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