The US printed electronics market is projected to grow considerably during the forecast period. The market for printed electronics in the US majorly driven by the significant development in the consumer electronics industry in the country. The electronics manufacturers such as Apple, LG Electronics Inc., manufacturers are rapidly moving towards the compact and printed electronic components to gain a competitive edge over competitors. The evolution of flexible displays, foldable smartphones and other flexible devices mark the growth of printed components for the development of electronic products. Therefore, the growing trend of these advanced electronics products further provides a significant opportunity for the market.
A full report of US Printed Electronics Market is available at: https://www.omrglobal.com/industry-reports/us-printed-electronics-market
Flexible electronic components are widely used in electric vehicles thus supporting the market growth. According to the Environmental and Energy Study Institute, the US is one of the leading markets for sales of electric vehicles. Companies are also diversifying their manufacturing facilities towards the electric vehicle segment. Thus, the significant growth in the electric vehicle market is estimated to deliver promising growth in the application of printed electronics in the automotive industry which as a result augment the market growth for printed electronics. With the growth in demand for these VR and AR devices, the application areas for electronic components are estimated to increase due to the use of sensors in VR and AR gears. Thus, the growth in VR and AR gears is projected to leverage the industry towards market opportunities during the forecast period.
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Market Coverage
- Study Period- 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segments Covered- By Material, by technology, and by Application
- Regions Covered- US and Canada
- Key Companies Profiled- LG Electronics Inc., Samsung Electronics Co., Ltd., Palo Alto Research Center Inc., Molex LLC, DuPont de Nemours, Inc.,
Key questions addressed by the report
- What is the market growth rate during the forecast period?
- Which segment/region dominates the market in the base year?
- Which segment/region will project the fastest growth in the market during the forecast period?
- How COVID-19 will impact the market growth in 2020 and coming years?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
o Recommendations
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
US 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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