Technology & Media
3D Printed Electronics Market Forecasts to 2028 – Global Analysis By Product (Glass, Paper, Polymers, Ink, Antennas, Heaters, Sensors, PCB and Other Products), By Printing Technology (Flexographic Printing, Gravure Printing, Screen Printing, Inkjet Printi
3D Printed Electronics Market Forecasts to 2028 – Global Analysis By Product (Glass, Paper, Polymers, Ink, Antennas, Heaters, Sensors, PCB and Other Products), By Printing Technology (Flexographic Printing, Gravure Printing, Screen Printing, Inkjet Printi
3D Printed Electronics Market Forecasts to 2028 – Global Analysis By Product (Glass, Paper, Polymers, Ink, Antennas, Heaters, Sensors, PCB and Other Products), By Printing Technology (Flexographic Printing, Gravure Printing, Screen Printing, Inkjet Printing and Other Printing Technologies), By Resolution, By Application, By Transport Techniques, By End User and By Geography
According to Stratistics MRC, the Global 3D Printed Electronics Market is accounted for $12.43 billion in 2022 and is expected to reach $32.40 billion by 2028 growing at a CAGR of 17.31% during the forecast period. From a computer model, 3D printing creates three-dimensional useful objects. To build the finished product, additive methods are used to lay down successive layers of materials. Numerous industries, including electronics, automotive, aerospace, metalworking, and jewellery, are using the technique. The most profitable growth market for 3D printing has emerged globally as electronics. Electronics that are 3D printed are mostly used as prototyping tools since they provide advantages such in-house prototyping, design freedom, and individualised design. To minimise total device size and complexity, electronic components like antennas, sensors, and displays are to be printed directly over base surfaces. These benefits are driving the use of 3D printing in the electronics industry.
According to the China Association of Automobile Manufacturers (CAAM), from January to March of 2023, passenger cars production and sales accounted for 5.262 million and 5.138 million units, respectively, with an increase of 4.3% and 7.3%, respectively, on a year-on-year basis. Similarly, commercial vehicle production and sales accounted for 948000 and 938000 units, respectively, with an increase of 3.9% and 2.9% year-on-year.
Market Dynamics
Driver
Increasing popularity of 3D Printing
Since 3D printing has become more accessible to consumers and small enterprises with less technical expertise, its appeal has grown substantially in recent years. A wide variety of CAD programmes that have been developed and are now expanding quickly have made 3D printing possible. Numerous industries and sectors, including the automotive, aerospace and defence, industrial and commercial, medical, governmental, building and educational, employ the technology. Additionally, adopting this technology allows factories to produce goods with fewer resources, such as labour and materials. Thus, the market is anticipated to be driven in the future by R&D initiatives and creative applications of 3D printing materials.
Restraint
Difficulty in task integration
Electronics may be printed using 3D technology using a variety of processes, and printing technology is widely used in many different industries. Possessing several selection-related factors, such as choice of material and substrate, choice of printing pattern incorporating new technologies into the system software while integrating the hardware design and developed software for creating 3D prints. When using 3D printing electrical techniques with widespread developments, the difficult task of integrating sensors, displays, embedded monitors, circuits, and other electrification systems involved for integration in to the circuit plays a significant role.
Opportunity
Rapid surge in demand for smart and connected devices
The Internet of Things (IoT) has caught the attention of technology vendors, organisations, business decision-makers, and consumers because to ongoing breakthroughs in semiconductor and sensor technology. Data transfer rates, cellphone connection, and cloud infrastructure development have all improved. IoT can be deployed with a variety of smart and connected devices. Smart houses, connected autos, and smart appliances are just a few of its many impressive applications. With the growing acceptance of IoT in wearable technology, smart packaging solutions, intelligent apparel, and medical wearables for ubiquitous sensing as well as for secured data storage and data transfer, there has been an increase in demand for affordable and lightweight printed electronics.
Threat
Cyber security risks associated with 3D printing
Risks related to cyber security are rising in the electronics manufacturing sector due to the use of additive manufacturing. Due to the fact that 3D printing includes the production of devices from a digital layout, there is a considerable danger of design theft, intentional component failure, and design theft. With a rising number of applications in industrial, consumer, and wearable electronics, the security threats associated with using 3D printing in production and assembly processes are increasing. For instance, 3D-produced medical components like implants and prosthetics deal with individual patient health information and are prone to data breach. Due to their ease of transmission, CAD files—which contain the priceless digital models used to produce things using additive manufacturing—are popular targets for cybercrime.
Covid-19 Impact
The global market for 3D printed electronics was adversely affected by the spread of COVID-19 when lockdowns were enacted. Due to the decrease in demand from electronic OEMs for functional components, the market has seen the effects on the demand side. However, the variety of materials has continued to expand even before the effects of COVID-19, with major makers of 3D printer equipment investing a lot of money in bringing new materials to market. Before the pandemic, the range of materials that were compatible with 3D printed electronics kept growing as customers requested better products with more options and flexibility, which raised the product's demand in the market. The need for 3D printed electronics has dramatically decreased during the pandemic, primarily as a result of a decline in demand from several industries.
The antennas segment is expected to be the largest during the forecast period
The antennas segment is estimated to have a lucrative growth. The technological and environmental advantages of this product, as well as its potential for cost savings, are what primarily fuel demand for it. A 3D printed antenna is meant to take up less room because, in compared to conventional designs, its physical dimension is quite tiny. Researchers were able to create the antenna arrays in their new format thanks to 3D printing.
The inkjet printing segment is expected to have the highest CAGR during the forecast period
The inkjet printing segment is anticipated to witness the highest CAGR growth during the forecast period, due to unique and innovative technology's rapid acceptance, which is boosting the segment's rapid expansion. Inkjet printers may be adjusted, adaptable, and simple to set up. The throughput and resolution of inkjet printers are both low (about 100 m2/h and 50 m, respectively). It functions well with materials that are soluble and have low viscosity, like organic semiconductors. However, nozzle blockage can be brought on by highly viscous substances like organic dielectrics and scattered particles like inorganic metal inks.
Region with largest share
North America is projected to hold the largest market share during the forecast period owing to the widespread use of 3D printing technology in a variety of industry verticals, particularly aerospace & defence, and in nations like the United States and Canada. Due to the presence of big firms and their embrace of 3D printing for expedited design testing and production advantages, the U.S. led the North American 3D printed electronics market. The aerospace and defence sector sees numerous R&D investments from government and business in new and developing technologies since it is essential to maintaining U.S. national security and boosting its economy.
Region with highest CAGR
Asia Pacific is projected to have the highest CAGR over the forecast period, owing to shifting customer preferences and an increasing need for affordable alternatives to traditional production, 3D printed electronics applications are expanding in industries like automotive, aerospace, defence, and consumer electronics. Additionally, the market for 3D printed electronics is being driven by the expanding use of electrical devices in vehicle components. The global market for 3D printed electronics is influenced by a number of variables.
Key players in the market
Some of the key players profiled in the 3D Printed Electronics Market include Samsung Electronics Co. Ltd, Agfa- Gevaert Group, LG Display Co Ltd, Molex, LLC, E Ink Holdings, BASF, DuPont de Nemours, Inc, Nissha Co, Ltd, Nova Centrix, Palo Alto Research Center Incorporated, BotFactory Inc, Cartesian Co, NScrypt Inc, EoPlex Technologies, Neotech AMT and Optomec, Inc.
Key Developments
In September 2021, Samsung Electronics Co.Ltd introduced the monitor with the display size of 24inch integrated with webcam over the monitor S4. Model name is S40VA, designed according to the needs of the hybrid workers. Webcam, speakers, microphone integrated and installed in the monitors for easy utilization of the monitor with improved connectivity.
In July 2021, Acquisition of Laired Performance Materials from the company DuPont. With solutions such as electromagnetic shield and management of the thermal solutions. Which help to boost the electrification system and the industries.
In April 2021, DATA MODUL and E Ink holdings signing of the agreement a well established company known for the embedded monitors, touch, display, increased selling in US and Europe market.
In January 2021, LG Electronics with improved acquiring with control of stake in TV and measurement. Which provides company with more services and increased content to the customers.
Products Covered
• Glass
• Paper
• Polymers
• Ink
• Antennas
• Heaters
• Sensors
• PCB
• Other Products
Printing Technologies Covered
• Flexographic Printing
• Gravure Printing
• Screen Printing
• Inkjet Printing
• Other Printing Technologies
Resolutions Covered
• More than 200 line/CM
• 100 to 200 lines/CM
• Less than 100 lines/CM
Applications Covered
• Photovoltaic Cells
• Lighting
• RFID Tags
• Battery
• Electroluminescent (EL) Displays
• Displays
• Rapid Prototyping
• Other Applications
Transport Techniques Covered
• Roll to Roll
• Sheet to Shuttle
• Sheet to Sheet
End Users Covered
• Automotive and Transportation
• Healthcare
• Consumer Electronics
• Aerospace and Defense
• Construction and Architecture
• Retail and Packaging
• Telecom
• Medical
• Other End Users
Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities,Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements