling development and production of next-generation printed electronic devices.
4. Xerox Corporation
Xerox Corporation, major American corporation that was a pioneer in office technology, notably being the first to manufacture xerographic plain-paper copiers. The company was founded in 1906 and Headquarters are in Norwalk, Connecticut.
5. BASF SE
Founded in 1856 is a chemical manufacturing company that include the sectors materials, industrial solution, surface technology, Nutrition and agricultural solutions. Operational in more than 90 countries and headquarters in Ludwigshafen, DE.
6. E Ink Holdings Inc
E Ink Holdings Inc. started in 1992 and manufactures Electronic Paper. Headquarters in Asia Pacific region. E Ink Holdings Inc. in the month of June 2020, announced that Yiwu Qing Yue Optoelectronics have become a member of their epaper ecosystem partnership and will be one of the ,ain suppliers of electronic Shelf Labels modules to retail market.
7. PARC
PARC since 1970 been pioneering developments, creating systems and devising solutions that improve the human experience of technology. It has headquarters situated in Palo Alto, CA.
*Definition- Printed electronics is a set of printing techniques applied to produce electrical devices on different substrates.
