Printed Electronics Is Estimated To Witness High Growth Owing To Rising Demand From Applications Like Healthcare and Consumer Electronics
Printed Electronics market The Printed Electronics market is estimated to be valued at US$ 7114.14 Mn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Printed electronics refer to the process of printing electronic circuits on various substrates like paper, plastic, fabric and more using various printing techniques like screen printing, gravure printing, flexography and inkjet printing. Printed electronic technology is used to create flexible low-cost electronic circuits and devices. The major printed electronic products include displays, sensors, batteries, RFID tags and photovoltaic devices. Market Dynamics: Rising demand from healthcare and consumer electronics applications is a major factor driving growth of the printed electronics market. Printed electronics have applications in biomedical sensors, smart medical devices and clothing for continu...