NewswireToday - /newswire/ -
Montréal, Québec, Canada, 2012/04/11 - According to a new technical market research repor, the global market for printed electronics was valued at nearly $3.5 billion in 2011 and is expected to increase to $12.6 billion in 2016, a five-year compound annual growth rate (CAGR) of 29.4%.
Electronics.ca Publications, the electronics industry market research and knowledge network, announces the availability of a new report entitled "Printed Electronics: The Global Market".
According to a new technical market research repor, the global market for printed electronics was valued at nearly $3.5 billion in 2011 and is expected to increase to $12.6 billion in 2016, a five-year compound annual growth rate (CAGR) of 29.4%.
The market for printed electronics can be broken down into five segments: optoelectronics, energy, sensors, radio frequency, and other. The optoelectronics segment accounted for nearly $2.3 billion in 2011 and is expected to increase at a CAGR of 31.6% to reach $8.9 billion in 2016. The energy segment accounted for $525 million in 2011 and is expected to increase at a CAGR of 22.8% to reach nearly $1.5 billion in 2016.
The segment made up of sensors, worth $145 million in 2011, is projected to experience a CAGR of 40.4% to reach a value of nearly $794 million in 2016. The radio frequency segment was valued at $35.3 million in 2011 and should reach nearly $152 million in 2016, a CAGR of 33.9%. The other segment was worth $518 million in 2011 and, by 2016, should be worth nearly $1.3 billion, a CAGR of 20%.
Printed electronics represent a growing technology for fabricating electronic devices on materials such as paper, plastic, and textiles using electrically functional inks in combination with standard printing processes such as screen printing, offset Lithography, and ink-jet printing. Printed electronics are steadily proving that they have the potential to bring about a revolution in electronic applications.
Today, the potentially revolutionary character of printed electronics lies not only in its low cost, ease of manufacturing, and small size and light weight. It also lies in the ability of printed electronics to facilitate applications that are not feasible or are uneconomical with conventional silicon-based electronics. Flexible displays, smart labels, and animated signage are examples of such applications. Therefore, printed electronics has not only enhanced existing markets but is also creating new market opportunities.
The goal of this report is to provide technology vendors, investors, and others with realistic information about the commercial potential of various printed electronics technologies and applications in order to assist them in making key business decisions. Specific objectives include identifying segments of the printed electronics market with the greatest commercial potential for the near-term to midterm (2012 to 2016); projecting future demand in these segments; and evaluating the challenges that must be overcome for each segment to realize its potential.
This report is intended especially for executives, entrepreneurs, investors, venture capitalists, and other readers who need to know where the market for printed electronics is headed in the next five years. The report is written primarily for lay readers rather than technologists, but it should also be useful to readers in the research-and-development community who seek to anticipate future flows in R&D funding.
Details of the new report, table of contents and ordering information are available at electronics.ca/.