Printed Sensors Market Analysis Report, Share, Growth, Trend, and Forecast, 2024: Global Market Insights Inc.
An outlook on printed sensors market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years. Printed Sensors Market size is anticipated to witness growth during the forecast timeframe owing to an increase in integration of printed sensors with wearable medical devices, which are used to monitor human body parameters & increase patient convenience and consumer electronics. The demand for printed sensors is rapidly growing with growth in the smart packaging industry. These devices enhance packaging in terms of drawing consumer attention and providing additional information & authentication on the product. This is expected to bolster printed sensors market growth. IoT and touch-enabled electronic devices are expected to provide viable growth opportunities for the industry. In many applications including connected smart appliances, the performance gets affected due to the size of embedded components. These devices require flexible, lightweight, and thin components for efficient data exchange. Owing to its advantages over conventional sensors, printed sensors market is expected to grow significantly during the forecast period. Technical complications in selecting the right materials with respect to the requirements and high setup investment are expected to restrain the printed sensors market growth during the forecast period. Meeting the required level of performance in real-time applications, such as glucose level monitoring and continuous tissue oxygen monitoring, is expected to challenge the printed sensors market during the forecast period.
The printed sensors market is segmented on the basis of type, application, and printing technology. Based on the type, these devices are segmented as printed biosensor, touch sensor, humidity sensor, gas sensor, temperature, proximity, image, and pressure sensors. Printed biosensors segment is projected to lead the market owing to the growing demand for glucose test strips for diabetes monitoring. Furthermore, the rising demand for point-of-care home-based devices is anticipated to drive printed sensors market growth. The growing integration of biosensors in environmental monitoring and consumer electronics is expected to further boost the market demand. Printed image sensors are expected to witness speedy growth and are mainly driven by consumer electronics segment. The growth is attributed to an increase in demand 1|Page
for digital cameras, camera-enabled smartphones, and tablet PCs. Printed image sensors are also used widely in digital X-rays. In addition, factors, such as increasing adoption of biometrics in building automation & smartphones and government initiatives to use biometrics to increase safety are anticipated to drive the printed sensors market growth over the future; for instance, e-passports. Based on the printing technology used, the printed sensors market is segmented as inkjet printing, gravure printing, flexography, and screen printing. Sheet-based technologies, such as inkjet and screen printing, are suitable for high precision and low volumes. Gravure and flexographic printing are widely used for high-volume production such as solar cells. Gravure printing is used in quality-sensitive layers such as dielectric interfaces in transistors and organic semiconductors. Flexographic printing technology is mainly used for inorganic conductors. Asia Pacific printed sensors market is expected to grow at a fast rate owing to the rapid industrialization in the region. The presence of several leading consumer electronics manufacturers, such as Samsung SDI Co., Sony Corp., and Huawei Technologies Co., is anticipated to drive growth. Furthermore, the growth in the production of commercial and non-commercial vehicles with touch infotainment and driver assistance systems is expected to fuel printed sensors market growth in the region during the forecast period. Some of the key printed sensors market players include Interlink Electronics, Inc., Tekscan, Inc., Thin Film Electronics ASA, PST Sensors, ISORG, PolyIC GmbH & Co., KG, Peratech Holdco Ltd., MC10, Inc., KWJ Engineering Inc., Canatu Oy, and GSI Technologies. These major market players are involved in strategies, such as acquisitions, new product launches, and partnerships, to expand their reach in the market. For instance, Thin Film Electronics ASA signed a distribution agreement with CymMetrik, China. This agreement focuses on sales expansion in India, China, and Taiwan. The printed sensors market ecosystem comprises raw material vendors, manufacturers, and end users. Some of the raw material vendors include T+ink, Inc., FlexEnable Ltd., Palo Alto Research Center, Inc., Brewer Science, Inc., and DuPont. This latest Printed Sensors Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the printed sensors industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles. Reasons to Buy This Report • • • •
Global Printed Sensors Market size & forecast by product & application. Growth drivers, pitfalls & industry challenges. Key Printed Sensors Market growth opportunities & emerging business models. Competitive benchmarking with market share analysis and company profiles.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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