Market Overview:
India printed electronics market size reached US$ 518.64 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,180.47 Million by 2032, exhibiting a growth rate (CAGR) of 16.10% during 2024-2032. The inflating need for energy-efficient, thin, and sustainable consumer electronics is primarily driving the market growth across the country.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 518.64 Million |
Market Forecast in 2032
|
US$ 2,180.47 Million |
Market Growth Rate 2024-2032 |
16.10% |
Printed electronics involve the development of electronic devices on substrates like foil, paper, glass, and fabric polymers, utilizing carbon-based compound inks and various printing technologies including inkjet printers, flexography, gravure, and screen-printing. Common applications of printed electronics encompass wearable devices, flexible keyboards, electronic skin patches, biosensors, display units, organic light emitting diode (OLEDs), and photovoltaic cells. In contrast to traditional electronics, printed counterparts offer environmental friendliness, reduced weight, flexibility, cost-effectiveness, and lower power requirements. Consequently, they see widespread utilization in diverse industries, including aerospace, automotive, healthcare, and consumer electronics.
India Printed Electronics Market Trends:
The India printed electronics market has emerged as a dynamic and innovative sector, reflecting the country's adoption of advanced technologies in various industries. These applications underscore the versatility and adaptability of printed electronics to meet diverse technological needs. Additionally, compared to traditional electronics, printed electronics offer several advantages, making them increasingly attractive in India's industrial landscape. Moreover, they are recognized for their environmental friendliness, lightweight nature, flexibility, cost-effectiveness, and lower power requirements. These attributes align with the evolving preferences of industries such as aerospace, automotive, healthcare, and consumer electronics in India. The aerospace and automotive sectors in India benefit from the lightweight and flexible nature of printed electronics, contributing to enhanced efficiency and innovation in design. Furthermore, the consumer electronics industry leverages the cost-effectiveness and adaptability of printed electronics in various devices, which is acting as another significant growth-inducing factor. Besides this, as India continues to embrace technological advancements, the printed electronics market is expected to play a pivotal role in fostering innovation and addressing industry-specific challenges. The versatility and eco-friendly attributes of printed electronics position them as key components in India's journey toward technological advancement and sustainable practices across diverse sectors, which is anticipated to fuel the market growth over the forecasted period.
India Printed Electronics Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on material, technology, and device.
Material Insights:
The report has provided a detailed breakup and analysis of the market based on the material. This includes ink and substrate.
Technology Insights:
- Inkjet
- Screen
- Gravure
- Flexographic
A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes inkjet, screen, gravure, and flexographic.
Device Insights:
- Display
- Photovoltaic
- Lighting
- RFID
- Others
The report has provided a detailed breakup and analysis of the market based on the device. This includes display, photovoltaic, lighting, RFID, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Printed Electronics Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Material
- Technology
- Device
- Region
|
Materials Covered |
Ink, Substrate |
Technologies Covered |
Inkjet, Screen, Gravure, Flexographic |
Devices Covered |
Display, Photovoltaic, Lighting, RFID, Others |
Regions Covered |
North India, West and Central India, South India, East and Northeast India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India printed electronics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India printed electronics market?
- What is the breakup of the India printed electronics market on the basis of material?
- What is the breakup of the India printed electronics market on the basis of technology?
- What is the breakup of the India printed electronics market on the basis of device?
- What are the various stages in the value chain of the India printed electronics market?
- What are the key driving factors and challenges in the India printed electronics?
- What is the structure of the India printed electronics market and who are the key players?
- What is the degree of competition in the India printed electronics market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India printed electronics market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India printed electronics market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India printed electronics industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.