Electronics.ca Publications has released a new market research report titled "Printed Electronics: The Global Market". According to the latest report, in 2011, the worldwide market for printed electronics was worth about $3.5 billion and this value is anticipated to rise to $12.6 billion in 2016, at a compound annual growth rate of 29.4% in the next five years.
The printed electronics market can be divided into five categories, namely sensors, energy, radio frequency, optoelectronics, and other. In 2011, the optoelectronics segment was valued at approximately $2.3 billion and is projected to reach $8.9 billion in 2016 at a compound annual growth rate of 31.6%. Similarly, the energy segment, worth $525 million in 2011, is anticipated to reach almost $1.5 billion in 2016 at a compound annual growth rate of 22.8%.
The sensors segment, valued at $145 million in 2011, is expected to reach about $794 million in 2016 at a compound annual growth rate of 40.4%. The radio frequency segment, worth $35.3 million in 2011, is projected to reach almost $152 million in 2016 at a compound annual growth rate of 33.9%. In 2011, the other segment was valued at $518 million and is anticipated to reach $1.3 billion in 2016, at a compound annual growth rate of 20%.
Printed electronics aid in developing electronic devices on various materials like textiles, plastic and paper by employing a combination of regular printing procedures such as ink-jet printing, offset lithography, and screen printing, and electrically functional inks. In fact, printed electronics can revolutionize electronic applications.
In addition to ease of manufacturing, low-cost, light weight and compact size, printed electronics can promote a number of applications such as animated signage, smart labels and flexible displays that are not possible with standard electronics based on silicon. Besides improving current markets, printed electronics are promoting new market opportunities.
The technical report will prove useful for venture capitalists, executives, investors and entrepreneurs interested in the printed electronics market.
Source: http://www.electronics.ca/