Global Printed Electronics market research 2024, Forecast To 2033
8 Feb, 2024
The printed electronics market has demonstrated significant growth, set to rise from $11.36 billion in 2023 to $13.54 billion in 2024, with a CAGR of 19.2%. This expansion is credited to the demand from consumer electronics, applications in medical devices, and the growth of automotive electronics. Looking forward, the market is expected to reach $26.5 billion in 2028, with an 18.3% CAGR, driven by trends such as the integration of smart and sensor technologies in printed electronics, regulatory compliance in material safety, the use of sustainable and eco-friendly materials, and advancements in manufacturing techniques.
Global Printed Electronics Market Key Driver
The increasing demand from the automotive industry is boosting the printed electronics market. The production of automobiles utilizes printed electronic devices, and the industry is projected to reach $300 billion in India by 2026. This surge in demand is expected to drive the printed electronics market in 2023, 2024, and 2028.
Get A Free Sample Of The Global Printed Electronics Market ReportGlobal Printed Electronics Market Segments
The global 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, Healthcare, Consumer Electronics, Aerospace & Defense, Construction & Architecture, Retail & Packaging, Other End User Industries
By Geography: The regions covered in the Printed Electronics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Asia-Pacificwas the largest region in the printed electronics market in 2023, 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.
Major Printed Electronics Industry Players
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.
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Printed Electronics Market Overview
Printed electronics involve the use of technology that enables the manufacturing of electronic devices that are thinner and wearable. Printed electronics are precise and produced cost-effectively. Printed electronics offer the benefit of creating devices, sensors on a variety of substrates, and also uniquely shaped devices that can be integrated into existing products. It is used to produce various kinds of electronic goods, such as electronic circuits, displays, antennas, electronic skin patches, and sensors.
Printed Electronics Global Market Report 2023 provides data on the global printed electronics market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The printed electronics market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.