Printed Electronics Market Size, Share, Industry Trends and Forecast to 2030

What is the Market Size & CAGR of Printed Electronics market in 2021?

The global printed electronics market had a market size of USD 6.8 billion in 2021. It is expected to grow at a CAGR of 7.5% from 2021 to 2026, reaching a market size of USD 11.32 billion by the end of 2026. The printed electronics market is witnessing substantial growth due to the increasing demand for flexible, lightweight, and cost-effective electronic products in various industries such as consumer electronics, automotive, healthcare, and aerospace.

COVID-19 Impact on the Printed Electronics Market

The COVID-19 pandemic had a mixed impact on the printed electronics market. On one hand, the disruption in the global supply chain and manufacturing operations led to a temporary slowdown in the market growth. On the other hand, the demand for printed electronics increased in healthcare applications such as wearable health monitoring devices and medical sensors. As the world recovers from the pandemic, the printed electronics market is expected to rebound and grow at a faster pace.

Printed Electronics Dynamics

The printed electronics market is driven by factors such as the increasing adoption of IoT devices, the growing demand for flexible displays and RFID tags, and the development of advanced printing technologies. The market is also influenced by factors such as the high initial investment cost, the need for skilled labor, and the limited availability of materials with suitable electrical properties. However, ongoing research and development activities in the field of printed electronics are expected to drive market growth in the coming years.

Segments and Related Analysis

1. By Printing Technology:

a. Inkjet Printing
b. Screen Printing
c. Flexographic Printing
d. Gravure Printing

2. By Application:

a. Displays
b. RFID Tags
c. Sensors
d. Batteries

3. By End-Use Industry:

a. Consumer Electronics
b. Automotive
c. Healthcare
d. Aerospace

By Region Analysis

1. North America

The North American printed electronics market is driven by the presence of key players, technological advancements, and the increasing adoption of IoT devices in various industries.

2. Europe

The European printed electronics market is characterized by growing government initiatives to promote smart manufacturing and sustainable technologies.

3. Asia Pacific

The Asia Pacific printed electronics market is witnessing significant growth due to the rapid industrialization, increasing investment in R&D activities, and the presence of a large consumer electronics market.

4. Latin America

The Latin American printed electronics market is expected to grow steadily due to the growing demand for flexible and lightweight electronic products in the region.

5. Middle East and Africa

The Middle East and Africa printed electronics market are driven by the increasing adoption of smart technologies in various industries and the focus on sustainable development.

Key Market Players and Competitive Landscape

Some of the key players in the global printed electronics market include DuPont, BASF SE, E Ink Holdings Inc., Thales Group, and Samsung Electronics Co. These companies are focusing on product development, partnerships, and mergers to gain a competitive edge in the market.

Recent happenings in the Printed Electronics Market

In recent years, the printed electronics market has witnessed significant developments such as the introduction of flexible displays, advancements in conductive inks, and the integration of printed sensors in various applications. Moreover, the market has seen collaborations between key players to develop innovative solutions and cater to the evolving demands of the industry.