Driving Innovation: Mechanical and Optical Processes During Rigid-flex Production
It’s Only Common Sense: Your Biggest Competitor Is Complacency
The Chemical Connection: Onshoring PCB Production—Daunting but Certainly Possible
Printed Electronics Market to Reach $65B by the end of 2024
September 14, 2018 | PRNewswireEstimated reading time: 2 minutes
According to a report by Transparency Market Research (TMR), the global printed electronics market observes that the market registered revenue of $25.4 billion in 2015 and is expected to expand with a CAGR of 11.0% over the forecast period from 2016 and 2024 to attain the valuation of $65 billion by the end of 2024. Based on the application, retail and packaging segment accounted for the dominant share in 2015 followed by automotive and electronics segment. Based on the region, Asia Pacific is expected to dominate the global market in terms of revenue followed by North America. This growth is attributable to the rising demand for economical and advanced printing technology.
The global printed electronics market has a highly fragmented landscape, observes Transparency Market Research (TMR). Some of the key players operating in the printed electronics market are Samsung Electronics Co. Ltd., Intrinsiq Materials, Xerox Corporation, Thin Film Electronics ASA, and Optomec Inc. These companies are increasingly adopting the strategies of merger and acquisitions for product improving portfolio and business expansion to improve their geographical presence. Also, these players are increasingly investing in the research and development (R&D) activities for the development of advanced technologies.
Growing Demand for Smart Packaging to Emerge as Key Growth Driver
The printed electronics market is expected to gain traction by the commercialization of printed devices and high adoption from the numerous end-use industries such as healthcare, consumer electronics, automotive, and media. Rising adoption of smart displays and touch devices is propelling adoption of the printed electronics and which is likely to bolster the growth of the market. The medical sensors and diagnostic devices are the key applications which are demanding for the printing electronics techniques and uptake of the printed batteries.
Additionally, the demand for the printed wearable electronic materials for communication and health monitoring. Lightweight, ultra-thin, bendable, shatter-proof energy efficient and portability are some of the major attributes of the flexible displays. Growing usage of printed electronics in memory storage devices and mobile chips, printed circuit boards and in different sensors is driving growth of the market.
Conductivity of Many Substrates to Limit Adoption
The growing investment in research and development (R&D) activities by numerous players for development of novel, economical, and environmentally friendly printing techniques. This increased investment is supporting new product launches. The adoption of these techniques is expected to bolster the growth of the printed electronics market.
Despite these growth prospects, the complexities related to a conductivity of numerous substrates is hampering the growth of the printing electronics market. Nonetheless, applications in energy storage devices and photovoltaic cells are projected to create lucrative growth opportunities for key players in the next coming years.
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
Henger Microelectronics Expands Global Footprint with Major Equipment Shipment to Southeast Asia
10/31/2025 |Henger Microelectronics has reached a major milestone in its global expansion strategy with the successful shipment of advanced plasma etching and cleaning systems, along with automation equipment, to multiple countries and regions across Southeast Asia. This achievement marks a significant step forward in the company’s international growth and reinforces its position as a leading force in the global plasma equipment industry.
TTCI Brings Hands-On Test Engineering and IPC Training Expertise to PCB Carolina 2025
10/31/2025 | The Test Connection Inc.The Test Connection Inc. (TTCI), a trusted provider of electronic test and manufacturing solutions, and The Training Connection LLC (TTC-LLC) will exhibit at PCB Carolina on Wednesday, November 12, 2025, at the McKimmon Center at NC State University in Raleigh, North Carolina. Attendees can visit Table 4 to say hello to Bert Horner and Bill Graver, and learn more about their test engineering services and technical training programs.
Cephia Secures $4M Seed Funding to Revolutionize Multimodal Sensing with Metasurface Technology
10/31/2025 | PRNewswireCephia, a startup building products using advanced AI computational imaging technologies and silicon sensors made from advanced metamaterials, formally launched with several pilot customers and $4 million in seed venture capital funding.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
10/31/2025 | Nolan Johnson, I-Connect007Last week, the IMPACT conference took place in Taipei, bringing together advanced packaging experts from around the globe to share their knowledge. We’ll be bringing you post-conference coverage over the next few weeks, so look for that in our newsletters, and in the Advanced Electronic Packaging Digest. Other news seemed to have the U.S. at the center of the global discussions. My picks start in Phoenix, where TSMC, NVIDIA, and Amkor are all scrambling to establish new capabilities. There’s nothing like a strong demand signal to cause build-out, and AI chips are doing exactly that.
NEDME 2025 Draws Strong Northwest Crowd, Builds on Tradition of Regional Collaboration
10/31/2025 | NEDMEThe NW Electronics Design & Manufacturing Expo (NEDME) 2025 once again brought together the Pacific Northwest community for a full day of learning, networking, and industry connections.