Printed Electronics Market to Grow at CAGR of 8.26 %, 2017-2021
September 27, 2017 | SATPRNEWSEstimated reading time: 1 minute
Printed Electronics market report provides actionable intelligence on major factors influencing the market (drivers, opportunities, industry specific challenges, and other critical issues) along with the Printed Electronics market size of various segments. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. On the grounds of comprehensive, reliable data derived from extensive research of multiple sources (both primary and secondary) and in-depth market analysis with inputs from industry experts, Printed Electronics market projected to grow at a CAGR of 8.26% during the period 2017-2021.
Printed Electronics Market Drivers, Challenges and Trends:
Market Driver: One of the major drivers for this market is rising demand for oled for flexible electronics. the printed electronic technology is introduced as a competitor to the crystalline semiconductor technology in several applications such as logic circuits, photovoltaic cells, and leds. ink-based systems are used to fabricate oleds in the lighting industry. oled is a flat emitting technology that is made by placing a series of organic thin films between the two conductors.
Market Challenge: One of the major factors hindering the growth of this market is complexity in manufacturing process. printed electronics technique allows the electronic and the photonic devices to be fabricated using printing-based techniques like screen printing or inkjet with conducting or semiconducting inks. printed electronics can print resistors, condensers, transistors, interconnects, and electronic circuits.
Market trend: The latest trend gaining momentum in the market is adoption of printed electronics in photovoltaics segment. Photovoltaic mainly converts solar energy into electricity. The sunlight is converted into the electricity, which then further uses the semiconductors that exhibit photovoltaic effect in the printed electronics. A photon of light excites an electron into a higher state of energy, allowing it to charge as a carrier for an electric circuit. In the photovoltaic system, the solar panels are used that consists several solar cells. The conversion of sunlight into the electricity occurs without any environmental emission; the power that is generated from the photovoltaics is considered as the clean energy.
Suggested Items
New Yorker, Major League Electronics Sign New Franchised Distribution Agreement
05/06/2024 | New Yorker Electronics Co.New Yorker Electronics, global distributor of electronic components, recently announced a new franchised distribution agreement with Major League Electronics, renowned manufacturer of interconnect products.
AT&S Brings High-Tech to the Museumsquartier
05/06/2024 | AT&SAT&S, as a “MQ goes Green” partner, has prepared special highlights for the occasion: Visitors aged eight and above can embark on an interactive journey through the fascinating world of microelectronics.
May Issue of SMT007 Magazine: Coming to Terms With AI
05/06/2024 | I-Connect007 Editorial TeamIn the May 2024 issue of SMT007 Magazine, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
05/03/2024 | Nolan Johnson, I-Connect007This week’s most important news is strategic—and telling. When one puts together the IPC industry reports, we simply have to include the recent conversation with Shawn DuBravac and Tom Kastner. On the design side, check out the latest “On The Line With…” podcast featuring Brad Griffin from Cadence Design Systems, discussing SI and PI in the realm of intelligent system design.
IMI Welcomes New CEO
05/03/2024 | IMIIntegrated Micro-Electronics, Inc. (IMI),The IMI Board of Directors announced, in a disclosure dated April 25, 2024, the appointment of Louis Sylvester Hughes, Chief Executive Officer (CEO).