Global 3D Printed Electronics Market

3D Printed Electronics Market Size, Share, Growth Analysis, By Printing Technology(Inkjet Printing Screen Printing, Gravure Printing, Flexographic Printing), By Material(Ink, Polymer, Paper, Glass), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20D2064 | Region: Global | Published Date: July, 2024
Pages: 267 | Tables: 64 | Figures: 75

3D Printed Electronics Market Regional Insights

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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FAQs

3D Printed Electronics Market size was valued at USD 10.6 billion in 2021 and is poised to grow from USD 12.22 billion in 2022 to USD 38.2 billion by 2030, growing at a CAGR of 15.31% in the forecast period (2023-2030).

3D printed electronics market is highly competitive with the presence of local as well as companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of 3D printed electronics market. 'Optomec Inc.', 'Nano Dimension', 'Voxel8', 'Molex', 'The ExOne Company', 'nScrypt Inc.', 'Optisys LLC', 'Ceradrop', 'Xerox Corporation', 'BotFactory Inc.', 'Neotech AMT GmbH', 'Conductive Inkjet Technology Ltd.', 'T+ink', 'Agfa-Gevaert N.V.', 'EnvisionTEC GmbH', 'Cartesian Co.', 'Fujifilm Dimatix', 'LPKF Laser & Electronics AG', 'Cytosurge AG', 'Additive Electronics Manufacturing GmbH.'

The transportation and automotive industries are the primary end users of printed electronics. Printed consumer electronics are popular in the automotive industry due to their thinness, durability, and flexibility. Touch control technology and smart surfaces are also becoming more widespread in car interior interfacing. As a result, industry participants are integrating technology and design advances into their offerings. Conductive ink sensors are also used in automotive HMI applications such as HVAC controls, steering wheel controls, and overhead panels. Printed electronics can offer numerous advantages to automobile manufacturers.

Smart packaging often uses near-field communication and radio frequency identification technologies to connect manufacturers with customers and verify the authenticity of different products such as wines and perfumes. Smart packaging uses printed electronics because they are thin, light, efficient, and robust. With integrated electronics, packaging opens new channels of communication between the real and digital worlds. This is expected to help companies focus on individual customers and personalize their customer service offerings. In the application of smart packaging, it is used to evaluate the safety of packaged products and measure the temperature and origin, shipping, and condition of the products.

On the basis of region, 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.

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Global 3D Printed Electronics Market

Report ID: SQMIG20D2064

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