Printed Electronics Market worth $23.0 billion by 2026


Posted November 25, 2021 by shekhartek

Printed Electronics Market with COVID-19 Impact Analysis by Printing Technology (Screen Printing, Inkjet Printing), Application
 
The report "Printed Electronics Market with COVID-19 Impact Analysis by Printing Technology (Screen Printing, Inkjet Printing), Application (Displays, PV Cells), Resolution, Material (Inks, Substrates), End-use Industry, and Geography - Global Forecast to 2026", is projected to reach USD 23.0 billion by 2026 from an estimated USD 9.9 billion in 2021, at a CAGR of 18.3% from 2021 to 2026. Increased demand for printed electronic products in automotive and transportation industry and growth of the consumer electronics industry are among the factors driving the growth of the printed electronics market.

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Browse 205 market data Tables and 72 Figures spread through 280 Pages and in-depth TOC on "Printed Electronics Market with COVID-19 Impact Analysis by Printing Technology (Screen Printing, Inkjet Printing), Application (Displays, PV Cells), Resolution, Material (Inks, Substrates), End-use Industry, and Geography - Global Forecast to 2026"
The printed electronics market is projected to grow at a CAGR of 18.3% from 2021 to 2026
[280 Pages Report] The global printed electronics market is projected to reach USD 23.0 billion by 2026 from an estimated USD 9.9 billion in 2021, at a CAGR of 18.3% from 2021 to 2026.
Growth of the consumer electronics industry and increased adoption of IoT by end-use industries are among the factors driving the growth of the printed electronics market.

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COVID-19 Impact on the Global Printed Electronics Market
The outbreak and the spread of the COVID-19 harmed the printed electronics market in 2020, resulting in decreased shipments of printed electronics. This resulted in a decline in revenue. As a result, a dip was witnessed in market growth during the first half of 2020. This trend continued to prevail till Q1 2021.
The spread of COVID-19 has impacted the display industry as manufacturers of display panels were witnessing production disruptions caused by lockdowns imposed in different countries since this industry is labor-intensive. The impact can be witnessed in the case of LG Display Co., Ltd., which focused on expanding its OLED production by ramping up production at its Guangzhou plant in China. The company faced production delays due to the COVID-19 pandemic, resulting in a reduction in display shipment

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Issued By Shekhar Tekade
Country India
Categories Software , Technology
Last Updated November 25, 2021