The
global printed and flexible sensors market is expected to reach a
value of USD 7.51 billion by 2020, at a CAGR of 2.5% from 2014 to
2020. The market for printed and flexible sensors is an emerging
technology and is expected to grow steadily with its increasing
commercialization in emerging applications such as gas sensors,
temperature sensors, and hybrid CMOS sensors. Printed sensors are
cheaper, simple in design and offers higher performance over
traditional silicon based sensors. In addition, production process of
printed and flexible sensors is very simple.
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These
benefits associated with printed and flexible sensors are expected to
increase the demand for printed and flexible sensors in the coming
years. In addition, printed sensors are thin and light weight which
makes them suitable for touch screen applications in smartphones,
tablets and other touch screen gadgets. Conductive inks used in
printed sensors are less conductive and are not applicable in high
power applications which represent a major challenging factor for
this market.
Based
on type, printed and flexible sensors market is categorized into
biosensors, capacitive sensors, piezoelectric sensors, piezoresistive
sensors, digital x-ray sensors, photodetectors, hybrid CMOS sensors,
temperature sensors and gas sensors. At present, printed biosensors
and piezoresistive sensors are two mature technologies compared to
other printed and flexible sensors technologies. Biosensors represent
the largest segment and accounted for more than 60% of the revenue
share in the printed and flexible sensors market in 2013. Glucose
detection strips accounts for more than 85% of revenue share in
printed biosensors. Other emerging applications of printed biosensors
include detection and monitoring of kidney, heart and cancer
diseases. Piezoresitive printed sensor is a matured technology used
in healthcare, textile, consumer electronics and automotive
applications. The growing demand for consumer electronics, touch
screen devices and healthcare devices will outpace the growth of
piezoresistive printed sensors throughout the forecast period, i.e.,
2014 – 2020. Printed Piezoresistive sensors are expected to see the
fastest growth over the forecast period. Use of hybrid CMOS sensors
improves the imaging quality of smartphones, tablets and other
imaging device. The market for hybrid CMOS sensors is expected to see
a significant growth with growing market for smartphone and digital
camera market in the next six years.
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In
2013, North America printed accounted for the largest revenue share
i.e. 31.5% in flexible sensors market. Europe is leading region in
terms of innovations and new product development whereas Asia-Pacific
is expected to be the fastest growing regional market for global
printed and flexible sensors and is expected to surpass North America
and Europe by 2017. Increasing outsourcing from developed market and
growing industrialization are expected to be the primary factors for
this growth.
The
global printed and flexible sensors market is fragmented and large
number of multinational players are present in this market.
Established players are investing in research and development to
introduce innovative solutions which will satisfy the high
performance requirements of global customer. The printed and flexible
sensors market is not yet commercialized broadly and thus has huge
growth potential in the future. Some major players in the global
printed and flexible sensors market include Thin Film Electronics
ASA, KWJ Engineering, ISORG, Peratech UK and GSI Technologies among
others.
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Global
printed and flexible sensors market is segmented as below:
By
Type
- Biosensors
- Capacitive sensors
- Piezoelectric sensors
- Piezoresistive sensors
- Hybrid CMOS sensors
- Printed digital x-ray sensors
- Photodetectors
- Temperature sensors
- Gas sensors
By
Geography
- North America
- Europe
- Asia-Pacific
- Rest of the World
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