Printed Electronics Market: Surging Towards $55.7 Million by 2032 with a Staggering CAGR of 20.1%
Printed Electronics Market: Global Opportunity Analysis and Industry Forecast, 2023-2032
WILMINGTON, DELAWARE, UNITED STATES, February 9, 2024 /EINPresswire.com/ — Printed Electronics Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology (Inkjet Printing, Screen Printing, Gravure Printing, Flexographic Printing), by Material (Inks, Substrates), by Application (Display, Photovoltaic, Lighting, RFID, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032.
The global printed electronics market growth was valued at $9.4 billion in 2022, and is projected to reach $55.7 billion by 2032, growing at a CAGR of 20.1% from 2023 to 2032.
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The printed electronics market growth projections is expected to witness substantial growth during the forecast period. This is attributed due to the creation of electrical circuits using additive technologies Traditional electronics production relies on time-consuming and wasteful subtractive techniques such as etching and milling. Printed electronics, on the other hand, take a more environmentally friendly method, depositing electronic inks onto substrates precisely and controllably. This additive manufacturing technology not only reduces material waste, but it also opens new opportunities for building electronics on unusual surfaces. The printed electronics market demand out due to its low cost and scalability. Laser and screen-printing technologies, for instance, may be rapidly adapted for high-volume production, lowering manufacturing costs when compared to older methods.
The demand for printed electronic components used in goods such as smart home systems, wearable electronics, and e-learning tools has expanded dramatically as more people work and study from home. This surge in demand has created opportunities for innovation in printed electronics, causing companies to develop more efficient and cost-effective printing techniques to meet the market’s evolving expectations. The developments have found applications in a range of areas, such as healthcare, retail, and public settings, where minimizing physical touch is a priority.
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Competitive Analysis:
The printed electronics industry key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market’s strengths, product portfolio, market size and share analysis, operational results, and market positioning.
Some of the major key players of the printed electronics market include,
➡️ E Ink Holdings Inc.,
➡️ Nissha Co. Ltd,
➡️ DuPont (EI) De Nemours,
➡️ Molex LLC,
➡️ LG Display Co., Ltd.,
➡️ BASF SE,
➡️ Agfa-Gevaert Group,
➡️ NovaCentrix, Palo Alto Research Center Incorporated (PARC),
➡️ Samsung Electronics Co., Ltd.
Top Impacting Factors:
The printed electronics market report is segmented into material, technology, device and region. On the basis of material, the market is bifurcated into ink and substrate. By technology, the market is classified into inkjet, screen printing, gravure printing, and flexographic. Depending on device, the market is classified into display, photovoltaic, lighting, RFID and others. Based on region, the printed electronics market size by country is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Research Methodology:
The research uses both primary and secondary research to assemble data on the various facets of the international security screening market. Using interviews or surveys, primary market research has been used to collect highly authenticated data from direct sources, such as consumers in a particular market. Secondary market research is a method for gathering information from previously released data that has been produced by international organizations, business groups, government and research institutions, and so on.
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Key Benefits for Stakeholders:
➡️ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the printed electronics market analysis from 2022 to 2032 to identify the prevailing printed electronics market opportunities.
➡️ The market research is offered along with information related to key drivers, restraints, and opportunities.
➡️ Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
➡️ In-depth analysis of the printed electronics market segmentation assists to determine the prevailing market opportunities.
➡️ Major countries in each region are mapped according to their revenue contribution to the global market.
➡️ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
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Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.
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