TAGS: Inks
Roll-to-roll (R2R) printed flexible electronics market for inkjet printing expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the benefits offered by non-contact inkjet printing in terms of increased scalability and its significant potential to meet the rising market demand for customized and flexible electronic solutions. Inkjet printing also facilitates the development of compact and lightweight printed flexible electronic devices and circuits such as PV cells and sensors.
Inks segment Expected to Lead R2R Printed Flexible Electronics Market
The inks segment of the market is projected to grow at a higher CAGR during the forecast period. Inks are one of the key materials used for the fabrication of roll-to-roll (R2R) printed flexible electronic devices and circuits. The increased demand for advanced printing technologies and improved quality conductive inks and compact devices are fueling the growth of the inks segment of the market.
The roll-to-roll (R2R) printed flexible electronics market in the Americas is led by North America. It is one of the most technologically advanced regions in terms of the development and adoption of roll-to-roll (R2R) printed flexible electronics. Increased use of roll-to-roll (R2R) printed electronic components in consumer electronics such as LCD and OLED displays, as well as in the automotive industry in the Americas, is fueling the growth of the roll-to-roll (R2R) printed flexible electronics market in the region.
Moreover, increasing spending of countries of the region on their aerospace & defense sectors to incorporate innovative technologies such as roll-to-roll (R2R) printed flexible electronics in them is also expected to fuel the growth of the market in the Americas during the forecast period.
Samsung (South Korea), LG Electronics (South Korea), Palo Alto Research Center (US), Agfa-Gevaert (Belgium), Molex (US), Nissha USA (US), DuPont (US), BASF (Germany), NovaCentrix (US), E Ink Holdings (Taiwan), and Ynvisible Interactive (Portugal) are among a few major players in the roll-to-roll (R2R) printed flexible electronics market.
Source: MarketsandMarkets™