Global 3D Printed Electronics Market Insights

Global 3D Printed Electronics Market size was valued at USD 10.6 billion in 2021 and is poised to grow from USD 12.22 billion in 2022 to USD 38.2 billion by 2030, growing at a CAGR of 15.31% in the forecast period (2023-2030).

3D printed electronics is a new program that allows electronics to be integrated into or on top of devices. The concept of 3D printing has been widely applied to the exterior of 3D injection molded synthetic objects to add antennas and simple conductive interconnects. With technological advancements in the 3D printed electronics business, new techniques can be used to create materials and processes to create sophisticated circuitry inside parts. Customization can be a valuable advantage in the development of fully formed additive manufacturing parts for circuit boards or any computerized device. The demand for small, thin devices with advanced capabilities is insatiable. However, difficult tasks such as designing a PCB or printed circuit board and its components are usually outsourced, resulting in longer waiting times. With the introduction of 3D printing, it is now possible to create in-house prototypes of circuits and circuit boards, reducing cost, time, and concerns about intellectual property infringement. Improved efficiency and productivity of manufacturers, as well as lower material costs, are expected to drive the global 3D printed electronics market during the forecast period.

Increased production of products with reduced weight, ease of use, and improved technology in manufacturing electrical components, all benefit the market. Increased production of antenna and sensor printing in 3D form stimulates the market. The rapid adoption of newly developed technologies in many sectors, as well as increasing consumer demand in industries such as the health sector, defence, telecommunication, automobile industry, electrification system, power utility, aerospace, and many others. The market is expected to flourish with the increased competition due to new arrivals and the availability of increased performance. Rising market participants and increased investment in the electronics and automobile industries have boosted market rates. However, the cost of new equipment and material for printed electronics are high, may this factor hamper market growth.

Global 3D Printed Electronics Market Segmental Analysis

Global 3D printed electronics market is segmented on the basis of printing technology, material and region. On the basis of printing technology, global 3D Printed Electronics Market is segmented into inkjet printing, screen printing, gravure printing, and flexographic printing. On the basis of material, global 3D Printed Electronics Market is segmented into ink, polymer, paper and glass. On the basis of region, global 3D Printed Electronics Market is divided into North America, Europe, Asia Pacific, Latin America, and MEA.

3D Printed Electronics Market Analysis by Printing Technology

On the basis of printing technology, global 3D printed electronics market is segmented into inkjet printing, screen printing, gravure printing, and flexographic printing. The inkjet segment accounted for a significant share of the revenue in the global market. The rapidly increasing adoption of this unique and advanced technology is fuelling the rapid growth of this segment. Inkjet printers are adjustable and versatile and easy to set up. Inkjet printers have a low throughput of about 100 m2/h and low resolution (about 50 m). It works well with soluble, low-viscosity materials such as organic semiconductors. High-viscosity materials, such as organic dielectrics, and dispersed particles, such as inorganic metal inks can cause nozzle obstruction. The thickness and uniformity of the dispersion decrease as the ink is applied in droplets. Using multiple nozzles simultaneously and pre-forming the substrate can improve productivity and resolution.

3D Printed Electronics Market Analysis by Material

On the basis of material, global 3D printed electronics market is segmented into ink, polymer, paper and glass. The ink materials segment accounted for the largest revenue share in the printed electronics market. The increasing growth of this segment is due to the rapid market acceptance of this substance. The increasing adoption of printed electronics technology has allowed the widespread use of inks in a wide range of applications in many fields. Also, inks are becoming more readily available in the market, making them more accessible to buyers.