Published Date : Apr 10, 2017
ALBANY, New York, April 10, 2017:MarketResearchReports.biz has announced the addition of a report, titled “Global Printed Electronics Market 2017-2021” to its offering. The research reports on the global printed electronics market provides an in-depth insight into key market dynamics, current and emerging trends, strategic dynamics, and major offerings of players. The report provides current and estimated market share and size of key end-use segments and evaluates the major factors expected to boost the manufacturing of printed electronic boards.
The study offers estimated revenue share of major geographical areas such as the Americas, Asia Pacific, and Europe, the Middle East and Africa (EMEA) along the forecast period. The research report takes a closer look at the recent technological advances in semiconductor and electronics that will impact the key offerings of several vendors. In addition, key strategies adopted by them to consolidate their shares are analyzed in detail in the report. According to the report, the global printed electronics market is forecast to expand at a CAGR of 8.26% during 2017–2021.
The global market for printed electronics is primarily fuelled by the rapidly rising demand for organic light-emitting diode (OLED) in the area of flexible electronics. The low manufacturing cost and sustainability have led to the mass production of OLEDs, which are increasingly used to make a wide range of display panels such as transparent and curves panels. The significant flexibility of OLED allows several manufacturers to devise transparent panels that can provide a large color range and a higher contrast ratio. Other benefits that have led to the soaring popularity of OLED are expansive viewing angles and lower power consumption. These factors have translated to a substantial demand for printed electronics technology for manufacturing OLEDs, boosting the market.
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An upsurge in the use of various mobile devices such as digital cameras and smartphones has led to a steady demand for OLED to meet a range of advanced display specifications. This has bolstered the demand for printed electronics in OLED manufacturing and is anticipated to be a key driver of the market in the coming years.
With constant technology advances in manufacturing, inkjet technology is increasingly being used to make printed electronic materials. This will unlock exciting opportunities for several market players in emerging and developed nations of major regions. Furthermore, the adoption of cutting-edge manufacturing technology such as 3D printing is expected to transform the manufacturing landscape of the printed electronics market.
Asia Pacific is fast emerging as a major market for printed electronics and is poised to grow at a healthy CAGR over the next four years. The regional market is fuelled by the presence of several electronics manufacturing companies in countries such as China, India, Japan, and South Korea.
The global printed electronics market is highly competitive with various small and medium-scale players offering differentiated products to gain a better stronghold in the market. Prominent companies operating in this market include T-ink, E Ink, NovaCentrix, GSI Technologies, LLC, and Thin Film Electronics ASA.
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