Printed Electronics Market

The global printed electronics market size was valued at more than USD 11.71 Billion in 2022 and is estimated to reach around USD 53.14 Billion by 2031, expanding at a CAGR of 18.3% during the forecast period, 2023 - 2031. Printed electronics is a method of printing electronic components to create an electronic device on a thin sheet usually called a substrate. This printing method is mainly found in antennas, sensors, solar panels, LEDs, biometric sensors, processors, and skin patches.

OLED television manufacturers extensively use electronic printing methods. Printing electronics have enabled the printing of electrical components such as resistors, condensers, spools, and transistors, thus making them cost-effective, lightweight, and flexible. Low production cost, high efficiency, and low power consumption are key aspects for the wide use of printed electronics in various industries.

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Printed Electronics Market Trends, Drivers, Restraints, and Opportunities

• Increasing penetration of the Internet of Things (IoT) helps to expand the use of printed electronics applications across numerous sectors. This is projected to drive the market expansion in the coming years.
• Rising demand for advanced OLED displays and printed RFID devices is increasing the adoption of electronic printing technology, which in turn, is expected to boost the market growth during the forecast period.
• High demand for printed electronic products in automotive & transportation due to the development of automation and assistive technology is a key factor driving the market.
• High maintenance costs and the requirement for skilled technicians for handling machines are the major restraining factors. This is expected to hamper the market growth in the coming years.
• The increasing use of electronic printing in the healthcare sector is anticipated to boost the market.
• Electronic printing technology is relatively new and has large potential; therefore, government agencies and private investors are investing in this technology. Thus, these factors are creating opportunities in the market.

Scope of Printed Electronics Market Report

The report on the global printed electronics market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Printed Electronics Market Segment Insights

Printing Technologies Segment Analysis

In terms of printing technologies, the printed electronics market is segmented into inkjet printing, screen printing, flexographic printing, and gravure printing. The screen printing segment is projected to account for a significant share of the market during the forecast period. Screen printing is one of the most versatile printing techniques used globally.

This electronic printing technique is used for a variety of applications such as printing posters, labels, signage boards, textile, and electronic circuit boards, for manufacturing printed sensors and printed batteries. Screen printing is vastly used for producing electrodes and electrical lines of LED panels, touch panels, and solar cells. Moreover, the screen printing technology helps create large scale designs and is useful for thick application of inks on the surface of substrates.

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Materials Segment Analysis

Based on materials, the market is bifurcated mainly into inks and substrates. The inks segment held a key share of the market in 2020 and this trend is anticipated to expand at a high CAGR during the forecast period. High demand for advanced printing technologies, improved quality conductive inks, and compact devices fuel segment growth.

End-Users Segment Analysis

In terms of end-users, the printed electronic market is divided into automotive & transportation, healthcare, consumer electronics, aerospace & defense, construction & architecture, and retail & packaging. The aerospace & defense segment is anticipated to expand at a high CAGR during the forecast period due to low weight, relative simplicity, high reliability, and low maintenance required. Moreover, advancements in technology have enabled printing of electronics on 3D surfaces, which are likely to boost the aerospace & defense segment in the coming years.

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Regional Analysis

Based on regions, the global printed electronics market is fragmented into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The market in Asia Pacific region is likely to expand at a substantial CAGR during the forecast period, as the region is considered to be a manufacturing hub for electronic devices and components.

The large-scale production of electronic components and high investments in R&D activities by governments and investors in the region are the driving the market in the region.

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Segments

Printing Technologies

• Inkjet Printing
• Screen Printing
• Flexographic Printing
• Gravure Printing

End-users

• Automotive & Transportation
• Healthcare
• Consumer Electronics
• Aerospace & Defense
• Construction & Architecture
• Retail & Packaging

Materials

• Inks
• Substrates

Regions

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Carre Technologies Inc.
• Jabil Inc.
• Bebop Sensors Inc.
• Sensing Tex S.L
• E Ink Holding Inc

Competitive Landscape

Key players in the global printed electronics market include Carre Technologies Inc.; Jabil Inc.; Bebop Sensors Inc.; Sensing Tex S.L; and E Ink Holding Inc. These players are engaged in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.