Printed Electronics Market | Size, Shares, Key Players, COVID-19 Impact | To Rapid Growth USD 35.2 Billion Earnings By 2028: Industry Trends, Forecast Report by Zion Market Research
NEW YORK, March 16, 2022 /PRNewswire/ -- As per Zion Market Research study, according to report of Zion Market Research, Printed Electronics industry accumulated revenue worth about US$ 10.26 billion in 2021 and is slated to amass ROI about US$ 35.2 billion by 2028. In addition to this, Printed Electronics market is prognosis to record CAGR of almost 22.4% in 2022-2028. Apparently, growth of printed electronics market over forecast timespan is subject to rise in IoT penetration in various applications. Apart from this, humungous demand for upgraded OLED displays and printed RFID equipment resulting in adoption of printed electronics technology will drive market trends. Low production cost, need for enhanced efficacy, and reduction in power usage will create huge demand for printed electronics techniques in automotive & transportation sectors. For instance, low cost of printed electronics facilitating volume fabrication in RFID systems enables contactless documentation in transport & trading activities. Another significant application of printing electronics is to print on flexible substrates allowing electronics to be put on curved façades. Citing an instance, printing solar panels on roof tops of vehicles.
Zion Market Research published the latest report titled as "Printed Electronics Market- By Material (Substrates, Plastic, Glass, Paper, Inks, Dielectric Inks, And Conductive Inks), By Technology (Flexography, Ink-Jet Printing, Gravure Printing, And Screen Printing), And By Application (Displays, OLEDS, Sensors, And PVs): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028" into their research database.
Printed Electronics Market: Overview
Printed electronics is a set of printing procedures that are utilized in developing electrical equipment on various kinds of substrates. Moreover, printing electronics makes use of common printing device fit for describing patterns on materials including inkjet, screen printing, gravure, flexography, and offset lithography. In addition to this, printed electronics are low cost methods which help optical inks deposition on substrates including resistors, thin film transistors, resistors, capacitors, and coils. Most common applications of printed electronics are flexible displays, active clothing, smart labels, and decorative & animated posters. Benefits of using printed electronics include reduced costs, ease in manufacture, and ease of integration.
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Our Free Sample Report Includes:
- 2022 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 180 + Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2021 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Zion Market Research methodology
Industry Dynamics:
Printed Electronics Market: Growth Dynamics
Rise in demand for printed electronics methods in automotive & transportation sector will drive market trends. Moreover, printed electronics find slew of applications in automotive sector due to its flexibility, thinness, and robust features. In addition to this, printed electronics have proved beneficial for various vehicle manufacturers for producing OLED-driven display panels & lightening in automobiles, conductive elements in vehicle seats, and printed sensors. This has favored growth of printed electronics market.
Restraints: High investment costs of printed electronics as well as costs incurred on importing raw materials & equipment for research on printed electronics can prove as a deterrent to growth of printed electronics market in coming years. Development of novel techniques requires precision equipment and trained workforce which also adds to overall costs on printed electronics activities.
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List of Key Players of Printed Electronics Market:
- Novaled AG
- Blue Spark technologies
- Nano Solar Inc.
- BASF SE
- eMagin Corp.
- Kovio Inc.
- Aveso Group
- Printechnologics GMBH
- Polyic Gmbh & Co. Kg
- Toppan Forms (HK) Limited
- Sipix Imaging Inc.
- E Ink Holdings Inc.
Key Industry Insights & Finding of the Printed Electronics Market Reports:
- As per the analysis shared by our research analyst, the Printed Electronics Market is expected to grow annually at a CAGR of around 22.4% (2022-2028).
- Through the primary research, it was established that the Printed Electronics Market was valued approximately USD 10.26 billion in 2021 and is projected to reach to roughly USD 35.2 billion by 2028.
- Asia Pacific is a manufacturing hub for electronic equipment and this has boosted expansion of printed electronics market in Asia Pacific zone.
Key questions answered in this report:
- What are the growth rate forecast and market size for Printed Electronics Market?
- What are the key driving factors propelling the Printed Electronics Market forward?
- What are the most important companies in the Printed Electronics Market Industry?
- What segments does the Printed Electronics Market cover?
- How can I receive a free copy of the Printed Electronics Market sample report and company profiles?
Report Scope:
Free Brochure: https://www.zionmarketresearch.com/requestbrochure/printed-electronics-market
Regional Dominance:
Asia Pacific Printed Electronics Market Revenue To Escalate Over 2022-2028
Growth of printed electronics market in Asia Pacific over next few years can be credited to rise in acceptance of printed electronics methods in consumer products. In addition to this, Asia Pacific is a manufacturing hub for electronic equipment and this has boosted expansion of printed electronics market in Asia Pacific zone. A prominent increment in funding of research activities pertaining to printed electronics in sub-continent has enhanced demand for printed electronics methods in various sectors in sub-continent.
Global Printed Electronics Market is segmented as follows:
Printed Electronics Market: By Material Outlook (2022-2028)
- Substrates
- Plastic
- Glass
- Paper
- Inks
- Dielectric Inks
- Conductive Inks
Printed Electronics Market: By Technology Outlook (2022-2028)
- Flexography
- Ink-jet Printing
- Gravure Printing
- Screen Printing
Printed Electronics Market: By Application Outlook (2022-2028)
- Displays
- OLEDS
- Sensors
- PVs
Printed Electronics Market: By Region Outlook (2022-2028)
North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Press Release For Printed Electronics Market: https://www.zionmarketresearch.com/news/printed-electronics-market-to-hit-scaling-heights-of
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Browse through Zion Market Research's coverage of the Global Technology & Media Industry
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