Printed Electronics Market By Printing Technology (Inkjet Printing, Screen Printing, Flexographic Printing, Gravure Printing, Other Printing Technologies), By Material (Inks, Substrates, Organic Substrates, Inorganic Substrates) By Resolution (Below 100 Lines/CM, 100 To 200 Lines/CM, Above 200 Lines/CM), By Applications (Displays, RFID Tags, Batteries, Photovoltaic Cells, Lighting, Other Applications), By End-User Industry (Automotive & Transportation, Healthcare, Consumer Electronics, Aerospace & Defense, Construction & Architecture, Retail & Packaging, Other End-use Industries), By Different substrates transport techniques used in printed electronics (Roll-to-Roll, Sheet-to-Sheet, Sheet-on-Shuttle), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and America – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 – 2028

Printed Electronics Market Overview

The assessed acceleration of the innovation is credited to the capacity to be consolidated in an assortment of dynamic application regions, like IoT and customer hardware. The rising of IoT is giving a few learning experiences, broadening the extent of printed gadgets applications across the area. Also, the rising interest for cutting edge OLED shows and printed RFID gadgets are making ready for expanding reception of the innovation attributable to its low creation cost, higher productivity, and low power utilization. 
Moreover, the increased demand for printed electronics in the emerging economies such as India, China, Indonesia, Brazil, and others. The increased spending by key companies on the research and development and product launch is further estimated to drive the global printed electronics market in the coming years. In addition, the increased demand for printed electronics in the automotive and transportation industry as well as growing consumer electronics industry are presumed to enhance the market demand in the coming years. However, the high investment cost of the printed electronics is projected to restrain the market growth over the forecast period.

Market Size

According to Business Intelligence Insights "Printed Electronics Market is expected to grow from USD 9629.5 million in 2021 to USD 35,951.3 million by 2027, at a CAGR of 17.90% during the forecast period 2022-2028

Covid -19 Impact Analysis

The flare-up and the spread of the COVID-19 hurt the printed gadgets market in 2020, bringing about diminished shipments of printed hardware. This brought about a decrease in income. Subsequently, a dunk was seen in market development during the principal half of 2020. This pattern kept on winning till Q1 2021. The spread of COVID-19 has affected the showcase business as makers of show boards were seeing creation disturbances brought about by lockdowns forced in various nations since this industry is work concentrated. The effect can be seen on account of LG Display Co., Ltd., which zeroed in on growing its OLED creation by inclining up creation at its Guangzhou plant in China. The organization confronted creation delays because of the COVID-19 pandemic, bringing about a decrease in show shipment.

Market Dynamics

•    Drivers
o    Development of IoT.
o    Need for efficient and cost-effective development of electronic products.

•    Restraints
o    High cost involved in installing the printing system for electronic components.

Segmentation Insights

Screen printing category dominated the market with more than 75% of the market share

During the projected period, screen printing technology will account for the greatest share of the market. Screen printing is one of the world's oldest and most versatile printing methods. This printing process is used to create printed sensors and batteries, as well as posters, labels, signs boards, textiles, and electronic circuit boards. Electrodes and electrical wires for LED panels, touch panels, and solar cells are printed via screen printing. Additionally, the technology allows for the creation of big graphics and the application of thicker inks to substrate surfaces. During the forecast period, the screen printing technology accounted for the biggest share of the printed electronics market.

Inkjet category dominated the market with more than 20% of the market share

Inks accounted for the second largest portion of the printed electronics market in 2021. Moreover, throughout the projection period, the category is expected to rise at a faster CAGR. One of the most important materials utilized in the production of printed electronics is ink. The rising need for enhanced printing processes, better quality conductive inks, and compact devices is related to the segment's rise. Graphene ink, for example, is being developed to create low-cost, flexible, water-resistant, and highly conductive electrical circuits. 

By Printing Technology
•    Inkjet Printing
•    Screen Printing
•    Flexographic Printing
•    Gravure Printing
•    Other Printing Technologies

By Resolution
•    Below 100 Lines/CM
•    100 To 200 Lines/CM
•    Above 200 Lines/CM

By Applications
•    Displays
•    RFID Tags
•    Batteries
•    Photovoltaic Cells
•    Lighting
•    Other Applications

By End-User Industry
•    Automotive & Transportation
•    Healthcare
•    Consumer Electronics
•    Aerospace & Defense
•    Construction & Architecture
•    Retail & Packaging
•    Other End-use Industries 

By Different Substrates Transport Techniques
•    Roll-to-Roll
•    Sheet-to-Sheet
•    Sheet-on-Shuttle

By Region
•    North America
o    U.S.
o    Canada
•    Europe 
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Rest of Europe
•    Asia Pacific 
o    China
o    India
o    Japan
o    Rest of Asia Pacific
•    Latin America 
o    Brazil
o    Mexico
o    Rest of Latin America
•    Middle East and Africa 
o    UAE
o    South Africa
o    Rest of Middle East and Africa (MEA)

Key Players

List of Key Players in the Printed Electronics Market:

•    Samsung Electronics Co., Ltd. (South Korea)
•    LG Display Co., Ltd. (South Korea)
•    Molex, LLC (US)
•    Agfa-Gevaert Group (Belgium)
•    Palo Alto Research Center Incorporated (PARC) (US)
•    DuPont de Nemours, Inc. (US)
•    Nissha Co., Ltd. (Japan)
•    BASF (Germany)
•    NovaCentrix (US)
•    E Ink Holdings Inc. (Taiwan)

Regional Insights

Asia Pacific dominated the market with more than 50% of the market share

During the projected period, Asia-Pacific will be the leading region, accounting for half of the market's development. The primary markets for printed electronics in APAC are South Korea (Republic of Korea), Japan, and China. The market in APAC will increase at a quicker rate than the market in other regions. The availability of low-cost products will aid the printed electronics market expansion in APAC throughout the projected period, thanks to the region's high concentration of display and electronic device manufacturers such as E-ink Holdings and AU Optronics.

Table

Report Attributes	Details
Market Size Value in 2021	USD 9629.5 million
Market Size Value in 2027	USD 35,951.3 million
Growth Rate	+17.90%
Base Year	2021
Forecast Period	2021-2030
Historical Data	2018-2020
Forecast Units	(USD Million)
Countries Covered	North America: U.S and Canada Europe: Germany, France, Italy, U.K, Spain, Russia, Rest of Europe APAC: China, Japan, South Korea, India, Australia, South East Asia, Rest of Asia Pacific Latin America: Brazil, Mexico Middle East And Africa: Saudi Arab, South Africa, UAE
Segments Covered	By Printing Technology, By Resolution, By Applications, By Application, By End-User Industry, By Different Substrates Transport Techniques, By Region

 

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