Press Release

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. 

                                                     

Browse 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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Relevant Reports

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, 2012-2022

IT and Telecom | Apr, 2017News

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.

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