The global printed sensors market is forecasted to be appraised at USD 161,882.6 million by 2033, up from USD 95,374.8 million in 2023. The printed sensors industry is projected to witness a CAGR of 5.4% during the forecast period.
The sales of printed sensors are on a significant rise due to their high mechanical flexibility. These sensors can efficiently detect various stimuli related to specific biological and environmental species. Hence, they have been gaining widespread attention and consequently, the demand for printed sensors is being bolstered in the global market.
Printed sensors are gaining power in recent times due to their application in multiple sectors like automobiles, aviation, healthcare, environmental monitoring, and more, facilitating the availability of printed sensors in numerous verticals.
Printed sensors are eco-friendly in nature and are flexible, with the ability to fit on various small-shaped electronic devices. Therefore, it is anticipated that the printed sensors industry is likely to witness significant growth during the forecast period.
Attributes | Details |
---|---|
Printed Sensors Market Value (2023) | USD 95,374.8 million |
Printed Sensors Market Anticipated Value (2033) | USD 161,882.6 million |
Printed Sensors Market Projected Growth Rate (2023 to 2033) | 5.4% |
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It is anticipated that the growing application of printed sensors in wearable medical devices and consumer electronics is a key driver in the market. In recent years, printed sensors have gained huge attention from researchers, owing to their significant potential for wearable electronics and IoT applications. Further, the adoption of printed sensors in device-engineering technologies has resulted in the creation of foldable, light, and flexible sensors.
Printed sensors are widely gaining adoption as they eliminate the use of silicon and metal oxides that are harmful in nature. Instead, with the help of innovative printing technologies, the printed sensors are manufactured over various flexible substrates like paper, plastic, rubber-like polymers, and foils, which render printed sensors to be thin and light with high flexibility for mechanical purposes. This factor is highly driving the printed sensors industry.
The introduction of printed sensors has governed the portability of the product, which has resulted in increased sales of printed sensors in the medical sector. Moreover, it is also projected that some significant opportunities in the future for printed sensors are the growing trends for touch-enabled electronic devices and IoT, augmenting the sales of printed sensors globally.
An important factor driving the sales of printed sensors is the declining prices as printed sensors are becoming compatible with diversified application areas such as packaging, consumer electronics, and more, leveraging printed sensors technology at a low cost. Additionally, the rising demand for printed electronic devices corresponds to the growth of the printed sensors industry as well.
It is anticipated that certain prevailing factors might hinder the demand for printed sensors in the upcoming years, besides the numerous growth factors. Further, the printed sensors have a very complex manufacturing process, and this acts as a key restraint for small and medium-sized companies, limiting the research and development capabilities of these firms.
There are also challenges involved with conductive ink printing and insufficient technological accessibility, such as organic light-emitting diode displays. In addition to that, another challenge faced by the printed sensors industry is that it is still in its development stage.
Enabling technologies like ultra-thin chip technology is expected to address the existing bottlenecks in microelectronics, such as 3D integration, which in turn can open up new opportunities for the growth of the demand for printed sensors in the market.
Region | North America |
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Market Share % (2022) | 30.4% |
The North America region is anticipated to lead the printed sensors industry share in the upcoming years. Currently, this region is accountable for more than 30.4% of the total market printed sensors share.
The market demand for printed sensors is getting augmented by a wide margin, owing to the high technological advancement and adoption in the North American region. In addition, the populace is getting indulged in healthcare spending, which is bolstering the sales of printed sensors as well. With notable growth in the economy and growing demand for consumer electronics, the printed sensors industry share is likely to witness a notable expansion during the forecast period.
Region | Europe |
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Market Share % (2022) | 23.1% |
At present, Europe holds 23.1% of the total printed sensors industry share. The Europe region is expected to have significant growth in sales of printed sensors in the coming years. Due to support provided by the government, and grants received for manufacturing, this region is expected to have an increased demand for printed sensors in the coming years.
The start-up ecosystem in the printed sensors industry is intense with frequent innovations being made. Moreover, Startups in the printed sensors industry are focusing on improvising the devices for maximized implications in medical and electronic devices, creating further demand for printed sensors in these sectors. For example,
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Who are the Key Market Players for the Printed Sensors?
Some of the leading printed sensors global players include Interlink Electronics, Inc., Thinfilm, KWJ Engineering, Peratech Holdco Limited, ISORG, Integrated Device Technology, Inc., Tekscan, Inc., FUJIFILM Holdings America Corporation, GSI Technologies, LLC, and PST sensors.
The key players in the industry are continuously collaborating, upgrading, and making efforts to expand the printed sensors industry. Further modifications of the sensors to enhance the end-user experience further bolster the adoption of printed sensors in maximum industry verticals.
Recent Developments in the Market:
Report Attributes | Details |
---|---|
Growth Rate | CAGR of 5.4% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Type, Application, Printing Technology, Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; The Middle East and Africa |
Key Countries Profiled | The United States, Canada, Brazil, Argentina, Germany, The United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC, South Africa |
Key Companies Profiled | Interlink Electronics, Inc.; Thinfilm,; KWJ Engineering; Peratech Holdco Limited; ISORG; Integrated Device Technology, Inc.; Tekscan, Inc.; FUJIFILM Holdings America Corporation; GSI Technologies; LLC; PST sensors |
Customization | Available Upon Request |
This market is estimated to reach USD 161,882.6 million by 2033.
North America dominates the global market.
Complex printed sensor manufacturing limits the research & development of SMEs.
Printed sensors revolutionize flexible device technologies.
The United States accounts for a significant market share.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Printed Biosensor 5.2. Printed Touch Sensor 5.3. Printed Gas Sensor 5.4. Printed Humidity Sensor 5.5. Printed Image Sensor 5.6. Printed Pressure Sensor 5.7. Printed Temperature Sensor 5.8. Printed Proximity Sensor 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Printing Technology 6.1. Gravure Printing 6.2. Inkjet Printing 6.3. Screen Printing 6.4. Flexography 6.5. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Industrial 7.2. Automotive 7.3. Consumer Electronics 7.3.1. Smartphones 7.3.2. Wearable Devices 7.3.3. Others 7.4. Environmental Testing 7.5. Industrial Equipment 7.6. Medical Devices 7.7. Building Automation 7.8. Smart Packaging 7.9. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Interlink Electronics, Inc. 18.2. Thinfilm 18.3. KWJ Engineering 18.4. Peratech Holdco Limited 18.5. ISORG 18.6. Integrated Device Technology, Inc. 18.7. Tekscan, Inc. 18.8. FUJIFILM Holdings America Corporation 18.9. GSI Technologies 18.10. PST Sensors 19. Assumptions & Acronyms Used 20. Research Methodology
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