Precision Business Insights has published a report on the global functional printing market, estimating its value at USD 17,818 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 22.3% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/functional-printing-market
The useful Printing Market is concerned with the application of modern printing technologies to generate useful components and devices, as opposed to decorative or informative prints. This comprises applications such as sensors, displays, batteries, RFID tags, and photovoltaics. Functional printing uses processes including inkjet, screen, and flexographic printing to deposit functional materials such as conductive inks onto a variety of surfaces. The market is being pushed by increased demand for flexible electronics, IoT devices, and sustainable manufacturing processes.
Drivers:
- Rising adoption of IoT devices: Functional printing plays a crucial role in manufacturing RFID tags and smart packaging for IoT applications.
- Growth in renewable energy projects: Printed photovoltaics and thin-film solar cells are driving demand for functional printing solutions.
The global functional printing market segmentation:
1) By Printing Technology: Inkjet Printing, Screen Printing, Gravure Printing, and Flexography
2) By Material Type: Substrate and Inks
3) By Application: Display, Sensors, Batteries, RFID tags, Lightening, and Photovoltaic
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Regional Overview:
The report also examines the current concerns and their Future Effects on the functional printing market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the functional printing market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Blue Spark Technologies, Avery Dennison Corporation, Dura-Tech Industries, E Ink Holdings Inc., Eastman Kodak Company, Enfucell Oy, European Securities and Markets Authority, Nissha Co., Ltd., ISORG, Mark Andy Inc., Nanosolar Corporation, Novaled GmbH, Optomec, Inc., Toppan Inc., Toyo Ink SC Holdings Co. Ltd, Trident Limited, India, Xaar plc., Haiku Tech, Display Corporation International Inc.
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