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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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