The printing technology used to build electronic devices by printing on a variety of substrates is referred to as printed electronics. Printed electronics were originally associated with organic or plastic electronics that used one or more carbon-based inks. Printed electronics are being utilised to create flexible keyboards, antennas, electronic skin patches, and more as the need for wearable gadgets and smaller electronics grows. Printed electronics technology has progressed over time, and inkjet printers can now print electrical circuits at a low cost and in a short amount of time. In a nutshell, printed electronics is one of the most rapidly evolving technology today, with applications in healthcare, aircraft, media, and transportation.
One of the primary driving reasons for the Printed Electronic Market is the expanding use of printed electronics in photovoltaic cells to convert solar energy into electricity, as well as the growing use of conductive inks. Printed electronics gives substrates more electronic capabilities than traditional rigid electronic production processes. While traditional electronics are utilised in packaging and print, integrating large-scale printable electronics primarily delivers lightweight and thin electronics employing cost-effective high-volume manufacturing processes.
One of the primary methods used by the leading players in the printed electronics market to strengthen their positions globally is product innovation through research. Over the forecast period, the global market for printed electronics is expected to be fueled by the increasing use of printed sensors, batteries, and other portable devices.
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Source Link: https://www.coherentmarketinsights.com/infographics/printed-electronics-market/186
