Printed Sensors Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


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Global Printed Sensor Market: Snapshot 

There is a new breed of sensor that is currently trending in the market. These sensors are directly printed over a flexible plastic substrate. Though they are not a novelty, their cost-efficiency, swift production, and high profit margin are driving demand in the market. 

Usually manufacturing sensors is quite expensive. It involves multiple layers of materials that are to be encapsulated in a small space with multiple interconnects. It is here that printed sensors come in handy as every component of the sensor can be printed with the same substrate making production simple and cost efficient. The techniques for building these devices are selected on the basis of properties, resolutions, and conductivity of the substrates. 

What are the Major Drivers of Global Printed Sensors Market? 

  • Driven by the rising demand by medical industry, the global printed sensors market experiences a substantial growth recently. As a result of their portability, these sensors are being adopted extensively in medical wearables these days which is the reason for growth in the printed sensors market. 
  • Moreover, reduced cost and compatibility with consumer electronics are other prominent factors that are driving the growth of global printed sensors market. 
  • Being eco-friendly, these sensors are have great demand in various industries such as manufacturing, packaging, and food and beverages. The application of the sensors in these industries also drives the growth of global printed sensors market.

Printed sensors, as a market has gained power in recent times due to its applications in various sectors such as healthcare, automobiles, aviation, customer electronics and environmental monitoring, facilitating the availability of printed sensors in various verticals. Printed sensors have their major applications in the healthcare sector, for instance, disposable blood glucose sensors are widely used for diabetics monitoring.

Printed sensors are eco-friendly in nature and has an ability to fit on to various small shaped electronic devices. Printed sensors eliminates the use of silicon and metal oxides, instead, with the help of innovative printing technologies, printed sensors are manufactured over various flexible substrates such as paper, plastics or foils.

Printed Sensors Market: Drivers and Restraints

Introduction of printed sensors in wearable medical devices has governed portability to the product and henceforth, has resulted into an increased adoption of wearable printed sensors in medical sector. The primary driver for the printed sensors market isthe decline of prices, as its compatibility with diversified application areas such as packaging and consumer electronics etc. to leverage printed sensor technology at lower costs. Moreover, the increasing demand of printed electronic devices corresponds to the growth of the printed sensors market, as well.

Printed sensors, being eco-friendly, ensures safety and causes no harm to the health of an individual, result into the growth of printed sensors market.

The complex manufacturing process of printed sensors acts as a major restraint for the small and medium sized companies with limited research and development capabilities. In addition to this, one of the challenge for printed sensors market is of it being still in the development stage.

Printed Sensors Market: Market Segmentation

Global Printed Sensors Market can be divided into the following segments - based on printing technology and product types

Segmentation on basis of Printing Technology for Printed Sensors Market:

The major segments of printed sensors market on basis of printing techniques include:

  • Ink-jet printing
  • Screen printing

Segmentation on basis of Product Type forPrinted Sensors Market:

The major segments of printed sensors market on basis of product type include:

  • Biosensers: These sensors are the most widely adopted printed sensors in the market and has its applications in healthcare
  • Temperature sensors: Temperature printed sensors provides information regarding the temperature of the products
  • Humidity sensors: Information regarding the humidity and gaseous contents is given by humidity printed sensors. These sensors have their applications in food and beverages industry
  • Image sensors: Image sensing is governed by image printed sensors

Global Printed Sensors Market Technology Trends

Integrating printed sensors technology with IoT technology and the introduction of wearable printed sensors are some of the recent trend in the printed sensors market, resulting in its increased adoption and applications in various sectors.

Global Printed Sensors Market Technology Regional Overview

Europe dominates the global printed sensors market due to the support provided by its government for the manufacturing of printed sensors. APAC follows Europe and expects growth in the forecast period with the advancements in technology, in the global printed sensors market.

Global Printed Sensors Key Players

Some of the major printed sensors global players include Interlink Electronics, Inc., Thinfilm, KWJ Engineering, Peratech Holdco Limited, ISORG, Integrated Device Technology, Inc., Tekscan, Inc., FUJIFILM Holdings America Corporation, GSI Technologies, LLC, PST sensors

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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