The printed electronics global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Printed Electronics Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The printed electronics market size has grown rapidly in recent years. It will grow from $11.36 billion in 2023 to $13.54 billion in 2024 at a compound annual growth rate (CAGR) of 19.2%. The growth in the historic period can be attributed to consumer electronics demand, medical device applications, growth of automotive electronics.
The printed electronics market size is expected to see rapid growth in the next few years. It will grow to $26.5 billion in 2028 at a compound annual growth rate (CAGR) of 18.3%. The growth in the forecast period can be attributed to iot and smart devices, wearable technology, energy harvesting solutions, sustainable and eco-friendly materials, advanced manufacturing techniques. Major trends in the forecast period include flexible and wearable electronics, in-mold electronics (ime), 3d printing electronics, iot and sensor integration, technological advancements.
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The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The increasing demand from the automotive industry is expected to propel the growth of the printed electronics market going forward. The production of automobiles utilizes printed electronic devices such as tailing sensors, elements for heating, Organic light-emitting diode lights (OLED), and Organic solar cells (OPV) in daily production and assembling activities. Therefore the increase in automobile production is expected to boost the utilization of printed electronics. For instance, according to March 2020 report by Invest India, the National Investment Promotion and Facilitation Agency of India, the automobile industry in India is expected to reach $300 billion by 2026, with the passenger segment witnessing a growth of 22% to 25% in the year 2022. Furthermore, according to March 2022 report by The European Automobile Manufacturers’ Association, global car production output increased by 2.7% in 2021, with output in the US increasing by 3.1% and output in China growing by 7.1%. Therefore, the increase in demand from the automobile industry is expected to boost demand for printed electronics during the forecast period.
Market Trends –
Strategic partnerships and collaborations are a key trend gaining popularity in the printed electronics market. Major companies operating in the printed electronics equipment market are focused on strategic partnerships to expand their product development activities, venture in new regions and meet their customer demands. For Instance, in February 2021, Henkel Adhesive Technologies, a Germany-based chemical, and consumer goods company announced a partnership with Quad Industries, a Belgium-based solutions provider and manufacturing of customized printed electronics for technological value creation. This partnership hopes to share technology for designing creating, prototyping, and manufacturing of printed electronics.
The printed electronics market covered in this report is segmented –
1) By Technology: Inkjet, Screen, Gravure, Flexographic
2) By Material: Ink, Substrate
3) By Application: Displays, RFID Tags, Batteries, Photovoltaic Cells, Lighting, Other Applications
4) By End-Use Industry: Automotive & Transportation, Healthcare, Consumer Electronics, Aerospace & Defense, Construction & Architecture, Retail & Packaging, Other End User Industries
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Regional Insights –
Asia-Pacific was the largest region in the printed electronics market in 2023, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the printed electronics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the printed electronics market include LG Display Co. Ltd., Samsung Electronics Co. Ltd., Molex LLC, Agfa-Gevaert Group, Palo Alto Research Center Incorporated, BASF SE, DuPont de Nemours Inc., Xerox Corporation, Koch Industries Inc., Jabil Inc., Bebop Sensors Inc., Sensing Tex S.L, E Ink Holdings Inc., Flex Ltd., Carre Technologies Inc., Xerox Holdings Corporation, Thin Film Electronics ASA, T+ink Inc., NovaCentrix Corp., Optomec Inc., Vorbeck Materials Corp., Brückner Maschinenbau GmbH & Co. KG, Cicor Management AG, DuraTech Industries Inc., Heidelberger Druckmaschinen AG, Henkel AG & Co. KGaA, InkTec Co. Ltd., Komura-Tech Co. Ltd., Nissha Co. Ltd., Tritek Co. Ltd.
Table of Contents
1. Executive Summary
2. Printed Electronics Market Report Structure
3. Printed Electronics Market Trends And Strategies
4. Printed Electronics Market – Macro Economic Scenario
5. Printed Electronics Market Size And Growth
…..
27. Printed Electronics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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