LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global printed electronics market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
The research study by Technavio on the global printed electronics market for 2017-2021 provides detailed industry analysis based on application (smart cards, sensors, printed batteries, RFID tags, and OLED), printing techniques (screen printing, flexography, gravure, offset lithography, and inkjet), and geography (APAC, the Americas, and EMEA).
|Printed electronics is a set of printing methods, which is used to create electrical devices on different substrates such as plastic, ceramic, and textiles. The global printed electronics market is expected to grow at a CAGR of over 8% through the forecast period. APAC is expected to generate maximum incremental growth in the market, driven by the large number of semiconductor foundries in the region.|
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The top three emerging trends driving the global printed electronics market according to Technavio hardware and semiconductor research analysts are:
- Adoption of printed electronics in photovoltaics segment
- Adaptability of printed electronics in automotive technologies
- Introduction of 3D printers
Adoption of printed electronics in photovoltaics segment
“Photovoltaic printed electronics is capable of converting sunlight into electricity. Various governments and organizations are working towards generating environment-friendly renewable energy, which is proving beneficial to the photovoltaic market,” says Sunil Kumar Singh, a lead analyst at Technavio for semiconductor equipment research.
There is a consistently increasing demand for energy, and governments are increasingly turning towards renewable energy sources to meet this demand. Photovoltaics is an important source of renewable energy, used in applications such as power stations, telecommunications and signaling, spacecraft, and others.
Adaptability of printed electronics in automotive technologies
Printed electronics includes conductive patterns printed as a part of the conventional electronics to give rise to flexible keyboards and antennas, which can later be altered to include printed testers on batteries, electronic skin patches, and other electronic circuits. Some of the popular technologies are conductive inks, in-mold electronics (IME), force sensing resistors (automotive FSR), and thermal interface materials (TIM). These technologies are suitable to be used in the automotive industry as they provide good quality displays, OLEDs, and capacitive touch sensors that can be embedded into the curved surfaces of the car.
Introduction of 3D printers
3D printers are being increasingly adopted in the electronics market as they can provide high pixel accuracy, precision work, and low-cost fabrication. The integrated printing systems can produce fully functional conductors, semiconductors, resistors, dielectrics, and optical materials.
“The advanced technology is moving toward high-volume mass production, which is possible due to their flexible manufacturing and novel design capabilities at affordable costs. The market is witnessing a rapid increase in the range of fully printed 3D electronics market,” says Sunil.
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