Printed electronics market- Is its growth potential becoming a threat to current suppliers?
Department of Industrial Engineering, Faculty of Engineering, Albstadt-Sigmaringen University, Germany.
Research Article
World Journal of Advanced Research and Reviews, 2022, 15(03), 228–239
Article DOI: 10.30574/wjarr.2022.15.3.0914
Publication history:
Received on 10 August 2022; revised on 13 September 2022; accepted on 15 September 2022
Abstract:
3D printing in general and printed electronics in particular are attracting increasing interest. The markets for these technologies are growing faster than average. The aim of the present study is, on the one hand, to examine the growth potential for the next few years and, on the other hand, to analyze the suppliers of these technologies in relation to the competitive situation. The studies of existing market research institutes as well as databases for suppliers were used for the implementation. The results show that the expected annual market growth for 3D printing in general and printed electronics in particular is in the low positive double digits. The suppliers currently come mainly from North America and Europe. Furthermore, disproportionate growth is to be expected in the Asia-Pacific region in the future, which makes it likely that there will be more suppliers from this region. In this respect, the results of this study could be understood as early indicators that the positive growth expectations for 3D printing and printed electronics, increasing patent applications and the current global market distribution for the current suppliers could trigger negative effects in the near future, namely the emergence of various new suppliers and the fight for technological leadership - especially in the Asia-Pacific region - analogous to the photovoltaic market.
Keywords:
Printed Electronics; 3D Printing; Market; Supplier; Technology; Growth
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