What is the global market size of 3D Printed Electronics Market?

Global 3D Printed Electronics Market size was valued at USD 10.6 billion in 2021 and is poised to grow from USD 12.22 billion in 2022 to USD 38.2 billion by 2030, growing at a CAGR of 15.31% in the forecast period (2023-2030).

Who are the key vendors in the Global 3D Printed Electronics Market?

Global 3D printed electronics market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global 3D printed electronics market. 'Optomec Inc.', 'Nano Dimension', 'Voxel8', 'Molex', 'The ExOne Company', 'nScrypt Inc.', 'Optisys LLC', 'Ceradrop', 'Xerox Corporation', 'BotFactory Inc.', 'Neotech AMT GmbH', 'Conductive Inkjet Technology Ltd.', 'T+ink', 'Agfa-Gevaert N.V.', 'EnvisionTEC GmbH', 'Cartesian Co.', 'Fujifilm Dimatix', 'LPKF Laser & Electronics AG', 'Cytosurge AG', 'Additive Electronics Manufacturing GmbH.'

3D Printed Electronics Market Size

3D Printed Electronics Market Insights

Global 3D Printed Electronics Market size was valued at USD 12.3 billion in 2023 and is poised to grow from USD 14.21 billion in 2024 to USD 44.99 billion by 2032, growing at a CAGR of 15.5% during the forecast period (2025-2032).

3D printed electronics is a new program that allows electronics to be integrated into or on top of devices. The concept of 3D printing has been widely applied to the exterior of 3D injection molded synthetic objects to add antennas and simple conductive interconnects. With technological advancements in the 3D printed electronics business, new techniques can be used to create materials and processes to create sophisticated circuitry inside parts. Customization can be a valuable advantage in the development of fully formed additive manufacturing parts for circuit boards or any computerized device. The demand for small, thin devices with advanced capabilities is insatiable. However, difficult tasks such as designing a PCB or printed circuit board and its components are usually outsourced, resulting in longer waiting times. With the introduction of 3D printing, it is now possible to create in-house prototypes of circuits and circuit boards, reducing cost, time, and concerns about intellectual property infringement. Improved efficiency and productivity of manufacturers, as well as lower material costs, are expected to drive the global 3D printed electronics market during the forecast period.

Increased production of products with reduced weight, ease of use, and improved technology in manufacturing electrical components, all benefit the market. Increased production of antenna and sensor printing in 3D form stimulates the market. The rapid adoption of newly developed technologies in many sectors, as well as increasing consumer demand in industries such as the health sector, defence, telecommunication, automobile industry, electrification system, power utility, aerospace, and many others. The market is expected to flourish with the increased competition due to new arrivals and the availability of increased performance. Rising market participants and increased investment in the electronics and automobile industries have boosted market rates. However, the cost of new equipment and material for printed electronics are high, may this factor hamper market growth.

US 3D Printed Electronics Market is poised to grow at a sustainable CAGR for the next forecast year.

FAQs

Global 3D printed electronics market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global 3D printed electronics market. 'Nano Dimension Ltd. (Israel) ', 'Optomec Inc. (USA) ', 'nScrypt Inc. (USA) ', 'BotFactory Inc. (USA) ', 'Voltera Inc. (Canada) ', 'XJet Ltd. (Israel) ', 'Stratasys Ltd. (USA/Israel) ', '3D Systems, Inc. (USA) ', 'DuPont de Nemours, Inc. (USA) ', 'General Electric (GE) (USA) ', 'HP Inc. (USA) ', 'Henkel AG & Co. KGaA (Germany) ', 'Agfa-Gevaert Group (Belgium) ', 'BASF SE (Germany) ', 'NovaCentrix (USA) ', 'Nissha Co., Ltd. (Japan) ', 'Palo Alto Research Center Incorporated (PARC) (USA) ', 'NextFlex (USA)'

The transportation and automotive industries are the primary end users of printed electronics. Printed consumer electronics are popular in the automotive industry due to their thinness, durability, and flexibility. Touch control technology and smart surfaces are also becoming more widespread in car interior interfacing. As a result, industry participants are integrating technology and design advances into their offerings. Conductive ink sensors are also used in automotive HMI applications such as HVAC controls, steering wheel controls, and overhead panels. Printed electronics can offer numerous advantages to automobile manufacturers.

Smart packaging often uses near-field communication and radio frequency identification technologies to connect manufacturers with customers and verify the authenticity of different products such as wines and perfumes. Smart packaging uses printed electronics because they are thin, light, efficient, and robust. With integrated electronics, packaging opens new channels of communication between the real and digital worlds. This is expected to help companies focus on individual customers and personalize their customer service offerings. In the application of smart packaging, it is used to evaluate the safety of packaged products and measure the temperature and origin, shipping, and condition of the products.

On the basis of region, global 3D printed electronics market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. Asia-Pacific accounts for the highest revenue share in the printed electronics market and APAC is expected to maintain its leading position by growing at the fastest CAGR during the forecast period. The significant market share can mainly be due to the growing use of printed electronics technology in consumer electronics applications. This expansion can be attributed to the rapidly expanding electronics manufacturing sector of the region. Emerging markets such as China, South Korea, and Japan contribute significantly to the target market. Also, the Asia Pacific region, especially China, is a manufacturing hub for electronics.