Published on : Apr 04, 2017
Albany, New York, April 04, 2017: The report on the global printed electronics market provides an in-depth insight into the key drivers and restraints, current trends, recent technological innovations, and competitive dynamics. The research study offers an analysis of the market share and size of key application segments and the factors affecting their demand across major end-use industries. The advancement in printing techniques and manufacturing processes are also covered in the study.
The research analysis offers revenue share and size of major geographic areas such as Asia Pacific, the Americas, and the Europe, the Middle East and Africa (EMEA) along the forecast period. The study analyzes the profile of key vendors, their major offerings, and the key strategies adopted by them to consolidate their positions. The research report estimates the global printed electronics market is expected to rise at a CAGR of 8.26% during the period 2017-2021.
The global printed electronics market is majorly driven by the soaring demand for organic light-emitting diode (OLED) in flexible electronics. OLEDs are gaining increased popularity due to their low manufacturing cost and sustainability and they can be used in making a variety of display panels such as curved and transparent displays. The flexibility of the OLED allows manufacturers to design transparent panels that can be color tuned to serve various purposes. The extensive use of OLED in making a wide range of electronic devices including smartphones, digital cameras, and virtual reality headsets is expected to propel the market in the coming years. Furthermore, the rise in adoption of smart cards and RFID tags to optimize inventory and supply chain management is anticipated to drive the market.
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The launch of high-performing printed electronic materials made with the help of inkjet technology is expected to open up lucrative avenues in the printed electronics market. In addition, the adoption of innovative manufacturing technology such as 3D printing is anticipated to crate abundant opportunities for market players.
Asia Pacific is a prominent market for printed electronics and is expected to contribute a major revenue over the next four years. The presence of several electronics foundries in countries such as Japan, China, India, Taiwan, and South Korea is expected to fuel the regional market. In addition, the advancement in semiconductor technology is poised to spur the demand for printed electronics technology.
The global printed electronics market is competitive with several players offering differentiated products to gain a competitive edge over others. Leading companies are making mergers and acquisition to consolidate their market shares across various regions. Major companies operating in this market include E Ink, T-ink, Thin Film Electronics ASA, NovaCentrix, and GSI Technologies, LLC.
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