The global printed electronics devices market size is estimated to be valued at USD 9,552.0 Million in 2022 and is projected to surpass USD 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) | USD 9,552.0 Million |
| Printed Electronics Devices Market Size (2032) | USD 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.
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.
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 USD 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 |
Technology, Region |
| Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; The Asia Pacific excluding Japan; Japan; The Middle East and Africa |
| Key Countries Profiled | United States of America, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, GCC Countries, South Africa |
| 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 |
Table 1: Global Market Value (US$ Billion) Forecast by Region, 2017 to 2032
Table 2: Global Market Volume (Units) Forecast by Region, 2017 to 2032
Table 3: Global Market Value (US$ Billion) Forecast by Technology, 2017 to 2032
Table 4: Global Market Volume (Units) Forecast by Technology, 2017 to 2032
Table 5: North America Market Value (US$ Billion) Forecast by Country, 2017 to 2032
Table 6: North America Market Volume (Units) Forecast by Country, 2017 to 2032
Table 7: North America Market Value (US$ Billion) Forecast by Technology, 2017 to 2032
Table 8: North America Market Volume (Units) Forecast by Technology, 2017 to 2032
Table 9: Latin America Market Value (US$ Billion) Forecast by Country, 2017 to 2032
Table 10: Latin America Market Volume (Units) Forecast by Country, 2017 to 2032
Table 11: Latin America Market Value (US$ Billion) Forecast by Technology, 2017 to 2032
Table 12: Latin America Market Volume (Units) Forecast by Technology, 2017 to 2032
Table 13: Europe Market Value (US$ Billion) Forecast by Country, 2017 to 2032
Table 14: Europe Market Volume (Units) Forecast by Country, 2017 to 2032
Table 15: Europe Market Value (US$ Billion) Forecast by Technology, 2017 to 2032
Table 16: Europe Market Volume (Units) Forecast by Technology, 2017 to 2032
Table 17: Asia Pacific Market Value (US$ Billion) Forecast by Country, 2017 to 2032
Table 18: Asia Pacific Market Volume (Units) Forecast by Country, 2017 to 2032
Table 19: Asia Pacific Market Value (US$ Billion) Forecast by Technology, 2017 to 2032
Table 20: Asia Pacific Market Volume (Units) Forecast by Technology, 2017 to 2032
Table 21: Middle East and Africa Market Value (US$ Billion) Forecast by Country, 2017 to 2032
Table 22: Middle East and Africa Market Volume (Units) Forecast by Country, 2017 to 2032
Table 23: Middle East and Africa Market Value (US$ Billion) Forecast by Technology, 2017 to 2032
Table 24: Middle East and Africa Market Volume (Units) Forecast by Technology, 2017 to 2032
Figure 1: Global Market Value (US$ Billion) by Technology, 2022 to 2032
Figure 2: Global Market Value (US$ Billion) by Region, 2022 to 2032
Figure 3: Global Market Value (US$ Billion) Analysis by Region, 2017 to 2032
Figure 4: Global Market Volume (Units) Analysis by Region, 2017 to 2032
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 7: Global Market Value (US$ Billion) Analysis by Technology, 2017 to 2032
Figure 8: Global Market Volume (Units) Analysis by Technology, 2017 to 2032
Figure 9: Global Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032
Figure 10: Global Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032
Figure 11: Global Market Attractiveness by Technology, 2022 to 2032
Figure 12: Global Market Attractiveness by Region, 2022 to 2032
Figure 13: North America Market Value (US$ Billion) by Technology, 2022 to 2032
Figure 14: North America Market Value (US$ Billion) by Country, 2022 to 2032
Figure 15: North America Market Value (US$ Billion) Analysis by Country, 2017 to 2032
Figure 16: North America Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 17: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 18: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 19: North America Market Value (US$ Billion) Analysis by Technology, 2017 to 2032
Figure 20: North America Market Volume (Units) Analysis by Technology, 2017 to 2032
Figure 21: North America Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032
Figure 22: North America Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032
Figure 23: North America Market Attractiveness by Technology, 2022 to 2032
Figure 24: North America Market Attractiveness by Country, 2022 to 2032
Figure 25: Latin America Market Value (US$ Billion) by Technology, 2022 to 2032
Figure 26: Latin America Market Value (US$ Billion) by Country, 2022 to 2032
Figure 27: Latin America Market Value (US$ Billion) Analysis by Country, 2017 to 2032
Figure 28: Latin America Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 29: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 30: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 31: Latin America Market Value (US$ Billion) Analysis by Technology, 2017 to 2032
Figure 32: Latin America Market Volume (Units) Analysis by Technology, 2017 to 2032
Figure 33: Latin America Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032
Figure 34: Latin America Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032
Figure 35: Latin America Market Attractiveness by Technology, 2022 to 2032
Figure 36: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 37: Europe Market Value (US$ Billion) by Technology, 2022 to 2032
Figure 38: Europe Market Value (US$ Billion) by Country, 2022 to 2032
Figure 39: Europe Market Value (US$ Billion) Analysis by Country, 2017 to 2032
Figure 40: Europe Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 41: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 42: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 43: Europe Market Value (US$ Billion) Analysis by Technology, 2017 to 2032
Figure 44: Europe Market Volume (Units) Analysis by Technology, 2017 to 2032
Figure 45: Europe Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032
Figure 46: Europe Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032
Figure 47: Europe Market Attractiveness by Technology, 2022 to 2032
Figure 48: Europe Market Attractiveness by Country, 2022 to 2032
Figure 49: Asia Pacific Market Value (US$ Billion) by Technology, 2022 to 2032
Figure 50: Asia Pacific Market Value (US$ Billion) by Country, 2022 to 2032
Figure 51: Asia Pacific Market Value (US$ Billion) Analysis by Country, 2017 to 2032
Figure 52: Asia Pacific Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 53: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 54: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 55: Asia Pacific Market Value (US$ Billion) Analysis by Technology, 2017 to 2032
Figure 56: Asia Pacific Market Volume (Units) Analysis by Technology, 2017 to 2032
Figure 57: Asia Pacific Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032
Figure 58: Asia Pacific Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032
Figure 59: Asia Pacific Market Attractiveness by Technology, 2022 to 2032
Figure 60: Asia Pacific Market Attractiveness by Country, 2022 to 2032
Figure 61: Middle East and Africa Market Value (US$ Billion) by Technology, 2022 to 2032
Figure 62: Middle East and Africa Market Value (US$ Billion) by Country, 2022 to 2032
Figure 63: Middle East and Africa Market Value (US$ Billion) Analysis by Country, 2017 to 2032
Figure 64: Middle East and Africa Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 65: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 66: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 67: Middle East and Africa Market Value (US$ Billion) Analysis by Technology, 2017 to 2032
Figure 68: Middle East and Africa Market Volume (Units) Analysis by Technology, 2017 to 2032
Figure 69: Middle East and Africa Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032
Figure 70: Middle East and Africa Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032
Figure 71: Middle East and Africa Market Attractiveness by Technology, 2022 to 2032
Figure 72: Middle East and Africa Market Attractiveness by Country, 2022 to 2032
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 USD 40,877.0 Million.
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Printed Electronics Devices Market
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