Global Printed Electronics Market Outlook 2017-2023
June 15, 2018 | Business WireEstimated reading time: 1 minute
Global printed electronics market is accounted for $3.26 million in 2016 and is expected to reach $16.36 million by 2023 growing at a CAGR of 25.9% during 2017-2023.
Factors such as growing acceptance in different manufacturing applications & electronic products, rising requirement for adaptable electronics, low manufacturing expenditure, and eco-friendly innovation are fueling the market growth. However, complex assembling processes and other material difficulties are hampering the growth of the market.
By technology, 3D printing is a procedure of manufacture three dimensional solid objects from a digital folder. Growing concerns regarding decrease in manufacturing price and straightforwardness in improvement of personalized Products are some of the factors propelling the market growth. The production of a 3D printed object is accomplished by utilizing additive processes.
In additive process an object is made by setting down progressive layers of material until the point that the object is made. Every layer can be viewed as a finely sliced flat cross-area of the eventual object. It permits to create complex shapes utilizing less material than customary manufacturing techniques.
By application, a humidity sensor detects, measures and reports the relative humidity in the air. It measures both humidity and air temperature. Relative humidity is the proportion of real moisture in the air the maximum quantity of moisture that can be taken at that air temperature. It utilises capacitive estimation, which depends on electrical capacitance. Electrical capacitance is the capacity of tw-adjacent electrical conductors to make an electrical field between them. The sensor is made out of tw-metal plates and contains a non-conductive polymer film among them.
Asia Pacific is attributed to be major revenue contributors to the market owing to the presence of several Semiconductor foundries in this region and the presence of major electronics manufacturing companies in countries such as China, Japan, India, Taiwan, and South Korea. North American and European regions are expected to grow lucaratively owing to the increasing investments in R&D and adoption of the technology in various industrial applications such as photo voltaic, lighting, and RFID devices.
Suggested Items
Elevating PCB Design Engineering With IPC Programs
04/24/2024 | Cory Blaylock, IPCIn a monumental stride for the electronics manufacturing industry, IPC has successfully championed the recognition of the PCB Design Engineer as an official occupation by the U.S. Department of Labor (DOL). This pivotal achievement not only underscores the critical role of PCB design engineers within the technology landscape, but also marks the beginning of a transformative journey toward nurturing a robust, skilled workforce ready to propel our industry into the future.
Fujitsu, METRON Collaborate to Drive ESG Success
04/24/2024 | JCN NewswireFujitsu Limited and METRON SAS, a French cleantech company specializing in energy management solutions for industrial decarbonization, today announced a strategic initiative to contribute to the realization of carbon neutrality in the manufacturing industry.
Real Time with... IPC APEX EXPO 2024: Final Finishes and IC Substrate Manufacturing
04/24/2024 | Real Time with...IPC APEX EXPOEditor Marcy LaRont and Richard DePoto, Uyemura's Business Development Manager, engage in a comprehensive discussion about the positive aspects of the show, the benefits of RAIG in final finishes, and the hurdles faced when upgrading your surface finish. Also discussed are the role of Uyemura's MEC pretreatment agents in IC substrate manufacturing and the importance of collaboration and knowledge sharing.
Women MAKE Awards Recognizes GlobalFoundries’ Jennifer Robbins and Katelyn Harrison for Manufacturing Excellence
04/24/2024 | GlobalFoundriesThe Manufacturing Institute (MI)—the workforce development and education affiliate of the National Association of Manufacturers—honored two outstanding women from GlobalFoundries (GF) at their annual Women MAKE Awards. Jennifer (Jenny) Robbins, Senior Director, Central Facilities, was recognized as a 2024 Women MAKE Awards Honoree, while Katelyn Harrison, Senior Integration Engineer, was honored as an Emerging Leader.
GlobalFoundries Commits to Achieving Net Zero Emissions and Carbon-Neutral Power by 2050
04/23/2024 | GlobalFoundriesGlobalFoundries (GF) is furthering its commitment to sustainable operations and fighting climate change with the announcement of two new long-term goals to achieve net-zero greenhouse gas (GHG) emissions and 100% carbon-neutral power by 2050.