- Screen Printing
- Inkjet Printing
- Flexible Display
- Flexible Battery
- Flexible Sensors
- Flexible memory
Printed And Flexible Electronics Market size was valued at USD 7,406.4 million in 2022 and is expected to grow at a CAGR of 6.7% from 2023-2029. Printed electronics are referred to as a process in which printing technology is used to produce electric circuits, electric goods, displays, and sensors. Flexible electronics is a technology of assembling electronic circuits by mounting electric circuits in a flexible plastic substrate, combining both printed and flexible technology the innovation in new technology formed known as printed and flexible electronics. Increase in nanotechnology applications, stretchable and flexible materials are in demand, and the rising penetration of LED and OLED screens drives the market, the flexible feature facilitates the usage of many flexible substrates like flex glasses, plastic, and paper. The growing demand for various wearable and nanotechnology electronics such as screens, displays, and lightening creates new opportunities in the electronic market, key players are investing in the innovation of the printed & flexible electronics market. 3D printing is advancing, and the rise in the application has been seen in healthcare and mobile phones such as flexible screens. 3D printing is used in generating biomedical devices is the major market trend. Geographically, North America held the major market share in 2022 and is expected to dominate the Printed & Flexible Electronics Market in the forecasted years.
Recent Market Developments:
In January 2022, LG launches a new “Create Board” series of interactive displays for the education market, helping improve modern education through new technologies that support flexible learning environments, enhance educator capabilities, enable more engaging lessons for students, and provide maximum utility through open-source compatibility with leading software platforms.
In June 2021 - Samsung announced the development of an organic light-emitting diode (OLED) display that is skin-attachable and stretches in response to bodily movement. This elastic technology is expected to play a significant role in wearable health devices
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The increasing innovation in flexible electronics across the world is the major market driver in the Printed & Flexible Electronics Market during the forecast period. the manufacturing cost of printed & flexible electronics is less than the traditional electronics market, and the rising penetration of innovation in flexible screens such as LED and OLED screens. Furthermore, the use of thin layers of flexible material results in the development of flexible devices opening the possibility of various manufacturing printed electronic devices, the cost of manufacturing flexible electronics is ten times less than silicon-based electronic devices, this is the major factor that drives the market.
The Printed & flexible electronics market size was valued at USD 7406.4 million in 2022 and it is expected to reach USD 9402.3 million growing at an 6.7% CAGR from 2023 to 2029.
Printed electronics are refer to as process in which printing technology is used to produce electric circuits, electric goods, display and sensors. Flexible electronics is a technology assembling electronic circuits by mounting electric circuits in flexible plastic substrate, combining both printed and flexible technology the innovation in new technology formed known as printed & flexible electronics.
The leading players in the Printed & Flexible Electronics Market are; Samsung Electronics, Solar Frontier, Palo Alto Research and development company, LG Corporation, Cymbet Corporation, Blue Spark Technologies, Enfucell Flexible Electronics Co. Ltd., Imprint Energy, E Ink Holdings, AU Optronics, Agfa-Gevaert Group, DuPont de Nemours, Inc, Molex, LLC, Nova Centrix
Historic years considered for the market study are 2017 through 2021, 2021 is considered as the base year for market estimation and Seven years forecast presented from 2022 – 2028.