A recent report published by Infinium Global Research on the printed electronics market provides an in-depth analysis of segments and sub-segments in the global as well as regional printed electronics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional printed electronics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global printed electronics market. According to the report, the global printed electronics market is projected to grow at a CAGR of 20.4% over the forecast period of 2020-2026.

Market Insight

Printed electronics is one of the fastest-growing technologies and is becoming important to several industries including healthcare, aerospace, media, and transit. However, the spread of COVID-19 will have a negative impact on every aspect of the printed electronics industry including printed electronics designers and manufacturers, raw material producers, and suppliers. The outbreak of COVID-19 is expected to disrupt the supply chain and cause a widespread postponement or cancelation of several industrial activities. However, over the long term, favorable government policies and the provision of other financial packages for recovery of the manufacturing sector are expected to bring positive opportunities in the market.

The growth of the global printed electronics market is driven by the increasing demand for flexible electronics along with increasing inclination towards environmentally friendly technology. Additionally, printed electronics are being widely adopted in several industries due to its benefits such as cost-effective flexibility, thickness, and many others. It is widely used in several end-use industries such as electronics, consumer goods, aerospace & defense, media, and healthcare many others are likely to have a positive impact on the growth of the printed electronics market throughout the forecast period. However, lack of skilled system integrators and lack of standardization is expected to hamper the growth of the global printed electronics market throughout the forecast period. Going further, the growth in the penetration rate of IoT is creating greater growth opportunities for printed electronics in several end-use applications. Furthermore, the rising investment in research and development by manufacturers and organizations is also having a positive impact on market growth. Manufacturers operating in this market are focusing towards the merger and acquisitions and collaboration to gain the market share in the industry. For instance, in July 2019, Optomec announced that Samsung Electronics has commissioned an Aerosol Jet 5X System in its Printed Electronics Lab to enable next-generation electronics production.

Among the region, Asia Pacific dominates the global printed electronics market in terms of revenue. The growth of this region is attributed due to the increasing demand from end-use industries. The developing countries such as China, India, South Korea, and many others are playing a major role in printed electronics due to the expanding popularity of advanced consumer electronics products. Additionally, rapid economic development and technological improvements are some supporting factors attributed to the growth of the market of the Asia Pacific region. Moreover, North America and Europe are expected to hold a substantial share in this market owing to the high adoption rate of innovative technologies, the presence of prominent printed display manufacturers, and increasing investments in research and development activities. On the other hand, the Middle East and Africa and Latin America are anticipated to show steady growth over the forecast period.

Segment Covered

The report on the global printed electronics market covers segments such as printing technology, application, and material. On the basis of printing technology, the sub-markets include a screen, flexography, inkjet, and gravure. On the basis of application, the sub-markets include displays, sensors, and batteries. On the basis of material, the sub-markets include inks, plastic, glass, and substrates.

Companies Profiled:

The report provides profiles of the companies in the market such as E Ink Holdings, NovaCentrix, DuPont de Nemours, Inc, Nissha USA Inc, Printed Electronics Limited, Thin Film Electronics ASA, Enfucell Oy, Cambridge Display Technology, Optomec Inc., and Ynvisible Interactive.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the printed electronics market. Moreover, the study highlights current market trends and provides forecasts from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.