Printed Sensors Market Projected to Surpass $12 Billion by 2022
Rising spending on
consumer electronics, growing healthcare industry, booming automotive and
defense sectors, coupled with increasing government support to automate
business processes to drive demand for printed sensors globally through 2022
According
to a recently released TechSci Research report, “Global
Printed Sensors Market By Type,
By Printing Technology, By End User, By Region, Competition Forecast and
Opportunities, 2012 - 2022”, global printed sensors market
is projected to surpass $ 12 billion by 2022. North America dominated global
printed sensors market over the past few years and is anticipated to continue
dominating the market through 2022. Growing manufacturing and logistics
industries, coupled with rising use of sensors in building automation are the
major factors fueling demand for printed sensors in North America region. Moreover,
adoption of new generation printed sensors is rising among various industries in
this region, owing to their low manufacturing cost.
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81 market data Tables and 90 Figures spread through 212 Pages and an
in-depth TOC on "Global Printed Sensors Market"
https://www.techsciresearch.com/report/global-printed-sensors-market-by-type-biosensor-image-sensor-etc-by-printing-technology-flexographic-screen-etc-by-end-user-medical-device-consumer-electronics-etc-by-region-competition-forecast-and-opportunities/961.html
In 2016, medical
device segment was the leading end user for printed sensors globally, followed
by consumer electronics and industrial equipment. Integrated Device Technology,
Interlink Electronics Inc, Thin Film Electronics ASA, GSI Technologies LLC and
ISORG SA are among the leading manufacturers
and suppliers of printed sensors, globally. Evolution of Internet of Things (IoT),
rising adoption of wireless technology and integration of these technologies in
devices is further leading to automation of business process with minimal human
intervention. Thus, such technological advancements and rising need to automate
business processes is anticipated to propel global printed sensors market in
the coming years. Moreover, increasing military spending by various countries
to incorporate latest technologies in their defense systems, is further
anticipated to propel demand for printed sensors across the globe.
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“Healthcare sector is expected to continue dominating global
printed sensors market in the coming years owing to several benefits associated
with biosensors, such as fast response time and high effectiveness in measuring
patient’s health status. Moreover, growing e-commerce, expanding logistic and
supply chain industries, coupled with shifting focus towards smart packaging are
anticipated to drive demand for printed sensors across the globe at a
significant pace in the coming years”, said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Global Printed Sensors Market By Type, By
Printing Technology, By End User, By Region, Competition Forecast and
Opportunities, 2012 - 2022” has
evaluated the future growth potential of global printed sensors market and
provides statistics and information on market structure, size, share and future
growth of global printed sensors market. The report is intended to provide
cutting-edge market intelligence and help decision makers take sound investment
evaluation. Besides, the report also identifies and analyzes the emerging
trends along with essential drivers, challenges and opportunities present in
the printed sensors market across the globe.
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