Several of the major reasons influencing the market including the rise of conductive inks and printed electronics in photovoltaic cells, which use solar radiation are to produce electricity. In contrast to traditional rigid electronic production line, printed electronics improve substrates electronic capabilities. Integrated large scale printable electronics primarily deliver compact and thin electronics employing high-volume production technique in a cost effective manner, in contrast to traditional electronics which is used in packaging and print. One of the main technique used by major players competing in electronics market to enhance their presence globally is new product development through research. Over the projected period, it is predicted that a growing number of printed batteries, sensor and other portable devices would drive the global market for printed electronics.
The global Printed Electronics Market was valued at US$ 4,771.9 Mn in 2021 and is expected to reach US$ 55,566.5 Mn by 2030, growing at a CAGR of 22.1% between 2022 and 2030.
Leading companies in the Printed electronics Industry:
1. Thin Film Electronics ASA
Thin film is a global leader in NFC mobile marketing and smart-packaging solutions using printed electronics technology. Global headquarters in Oslo, Norway
2. T+ink, Inc.
Founded in 2002 T+ink, Inc. provides seamless and disruptive solutions to products and designs making objects smart, interactive and secure.