Printed Electronics Market Trends, Revenue, Major Players, Share Analysis & Forecast by 2027

 The report offers insightful information about the market dynamics of the Printed Electronics market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Printed Electronics market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Printed Electronics market.

The global printed electronics market size was USD 8.66 Billion in 2021 and is expected to register a revenue CAGR of 22.3% during the forecast period, according to latest analysis by Emergen Research. Increasing applications of printed electronics in medical devices is a major factor driving market revenue growth. Printed electronics have aided in manufacturing of high-performance, cost-effective, and flexible medical devices such as smart sensors, displays, smart labels, smart Personal Protective Equipment (PPE), and others. They have also facilitated incorporation of various new features in these products. Technologies, such as smart labels and others, enable healthcare professionals to monitor a patient remotely and check for vital functions. In addition, printed electronics are also witnessing a large-scale application in medical implants, smart cards, and others, which is primarily attributed to their lightweight and compact nature. It is incorporated in devices that aid in tracking usage of drugs and alerting patients as and when required.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Market Scope: The report explains the scope of various commercial possibilities in the global Printed Electronics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Printed Electronics market.

The leading market contenders listed in the report are:

BASF SE, E Ink Holdings Inc., Enfucell, Molex, NovaCentrix, PARC, a Xerox Company, Ensurge Micropower ASA, AUO Corporation, Cymbet Corporation, BrightVolt Solid State Batteries, Blue Spark Technologies, Inc., and C3Nano

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Segmentations of the Printed Electronics Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Printed Electronics market on the basis of product, application, and region:

Segments Covered in this report are:

• Material Outlook (Revenue, USD Billion; 2019-2030)

  • Ink
  • Substrate

• Technology Outlook (Revenue, USD Billion; 2019-2030)

  • Inkjet Printing
  • Gravure
  • Flexographic
  • Offset
  • Screen

• Devices Outlook (Revenue, USD Billion; 2019-2030)

  • Displays
  • Photovoltaic
  • Lighting
  • RFID
  • Others

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The complete regional analysis covers:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Points of the Geographical Analysis:

• Data and information related to the consumption rate in each region
• Estimated increase in the consumption rate
• Proposed growth of the market share of each region
• Geographical contribution to market revenue
• Expected growth rate of the regional markets

The report addresses the following key points:

• The report provides a forecast of market drivers, restraints, and future opportunities for the Printed Electronics market
• The report further analyses the changing market dynamics
• Regional analysis and segmentation of the Printed Electronics market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

Table of Contents

1. Executive Summary
2. Research Methodology
3. Market Overview
4. Regional Landscape
5. Global Market Analysis and Forecast by Types
6. Global Market Analysis and Forecast by Applications
7. Global Market Analysis and Forecast by Regions
8. North America Market Analysis and Forecast
9. Europe Market Analysis and Forecast
10. Asia Pacific Market Analysis and Forecast
11. Latin America Market Analysis and Forecast
12. Middle East & Africa Market Analysis and Forecast
13. Competitive Landscape

In conclusion, the Printed Electronics Market report is an exhaustive database that will help readers formulate lucrative strategies. The Printed Electronics Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities,  challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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3D printing has been widely used in the aerospace sector to manufacture aerospace components that are more dependent on aesthetics instead of functions. These include door handles, light housings, and full interior dashboard designs. 3D printing is also used to manufacture metal brackets that often perform a structural function inside aircraft. Over the years, increasing number of prototypes have been 3D printed which have enabled designers to enhance the form and refine fit of the finished parts. 3D printing in aerospace sectors have enabled efficient production of interior aircraft components such as cockpit dashboards and door handles. Additive manufacturing technologies have been used for prototyping, repair and maintenance, and for producing parts and components. 3D printing has also been used for jigs, fixtures, and tooling or bridge production. With constant advancements in 3D printing, use cases of this technology are expected to increase dramatically in the aerospace, space, and defense sector.

3D printing has been applied in almost all the stages of the design workflow for applications in the aerospace industry such as in design communication wherein 3D printing is used to create concept models that showcase a new component of aircraft and is also regularly used for aerodynamic testing that plays a crucial role in aerospace industry. Prototyping using 3D printing helps develop products that are low-cost and can be used to produce low to medium runs of parts. 3D printing in aerospace also allows for customization of aerospace components that are highly complex to improve aircraft performance. 3D printed components reduce weight of the aircraft, minimize fuel costs significantly, and provide consolidation and topology optimization of many custom aerospace components. Over the years, more and more companies have developed newer technologies and materials for aerospace 3D printing.

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In April 2022, National Aeronautics and Space Administration (NASA) announced development of all-new metal 3D printing allow that has been specifically designed for use in high-performance aerospace systems. GRX-810 is an example of an oxide dispersion strengthened alloy and the material can reportedly withstand very high temperatures such as above 1090 °C. NASA plans to utilize this material to 3D print high-temperature components for systems including rocket engines as it can improve fuel efficiency and lower maintenance costs. In addition, in a recent breakthrough research study published in May 2022, a team of researchers led by the University of Glasgow developed a 3D printable carbon nanotube-based plastic material that can sense its own structural health. This material has the potential to find new applications in automotive and aerospace design wherein low-density, tough materials having self-sensing capabilities are extremely desirable.

Major companies in the aerospace 3D Printing market include Stratasys Ltd., Höganäs AB, EOS GmbH, Norsk Titanium AS, MTU Aero Engines AG, 3D Systems Corporation, Materialise NV, Ultimaker BV, EnvisionTEC GmbH, and ExOne. In May 2022, EOS announced a strategic partnership with Hyperganic, which is a prominent player in engineering design software, to improve design and performance of 3D printed aerospace components. Under the partnership, the companies will be integrating Hyperganic Core, which is the AI-based algorithmic engineering software of Hyperganic, into laser powder bed fusion 3D printers developed by EOS. This will allow EOD customers to design their space propulsion components by leveraging algorithmic models and this transition is expected to further streamline the design workflow and accelerate development of components with correct geometries and optimal performance efficiency.   

Growing Focus on Emission-Free Flying to Drive Development of Zero Emission Aircraft Engines and Contribute to Market Growth

 

Aviation industry accounts for almost 2% of the global carbon dioxide emissions – which converts to the addition of nearly one billion tons of carbon to the atmosphere. This has accelerated the race to find viable alternatives to fossil fuels for commercial use and private planes. Over the recent past, extensive research and development activities have been carried out to develop new and more efficient engines that can result in reduced fuel consumption and harmful, toxic emissions. Each new generation of aircraft engine improves the fuel efficiency by 20%. With commercial fleet expected to grow radically by the next decade, sustainable flying approaches such as biofuels – including sugar cane and recycled cooking oil – are the next options to reduce carbon emissions and minimize negative environment impact which is major driver for the growth of Zero Emission Aircraft Engines Market.

Hydrogen fuel cells are being considered as the potential solution to zero carbon flying and in the recent years, a number of aircraft manufacturers have put forth designs that use liquid hydrogen to power their zero emission aircrafts. For instance, Airbus unveiled its Zero-e concept, back in 2020. Zero-e is a range of zero-carbon hydrogen-powered airliners that include an electric-engine propeller that leverage hydrogen fuels to generate power. In a recent news, in March 2022, FlyZero, which is a U.K.-based research project led by the Aerospace Technology Institute, released its vision for a new generation of liquid hydrogen-powered aircraft. The report has been titled “Our Vision for Zero-Carbon Emission Air Travel” and is the result of a yearlong investigation for understanding the feasibility of zero-carbon aircraft. The project suggests aviation industry can achieve its net zero emissions goals by 2050 if green liquid hydrogen and sustainable aviation fuel (SAF) technologies are developed. While hydrogen and electric aircraft are decades away from widespread use, industry is turning towards sustainable aviation fuel (SAF) to reduce emissions in the near future. SAFS are popular with airlines as they can be seamlessly integrated into the current aircraft models without needing any changes to the current engines.

Airlines are under pressure from consumers and environmental agencies to slash emissions to mitigate climate change and pollution and this has led to airlines pledging net-zero aviation by 2050. One way towards zero emissions is the use of electric aircraft and while the current battery technology will not allow medium and long haul flights, it can play a significant role in short-haul routes over the coming years. In a research study published in Journal of Transport Geography, researchers focused on studying the emission reduction potential of First Generation Electric Aircraft (FGEA) in Finland. According to the research study, replacing all existing aircraft with FGEA can be recommended as it can drastically reduce carbon emissions and real travel times (RTT).  

Major airlines and manufactures are investing heavily to develop sustainable alternate jet fuel to reduce greenhouse emissions of aviation industry. Major companies in the Zero Emission Aircraft Engines industry include irbus SE, Rolls-Royce PLC, National Aeronautics and Space Administration (NASA), Aurora Flight Sciences Corporation (The Boeing Company), Lilium GmbH, BETA Technologies, Inc., Bye Aerospace, Inc., Equator Aircraft AS, ZeroAvia, Inc., and Ampaire Inc. In February 2022, Airbus announced plans to test a hydrogen-powered jet engine by the middle of this decade and will be fitting out a superjumbo A380 with a hydrogen propulsion engine. The engine will be fitted to the body of the aircraft along with four conventional jet turbines that are already present under the wings. The cutting-edge technology will be developed in association with turbine manufacturer CFM International, which is a company jointly owned by General Electric and Safran Aircraft Engines. The test is expected to be conducted in 2026 as the company, which is the largest plane manufacturer in the world, pushed to meet its 2035 deadline of building the first zero emission aircraft for commercial purposes.

Increase in Global Production of Automobiles, Rising Consumer Demand for Fuel-Efficient Vehicles to Drive Automotive Fuel Injection Systems Market Growth

 

The automotive fuel injection system is a mechanical device placed inside the combustion chamber of an engine that ensures that the fuel is properly mixed with the air before entering the combustion chamber. The system injects gasoline into the inlet port or manifold, preventing the fuel from directly entering the combustion chamber. Fuel injectors comprise a small nozzle and a number of valves that are controlled electronically under high pressure.

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Before the introduction of fuel injectors, combustion engines in automobiles had carburetors, which are devices that supply spark-ignition engines with an adequate mixture of fuel and air. Carburetors were first replaced with the throttle body fuel injection systems, which are also called central or single point fuel injection systems. Over the years, automotive engineers have developed more advanced and efficient versions of the fuel injection systems, such as the multi-point fuel injection, direct fuel injection, and sequential fuel injection systems. Key components of an automotive fuel injection system are fuel tank, fuel pump, injection pump, governor, fuel injector, and fuel filter. These systems offer several advantages over carburetors; they enhance engine performance, reduce emissions and noise characters, and are able to deliver fuel to the combustion chamber under extremely high pressure. Fuel injectors can atomize fuel into very small particles, ensuring every single drop of the fuel vaporizes and undergoes the combustion process.

Revenue growth of the global automotive fuel injection systems market is primarily attributed to factors such as increase in global production of automobiles, rising consumer demand for fuel-efficient vehicles, rapid climate change and rising pollution levels, and stringent emission norms being implemented by regulatory bodies. Technological advances in fuel injection systems, such as gasoline direct injection and diesel direct injection systems, integration of advanced sensors and electronic components in these systems, and rising purchasing power of consumers – particularly in developing countries including India and China – are other key factors expected to support  revenue growth of this market over the forecast period.

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