Functional Printing Materials Market at a CAGR of 25% through 2020. Functional Printing Market | Page 11

11.3 EUROPE
The areas in which the European market is strong are automotive, industrial automation, energy,
and security. Other than the generalized markets there is an emerging high growth area,
particular Internet of Things and the development of Smart-labels, OLED lighting and displays
markets where most of the company manufacturing the OLED products are more. The new
technology adaption and implementation is also found more in the European market. The
market is regaining strong presence in printed electronics market where the mobile and wireless
applications are increasing. The target for European market is to capture 20% growth in these
markets. Many Trade shows and conferences are being conducted and made successful to take
part strongly in the functional printing market.

Europe Functional Printing Market, (in $
Million)

Europe Functional Printing Market, By Countries, 2014-2020 ($ Million)
10,000.0
9,000.0
8,000.0
7,000.0
6,000.0
5,000.0
4,000.0
3,000.0
2,000.0
1,000.0
2014

2015

Germany

2016
U.K.

2017

France

2018

2019

2020

Others

Source: IndustryARC Analysis and Expert Insights
Germany remains the leading market for Europe Functional Printing Market in 2014 with 45%
share followed by U.K. and France with 33% and 17% share, respectively. Germany and U.K.
will remain significant market in Europe, both growing at a CAGR of more than 22% between
2015 and 2020.
The European Commission has strongly favoured the growth of Organic and Large Area
(OLAE) electronics that will be a notable factor boosting the functional printing market in the
region in future. The funding process all over the Europe for OLAE research is integrated from