Commercial Roofing Materials Market Global Scenario Global Printed Electronics Market
Global Printed Electronics Market is Expected to Reach $19
billion by 2024, says Variant Market Researc h
Global Printed Electronics Market Report is estimated to reach $19 billion by 2024;
growing at a CAGR of 22.6% from 2016 to 2024. Printed electronics is a printing
process of the conductive polymers and inks onto the fabrics or foils, to manufacture
electrical circuits. Printing electronics is majorly used for creating transistors, coils, and
other electrical boards or circuits. It is a flexible and faster method of manufacturing
circuits, but costs comparatively higher in comparison to traditional printing ways.
Various application areas such as electronics, healthcare, media and others pose a
huge demand for printed electronics owing to its thickness and compressed size.
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categories/semiconductor-electronics/global-printed-electronics-market
Low manufacturing cost, wide range of substrates, and eco-friendly technology are the
major factors driving the global printed electronics market. Moreover, increased demand
for flexible and bendable electronics has also propelled the growth of global printed
electronics market. However, lack of consumer awareness and increased competition
from non-printed electronic products is the major challenge for competitors. Innovative
product developments would provide several growth opportunities for the market in
coming years.