[FURL=https://www.industryarc.com/Research/Printed-Electronics-Market-Research-509479?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Printed Electronics Market[/FURL] Size is forecast to reach $23.3 billion by 2026, at a CAGR of 17.3% during 2021-2026. Increased use of printed electronics for the development of smart and connected devices, rise in the global demand for energy-efficient, thin, and flexible consumer electronics, high demand for new generation flexible printed electronics, and significant cost advantages are offered by printed electronics.Key Takeaways
Printed Electronics market in Asia-Pacific region held significant market share of 35.2% in 2020, Factors such as the acceptance of innovative technologies and the increased popularity of advanced consumer electronics are primary reasons for driving the growth of the printed electronics market in this region.
The lighting segment of the market is anticipated to register the highest CAGR of 23.5% during the forecast period owing to increase in the use of printed electronics-based lighting solutions in automobiles and home appliances
Automotive & Transportation sector in Printed Electronics market is expected to witness a highest CAGR of 23.9% the forecast period, as these printed electronics based devices and components such as sensors and displays can be integrated with these vehicles.
Printed Electronics companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers.
Download Sample Report @ [FURL]https://www.industryarc.com/pdfdownload.php?id=509479[/FURL]
Printed Electronics Market Segment Analysis - By Geography
Printed Electronics market in Asia-Pacific region held significant market share of 35.2% in 2020, Factors such as the acceptance of innovative technologies and the increased popularity of advanced consumer electronics are primary reasons for driving the growth of the printed electronics market in this region. China, Japan, South Korea, and Australia are major contributors to the growth of the printed electronics market in APAC. APAC being a manufacturing hub for electronic devices and components is a factor driving growth in the region.
Printed Electronics Market Drivers
Shift to electric vehicles to drive printed electronics automotive market
Increased use of printed electronics for development of smart and connected devices
Printed Electronics Market Landscape
Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Printed Electronics market. Printed Electronics top 10 companies include BASF SE, E Ink Holdings Inc., E.I. du Pont de Nemours and Company, Enfucell Oy, GSI Technologies LLC, Molex Inc., NovaCentrix, Samsung Electronics, LG, Dupont among others.
About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.