The European printed electronics market is projected to grow at a significant of 12.5% during the forecast period (2020-2026). The major factor that propels the growth pf the market includes the various projects regarding electronics manufacturing in the region. The EU’s Future and Emerging Technology (FET) Flagship projects are one such EU program, which aims at large-scale science-driven research projects in order to achieve visionary goals. The envisioned application of the project includes the development of fast and flexible consumer electronics such as bendable personal communications devices and electronic paper. Under the project, the researchers are engaged in the development of applications and manufacturing processes for graphene.
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Additionally, the availability of an array of public and private research organizations, including the Max Planck Institutes and the Fraunhofer Gesellschaft backed by the Ministry of Education and Research, further increases the innovation of electronic products. There are large-scale efforts being made in the development of flexible electronics, which includes manufacturing capabilities and organic electronics, having a development cluster in Europe, mainly in Dresden, Germany. Along with that, the continuous efforts by the government in the development of innovative products for printed electronics coupled with a range of its applications in the automotive, healthcare, and commercial electronics sector provide the opportunity to the market.
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European Printed Electronics Market – Segmentation
By Material
· Inks
· Substrate
By Technology
· Screen Printing
· Inkjet Printing
· Flexographic Printing
· Others (Gravure Printing)
By Application
· RFID Tags
· Displays
· Photovoltaic Cells
· Lighting
· Others (Sensors)
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