Printed Electronics Market Value

Report Description
Printed electronics is a method of printing to create electrical circuits. In printed
electronics method, the conductive polymers and inks are printed onto the fabrics or
foils. The printed electronics is comparatively a cost effective process when compared to
the traditional methods of creating transistors, capacitors and coils. It has a wide range of
applications in several industries, which includes consumer goods, electronics, media and
healthcare among others. Printed electronics being the latest technology, the adoption of
the technology among the above-mentioned industries are high owing to its potential
benefits such as flexibility, thickness and cost among others. The printed electronics
market will provide lucrative opportunities for development of new products. The global
market for printed electronics will register a double digit CAGR over the forecast period.
Global printed Electronics Market: Drivers & Restraints
The global printed electronics market is primarily driven by the demand for printed
electronics in from the electronics industry for various electronic products such as mobile
phones, LED’s among others. The need for energy efficient products with high
performance and cost effective manufacturing is fostering the growth for global printed
electronics market. The polymers used for printing being organic it has minimal effect on
the environment and use of OLED (Organic Light Emitting Diodes) in the automotive
industry, which is also contributing to the growth of printed electronics market globally.
However, some of the challenges associated with the printed electronics manufacturing
such as the substrate thickness, uniformity and other materials related challenges such as
the ink viscosity and printability might pose as a restraint to the market.