The global printed electronics devices market size is estimated to be valued at US$ 9,552.0 Million in 2022 and is projected to surpass US$ 40,877.0 Million by 2032. The demand for printed electronics devices is projected to grow at a CAGR of 15.6% during the forecast period 2022 to 2032.
The key drivers fuelling the printed electronic devices market expansion are the penetration of the Internet of Things (IoT) and the rise in demand for printed RFID devices.
Printed electrical devices also provide excellent efficiency, low production costs, and low power consumption. Furthermore, the advantages of printed electronic devices, such as being versatile and secure while also being cost-effective, are some of the major factors propelling the sales of printed electronic devices from 2022 to 2032.
Attributes | Details |
---|---|
Printed Electronics Devices Market Size (2022) | US$ 9,552.0 Million |
Printed Electronics Devices Market Size (2032) | US$ 40,877.0 Million |
Printed Electronics Devices Market CAGR | 15.6% |
The sales of printed electronic devices are projected to rise as they are a good example of smart and adaptable technology. Moreover, printed electronic devices allow for the manufacture of complicated devices in a flexible and cost-effective manner. The printed electronics devices market share is rising due to the growing use of these devices in a variety of industries, including aerospace, healthcare, media, and many others.
Printed electronics is a way of producing electronic devices by printing them on a variety of surfaces. Inkjet printers are now widely utilized to print electronic circuits fast and cheaply. This factor is predicted to dramatically raise the adoption of printed electronic devices, resulting in a double-digit CAGR in the near future.
Printed electronic devices are simple to manufacture and integrate, allowing for the production of multiple electronic devices while minimizing the amount of energy consumed by these devices. The sales of printed electronic devices as it is widely being utilized to produce dozens of electronic devices, ranging from sensors and antennas to printed batteries and displays, and nearly all of the basic building blocks of electronic devices.
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The growing adoption of IoT is opening up new growth opportunities and expanding the scope of printed electronics device applications across the industry.
The rising demand for sophisticated OLED displays and printed RFID devices are paving the way for further technological adoption of printed electronic devices due to their low production cost, improved efficiency, and low power consumption. Printed electronic devices have become a key research area for emerging companies, with a focus on ongoing upgrades and improvisations to improve existing capabilities.
Over the last few decades, increased Research and Development investments by various associations, companies, and manufacturers have resulted in several new innovations and developments in the printed electronics devices market. Consumer electronics manufacturers, such as IoT devices, smartphones, display devices, and other communication devices, are among the end-product manufacturers.
When it comes to emerging technologies, cost reduction is frequently a driving force behind Research and Development initiatives. The expense of new materials and equipment for printed electronics devices research, on the other hand, is very costly. As a result, these factors are anticipated to restrain the printed electronics devices market growth during the forecast period.
Printed electronics device manufacturers must consequently place a high priority on Research and Development in order to produce value that goes beyond cost reduction, such as thinner, lighter, more resilient, and flexible products.
Material qualities are likely to influence investment decisions in particular technologies. The development of new technologies necessitates the use of precision machinery and trained employees, which adds to the overall printed electronics devices market expenditures. As a result, the high investment required is a constraint anticipated to diminish the demand for printed electronic devices through 2032.
Smart packaging is gaining popularity and is predicted to quickly replace traditional packaging as it allows for shipping monitoring and quality control of packaged goods. Packaging with built-in electronics creates new communication routes between the physical and digital worlds. This factor is anticipated to boost the sales of printed electronic devices during the projected period.
This is likely to assist companies in the printed electronics devices market in focusing on individual clients and personalizing customer service delivery. Printed sensors are used in the smart packaging application to analyze, secure, and measure the temperature of packaged products, as well as to provide real-time information on the origin, transportation, and condition of products.
In 2021, the Asia Pacific region dominated the global market, accounting for more than 46 percent of total revenue. The significant share in the printed electronics devices market can be attributable mostly to the growing use of printed electronics technology in consumer electronics applications.
The rise in the sales of printed electronics devices can be linked to the region's fast-expanding electronics manufacturing sector. Emerging markets such as China, South Korea, and Japan contribute significantly to the target market. Furthermore, the Asia Pacific region, particularly China, is a manufacturing hub for printed electronic devices.
North America is witnessing significant growth in the printed electronics devices market, with an anticipated share of 24.2% in 2022.
The North American printed electronics market is expected to earn significant revenue in 2022, as well as the quickest growth between 2022 and 2032. This is due to the increasing demand for flexible and resilient substrates for printed electronic circuits, as well as the increasing penetration of IoT technologies. Furthermore, the low manufacturing cost and rapid evolution of digital printing technology are adding to the region's market growth.
The demand for printed electronics devices is expected to gain pace in Europe due to increased Research and Development spending and expanding acceptance of the technology in a variety of industrial applications such as photovoltaic, lighting, and RFID devices. During the predicted period, the region is expected to capture 26.2% of the overall market share.
The increasing acceptance of novel technologies in the European region, as well as the expanding popularity of electronics items, are contributing considerably to the expansion of the printed electronics devices market in Europe.
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Startups in the printed electronics devices market are incorporating technology into diverse items based on rising demand for printed electronic devices and then delivering them to distributors or retailers for sale.
To gain a foothold in expanding regional markets such as Asia Pacific, these companies are focused on mergers and acquisitions or distribution partnerships. For example, Thin Film Electronics ASA (USA) has struck a distribution arrangement with CymMetrik, a Chinese company.
Some of the key market participants in the printed electronics devices market are BASF SE, E Ink Holdings, Inc, DuPont, Enfucell Oy, GSI Technologies, Blue Spark Technologies, IMPRINT ENERGY, and BrightVolt.
Companies are focusing on expanding their operations across multiple locations in order to meet rising consumer demand and are trying to extend their consumer base in emerging markets through partnerships and acquisitions.
The printed electronics devices market is witnessing intense competition among key companies for market understanding and dominance through rigorous Research and Development, novel product releases, and printing capability advancements.
Some of the recent developments in printed electronic devices are:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 15.6% from 2022 to 2032 |
Base Year for Estimation | 2022 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in US$ million and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled | BASF SE, E Ink Holdings, Inc, DuPont, Enfucell Oy, GSI Technologies, Blue Spark Technologies, IMPRINT ENERGY, and BrightVolt. |
Customization | Available Upon Request |
The printed electronics devices market is likely to garner a CAGR of 15.6%, during the forecast period.
The Asia Pacific is the leading printed electronics devices market.
By 2032, the printed electronics devices market is likely to grow by US$ 40,877.0 Million.
1. Executive Summary | Printed Electronics Devices Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and Their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Billion) & Volume (Units) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ Billion) & Volume (Units) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Technology
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Billion) & Volume (Units) Analysis By Technology, 2017 to 2021
5.3. Current and Future Market Size Value (US$ Billion) & Volume (Units) Analysis and Forecast By Technology, 2022 to 2032
5.3.1. Inkjet printing
5.3.2. Gravure printing
5.3.3. Screen printing
5.3.4. Flexographic printing
5.3.5. Others
5.4. Y-o-Y Growth Trend Analysis By Technology, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By Technology, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
6.1. Introduction
6.2. Historical Market Size Value (US$ Billion) & Volume (Units) Analysis By Region, 2017 to 2021
6.3. Current Market Size Value (US$ Billion) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa
6.4. Market Attractiveness Analysis By Region
7. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
7.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
7.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
7.2.1. By Country
7.2.1.1. United States of America
7.2.1.2. Canada
7.2.2. By Technology
7.3. Market Attractiveness Analysis
7.3.1. By Country
7.3.2. By Technology
7.4. Key Takeaways
8. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
8.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
8.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
8.2.1. By Country
8.2.1.1. Brazil
8.2.1.2. Mexico
8.2.1.3. Rest of Latin America
8.2.2. By Technology
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Technology
8.4. Key Takeaways
9. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
9.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. Germany
9.2.1.2. United Kingdom
9.2.1.3. France
9.2.1.4. Spain
9.2.1.5. Italy
9.2.1.6. Russia
9.2.1.7. Rest of Europe
9.2.2. By Technology
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Technology
9.4. Key Takeaways
10. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. China
10.2.1.2. Japan
10.2.1.3. India
10.2.1.4. South Korea
10.2.1.5. Australia
10.2.1.6. Rest of Asia-Pacific (APAC)
10.2.2. By Technology
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Technology
10.4. Key Takeaways
11. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Billion) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ Billion) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. South Africa
11.2.1.2. Saudi Arabia
11.2.1.3. UAE
11.2.1.4. Israel
11.2.1.5. Rest of Middle East and Africa
11.2.2. By Technology
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Technology
11.4. Key Takeaways
12. Key Countries Market Analysis
12.1. Value (US$ Billion) & Volume (Units)ed States
12.1.1. Pricing Analysis
12.1.2. Market Share Analysis, 2021
12.1.2.1. By Technology
12.2. Canada
12.2.1. Pricing Analysis
12.2.2. Market Share Analysis, 2021
12.2.2.1. By Technology
12.3. Brazil
12.3.1. Pricing Analysis
12.3.2. Market Share Analysis, 2021
12.3.2.1. By Technology
12.4. Mexico
12.4.1. Pricing Analysis
12.4.2. Market Share Analysis, 2021
12.4.2.1. By Technology
12.5. Germany
12.5.1. Pricing Analysis
12.5.2. Market Share Analysis, 2021
12.5.2.1. By Technology
12.6. United Kingdom
12.6.1. Pricing Analysis
12.6.2. Market Share Analysis, 2021
12.6.2.1. By Technology
12.7. France
12.7.1. Pricing Analysis
12.7.2. Market Share Analysis, 2021
12.7.2.1. By Technology
12.8. Spain
12.8.1. Pricing Analysis
12.8.2. Market Share Analysis, 2021
12.8.2.1. By Technology
12.9. Italy
12.9.1. Pricing Analysis
12.9.2. Market Share Analysis, 2021
12.9.2.1. By Technology
12.10. Russia
12.10.1. Pricing Analysis
12.10.2. Market Share Analysis, 2021
12.10.2.1. By Technology
12.11. China
12.11.1. Pricing Analysis
12.11.2. Market Share Analysis, 2021
12.11.2.1. By Technology
12.12. Japan
12.12.1. Pricing Analysis
12.12.2. Market Share Analysis, 2021
12.12.2.1. By Technology
12.13. India
12.13.1. Pricing Analysis
12.13.2. Market Share Analysis, 2021
12.13.2.1. By Technology
12.14. South Korea
12.14.1. Pricing Analysis
12.14.2. Market Share Analysis, 2021
12.14.2.1. By Technology
12.15. Australia
12.15.1. Pricing Analysis
12.15.2. Market Share Analysis, 2021
12.15.2.1. By Technology
12.16. South Africa
12.16.1. Pricing Analysis
12.16.2. Market Share Analysis, 2021
12.16.2.1. By Technology
12.17. Saudi Arabia
12.17.1. Pricing Analysis
12.17.2. Market Share Analysis, 2021
12.17.2.1. By Technology
12.18. UAE
12.18.1. Pricing Analysis
12.18.2. Market Share Analysis, 2021
12.18.2.1. By Technology
12.19. Israel
12.19.1. Pricing Analysis
12.19.2. Market Share Analysis, 2021
12.19.2.1. By Technology
13. Market Structure Analysis
13.1. Competition Dashboard
13.2. Competition Benchmarking
13.3. Market Share Analysis of Top Players
13.3.1. By Regional
13.3.2. By Technology
14. Competition Analysis
14.1. Competition Deep Dive
14.1.1. BASF SE
14.1.1.1. Overview
14.1.1.2. Product Portfolio
14.1.1.3. Profitability by Market Segments
14.1.1.4. Sales Footprint
14.1.1.5. Strategy Overview
14.1.1.5.1. Marketing Strategy
14.1.1.5.2. Product Strategy
14.1.1.5.3. Channel Strategy
14.1.2. E Ink Holdings, Inc
14.1.2.1. Overview
14.1.2.2. Product Portfolio
14.1.2.3. Profitability by Market Segments
14.1.2.4. Sales Footprint
14.1.2.5. Strategy Overview
14.1.2.5.1. Marketing Strategy
14.1.2.5.2. Product Strategy
14.1.2.5.3. Channel Strategy
14.1.3. DuPont
14.1.3.1. Overview
14.1.3.2. Product Portfolio
14.1.3.3. Profitability by Market Segments
14.1.3.4. Sales Footprint
14.1.3.5. Strategy Overview
14.1.3.5.1. Marketing Strategy
14.1.3.5.2. Product Strategy
14.1.3.5.3. Channel Strategy
14.1.4. Enfucell Oy
14.1.4.1. Overview
14.1.4.2. Product Portfolio
14.1.4.3. Profitability by Market Segments
14.1.4.4. Sales Footprint
14.1.4.5. Strategy Overview
14.1.4.5.1. Marketing Strategy
14.1.4.5.2. Product Strategy
14.1.4.5.3. Channel Strategy
14.1.5. GSI Technologies
14.1.5.1. Overview
14.1.5.2. Product Portfolio
14.1.5.3. Profitability by Market Segments
14.1.5.4. Sales Footprint
14.1.5.5. Strategy Overview
14.1.5.5.1. Marketing Strategy
14.1.5.5.2. Product Strategy
14.1.5.5.3. Channel Strategy
14.1.6. Blue Spark Technologies
14.1.6.1. Overview
14.1.6.2. Product Portfolio
14.1.6.3. Profitability by Market Segments
14.1.6.4. Sales Footprint
14.1.6.5. Strategy Overview
14.1.6.5.1. Marketing Strategy
14.1.6.5.2. Product Strategy
14.1.6.5.3. Channel Strategy
14.1.7. IMPRINT ENERGY
14.1.7.1. Overview
14.1.7.2. Product Portfolio
14.1.7.3. Profitability by Market Segments
14.1.7.4. Sales Footprint
14.1.7.5. Strategy Overview
14.1.7.5.1. Marketing Strategy
14.1.7.5.2. Product Strategy
14.1.7.5.3. Channel Strategy
14.1.8. BrightVolt
14.1.8.1. Overview
14.1.8.2. Product Portfolio
14.1.8.3. Profitability by Market Segments
14.1.8.4. Sales Footprint
14.1.8.5. Strategy Overview
14.1.8.5.1. Marketing Strategy
14.1.8.5.2. Product Strategy
14.1.8.5.3. Channel Strategy
15. Assumptions & Acronyms Used
16. Research Methodology
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