TMCnet News
The printed electronics market is estimated to reach USD 13.6 billion by 2023 from USD 6.8 billion in 2018, at a CAGR of 14.92% during 2018-2023NEW YORK, Nov. 29, 2018 /PRNewswire/ -- Printed electronics market to grow at CAGR of 14.92% from 2018 to 2023 The printed electronics market is estimated to reach USD 13.6 billion by 2023 from USD 6.8 billion in 2018, at a CAGR of 14.92% during 2018–2023. Printed electronics is gaining high traction worldwide owing to the rise in the application of printed electronics in the Internet of Things (IoT). The high demand for thin, robust, and flexible substrates for producing secure and cost-effective and significant cost advantages provided by printed electronics are the other major factors driving the market growth. However, the dearth of technical know-how and highly skilled system integrators restricts the growth of the said market to a certain extent. Printed electronics is a high-reliable and cost-effective solution to meet these requirements in the aerospace & defense industry. APAC to register highest growth rate during forecast period The market in APAC is expected to grow at the highest CAGR during the forecast period.APAC is a hub for a large number of manufacturers of electronic devices and components. The growth can be attributed to the huge production of electronic components and increased investments in R&D in the region. Moreover, factors such as technological improvements, increased awareness regarding the benefits of printed electronics, and its ability to lower the production cost are contributing toward the growth of the printed electronics market in the region. Breakdown of primary participants' profile: • By Company Type: Tier 1 = 55%, Tier 2 = 30%, and Tier 3 = 15% • By Designation: C-Level Executives = 50%, Directors = 20%, and Others = 30% • By Region: Americas = 40%, Europe = 35%, APAC = 15%, and RoW = 10% Key players in the printed electronics market include Samsung (South Korea), LG (South Korea), DuPont (US), BASF (Germany), Agfa-Gevaert (Belgium), Air Products and Chemicals (US), Nissha USA (US), NovaCentrix (US), Molex (US), E Ink Holdings (US), Ynvisible Interactive (Portugal), and Palo Alto Research Center (PARC) (US). The study includes an in-depth competitive analysis of these key players in the printed electronics market, with their company profiles, recent developments, and key market strategies. Research Coverage: The study covers the printed electronics market across segments.It aims at estimating the market size and the growth potential of this market across different segments, such as by material, technology, application, end-user industry, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. Key Benefits of Buying the Report: The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall printed electronics market and the subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. Read the full report: https://www.reportlinker.com/p04815068 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
SOURCE Reportlinker 
|
View original content: