Functional printing technology enables 3D printing of functional electronic objects with the use of substrates and inks. Printing techniques such as screen, gravure, inkjet, flexography, offset printing, nano-imprint lithography, micro-contact printing and aerosol jet printing are used for printing on a wide range of substrates with the use of functional inks. Screen printing technology is dominant in the field of functional printing owing to its high reliability and is widely used in production of sensors and radio frequency identification (RFID) antennas. Other applications of functional printing include production of organic light emitting diode (OLED) and liquid crystal displays, RFID chips or tags, sensors, batteries, lighting and photovoltaics. With the use of various substrates such as glass, plastic, polyethylene terephthalate (PET), polyethylene naphthalene (PEN), paper, gallium nitride (GAN) and silicon carbide, companies are able to experiment in the field of functional printing. In addition, with the use of various printing inks such as conductive silver and copper inks, dielectric inks and graphene inks, companies in the functional printing market are able to produce robust and reliable electronic devices.
 
One of the major factors driving the growth of functional printing market is the increasing demand for a variety of low cost electronic products. With the wide range of printing technologies and materials available, companies are able to achieve high speed of manufacturing at lower costs. Increasing demand for other electronic components such as displays, RFID tags and biosensors has also led to the growth in demand for functional printing. Other crucial factors governing the growth of functional printing market include lower energy consumption and material wastage leading lower impact on environment caused due to manufacturing of electronic devices. However, limitations of the electrically functional inks currently used for functional printing pose a restraint in the growth of this market. In addition, the functional printing techniques used are not specifically designed for printing of electronic devices. Since such techniques are modified for functional printing, companies are yet to explore full potential of functional printing in manufacturing of electronic devices.
 
Since existing printing technologies are not specifically designed for applications in functional printing, companies in the market are conducting research and are developing new technologies for this purpose. Opportunities such as new applications, functionalities and integration of multiple electronic products offer positive prospects in the future of functional printing. In addition, capabilities such as fine printing of structure and features and cost advantages in fabrications offer immense opportunities for the growth of functional printing market.
 
Some of the major players in functional printing market include Blue Spark Technologies, Avery Dennison Corporation, Eastman Kodak Company, DuraTech Industries Inc., GSI Technologies LLC., Mark Andy Inc., Kovio Inc., Optomec Inc., Nano Solar Inc., Palo Alto Research Center Inc., Vorbeck Materials Corporation and Universal Display Corporation from U.S., Toyo Ink SC Holdings Co. Ltd. and Toppan Forms Co. Ltd. from Japan, BASF SE and Novaled AG from Germany, Xaar Plc. and Xennia Technology Limited from UK. Other companies in the functional printing market include E Ink Holdings Inc. from Taiwan, Enfucell Oy from Finland and ISORG from France.
 
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 
 
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  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Functional Printing Market

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