Printed Electronics Market size to grow by USD 47.58 billion from 2022 to 2027| The growing demand for flexible displays is to drive the market growth - Technavio
NEW YORK, Nov. 19, 2023 /PRNewswire/ -- The printed electronics market size is set to grow by USD 47,.58 billion during 2022-2027, progressing at a CAGR of 15% during the forecast period, according to Technavio Research. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The growing demand for flexible displays will notably driving the printed electronics market growth during the forecast period. OLED displays have superior display characteristics and superior viewing angles compared to currently available alternative technologies. Besides, LCD and EPD-based flexible displays are gaining popularity in the market. Furthermore, TVs with curved liquid crystal displays are also on the market. Other new applications for flexible displays, including kiosks, tablets, notebooks, e-readers, smart glasses, etc., are also expected to drive the demand for this technology during the forecast period
Although the Growing demand for flexible display | Rising use of NFC | Increasing demand for printed electronics in automotive and transportation will offer immense growth opportunities, is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this printed electronics market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. For more insights on CAGR and YOY growth rate, Download Sample Report
Frequently Asked Questions:
Printed Electronics Market 2022-2027: Segmentation
Printed Electronics Market is segmented as below:
The screen segment was valued at USD 16,393.64 million in 2017 and continued to grow until 2021. Screen printing is a popular technology widely used in the printed electronics market, especially for applications such as flexible displays, photovoltaics, and touch screens. Therefore, the screen segment is expected to further enhance the performance and versatility of screen printing for the market during the forecast period.
To learn more about all segments impacting the future of market research, download a sample.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Printed Electronics Market 2023-2027: Vendor Analysis
Printed Electronics Market 2023-2027 - Trends
Printed Electronics Market 2023-2027 - Challenges
Printed Electronics Market 2023-2027: Key Highlights
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The flexible printed circuit board market share is expected to increase by USD 1.64 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.73%.
The printed circuit board (PCB) market is estimated to grow at a CAGR of 5.05% between 2022 and 2027 reach USD 19,059.2 million.
Table of Contents:
1 Executive Summary
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