Printed Electronics Market with COVID-19 Impact Analysisby Printing Technology (Screen Printing, Inkjet Printing), Application(Displays, PV Cells), Resolution, Material (Inks, Substrates), End-use Industry, and Geography - Global Forecast to 2026
The report "Printed Electronics Market with COVID-19 Impact Analysis by PrintingTechnology (Screen Printing, Inkjet Printing), Application (Displays, PVCells), Resolution, Material (Inks, Substrates), End-use Industry, and Geography - Global Forecast to 2026", is projected to reach USD 23.0billion by 2026 from an estimated USD 9.9 billion in 2021, at a CAGR of 18.3% from 2021 to 2026. Increased demand for printed electronic products in automotive and transportation industry and growth of the consumer electronics industry are among the factors driving the growth of the printed electronics market.
Browse 205 market data Tables and 72 Figuresspread through 280 Pages and in-depth TOC on "PrintedElectronics Market with COVID-19 Impact Analysis by Printing Technology (ScreenPrinting, Inkjet Printing), Application (Displays, PV Cells), Resolution, Material (Inks, Substrates), End-use Industry, and Geography - Global Forecast to 2026"
The printed electronics market is projected to grow at aCAGR of 18.3% from 2021 to 2026
[280 Pages Report] The global printedelectronics market is projected to reach USD 23.0 billion by 2026 from anestimated USD 9.9 billion in 2021, at a CAGR of 18.3% from 2021 to 2026.
Growth of the consumer electronics industry and increasedadoption of IoT by end-use industries are among the factors driving the growthof the printed electronics market.
COVID-19 Impact on the Global Printed Electronics Market
The outbreak and the spread of the COVID-19 harmed theprinted electronics market in 2020, resulting in decreased shipments of printedelectronics. This resulted in a decline in revenue. As a result, a dip was witnessed in market growth during the first half of 2020. This trend continued to prevail till Q1 2021.
The spread of COVID-19 has impacted the display industry asmanufacturers of display panels were witnessing production disruptions causedby lockdowns imposed in different countries since this industry is labor-intensive. The impact can be witnessed in the case of LG Display Co., Ltd., which focused on expanding its OLED production by ramping up production at its Guangzhou plant in China. The company faced production delays due to the COVID-19 pandemic, resulting in a reduction in display shipment
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