Backed by rigorous analysis and deep industry knowledge, this study is designed to support growth and investment decisions in the printed electronics market.
Printed Electronics Market Valuation Forecast: What Will The Market Be Worth By 2025?
The printed electronics market size has grown rapidly in recent years. It will grow from $13.34 billion in 2024 to $15.56 billion in 2025 at a compound annual growth rate (CAGR) of 16.7%. The growth in the historic period can be attributed to consumer electronics demand, medical device applications, growth of automotive electronics,.
The printed electronics market size is expected to see rapid growth in the next few years. It will grow to $29.44 billion in 2029 at a compound annual growth rate (CAGR) of 17.3%. The growth in the forecast period can be attributed to iot and smart devices, wearable technology, energy harvesting solutions, sustainable and eco-friendly materials, advanced manufacturing techniques. Major trends in the forecast period include flexible and wearable electronics, in-mold electronics (ime), 3D printing electronics, iot and sensor integration, technological advancements.
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What Are The Key Factors Driving Growth In The Printed Electronics Market?
The increasing demand from the automotive industry is expected to propel the growth of the printed electronics market going forward. The production of automobiles utilizes printed electronic devices such as tailing sensors, elements for heating, Organic light-emitting diode lights (OLED), and Organic solar cells (OPV) in daily production and assembling activities. For instance, according to a report by the International Energy Agency (IEA), in 2022, the market penetration of electric vehicles within China's domestic automotive sector surged to 29%, marking a significant increase from the 16% recorded in the previous year. Therefore, the increase in demand from the automobile industry is expected to boost demand for printed electronics during the forecast period.
Emerging And High-Growth Segments In The Global Printed Electronics Market
The printed electronics market covered in this report is segmented –
1) By Technology: Inkjet, Screen, Gravure, Flexographic
2) By Material: Ink, Substrate
3) By Application: Displays, RFID Tags, Batteries, Photovoltaic Cells, Lighting, Other Applications
4) By End-Use Industry: Automotive & Transportation, Healthcare, Consumer Electronics, Aerospace & Defense, Construction & Architecture, Retail & Packaging, Other End User Industries
Subsegments:
1) By Inkjet: Drop-on-Demand Inkjet Printing, Continuous Inkjet Printing
2) By Screen: Flatbed Screen Printing, Rotary Screen Printing
3) By Gravure: Rotogravure Printing
4) By Flexographic: UV Flexography, Water-based Flexography
Printed Electronics Market Future Trends
Strategic partnerships and collaborations are a key trend gaining popularity in the printed electronics market. Major companies operating in the printed electronics equipment market are focused on strategic partnerships to expand their product development activities, venture in new regions and meet their customer demands. For instance, in May 2023, Fuji Corporation, a Japan-based provider of advanced manufacturing solutions and automation technologies, announced a partnership with J.A.M.E.S. GmbH, a Germany-based electronics company. This partnership aimed at advancing the growth of additive electronics. The collaboration centers around Fuji's innovative 3D printer, the FPM Trinity, which integrates resin substrate printing, circuit printing, and component mounting, facilitating the comprehensive 3D printing of electronic devices within a single machine, as stated by the company.
Key Printed Electronics Company Insights:
Major companies operating in the printed electronics market include LG Display Co. Ltd., Samsung Electronics Co. Ltd., Molex LLC, Agfa-Gevaert Group, Palo Alto Research Center Incorporated, BASF SE, DuPont de Nemours Inc., Xerox Corporation, Koch Industries Inc., Jabil Inc., Bebop Sensors Inc., Sensing Tex S.L, E Ink Holdings Inc., Flex Ltd., Carre Technologies Inc., Xerox Holdings Corporation, Thin Film Electronics ASA, T+ink Inc., NovaCentrix Corp., Optomec Inc., Vorbeck Materials Corp., Brückner Maschinenbau GmbH & Co. KG, Cicor Management AG, DuraTech Industries Inc., Heidelberger Druckmaschinen AG, Henkel AG & Co. KGaA, InkTec Co. Ltd., Komura-Tech Co. Ltd., Nissha Co. Ltd., Tritek Co. Ltd.
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How Does Printed Electronics Market Growth Vary Across Major Regions?
Asia-Pacific was the largest region in the printed electronics market in 2024, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the printed electronics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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