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The global printed electronics market stood at a value of around USD 12.63 billion in 2023. The market is further expected to grow at a CAGR of 19.5% in the forecast period of 2024-2032 to attain USD 62.32 billion by 2032.
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Based on material, the ink segment accounts for a significant market share and is anticipated to witness a considerable growth in the forecast period. These inks, often known as functional inks, are electrically active materials with conducting, semiconducting, electrophoretic, and other properties.
The growth of the segment has been driven by the rising popularity of conductive inks, which allow the users to draw working circuits on various materials like paper or textiles. Conductive inks find applications in various industries such as photovoltaics, power electronics, EMI shielding, 3D antennas and conformal printing, flexible hybrid electronics (FHE), and 3D printed electronics, among others. This is expected to aid the growth of the segment and contribute to the overall market expansion.
The printed electronics industry in the Asia Pacific is driven by the growing penetration of the internet of things (IoT) in the region, as it has augmented the demand for printed electronics to create various electronic products. The shift towards digital solutions in countries like India and China is expected to further aid the market growth. In addition, the market in the region is expected to be augmented by the attractive features and ease of production offered by printed electronics technologies.
Printed electronics is defined as a set of printing methods utilised to produce various electronic devices by printing on different substrates. Printed electronics can also be defined as the process wherein printing technology is used to create a variety of electronic goods such as electronic circuits, sensors, and RFID, among others.
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Based on material, the market is segmented into:
The various technologies in the market are:
By device, the market is segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market is being driven by the growing application of printed electronics to produce various devices such as displays, photovoltaic, lighting, and RFID, among others. The rising demand for photovoltaics in solar farms and the military and defence sector is likely to propel the growth of the printed electronics industry in the forecast period. Meanwhile, the demand for printed electronics is expected to be further bolstered by the rising demand for display devices for various end uses such as advertising. With the increase in demand for more flexible, compact, and power-efficient electronic products, the demand for printed electronics is also expected to grow. Apart from this, the rapid advancements in printing technologies and material science are expected to significantly contribute to the growth of the industry in the forecast period.
The report gives a detailed analysis of the following key players in the global printed electronics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Material |
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| Breakup by Technology |
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| Breakup by Device |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global printed electronics market attained a volume of nearly USD 12.63 billion.
The market is estimated to grow at a CAGR of 19.5% between 2024 and 2032.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major market drivers include the growing application of printed electronics for the production of various devices such as displays, photovoltaic, lighting, and RFID, the rising popularity of conductive inks, and the surging adoption of the Internet of things (IoT).
The key trends aiding the market growth include technological advancements and innovations, the rising demand for photovoltaics in solar farms and the military and defence sector, and the increasing use display devices for various end use sectors.
Ink and substrate are the major materials in the market.
The different technologies considered in the printed electronics market report are Inkjet, screen, gravure, and flexographic.
The various devices included in the market report are displays, photovoltaic, lighting, and RFID, among others.
The major players in the market are Molex, LLC, BASF SE, NovaCentrix, Nissha Co., Ltd., and E Ink Holdings, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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