(PRWEB) June 05, 2014
According to the new market research report “Printed Electronics Market by Material (Substrates & Inks), Technology (Screen, Gravure, Inkjet & Flexography), Application (Displays, Sensors, OLEDs & PVs), and Geography- Analysis and Forecast to 2013 - 2020” the printed electronics market is estimated to grow at a CAGR of 33.8% from 2014 to 2020and it is estimated to reach $40.2 billion by 2020.
Browse 80 market data tables and 63 figures spread through 269 Pages and in-depth TOC on "Printed Electronics Market"
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The Printed electronics market has gained remarkable increase in the demand of market at present. As the name itself suggests, printed electronics is the fusion of two major industries electronics and printing. The major focus of printed electronics is to provide less costly and more efficient production of printed circuits and devices. Huge research has been carried out on varied materials and equipment in many large and small companies and universities. The printed displays found as one of the major applications, which offer new design and functionality opportunities to device manufacturers, which in turn opens opportunity for new applications which is not envisioned yet. Rising energy costs, coupled with climate change are driving the increase of renewable energy sources such as solar photovoltaic (PV) technologies. Thin-film photovoltaic cells are also found in one of the major applications of printed electronics.
The Printed Electronics market is holding a firm base in many industries vertical at present. Printed electronics are relatively the new technology used to manufacturing of electronic components. A combination of electronics and printing technologies was commercialized in the year 2003, through the mass production of printed transistors. In the year 2005, mass printing technology was used to manufacture integrated circuitry. From 2020, onwards multiple printed components will be manufactured on a single flexible substrate. Printed electronics offer an opportunity for the manufacturing of low cost disposable functional components. Its technology eliminates the conventional subtractive wet processes used in the manufacturing of printed circuit boards.
Printed sensors are drawing attention in the printed electronics field. The low cost, and thin, flexible sensors that are used to monitor a wide variety of situations offer- plenty of opportunities. Recently in 2013, ISORG (France) in collaboration with Plastic Logic (U.K.) demonstrated full organic image sensors focusing on the deposition of organic printed photo detectors onto an organic thin film backplane, in order to make a sensor with a 94x95 pixel resolution. In future, the organic electronics can substitute silicon technology, which will be an added advantage over lower cost and can lead to the development of new products. The printed sensors are used in applications like environmental monitoring, robotics, biomedical, smart packaging, and so on.
This report describes the market trends, drivers, and restrains with respect to the global market and include revenue forecasts from 2014 to 2020, based on applications and geography. This global report gives a detailed view of the market across geographies that is; Americas (North America and South America), Europe (The U.K., Germany, and France), the Asia-Pacific (China, Australia, Japan, Malaysia, and Singapore), and ROW. Traditionally, Asia-Pacific and Americas are the biggest shareholders in the market for printing equipment and materials for printed electronics. North America is strong in material and process development. Many start-ups companies have come up in different regions, owing to the potential of the printed electronics market.
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