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Growing Demand for Flexible Electronics Fueling Popularity of Printed Electronics

The surging requirement for flexible electronics is fueling the demand for printed electronics. In these product, integrated circuits (ICs) are adopted on a flexible substrate such as metal or plastic, which can be easily folded, twisted, wrapped, or rolled without affecting the function. Due to the burgeoning requirement for these products, printed electronics developers are increasingly getting into collaborations with technology providers.

For instance, E Ink Holdings Inc. announced a collaboration with Plastic Logic HK in June 2019. This collaboration was announced so that E Ink Holdings Inc. can adopt the organic field-effect transistor (OTFT) technology to manufacture flexible electronics paper displays for wearables. Flexible electronic devices have also penetrated the power & energy, automotive, and healthcare industries in the recent years.



For example, flexible ICs assembled on plastic substrates are increasingly being deployed in solar cell arrays and organic light-emitting diode (OLED) electronics. OLEDs are basically carbon-based organic materials that are extensively used to create white-light panels. The market research company, P&S Intelligence predicts that the value of the market will rise from $35.7 billion in 2019 to $363.1 billion by 2030.

Besides the aforementioned factors, the soaring adoption of printed electronics in several internet of things (IoT) applications and the mushrooming production of OLEDs via the inkjet printing technology are also driving the demand for printed electronics across the world. This is, in turn, propelling the growth of the global printed electronics market.

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