The printed electronics market is estimated to be valued at USD 14.72 billion in 2024 and is expected to reach USD 49.31 billion by 2031, growing at a compound annual growth rate (CAGR) of 18.8% from 2024 to 2031.
Printed electronics has emerged as a promising technology that holds potential to revolutionize various industries with its ability to print functional materials like conductors, semiconductors, and dielectrics onto flexible and non-flexible substrates. The printed electronics market enables the production of electronic devices through printing techniques like inkjet printing, gravure printing, and screen printing. This helps fabricate electronics in a cost-effective manner using materials efficiently. Applications of printed electronics include photovoltaic panels, displays, Radio Frequency Identification (RFID) tags, sensors, and batteries. Continuous technological advancements to enhance the printability and performance of electronic components is expected to further drive the adoption of printed electronics in the coming years.
Market Dynamics:
The global printed electronics market is driven by the growing demand for cost-effective and flexible electronic products across industries. Manufacturers are increasingly investing in printed electronics technology owing to benefits such as simpler fabrication processes and lower material wastage compared to traditional silicon technology. Furthermore, the ability of printed electronics to enable the integration of electronic components into novel surfaces through printing is expanding its application scope. However, high capital requirement for setting up printed electronics manufacturing plants and difficulty in mass producing complex circuit patterns act as key restraints. On the other hand, ongoing R&D to develop advanced functional inks and find newer applications of printed electronics presents lucrative growth opportunities.
Key features of the study:
- This report provides an in-depth analysis of the global printed electronics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global printed electronics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Agfa-Gevaert Group., Applied Ink Solutions., BASF SE, Coatema Coating Machinery GmbH, Dow, DuPont, E Ink Holdings Inc., ELANTAS Europe Srl., Intrinsiq Materials, Inc., Jabil Inc., Molex, NextFlex., Nissha Co., Ltd., Novacentrix., Optomec, Inc., Palo Alto Networks, PRINTED ELECTRONICS LTD., SAMSUNG, Sumitomo Chemical Co., Ltd., Thin Film Electronics ASA., Vorbeck MaterialsCorp., and Ynvisible Interactive Inc. are the major players.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global printed electronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Detailed Segmentation:
- Material
- Technology
- Flexography
- Ink-jet Printing
- Gravure Printing
- Screen Printing
- Others
- Application
- Sensors
- Displays
- Batteries
- RFID
- Lighting
- Photovoltaic
- Others
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Key Players Insights
- Agfa-Gevaert Group.
- Applied Ink Solutions.
- BASF SE
- Coatema Coating Machinery GmbH
- Dow
- DuPont
- E Ink Holdings Inc.
- ELANTAS Europe Srl.
- Intrinsiq Materials, Inc.
- Jabil Inc.
- Molex
- NextFlex.
- Nissha Co., Ltd.
- Novacentrix.
- Optomec, Inc.
- Palo Alto Networks
- PRINTED ELECTRONICS LTD.
- SAMSUNG
- Sumitomo Chemical Co., Ltd.
- Thin Film Electronics ASA.
- Vorbeck MaterialsCorp.
- Ynvisible Interactive Inc.