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

Global 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 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.