functional print industry

functional print industry Research Report By Forecast 2024 Industry Survey, Growth, Competitive Landscape and Forecasts to 2024

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functional print industry Forecast To 2024 functional print industry Forecast To 2024

• The global functional print industry had reached the valuation of USD 10.52 billion in 2018 and can touch the valuation of USD 30.27 Billion by 2024, estimates Market Research Future (MRFR). The market is projected to grow at a rate of 19.26% during the forecast period (2019-2024).

• Market Boosters and Key Barriers • At present, printing technologies are not particularly designed to be used in functional printing, which has prompted several organizations to explore techniques to develop new technologies for this purpose. The rising adoption of functional printing across the globe is the result of the soaring demand for numerous low-cost electronic commodities. With the availability of a vast range of printing technologies and materials, a number of organizations are now able to achieve fast-paced manufacturing at low costs.

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functional print industry Forecast To 2024

“Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on functional print industry Forecast To 2024”

• There are various factors that ensure a promising future for the functional print industry. It is a revolutionary technology with the potential to bring in the next wave in large-scale electronic production. The future growth of the functional print industry is inevitable, given the lower energy consumption as well as material wastage, that has an insignificant impact on the environment.

These factors boost its demand among manufacturers and favor market growth as well.

• Market opportunities in the form of new applications, integration, and functionalities of many electronic products ensure a successful run for the functional print industry during the review period. On top of that, capabilities like fine printing of structure along with cost advantages in fabrications offer a host of growth opportunities to the functional print industry.

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functional print industry Forecast To 2024

Global functional print industry Segmented on the basis of The worldwide functional print industry has been studied on the basis of segments including material, printing technology, and application.

Material-wise, the market includes substrates and inks. The substrates segment is considered for plastic, glass, silicon carbide, paper, gallium nitride (GAN), and others. The inks segment consists of graphene ink, conductive inks, dielectric inks, and others.

Depending on the printing technology, the market caters to screen printing, inkjet printing, flexography, gravure printing, and others.

With respect to the application, the market segments are displays, sensors, batteries, lighting, RFID tags, photovoltaics, and others.

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functional print industry Forecast To 2024

Global functional print industry - Geographical Analysis • The geographical distribution of the global functional print industry includes Europe, Asia Pacific (APAC), North America, along with the rest of the world (RoW). • High demand for near-field communication (NFC) has established North America as the leading market for functional printing. With the fast-paced growth in smartphone technology in the region, mobile phones are now the best options for payments. With payments becoming easier and hassle-free due to the NFC chip in smartphones, the majority of people in the region now indulge in transactions using their handheld devices.

Also, the thriving retail sector in the region stimulates market growth.

• Europe has managed to grab the second position in the global functional print industry, thanks to the high demand for near-field communication (NFC) as well as early adoption of the latest technologies. 3D printing enjoys robust demand in the region, encouraging the manufacturers to revamp their business models as well as supply chains using distributed 3D printing. The region possesses a well-rounded technical infrastructure that boosts adoption of advanced technologies., ultimately augmenting market demand.

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functional print industry Forecast To 2024

Global functional print industry - Competitive Analysis • Leading companies in the worldwide functional print industry are Eastman Kodak Company Ltd (US), Enfucell Oy (France), BASF SE (Germany), Blue Spark Technologies (US), HP Development Company, L.P. (US), E Ink Holdings Inc. (Taiwan), GSI Technologies LLC (US), Haiku Tech (US), Display Corporation (US), Avery Dennison Corporation (US), and others.

• Other companies in the functional print industry include Nanosolar Inc. (US), Novaled AG (Germany), Toppan Forms Co. Ltd (Japan), Isorg (France), Xaar PLC (UK), Optomec Inc. (US), Xennia Technology Limited (UK), Toyo Ink Sc Holding Co. Ltd (US), Vorbeck Materials Corporation (US), Mark Andy Inc. (US), to name a few.

• Browse Report @ https://www.marketresearchfuture.com/reports/functional-printing-market7978

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ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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