Functional Printing Materials Market at a CAGR of 25% through 2020. Functional Printing Market | Page 8

2. EXECUTIVE SUMMARY
The report showcases the market condition and statistics of Functional Printing market. The
main factors that are drawing the attention to enter markets are smart phones and tablets. The
display and lighting markets have found the core importance of the Organic Light Emitting
Diode (OLED) market and developments. Some of the silicon based fabricated components are
found to be more costly and also facing many environmental issues. These factors demanded for
low cost and sustainable techniques, thus functional printing market is increasing.
Many manufacturers have started functional printing to print electronic parts and components
through getting benefit in design, cost and material utilization. Printed electronics market has
occupied the growth stage in the product life cycle where the growth is continuous and
exploring. The growth is due to its high efficiency at low cost material which is sustainable.

Global Functional Printing Market, (in $
Million)

Global Functional Printing Market, By Years, 2014-2020 ($ Million)
30,000.0
25,000.0
20,000.0
15,000.0
10,000.0
5,000.0
-

2014

2015

2016

2017

2018

2019

2020

Source: IndustryARC Analysis and Expert Insights
The global functional printing market in 2014 was standing at $6.9 billion. This market is
analysed to up surge from $8.2 billion in 2015 to $25.4 billion by 2020 with a CAGR of 25.3%.
The market for the year 2014 was significantly dominated by printed electronic components and
sensors with 36% and 21% share, respectively. By 2020, display screens including OLED, EPaper and Electroluminescence will emerge to be the notable share holder in the global
functional printing market with 35% share.