Printed Electronics Market 10-Year Market Forecast and Trends Analysis Research Report
February 20, 2017 | SAT Press ReleasesEstimated reading time: 1 minute
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.
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