USD 10.6 billion
Report ID:
SQMIG20D2064 |
Region:
Global |
Published Date: July, 2024
Pages:
267
|Tables:
64
|Figures:
75
3D Printed Electronics Market size was valued at USD 0 Billion in 2023 and is poised to grow from USD 0 Billion in 2024 to USD 0 Billion by 2032, growing at a CAGR of 15.31% during the forecast period (2025-2032).
3D printed electronics is a new program that allows electronics to be integrated into or on top of devices. The concept of 3D printing has been widely applied to the exterior of 3D injection molded synthetic objects to add antennas and simple conductive interconnects. With technological advancements in the 3D printed electronics business, new techniques can be used to create materials and processes to create sophisticated circuitry inside parts. Customization can be a valuable advantage in the development of fully formed additive manufacturing parts for circuit boards or any computerized device. The demand for small, thin devices with advanced capabilities is insatiable. However, difficult tasks such as designing a PCB or printed circuit board and its components are usually outsourced, resulting in longer waiting times. With the introduction of 3D printing, it is now possible to create in-house prototypes of circuits and circuit boards, reducing cost, time, and concerns about intellectual property infringement. Improved efficiency and productivity of manufacturers, as well as lower material costs, are expected to drive the global 3D printed electronics market during the forecast period.
Increased production of products with reduced weight, ease of use, and improved technology in manufacturing electrical components, all benefit the market. Increased production of antenna and sensor printing in 3D form stimulates the market. The rapid adoption of newly developed technologies in many sectors, as well as increasing consumer demand in industries such as the health sector, defence, telecommunication, automobile industry, electrification system, power utility, aerospace, and many others. The market is expected to flourish with the increased competition due to new arrivals and the availability of increased performance. Rising market participants and increased investment in the electronics and automobile industries have boosted market rates. However, the cost of new equipment and material for printed electronics are high, may this factor hamper market growth.
US 3D Printed Electronics Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 10.6 billion
Largest Segment
Inkjet Printing
Fastest Growth
Inkjet Printing
Growth Rate
15.31% CAGR
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Global 3D printed electronics market is segmented on the basis of printing technology, material and region. On the basis of printing technology, global 3D Printed Electronics Market is segmented into inkjet printing, screen printing, gravure printing, and flexographic printing. On the basis of material, global 3D Printed Electronics Market is segmented into ink, polymer, paper and glass. On the basis of region, global 3D Printed Electronics Market is divided into North America, Europe, Asia Pacific, Latin America, and MEA.
3D Printed Electronics Market Analysis by Printing Technology
On the basis of printing technology, global 3D printed electronics market is segmented into inkjet printing, screen printing, gravure printing, and flexographic printing. The inkjet segment accounted for a significant share of the revenue in the global market. The rapidly increasing adoption of this unique and advanced technology is fuelling the rapid growth of this segment. Inkjet printers are adjustable and versatile and easy to set up. Inkjet printers have a low throughput of about 100 m2/h and low resolution (about 50 m). It works well with soluble, low-viscosity materials such as organic semiconductors. High-viscosity materials, such as organic dielectrics, and dispersed particles, such as inorganic metal inks can cause nozzle obstruction. The thickness and uniformity of the dispersion decrease as the ink is applied in droplets. Using multiple nozzles simultaneously and pre-forming the substrate can improve productivity and resolution.
3D Printed Electronics Market Analysis by Material
On the basis of material, global 3D printed electronics market is segmented into ink, polymer, paper and glass. The ink materials segment accounted for the largest revenue share in the printed electronics market. The increasing growth of this segment is due to the rapid market acceptance of this substance. The increasing adoption of printed electronics technology has allowed the widespread use of inks in a wide range of applications in many fields. Also, inks are becoming more readily available in the market, making them more accessible to buyers.
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On the basis of region, global 3D printed electronics market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. Asia-Pacific accounts for the highest revenue share in the printed electronics market and APAC is expected to maintain its leading position by growing at the fastest CAGR during the forecast period. The significant market share can mainly be due to the growing use of printed electronics technology in consumer electronics applications. This expansion can be attributed to the rapidly expanding electronics manufacturing sector of the region. Emerging markets such as China, South Korea, and Japan contribute significantly to the target market. Also, the Asia Pacific region, especially China, is a manufacturing hub for electronics.
North America holds a significant revenue share in the 3D printing electronics market and is expected to grow at a significant CAGR during the forecast period. 3D printing technology is widely implemented in end-use industries such as aerospace and defence, automotive, telecommunications and others to support the expansion of the electronics industry in this region. Simultaneously, the presence of key manufacturers such as Stratasys and 3D Systems in the region is a primary driver fuelling the growth of 3D printing in this region.
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3D Printed Electronics Market Driver
Increasing use of printed electronics in the automotive and transportation industries
Trends in the introduction of new printed electronics applications
3D Printed Electronics Market Restraint
High initial cost of technology
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Global 3D printed electronics market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global 3D printed electronics market.
3D Printed Electronics Market Top Player's Company Profiles
3D Printed Electronics Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.
According to our global 3D printed electronics market analysis, by region, Asia-Pacific accounts for the highest revenue share in the printed electronics market and APAC is expected to maintain its leading position by growing at the fastest CAGR during the forecast period. Based on material, the ink materials segment accounted for the largest revenue share in the printed electronics market. Improved efficiency and productivity of manufacturers, as well as lower material costs, are expected to drive the global 3D printed electronics market during the forecast period. However, the cost of new equipment and material for printed electronics are high, may this factor hamper market growth.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 0 Billion |
Market size value in 2032 | USD 0 Billion |
Growth Rate | 15.31% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the 3D Printed Electronics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 3D Printed Electronics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the 3D Printed Electronics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 3D Printed Electronics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG20D2064
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