Markets and Markets : Functional Printing Market growing at a CAGR of 22.08% from 2014 to 2020.
(M2 PressWIRE Via Acquire Media NewsEdge) Functional printing is a production process that deposits a functional material in a controlled and selective pattern upon a material. It holds a major potential to enable the next wave in high volume electronic production. The existing printing technologies are not only used for printing graphics but, also, have extended their application for printing electronic components and are, hence, used for functional printing. It is used for a number of novel applications like photovoltaic, OLED displays, sensors, RFID, batteries, and OLED lighting.
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Conventional printing techniques like inkjet, screen, flexography, gravure, and soon have been modified so as to be capable of printing on a range of substrates using functional inks. Currently, the screen printing technique dominates the functional printing market due to it high reliability, and it is mainly used in the production of RFID antennas and sensors. The functional printing market is growing as a result of the enormous opportunities; and is being employed to produce RFID chips, OLED displays, sensors, and so on.
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Functional printing delivers the scale of printing the functions of electrical or electronics within the unique form factors that are thin and flexible. Functional printing can be achieved using techniques that are familiar to the graphics printing industry; and the methods mainly used for functional printing are roll-to-roll and sheet-fed methods. Technological advances, availability of wide range of substrates, and large area printing options which are increasing day by day -promise a mass of thin, lightweight, and flexible products. The rise in the demand for items like smart labels, mobile phone antennas, and disposable sensors -is one of the sprime factors for the current boom in the market for printed electronics that could facilitate the growth of the functional printing market, furthermore.
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According to the new market research report the "Functional Printing Market by Materials (Substrate, Inks), Technology (Inkjet, Screen, Flexo, Gravure), Application (Sensors, Displays, Batteries, RFID, Lighting, PV, Medical), and Geography (North America, Europe, APAC, ROW) - Global Forecasts and Analysis 2013 - 2020", growing at a CAGR of 22.08% from 2013 to 2020.
The functional printing market report is a comprehensive research study on the printing technologies and functional inks used for printing electronics. The report covers the entire market with a special focus on the various technologies involved, namely, inkjet, flexo, gravure, screen, and others. The report also showcases market statistics and insights for the major applications. The applications covered in the report are displays, lighting, sensors, photovoltaics, batteries, and RFID.
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