Conductive Ink Printer Market Fueling innovation across sectors with precision deposition of conductive materials, powering wearable tech, IoT devices, and smart packaging. United States conductive ink printers Market is Projected 1.80% CAGR till 2034. Vital for defense & aerospace, enabling custom electronics production for sensors & antennas.
NEWARK, Del, April 16, 2024 (GLOBE NEWSWIRE) -- The
conductive ink printer market
is valued at
US$ 14,022.6 million
in 2024 and is anticipated to surpass a valuation of
US$ 17,603.4
million
by 2034. The conductive ink printer market size is projected to expand at a
CAGR of 2.30%
from 2024 to 2034.
Many sectors are experiencing a surge in demand for conductive ink printers due to the widespread use of wearable technology, printed electronics, and IoT devices. These printers create new avenues for product innovation by facilitating the incorporation of electrical functionality into commonplace items and surfaces.
Conductive ink printing makes creating intelligent, networked systems easier, from smart packaging and medical gadgets to vehicle interiors and industrial sensors. The demand for conductive ink printers is increasing as companies look for new uses for printed electronics, which is propelling market growth and advancing technology.
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Printed electronics, with their adaptability, affordability, and customizability, are a disruptive technology that is reshaping numerous sectors. The desire for flexible and lightweight electrical components that can be easily incorporated into surfaces and goods is driving this development.
At the front of this revolution are printers that use conductive ink, which makes it possible to precisely deposit conductive materials to build circuits, sensors, and other electronic features. The need for conductive ink printers rises as businesses become more aware of the benefits of printed electronics, propelling industry growth and technological advances.
Note from the Analysts
“Adaptability is essential for success in the ever-changing conductive ink printer market. To stay competitive, businesses must prioritize customer-centric strategies, strategic partnerships, and state-of-the-art technology. To take advantage of new possibilities and navigate changes in the market, stakeholders need to be innovative and adaptable,” says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).
Key Takeaways from the Conductive Ink Printer Market Report:
- The global market size stood at US$ 12,439.8 million in 2019.
- The inkjet type segment holds 30% of market shares in 2024.
- The flexible electronics segment captured 28% of market shares in 2024.
- The market size in the United States is projected to rise at a 1.80% CAGR through 2034.
- The market size in Germany is anticipated to develop at a 1.10% CAGR through 2034.
- The market size in Japan is estimated to surge at 3.00% CAGR through 2034.
-
The market size in India is expected to increase at a 3.50% CAGR through 2034.
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Competitive Landscape
The worldwide conductive ink printer market is competitive, with a few prominent competitors contending for market share supremacy against a backdrop of growing technology breakthroughs and evolving customer preferences. DuPont, Henkel AG & Co. KGaA, and NovaCentrix are industry leaders, employing their substantial research and development skills to invent and offer cutting-edge solutions. These industry leaders not only have strong brand awareness, but they also benefit from existing distribution networks and strategic alliances. This allows them to enter varied geographic areas and capitalize on growing possibilities.
Key Players in the Conductive Ink Printer Industry
- DuPont
- Henkel AG & Co. KGaA
- NovaCentrix
- DIC Corporation
- Mitsubishi Chemical Corporation
- Agfa-Gevaert Group
- Creative Materials Inc.
- Sun Chemical Corporation
- InkTec Corporation
- Xerox Corporation
-
Parker Hannifin Corporation
Recent Developments
- In January 2024, Linköping University researchers discovered an eco-friendly method for generating conductive inks. These inks are used in organic electronics such as solar cells, artificial neurons, and flexible sensors.
- In January 2023, OrelTech added printable palladium to their particle-free, cold-cured inks line. OTech Palladium conductive ink is the first commercially available product of its kind.
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Conductive Ink Printer Industry Segmentation:
By Type:
- Continuous Inkjet
- Drop-on-demand Inkjet
By Ink Type:
- Metal Nanoparticle Inks
- Particulate Inks
By Application:
- Flexible Electronics
- Printing
-
Packaging
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
-
Japan
Authored by:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
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The global inkjet printers market size is projected to grow at a CAGR of 5.2% between 2023 and 2033, totaling around US$ 11.6 billion by 2033.
The growing usage of continuous inkjet printers for advertisements, which provides high print quality is expected to be a significant factor that can propel the market.
The demand for direct-to-shape inkjet printers is anticipated to reach a valuation of US$ 4 billion by 2034, with sales expanding at a 2.3% CAGR throughout the forecast period.
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The industrial printers market worldwide is poised to grow at a rate of 5.5% till 2034. The report predicts the overall market value to reach almost US$ 26,814.1 million by the end of the forecast period.
The digital textile printing market is anticipated to reach US$ 8,897.3 million by 2034. The market is further expected to surge at a CAGR of 12.1% during the forecast period 2024 to 2034.
The global large character printers market is anticipated to register growth at 6%-6.5% CAGR over the forecasted period between 2021 and 2031.
The global label printers market size is predicted to grow at 3.9% CAGR between 2023 and 2033. Overall label printer sales are likely to top a valuation of US$ 752.6 million by 2033.
The global printing machinery market size is set to generate US$ 38,572.8 million, meanwhile expanding at 4.7% CAGR.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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