Printed and Flexible Sensors Market is Due to the Rising Application Across Various End-Use Industries and Garnering US$ 18.8 Billion by 2033, Recording a CAGR of 7.1% from 2023 to 2033 | Future Market Insights, Inc.

PRESS RELEASE
Published June 13, 2023

NEWARK, DE / ACCESSWIRE / June 12, 2023 / The global printed and flexible sensors market size is likely to be valued at US$ 9.5 billion in 2023. The increasing application of printed and flexible sensors in consumer electronics is driving market growth. The market is estimated to garner US$ 18.8 billion in 2033, recording a CAGR of 7.1% from 2023 to 2033

Increasing application of printed and flexible sensors in healthcare, automotive, consumer electronics, aerospace, and environmental monitoring are likely to drive market growth during the forecast period. the increasing demand for smart and wearable devices in many industries drives the demand for printed and flexible sensors.

Increasing use of the Internet of Things (IoT), artificial intelligence, and integration of sensors in many objects, fuels the demand for printed and flexible sensors. Increasing demand for wearable devices, such as fitness trackers and smartwatches, is expected to boost the printed and flexible sensors market growth during the forecast period.

Find an overview of market size and forecast along with the research methodology. This Sample report is available in PDF format.

Printed and flexible sensors are witnessing rapid growth in the healthcare industry. The increasing healthcare expenditure, and focus on healthcare modernization drive the adoption of printed and flexible sensors in healthcare applications.

The expansion of the automotive industry and government initiatives to promote electric mobility contribute to the growth of printed and flexible sensors. Increasing the use of electric and connected vehicles and increased demand for these sensors in car interiors, battery management system offers a lucrative opportunity for market expansion.

North America is emerged as a major consumer of printed and flexible sensors owing to the increasing application in the industrial sector. Europe is expected to show high growth in the industry due to increased technological innovation in many industries and rising urbanization.

The rapid technological advances in the development of new and high-quality materials for manufacturing these sensors have opportunities for market expansion in the forecast period.

Key Takeaways from the Market Study

  • From 2018 to 2022, the market demand expanded at a CAGR of 9.2%
  • Based on technology, the inkjet printing segment accounts for a CAGR of 6.9%
  • By type, the biosensors segment is expected to expand at a CAGR of 6.7% during the forecast period
  • North America to emerge as a promising market, capturing a CAGR of 7.0%
  • Asia Pacific is an opportunistic market, expected to capture a CAGR of 6.7% during the forecast period.

"Growing technological innovation and increased popularity of smart wearable devices and increased disposable income are expected to drive the market in the forecast period. The increasing demand for biosensors globally is projected to play a vital role in strengthening the market".

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Competitive landscape

Prominent players in the printed and flexible sensors market are Alps Alpine Co., Ltd.; Agromatic AG; Aeco s.r.l.; American Semiconductor, Inc.; Azoteq Pty., Ltd. among others

  • PolyIC, a subsidiary of Leonhard Kurz, focuses on the development and production of printed electronics, including printed sensors. The company offers printed touch sensors, capacitive switches, and flexible electronic components for various industries, such as automotive, home appliances, and consumer electronics.
  • Peratech is known for its Quantum Tunnelling Composite (QTC) technology, which enables the production of force-sensing solutions and pressure-sensitive touch screens. Peratech's flexible sensors provide precise and reliable touch and pressure-sensing capabilities, finding applications in wearables, consumer electronics, automotive, and robotics.

Know More about What the Printed and Flexible Sensors Market Report Covers

Future Market Insights offers an unbiased analysis of the global printed and flexible sensors market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the printed and flexible sensors market, the market is segmented based on technology and type across five major regions.

Key Segments Covered in the Printed and Flexible Sensors Industry Analysis

By Technology:

  • Inkjet Printing
  • Flexographic Printing
  • Screen Printing
  • Gravure Printing

By Type:

  • Biosensors
  • Capacitive
  • Piezoelectric
  • Piezoresistive
  • Others

By Region:

  • North American
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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Table of Content (ToC):

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and Their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyers

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter's Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Technology, 2018 to 2022

5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Technology, 2023 to 2033

5.3.1. Inkjet Printing

5.3.2. Screen Printing

5.3.3. Flexographic Printing

5.3.4. Gravure Printing

5.3.5. Others

5.4. Y-o-Y Growth Trend Analysis By Technology, 2018 to 2022

5.5. Absolute $ Opportunity Analysis By Technology, 2023 to 2033

Read More about detailed ToC @ https://www.futuremarketinsights.com/toc/rep-gb-17282

Have a Look at Related Research Reports of the Technology domain:

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Survey and Feedback Management Software Market Sales: The survey and feedback management software market is garnering substantial momentum and is anticipated to record a CAGR of 16.5% during the forecast period.

Printed Electronics Market Forecast: The global printed electronics market was valued at USD 10.59 billion in 2022 and is expected to grow at a CAGR of 22.3% during the forecast period due to the rapid adoption of printed electronic products. By 2032, the printed electronics market is expected to reach US$79.29 billion.

Printed Sensors Market Outlook: The global printed sensors market is forecasted to be appraised at US$ 151.2 Billion by 2032, up from US$ 91.8 Billion in 2022. The printed sensors market share is projected to witness a CAGR of 5.1% during the forecast period.

Printed Electronics Devices Market Share: The global printed electronics devices market size is estimated to be valued at US$ 9,552.0 Million in 2022 and is projected to surpass US$ 40,877.0 Million by 2032. The demand for printed electronics devices is projected to grow at a CAGR of 15.6% during the forecast period 2022 to 2032.

Fingerprint Sensors Market Demand: The fingerprint sensors revenue by the end of 2021 was US$ 3.4 Billion. The market is expected to reach US$ 10.2 Billion by 2032, as it is estimated to grow at a CAGR of 10.6% from 2022 to 2032.

Chemical Sensors Market Growth: The chemical sensors market is estimated to grow at a CAGR of 9.8 % from 2022 to 2032. Chemical sensors are in high demand due to the rising number of pollutants discharged into the atmosphere and the advantages of sensors in analysing the chemical composition of various samples and acting as a chemical detector are influencing the use of chemical sensors.

Body Worn Temperature Sensors Market Trends: The global Body Worn Temperature Sensors Market was valued at around US$ 53.6 Million in 2021. With a projected CAGR of 24% for the next ten years, the market is likely to reach a valuation of nearly US$ 608.7 Million by the end of 2032.

Flexible Electronics Market Value: The global flexible electronics market is growing at a modest pace to record a CAGR of 8.5% from 2022 to 2032. Flexible electronics are the new class of electronics that are bendable, stretchable, and twistable that enables the manufacturing and enhancement of the capabilities and features of new digital products. The wide range of products on the market is both consumer-oriented and industrial.

Flexible Barrier Films for Electronics Market Type: The flexible barrier films for electronics Market revenue totalled US$ 33.8 Million in 2021 and is estimated to reach US$ 188.4 Million by 2032, growing at a CAGR of 18.7% for 2022 - 2032.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

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