The major players in the printed electronics market are Molex, LLC, Agfa-Gevaert Group, Palo Alto Research Center Incorporated (PARC), DuPont de Nemours, Inc., Nissha Co., Ltd., BASF, NovaCentrix, E Ink Holdings inc.
New York, October 7, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Printed Electronics Market Report 2022” –
Thin Film Electronics ASA, Enfucell Flexible Electronics Ltd, GSI Technologies Inc, Printed Electronics Ltd, InnovationLab GmbH, Elantas and QUAD Industries.
The global printed electronics market is expected to grow from $7.94 billion in 2021 to $9.54 billion in 2022 at a compound annual growth rate (CAGR) of 20.0%. The printed electronics market is expected to reach $19.06 billion in 2026 with a CAGR of 18.9%.
The printed electronics market consists of the sales of printed electronics by entities (organizations, sole traders, and associations) that are used to produce various types of electronic products, such as electronic circuits, displays, antennas, electronic skin patches and sensors. electronics involves the use of technology that allows the manufacture of electronic devices that are thinner and more portable.
Printed electronics are accurate and cost-effectively produced. Printed electronics offers the advantage of creating devices, sensors on a variety of substrates, and also uniquely shaped devices that can be integrated into existing products.
The main technologies used in printed electronics include inkjet, screen printing, gravure printing and flexography. Inkjet printing technology is non-contact and uses ink droplets with a diameter between 10 and 150 μm that are contained in a fluid channel for printing.
This technology is beneficial in that it has been used extensively in production and prototyping, and is cost-effective in that it allows the additive deposition of thin-line circuitry on a variety of substrates only where it is needed. Materials used in printed electronics include ink and substrate. .
They are used in the manufacture of screens, RFID tags, batteries, photovoltaic cells, lighting and other applications. End users of printed electronics include automotive and transportation, healthcare, consumer electronics, aerospace and defense, construction and architecture, retail and packaging, and other user industries. endings.
Asia Pacific was the largest region in the printed electronics market in 2021 and is also expected to be the fastest growing region in the forecast period. Regions covered in Printed Electronics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Printed Electronics Market research report is one of a series of new reports providing printed electronics market statistics, including global printed electronics industry market size, regional shares, competitors with a printed electronics market share printed, detailed printed electronics market segments, market trends and opportunities. and any other data you may need to thrive in the printed electronics industry. This printed electronics market research report offers a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Increasing demand from the automotive industry is expected to drive the growth of the printed electronics market in the future. Automotive production uses printed electronic devices such as tail sensors, heating elements, organic light-emitting diode (OLED) lights, and solar cells (OPV) in daily production and assembly activities.
Therefore, the increase in automobile production is expected to boost the use of printed electronics. For example, according to the March 2020 report by Invest India, India’s National Investment Promotion and Facilitation Agency, the auto industry in India is expected to reach $300 billion by 2026, with the passenger segment experiencing a growth from 22% to 25% in the year 2022.
Furthermore, according to the March 2022 report from the European Automobile Manufacturers Association, global automobile production increased by 2.7% in 2021, with production in the US up 3.1% and production growth in China of 7.1%. Therefore, rising demand from the automotive industry is expected to drive demand for printed electronics during the forecast period.
Strategic partnerships and collaborations are a key trend gaining popularity in the printed electronics market. Major companies operating in the printed electronic equipment market are focusing on strategic partnerships to expand their product development activities, venture into new regions, and meet the demands of their customers.
For example, in October 2020, Notion Systems GmbH, a Germany-based manufacturer of industrial inkjet systems, partnered with PV Nano Cell Ltd., an Israel-based provider of printed electronics solutions for digital manufacturing. printed electronics additive. Through the partnership, the companies will exchange data to optimize overall print performance. Additionally, 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 manufacturer of custom printed electronics for creating technological value. This association hopes to share technology to design, create, prototype and manufacture printed electronic products.
In February 2022, Axion BioSystems, Inc., a US provider of advanced live cell assay systems, acquired M-Solv Manufacturing Ltd. for an undisclosed amount. The acquisition agreement would involve the creation of a new entity called Axion BioSystems Manufacturing, UK, Ltd. This agreement would help bring together synergies for the development of the next generation of bioelectronic assay consumables. M-Solve Manufacturing limited is a UK based manufacturer of printed electronics, micromachining and microdeposition equipment.
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