Printed electronics is gaining wide momentum owing to the many benefits it offers over conventional electronics, such as low fabrication cost, long switching times, and simple fabrication. This technology has found use in a plethora of applications ranging from displays and lighting to RFID, sensors, and batteries. The global printed electronics market is expected to reach $24.25 billion by 2015. Increased miniaturization, technological changes, and portability needs of electronic products in different sectors such as telecommunications, packaging, automotive, and medicine are driving the demand for flexible electronic products in the market.
There are significant growth opportunities for printed electronics in end-user markets such as consumer electronics, military, power generation, healthcare, and logistics.
The printed electronics market is characterized by the introduction of new products such as smart and interactive packaging, smart fabrics and wearable electronics, and so on. This provides a huge growth opportunity for the printed electronics market. Companies and governments across the globe are investing in the printed electronics market owing to the benefits offered by this technology.
The market of Asia-Pacific holds the maximum share and accounted for 42.5% in the printed electronics market in 2010 owing to significant demand for printed displays in this region. Asia-Pacific is expected to be the fastest growing market owing to the high potential for development of applications such as printed OLED displays and lighting. The printed electronics market in Asia-Pacific is expected to grow at a CAGR of 40.8% from 2010 to 2015.
Industry players with significant contribution include NovaCentrix (U.S.), Conductive Inkjet Technology (UK), E Ink Holdings (Taiwan), NTERA (U.S.), Vorbeck Materials (Switzerland), and DuPont (U.S.).
Printed electronics uses different printing techniques, namely ink-jet, screen, flexography, gravure, offset lithography, nano-imprint lithography, and some proprietary printing techniques developed by market players. Printed electronics technology makes use of conductive and dielectric inks. Plastic, glass, and paper are the commonly used substrates for developing printed components.
Printed electronics requires the convergence of several industries and vertical sectors such as printing, materials, chemicals, and electronics. To facilitate the development of new products, there is a need for the integration of different technologies spanning various industry verticals. This will further expand the potential of printed electronics and helps to leverage untapped markets. The printed electronics market is an emerging market and is expected to grow rapidly in the coming years.
This report covers the latest trends in the printed electronics market and analyzes the various technologies involved. The forecast period of the report is from 2010 to 2015.
Scope of the report
This research report categorizes the global market for printed electronics on the basis of applications, materials, printing technologies and geography; forecasting revenues, and analyzing trends in each of the following submarkets:
On the basis of applications:
- Display, lighting, and others (sensors, RFID, photovoltaic, memories, and batteries)
On the basis of materials:
On the basis of printing technologies:
- Inkjet printing, screen printing, flexography, gravure, and others
On the basis of geography:
- North America, Europe, Asia-Pacific, ROW
Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets. In addition, the report also provides more than 20 company profiles covering all the sub-segments.
TABLE OF CONTENTS
EXECUTIVE SUMMARY
1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
2 SUMMARY
3 MARKET OVERVIEW
3.1 EVOLUTION OF PRINTED ELECTRONICS
3.2 CONVENTIONAL VS. PRINTED ELECTRONICS
3.3 PRINTING TECHNIQUES
3.4 INDUSTRY LIFECYCLE OF PRINTING TECHNIQUES
3.5 APPLICATIONS OF PRINTED ELECTRONICS
3.6 PORTERS FIVE FORCES
3.6.1 THREAT FROM SUBSTITUTES
3.6.2 THREAT FROM NEW ENTRANTS
3.6.3 BARGAINING POWER OF SUPPLIERS
3.6.4 BARGAINING POWER OF BUYERS
3.6.5 THREAT FROM COMPETITION
3.7 MARKET DYNAMICS
3.7.1 DRIVERS
3.7.1.1 Low manufacturing cost
3.7.1.2 Increasing demand for flexible and bendable electronics
3.7.1.3 Increased investments
3.7.1.4 Wide range of substrates
3.7.1.5 Environmental friendly technology/ green technology
3.7.2 RESTRAINTS
3.7.2.1 Lack of awareness
3.7.2.2 Challenges of electrically functional inks
3.7.2.3 Competition from non-printed electronic products
3.7.2.4 Complexity of the value chain
3.7.3 OPPORTUNITIES
3.7.3.1 Emergence of new functionalities and applications
3.8 WINNING IMPERATIVES
3.8.1 COLLABORATIONS & PARTNERSHIPS
3.8.2 CONVERGENCE ACROSS VERTICALS
3.9 PATENT ANALYSIS
4 GLOBAL MATERIALS MARKET
4.1 SUBSTRATES
4.1.1 GLASS
4.1.2 PLASTIC
4.1.2.1 Polyethylene naphthalene (PEN)
4.1.2.2 Polyethylene terephthalate (PET)
4.1.3 PAPER
4.1.4 OTHERS
4.2 INKS
4.2.1 CONDUCTIVE INKS
4.2.1.1 Conductive silver inks
4.2.1.2 Conductive copper inks
4.2.1.3 Others
4.2.2 DIELECTRIC INKS
5 PRINTING TECHNOLOGY MARKET
5.1 PRINTING TECHNOLOGIES
5.1.1 INK-JET PRINTING
5.1.2 SCREEN PRINTING
5.1.3 FLEXOGRAPHY
5.1.4 GRAVURE PRINTING
5.1.5 OTHERS
6 APPLICATIONS MARKET
6.1 DISPLAYS
6.1.1 OPPORTUNITIES
6.1.1.1 Integration into multiple products
6.1.2 E-PAPER DISPLAYS
6.1.2.1 Electrochromic displays
6.1.2.2 Electrophoretic displays
6.1.2.3 Drivers
6.1.2.3.1 Benefits of e-paper displays
6.1.2.3.2 Emergence of new markets
6.1.2.3.3 Green technology
6.1.2.4 Restraints
6.1.2.4.1 Lack of color & video
6.1.3 ELECTROLUMINESCENT DISPLAYS
6.1.4 OLED
6.1.4.1 Drivers
6.1.4.1.1 Availability of new and improved inks
6.1.4.2 Restraints
6.1.4.2.1 Products based on competing technologies
6.1.4.2.2 Manufacturing techniques
6.2 LIGHTING
6.2.1 OLED
6.3 OTHERS
6.3.1 RFID
6.3.1.1 Restraints
6.3.1.1.1 Limited functionality
6.3.1.2 Opportunities
6.3.1.2.1 Item level tagging
6.3.1.3 Applications
6.3.2 PHOTOVOLTAIC
6.3.2.1 Drivers
6.3.2.1.1 Low capital expenditure
6.3.3 MEMORY & BATTERIES
6.3.3.1 Restraints
6.3.3.1.1 Small size of the current addressable market
6.3.3.1.2 Manufacturing process
6.3.3.2 Opportunities
6.3.3.2.1 Opening up of new markets
6.3.4 SENSORS
6.3.4.1 Opportunities
6.3.4.1.1 Emergence of cheaper handheld devices
7 GEOGRAPHIC ANALYSIS
7.1 NORTH AMERICA
7.2 EUROPE
7.3 ASIA PACIFIC
7.4 ROW
8 COMPETITIVE LANDSCAPE
8.1 MARKET SHARE ANALYSIS
8.2 NEW PRODUCT DEVELOPMENTS
8.3 MERGERS & ACQUISITIONS
8.4 AGREEMENTS & COLLABORATIONS
9 COMPANY PROFILES
9.1 AVESO DISPLAYS
9.1.1 OVERVIEW
9.1.2 PRIMARY BUSINESS
9.1.3 STRATEGY
9.1.4 DEVELOPMENTS
9.2 BASF SE
9.2.1 OVERVIEW
9.2.2 PRIMARY BUSINESS
9.2.3 STRATEGY
9.2.4 DEVELOPMENTS
9.3 BLUE SPARK TECHNOLOGIES
9.3.1 OVERVIEW
9.3.2 PRIMARY BUSINESS
9.3.3 STRATEGY
9.3.4 DEVELOPMENTS
9.4 CONDUCTIVE INKJET TECHNOLOGY
9.4.1 OVERVIEW
9.4.2 PRIMARY BUSINESS
9.4.3 STRATEGY
9.4.4 DEVELOPMENTS
9.5 E INK HOLDINGS, INC.
9.5.1 OVERVIEW
9.5.2 PRIMARY BUSINESS
9.5.3 STRATEGY
9.5.4 DEVELOPMENTS
9.6 EMAGIN CORP.
9.6.1 OVERVIEW
9.6.2 PRIMARY BUSINESS
9.6.3 FINANCIAL ANALYSIS
9.6.4 STRATEGY
9.6.5 DEVELOPMENTS
9.7 ENFUCELL OY LTD
9.7.1 OVERVIEW
9.7.2 PRIMARY BUSINESS
9.7.3 STRATEGY
9.7.4 DEVELOPMENTS
9.8 KOVIO INC.
9.8.1 OVERVIEW
9.8.2 PRIMARY BUSINESS
9.8.3 STRATEGY
9.8.4 DEVELOPMENTS
9.9 LG DISPLAY CO. LTD.
9.9.1 OVERVIEW
9.9.2 FINANCIAL ANALYSIS
9.9.3 PRIMARY BUSINESS
9.9.4 STRATEGY
9.9.5 DEVELOPMENTS
9.10 MAN ROLAND DRUCKMASCHINEN GMBH
9.10.1 OVERVIEW
9.10.2 PRIMARY BUSINESS
9.10.3 STRATEGY
9.10.4 DEVELOPMENTS
9.11 MARK ANDY INC.
9.11.1 OVERVIEW
9.11.2 PIRMARY BUSINESS
9.11.3 STRATEGY
9.11.4 DEVELOPMENTS
9.12 MERCK KGAA
9.12.1 OVERVIEW
9.12.2 PRIMARY BUSINESS
9.12.3 STRATEGY
9.12.4 DEVELOPMENTS
9.13 NANOSOLAR, INC.
9.13.1 OVERVIEW
9.13.2 PRIMARY BUSINESS
9.13.3 STRATEGY
9.13.4 DEVELOPMENTS
9.14 NOVACENTRIX CORPORATION
9.14.1 OVERVIEW
9.14.2 PRIMARY BUSINESS
9.14.3 STRATEGY
9.14.4 DEVELOPMENTS
9.15 NOVALED AG
9.15.1 OVERVIEW
9.15.2 PRIMARY BUSINESS
9.15.3 STRATEGY
9.15.4 DEVELOPMENTS
9.16 NTERA, INC.
9.16.1 OVERVIEW
9.16.2 PRIMARY BUSINESS
9.16.3 STRATEGY
9.16.4 DEVELOPMENTS
9.17 OSRAM OPTO SEMICONDUCTORS GMBH
9.17.1 OVERVIEW
9.17.2 PRIMARY BUSINESS
9.17.3 STRATEGY
9.17.4 DEVELOPMENTS
9.18 POLYIC GMBH & CO. KG
9.18.1 OVERVIEW
9.18.2 PRIMARY BUSINESS
9.18.3 STRATEGY
9.18.4 DEVELOPMENTS
9.19 PRINTECHNOLOGICS GMBH
9.19.1 OVERVIEW
9.19.2 PRIMARY BUSINESS
9.19.3 STRATEGY
9.19.4 DEVELOPMENTS
9.20 SIPIX IMAGING, INC.
9.20.1 OVERVIEW
9.20.2 PRIMARY BUSINESS
9.20.3 STRATEGY
9.20.4 DEVELOPMENTS
9.21 SMARTKEM LIMITED
9.21.1 OVERVIEW
9.21.2 PRIMARY BUSINESS
9.21.3 STRATEGY
9.21.4 DEVELOPMENTS
9.22 TOPPAN FORMS
9.22.1 OVERVIEW
9.22.2 PRIMARY BUSINESS
9.22.3 STRATEGY
9.22.4 DEVELOPMENTS
9.23 UNIVERSAL DISPLAY CORPORATION (UDC)
9.23.1 OVERVIEW
9.23.2 PRIMARY BUSINESS
9.23.3 STRATEGY
9.23.4 DEVELOPMENTS
9.24 VORBECK MATERIALS CORP.
9.24.1 OVERVIEW
9.24.2 PRIMARY BUSINESS
9.24.3 STRATEGY
9.24.4 DEVELOPMENTS
9.25 XAAR PLC
9.25.1 OVERVIEW
9.25.2 PRIMARY BUSINESS
9.25.3 STRATEGY
9.25.4 DEVELOPMENTS
9.26 XENNIA
9.26.1 OVERVIEW
9.26.2 PRODUCT PORTFOLIO
9.26.3 STRATEGY
9.26.4 DEVELOPMENTS
APPENDIX
U.S. PATENTS
EUROPE PATENTS
JAPAN PATENTS
LIST OF TABLES
1 PRINTED ELECTRONICS MARKET, BY GEOGRAPHY 2008 2015 ($BILLION)
2 PRINTED ELECTRONICS MARKET ENGINEERING MEASUREMENT CHART
3 COMPARISON OF CONVENTIONAL & PRINTED ELECTRONICS
4 INVESTMENTS IN THE PRINTED ELECTRONICS MARKET (2008 2011)
5 FUTURE PRINTED ELECTRONICS PRODUCTS
6 GLOBAL PRINTED ELECTRONICS MARKET, BY MATERIALS 2008 2015 ($BILLION)
7 GLOBAL SUBSTRATES MARKET, BY TYPES 2008 2015 ($BILLION)
8 GLOBAL MARKET FOR INKS USED IN PRINTED ELECTRONICS, BY TYPES 2008 2015 ($BILLION)
9 GLOBAL MARKET FOR CONDUCTIVE INKS USED IN PRINTED ELECTRONICS, BY TYPES 2008 2015 ($BILLION)
10 GLOBAL PRINTED ELECTRONICS MARKET, BY PRINTING TECHNIQUES 2008 2015 ($BILLION)
11 MARKET FOR INKJET PRINTING USED IN PRINTED ELECTRONICS, BY GEOGRAPHY 2008 2015 ($BILLION)
12 MARKET FOR SCREEN PRINTING USED IN PRINTED ELECTRONICS, BY GEOGRAPHY 2008 2015 ($BILLION)
13 MARKET FOR FLEXOGRAPHY USED IN PRINTED ELECTRONICS, BY GEOGRAPHY 2008 2015 ($BILLION)
14 MARKET FOR GRAVURE PRINTING USED IN PRINTED ELECTRONICS, BY GEOGRAPHY 2008 2015 ($BILLION)
15 GLOBAL PRINTED ELECTRONICS MARKET, BY APPLICATIONS 2008 2015 ($BILLION)
16 MARKET FOR PRINTED DISPLAYS, BY GEOGRAPHY 2008 2015 ($BILLION)
17 MARKET FOR ELECTROCHROMIC DISPLAYS, BY GEOGRAPHY 2008 2015 ($MILLION)
18 MARKET FOR ELECTROPHORETIC DISPLAYS, BY GEOGRAPHY 2008 2015 ($MILLION)
19 MARKET FOR PRINTED OLED LIGHTING, BY GEOGRAPHY 2008 2015 ($BILLION)
20 MARKET FOR OTHER APPLICATIONS, BY TYPES 2008 2015 ($BILLION)
21 MARKET FOR PRINTED RFID, BY GEOGRAPHY 2008 2015 ($BILLION)
22 GLOBAL PRINTED RFID MARKET, BY APPLICATIONS 2008 2015 ($BILLION)
23 PRINTED PHOTOVOLTAIC MARKET, BY GEOGRAPHY 2008 2015 ($BILLION)
24 GLOBAL PRINTED PHOTOVOLTAIC MARKET, BY APPLICATIONS 2008 2015 ($BILLION)
25 GLOBAL MARKET FOR PRINTED MEMORIES & BATTERIES 2008 2015 ($BILLION)
26 GLOBAL PRINTED BATTERIES MARKET, BY APPLICATIONS 2008 2015 ($BILLION)
27 MARKET FOR PRINTED SENSORS, BY GEOGRAPHY 2008 2015 ($BILLION)
28 GLOBAL MARKET FOR PRINTED SENSORS, BY APPLICATIONS 2008 2015 ($BILLION)
29 MAJOR PLAYERS OF THE TECHNOLOGY MARKET
30 MAJOR PLAYERS OF THE MATERIALS MARKET
31 NEW PRODUCT DEVELOPMENTS (2008 2010)
32 MERGERS & ACQUISITIONS (2008 2010)
33 AGREEMENTS & COLLABORATIONS
LIST OF FIGURES
1 ROADMAP FOR PRINTED ELECTRONICS
2 PRINTING TECHNIQUES
3 PRINTING TECHNIQUE LIFECYCLE
4 POTENTIAL OF PRINTED ELECTRONICS APPLICATIONS
5 PORTERS FIVE FORCES
6 IMPACT ANALYSIS OF THE DRIVERS
7 IMPACT ANALYSIS OF THE RESTRAINTS
8 PATENT ANALYSIS, BY GEOGRAPHY (2004 2010)
9 PATENT ANALYSIS, BY APPLICATIONS (2004 2010)
10 MAJOR INK MANUFACTURERS, BY GEOGRAPHY
11 GLOBAL MARKET FOR OTHER PRINTING TECHNIQUES
12 SHIPMENTS FOR DISPLAY ENABLED SMART CARDS
13 EFFECT OF FALLING PRICE OF E-READERS ON THEIR SHIPMENTS
14 RESTRAINTS OF OLED DISPLAYS
15 EFFECT OF FALLING PRICES OF PRINTED RFID TAGS
16 ADVANTAGES OFFERED BY RFID TO SMART PACKAGING APPLICATIONS
17 NORTH AMERICA: PRINTED ELECTRONICS MARKET
18 EUROPE: PRINTED ELECTRONICS MARKET
19 ASIA PACIFIC: PRINTED ELECTRONICS MARKET
20 ROW: PRINTED ELECTRONICS MARKET
21 GLOBAL MARKET SHARE ANALYSIS FOR PRINTING TECHNIQUES (2010)
22 MARKET SHARE ANALYSIS FOR SUBSTRATES & INKS (2010)
23 STRATEGIES DEPLOYED BY THE PLAYERS (2008 2010)
Printed Electronics Market, Global Forecasts - 2010-2015
The printed electronics (PE) industry has experienced tremendous transformation in the last few years, moving out of the lab to progress to large scale manufacturing. Printed electronics, on account of its low cost printing methods, has evoked great interest in the electronics industry. Printed electronics makes use of a variety of substrates including paper, plastic, and glass. Different printing technologies that can be used include ink-jet, screen, vacuum deposition, gravure, flexography, offset, and nano imprint lithography.
The benefits offered by printed electronics technology such as low manufacturing cost incurred and ability to use wide variety of substrates are driving the global printed electronics market. The global printed electronics market is expected to grow from $2.8 billion in 2008 to $24.25 billion in 2015, at a CAGR of 38.4% from 2010 to 2015.
Source: MarketsandMarkets
The printed electronics market is also characterized by a highly complex value chain involving product manufacturers, material suppliers, technology developers, and manufacturing equipment developers. Partnerships between research organizations and the industry players help in streamlining the path from the lab to commercialization. In order to also avail the first mover benefit, companies need to collaborate with each other so as to develop products and technologies that are unique, innovative, and cost effective.
Several existing PE manufacturers, new start-ups, research organizations, and universities are constantly coming up with innovative ideas. The printed electronics market is expected to grow exponentially over the next five years with the emergence of new applications and cost competitive products.