Printed Sensor Market Scope
The demand for printed sensors is rapidly increasing with evolution in the smart packaging industry. These devices enhance packaging in terms of providing additional information & verification which helps to draw consumer attention on the product. Moreover, increasing demand touch-enabled and IoT integrated electronic devices are expected to provide sustainable growth prospects to the industry. In addition, rising demand from the end-use industries further expected to drive the market demand during the forecasted period.
According to AMA, the Global Printed Sensor market is expected to see growth rate of 6.72%
The printed sensor market is fragmented owing to the presence of several small and large dealers who compete in terms of price, quality, reputation, innovation, and distribution. The rapidly changing consumer spending pattern has increased the market scenario, consequently affecting the producer’s performance. To sustain themselves in such a competitive market environment, it is important for the market players to discriminate their product offerings through a unique and clear value proposition. Also, vendors need to focus on the expansion of their distribution channels to increase their product availability and market penetration. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Printed Sensor market throughout the predicted period.
Interlink Electronics, Inc. (United States), Thin Film Electronics ASA (Norway), ISORG (France), Peratech Holdco Ltd (United Kingdom), KWJ Engineering Inc., (United States), GSI Technologies, LLC (United States), Canatu Oy (Finland), MC10, Inc. (United States) and PolyIC GmbH & Co. KG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are PST Sensors (South Africa) and Tekscan, Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Printed Sensor market by Type (Printed Biosensors, Printed Touch Sensors, Printed Gas Sensors, Printed Humidity Sensors, Printed Image Sensors, Printed Pressure Sensors, Printed Temperature Sensors and Printed Proximity Sensor), by Application (Consumer Electronics [Smartphones, Wearable Devices, Others], Environmental Monitoring, Industrial Equipment, Medical Devices, Building Automation, Smart Packaging and Others) and Region with country level break-up.
On the basis of geography, the market of Printed Sensor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
2018, FT Technologies manufacturer of ultrasonic wind sensors Launched Graphite Am 3d Printed Sensor for drones.
Market Trend
- Growing Applications in the Medical Wearable Devices
- Increasing Integration of Biosensors in Environmental Monitoring Application
Market Drivers
- Growing Prominence of Smart Packaging
- Increasing Applications in Specialized Robots and Consumer Electronics
Opportunities
- Emergence of Internet of Things (IoT) in Printed Circuit Market
- Rising Demand for Touch-Enabled Electronic Devices
Restraints
- Technical Complications in Choosing the Right Materials for Printed Sensors
- High Set-Up Investment Associated With Printed Sensors
Challenges
- Meeting the Required Level of Performance in Real-Time Applications
Key Target Audience
Associations and Industrial Bodies, End-User Industries, Government Bodies Such As Regulating Authorities and Policy Makers, Market Research and Consulting Firms, Printed Sensors Manufacturers, Printed Sensors Traders/Suppliers, Raw Chemical Suppliers and Distributors, Research Institutes and Organizations, Sensor Manufacturers and Others