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Showing posts with the label Printed Electronics Market Trends

Printed Electronics Market Business Analysis, Growth and Forecast Report

The increasing penetration of flexible electronic devices in the automotive, healthcare, and power and energy industries will amplify the usage of printed electronics in the coming years. Integrated circuits (ICs) are deployed in flexible devices on a flexible substrate, including metal or plastic, which can be wrapped, rolled, folded, or twisted, without affecting the function. Owing to the surging adoption of such electronic products, printed electronics suppliers are collaborating with technology providers to provide improved products to the end-use industries. Moreover, the rising shift from conventional printing to digital printing will fuel the printed electronics market at a CAGR of 22.4% during 2020–2030. The market revenue is expected to surge from $35.7 billion in 2019 to $363.1 billion by 2030. In recent years, digital printing has been gaining momentum due to soaring environmental concerns. Unlike conventional printing, digital printing does not involve the usage of volatil...