3D Printed Electronics Market - Expand at the Fastest CAGR of 45.11% from 2018-2026

Market-Research

The global 3D printed electronics market is expected to reach US$ 3,915.0 Mn by 2026. The market is projected to expand at a CAGR of 44.46% during the forecast period from 2018 to 2026. According to the report, the global 3D printed electronics market will continue to be influenced by the growing demand for light weight, miniature, and high performance electronic components which find applications where space is a constraint and performance is of pivotal importance. North America region is projected to be at the forefront of global demand, with the market in the region growing at a CAGR of above 43.76% through 2026.

One of the prominent reasons for the growth of the 3D printed electronics market is the advantages associated with 3D printed electronic products. By 3D printing the electronics, it is possible to produce miniature electronic components in applications where space is a constraint.

The method of 3D printing enables the user to produce electronic components which are light weight, enable high performance, and facilitate more streamlined design. Furthermore, electronic components such as sensors and antennas can be directly printed on the 3D surfaces which eliminate the need of circuitry. Thus, due to the above advantages, an increasing number of industries are resorting to 3D printed electronics components.

A key trend prevalent in the 3D printed electronics market is the increasing participation of leading players in various exhibitions and conferences with an aim to promote their 3D printed electronic products.

For instance in May 2018, Enfucell, a printed power source provider, participated in the 9th International Conference on Flexible and Printed Electronics, which is among the prominent conferences involving printed and flexible electronics.

Based on product type, the global 3D printed electronics market has been segmented into antenna, sensor, PCB, MID, and others (IPD, semiconductor, OLED screens). In 2017, the antenna segment was the highest revenue generating segment.

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