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Printed Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Report Format: PDF+Excel | Report ID: SR112023A3927
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Market Overview:
The global printed electronics market size reached US$ 53.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 130.8 Billion by 2027, exhibiting a growth rate (CAGR) of 16.56% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Printed electronics refer to the electronic devices developed on substrates, such as foil, paper, glass and fabric polymers, using carbon-based compound inks, inkjet printers and flexography, gravure and screen-printing technologies. Some of the commonly used printed electronics include wearable devices, flexible keyboards, electronic skin patches, biosensors, display units, Organic Light Emitting Diode (OLEDs) and photovoltaic cells. In comparison to the traditionally used electronics, printed variants are more environment-friendly, lightweight, flexible, cost-effective and have lower power requirements. As a result, they find extensive application across various industries, such as aerospace, automotive, healthcare and consumer electronics.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Global Printed Electronics Market Trends:
Significant growth in the electronic industry across the globe is one of the key factors creating a positive outlook for the market. With the increasing requirement for next-generation flexible products, there is a rising demand for energy-efficient, thin and sustainable consumer electronics. Moreover, the widespread adoption of smart and connected devices is providing a thrust to the market growth. There is a shifting consumer preference for printed electronics in wearable devices, smart packaging solutions, medical devices and smart apparels due to the favorable sensing, data storage and transmission properties. Additionally, various innovations, such as the utilization of additive manufacturing and screen-printing technologies, are acting as other growth-inducing factors. They aid in producing fully electromechanical components with enhanced accuracy using ultraviolet (UV) curable, plastisol, water and solvent-based inks. In line with this, printed sensors and panels are also extensively used in the cockpits and navigation systems of aircraft and military vehicles, thereby favoring the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global printed electronics market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on material, technology and device.
Breakup by Material:
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- Ink
- Substrate
Breakup by Technology:
- Inkjet
- Screen
- Gravure
- Flexographic
Breakup by Device:
- Display
- Photovoltaic
- Lighting
- RFID
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agfa-Gevaert N.V., BASF SE, DuPont de Nemours Inc., E Ink Holdings Inc., Molex LLC (Koch Industries), Nissha Co. Ltd., NovaCentrix, Optomec Inc., Palo Alto Research Center Incorporated (Xerox Corporation), Vorbeck Materials Corporation and Ynvisible Interactive Inc.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Material, Technology, Device, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Agfa-Gevaert N.V., BASF SE, DuPont de Nemours Inc., E Ink Holdings Inc., Molex LLC (Koch Industries), Nissha Co. Ltd., NovaCentrix, Optomec Inc., Palo Alto Research Center Incorporated (Xerox Corporation), Vorbeck Materials Corporation and Ynvisible Interactive Inc. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report
The global printed electronics market was valued at US$ 53.5 Billion in 2021.
We expect the global printed electronics market to exhibit a CAGR of 16.56% during 2022-2027.
The emerging popularity of next-generation flexible products, coupled with the rising demand for energy-efficient, thin, and sustainable consumer electronics, is primarily driving the global printed electronics market.
The sudden outbreak of the COVID-19 pandemic has led to the shifting preferences towards smart and touchless technologies, such as printed electronics in wearable devices, smart packaging solutions, medical devices, etc.
Based on the material, the global printed electronics market can be segmented into ink and substrate. Currently, ink holds the majority of the total market share.
Based on the technology, the global printed electronics market has been divided into inkjet, screen, gravure, and flexographic. Among these, screen technology currently exhibits a clear dominance in the market.
Based on the device, the global printed electronics market can be categorized into display, photovoltaic, lighting, RFID, and others. Currently, display accounts the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global printed electronics market include Agfa-Gevaert N.V., BASF SE, DuPont de Nemours Inc., E Ink Holdings Inc., Molex LLC (Koch Industries), Nissha Co. Ltd., NovaCentrix, Optomec Inc., Palo Alto Research Center Incorporated (Xerox Corporation), Vorbeck Materials Corporation, and Ynvisible Interactive Inc.
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