At present, the printed electronics market is extensively competitive, due to the presence of a large number of regional and global players worldwide. The leading players in the market, such as Ynvisible Interactive Inc., E Ink Holdings Inc., Thin Film Electronics ASA, NovaCentrix Corp., Agfa-Gevaert N.V., Nissha Co. Ltd., BASF SE, Xerox Corporation, and DuPont de Nemours Inc. are currently focusing on partnerships and mergers and acquisitions to expand their geographical presence.
The component segment of the printed electronics market is bifurcated into printer and material. Of these, the printer category generated the higher revenue in 2019, due to the mushrooming demand for inkjet and screen printers for photovoltaic (PV) and display applications in countries such as China, Germany, Brazil, the U.A.E., and the U.S. Whereas, the material category is expected to demonstrate the faster growth during the forecast period, due to the increasing use of inks and substrates in the fabrication of printed electronic circuits, which are being increasingly used in PV cells, displays, and RFID tags.
Printed Electronics Market Share, Size, Future Demand, Top Leading Player, and Emerging Trends
Geographically, Asia-Pacific (APAC) accounted for the largest share in the printed electronics market in 2019, and it is also expected to witness the fastest growth throughout the forecast period. This is attributed to the burgeoning demand for robust and flexible substrates for printed electronic circuits and rising penetration of the internet of things (IoT) technology in the region. Additionally, the low manufacturing cost and continuous developments in digital printing technology will also facilitate the market growth in the region in the coming years.
Therefore, the mounting demand for flexible electronics and rising preference for digital printing will augment the market growth in the forthcoming years. This market research report provides a comprehensive overview of the market
- The Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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