Printed Electronics Industry Overview

The global printed electronics market size was valued at USD 8.66 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 22.3% over the forecast period as printed electronic products are gaining rapid traction. The estimated escalation of the technology is attributed to its ability to be incorporated in a variety of dynamic application areas, such as the Internet of Things (IoT) and consumer electronics. The increasing penetration of IoT is providing several growth opportunities, widening the scope of printed electronics applications across the sector. In addition, the rising demand for advanced OLED displays and printed RFID devices are paving the way for increasing the adoption of the technology owing to its low production cost, higher efficiency, and low power consumption.

Gather more insights about the market drivers, restrains and growth of the Printed Electronics Market

Printed electronics has been a significant research arena, focusing on continuous upgrades and improvisations to enhance the existing abilities and for exploring more applications across various fields. Increased investments in R&D by various associations, organizations, and manufacturers over the last few decades have led to several benchmarking innovations and developments in this technology. The end-product manufacturers majorly include the producers of consumer electronics, such as IoT devices, smartphones, display devices, and other communication devices.

The manufacturers implement the technology into various products based on the necessity and supply to the distributors or retailers for sales purposes. The prominent players in the industry are focusing on mergers and acquisitions or distribution partnerships to establish a grip in the emerging regional markets, such as the Asia Pacific. For instance, Thin Film Electronics ASA (U.S.) has signed a distribution agreement with a Chinese company, CymMetrik. The agreement aims toward the expansion of sales, particularly in China, Taiwan, India, and other nations in the Asia Pacific region. Printed electronics technology is experiencing high demand in this continent on account of the increasing consumer electronics manufacturing practices.

Browse through Grand View Research's Electronic Devices Industry Research Reports.

• The global consumer electronics market size was valued at USD 1,068.22 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030.
• The global polyethylene terephthalate market size was valued at USD 34.15 billion in 2019. It is anticipated to register a compound annual growth rate (CAGR) of 5.6% over the forecast period.

Printed Electronics Market Segmentation

Grand View Research has segmented the global printed electronics market on the basis of material, technology, device, and region:

Printed Electronics Material Outlook (Revenue, USD Million, 2017 - 2030)

• Ink
• Substrate

Printed Electronics Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Inkjet
• Screen
• Gravure
• Flexographic

Printed Electronics Device Outlook (Revenue, USD Million, 2017 - 2030)

• Displays
• Photovoltaic
• Lighting
• RFID
• Others

Printed Electronics Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • Japan
• South America
  • Brazil
• Middle East & Africa

Key Companies profiled:

• BASF SE
• DuPont
• Molex, Inc.
• PARC, a Xerox company
• E-Ink Holdings, Inc.
• Thin Film Electronics ASA

Key Printed Electronics Company Insights

Companies are focusing on expanding their business across different regions to cater to the growing consumer demand. Companies are targeting emerging markets to expand their customer base through partnerships and acquisitions. The marketplace is witnessing a focused competition between the key players for understanding the market and establishing domination via rigorous R&D, innovative product launches, and enhancements in printing capabilities. Companies are also engaging in agreements to gain a competitive edge in the market. For instance, in April 2021, E Ink Holdings Inc. formed an agreement with DATA MODUL, a company that provides touch, display, and embedded monitors, for reselling its products focusing on the U.S. and European markets.

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