Wednesday 10 November 2021

What are the drivers and opportunities for the printed electronics market?

 

Factors such as growth of the consumer electronics industry and increased adoption of IoT by end-use industries are among the driving factors of the printed electronics market. Moreover, promising newer applications of printed electronics in healthcare and the increased focus on smart packaging to create lucrative opportunities in the printed electronics market.

Who are the major consumers of printed electronics that are expected to drive the growth of the market in the next 5 years?

The major consumers for printed electronics are automotive & transportation, consumer electronics, and healthcare industries are expected to have a significant share in this market. .

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What are the opportunities for new market entrants?

There are significant opportunities in the printed electronics market for start-up companies. These companies can provide printed electronics solutions to healthcare and packaging industry. Also, they can develop printed electronic solutions that can be used to reduce electromagnetic interference associated with 5G technology

Which is the potential market for printed electronics in terms of the region?

The APAC region is expected to dominate the printed electronics market due to the presence of numerous consumers and raw material as well as printed electronics manufacturing companies.

Which are the major companies in the printed electronics market? What are their major strategies to strengthen their market presence?

The major companies in the Printed Electronics market are – Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Molex, LLC (US), Agfa-Gevaert Group (Belgium), and Palo Alto Research Center Incorporated (PARC) (US). The major strategies adopted by these players are product launches, expansions, partnerships, collaborations, agreements, and acquisitions.

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