Printed and Flexible Sensors Market
Printed & Flexible Sensors Market Size, Share & Trends Analysis Report by Type (Biosensors, Capacitive, Piezoelectric, Piezoresistive and Others), by Technology (Inkjet Printing, Flexographic Printing, Screen Printing, and Gravure Printing), and by Application (Automotive, Consumer Electronics, Environmental Testing, Industrial Equipment, Medical Devices and Packaging) Forecast Period (2024-2031)
Printed & flexible sensors market is anticipated to grow at a CAGR of 9.7% during the forecast period (2024-2031). The market for printed and flexible sensors is expected to increase owing to the increasing need for flexible sensors in sophisticated driver assistance systems and the expanding use of printed sensors in smartphones, tablets, and gaming devices that can be customized for various functions. According to Photonics21, in 2024, $8 billion was spent on sensors for cameras and liars used in advanced driver assistance systems.
Market Dynamics
Advancements in Conductive Inks
Advancements in conductive inks that have improved the effectiveness and solidity of sensor technology promote the growth of the printed and flexible sensors market. The acceptance of organic semiconductors results in improved sensor performance. Additionally, adaptation of flexible materials has boosted the continuation and adaptability of sensors. Such things enable a wider range of operations across various industries.
Growth in Smart Packaging and Retail
The printed and flexible sensors market is experiencing significant growth driven by various factors including the acceptance of printed sensors in intelligent packaging solutions. The sensor in smart packaging allows improved efficient operations, force chain tracking, and efficient force operation. Additionally, printed sensors enable client interaction, enhancing user experience and brand credibility. Similar advanced sensor technology is growing progressively more necessary as the sector prioritizes innovation.
Market Segmentation
- Based on the type, the market is segmented into biosensors, capacitive, piezoresistive, and others (proximity sensors).
- Based on the technology, the market is segmented into inkjet printing, flexographic printing, screen printing, and gravure printing.
- Based on the application, the market is segmented into automotive, consumer electronics, environmental testing, industrial equipment, medical devices, and packaging.
The Biosensors Segment is Projected to Hold the Largest Market Share
Accelerating demand for non-invasive and real-time monitoring in healthcare is a primary driver. The adoption of wearable medical devices for continuing health tracking is fueling market expansion. Advances in sensor technology have increased their sensitivity and accuracy, which has enhanced their diagnostic performance. As chronic illnesses are growing more common, biosensors are growing frequently necessary in personalized treatments. Furthermore, more funds being spent on research and development is promoting creativity in this area. Printed biosensors can detect specific natural labels and enable fast and accurate diagnostics for patients and care providers.
Automotive to Hold a Considerable Market Share
The market for flexible and printable sensors in automotive operations is expanding significantly owing to advanced driver-assistance systems (ADAS) that have led to a rise in the need for high-performance sensors for vehicle safety, navigation, and robotization. Additionally, the demand for energy-efficient and weightless sensor technologies has increased as of the development of electric and hybrid cars. Additionally, growth is the incorporation of sensors for touch, temperature, and pressure functions within automobile interiors. Advancements in material science and manufacturing approaches are added driving the market by allowing cost-effective and durable sensor results.
Regional Outlook
The global printed & flexible sensors market is segmented based on geography including North America (the US, and Canada), Asia-Pacific (India, China, Japan, South Korea, and the Rest of Asia-Pacific), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), and the Rest of the World (the Middle East & Africa, and Latin America).
Growing Demand for Energy-Effective and Weightless Sensors in Europe
The market for printed and flexible sensors in Europe is growing significantly owing to rising innovation in technology and growing industry acceptance. The market has expanded owing to the growing demand for wearable technology and smart packaging. Additionally, the increasing focus on weightless and energy-efficient sensors is promoting innovation. These sensors are also being used in the automobile and healthcare industries for improved accuracy and performance. Governmental organizations that fund flexible electronics research and development are essential to the expansion of the market. According to the EU, in November 2024, the EU announced investment in deep research and advanced digital technology with a spend of €180 million ($195.4 million). The innovative electronic and photonic 2D materials, including sensors, grounded devices, and systems with improved performance and lower energy consumption, are being developed by some of the elected plans.
Global Printed & Flexible Sensors Market Growth by Region 2024-2031
Asia-Pacific Holds Major Market Share
Asia-Pacific holds a significant share owing to the presence of printed & flexible sensors offering companies such as ALPS ALPINE CO., LTD., Nissha Co., Ltd., Yokogawa Electric Corp., and Balluff others. The Asia-Pacific printed & flexible sensors market is experiencing significant growth driven by the growing use of wearable technology and Internet of Things-enabled products. The region's growing interest in consumer electronics contributes to the growth of the industry. Adoption is also being accelerated by government initiatives supporting digitization and smart manufacturing. For instance, in July 2023, Balluff, a sensor and automation technology company increased its production facilities in Chengdu, China, with a 6000-sq-m building, doubling its total production volume. Balluff has invested 50 million RMB ($6.9 million) in the project. The sensor and automation specialist is flexible regarding product lines and products manufactured. Balluff’s production and logistics network, Chengdu serves as a regional supplier for the Asia Pacific region.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the printed & flexible sensors market include ALPS ALPINE CO., LTD., ELANTAS GmbH, Mekoprint A/S, Nissha Co., Ltd., and Yokogawa Electric Corp. among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global printed & flexible sensors market. Based on the availability of data, information related to new products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Market Trends
2.2.1.1. Expansion of Power Transmission and Distribution Networks
2.2.1.2. Rising Use in the Automotive Industry
2.2.1.3. Growth in Smart Packaging and Retail
2.2.1.4. Growing Demand for Wearable Devices
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Printed & Flexible Sensors Market by Type
4.1.1. Biosensors
4.1.2. Capacitive
4.1.3. Piezoelectric
4.1.4. Piezoresistive
4.1.5. Others (Proximity Sensor)
4.2. Global Printed & Flexible Sensors Market by Technology
4.2.1. Inkjet Printing
4.2.2. Flexographic Printing
4.2.3. Screen Printing
4.2.4. Gravure Printing
4.3. Global Printed & Flexible Sensors Market by Application
4.3.1. Automotive
4.3.2. Consumer Electronics
4.3.3. Environmental Testing
4.3.4. Industrial Equipment
4.3.5. Medical Devices
4.3.6. Packaging
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East and Africa
6. Company Profiles
6.1. ALPS ALPINE CO., LTD.
6.2. Brewer Science, Inc.
6.3. Butler Technologies Inc.
6.4. CTS Corp.
6.5. e2ip technologies
6.6. ELANTAS GmbH
6.7. Forciot
6.8. Hoffmann + Krippner GmbH & Co. KG
6.9. KWJ Engineering, Inc.
6.10. Martin Technologies
6.11. Mekoprint A/S
6.12. Memtronik
6.13. Murata Manufacturing Co., Ltd.
6.14. Nano OPS, Inc.
6.15. NANOPAINT, LDA
6.16. Nissha Co., Ltd.
6.17. PolyIC GmbH & Co. KG
6.18. QUAD INDUSTRIES
6.19. Roos GmbH
6.20. Saralon GmbH
6.21. STATIC ELECTROTECH LLP.
6.22. Witte Technology GmbH
6.23. Yokogawa Electric Corp.
1. Global Printed & Flexible Sensors Market Research And Analysis By Type, 2023-2031 ($ Million)
2. Global Printed & Flexible Biosensors Market Research And Analysis By Region, 2023-2031 ($ Million)
3. Global Printed & Flexible Capacitive Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
4. Global Printed & Flexible Piezoelectric Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
5. Global Printed & Flexible Piezoresistive Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
6. Global Others Printed & Flexible Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
7. Global Printed & Flexible Sensors Market Research And Analysis By Technology, 2023-2031 ($ Million)
8. Global Inkjet Printed & Flexible Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
9. Global Flexographic Printed & Flexible Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
10. Global Screen Printed & Flexible Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
11. Global Gravure Printed & Flexible Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
12. Global Printed & Flexible Sensors Market Research And Analysis By Application, 2023-2031 ($ Million)
13. Global Printed & Flexible Sensors For Automotive Market Research And Analysis By Region, 2023-2031 ($ Million)
14. Global Printed & Flexible Sensors For Consumer Electronics Market Research And Analysis By Region, 2023-2031 ($ Million)
15. Global Printed & Flexible Sensors For Environmental Testing Market Research And Analysis By Region, 2023-2031 ($ Million)
16. Global Printed & Flexible Sensors For Industrial Equipment Market Research And Analysis By Region, 2023-2031 ($ Million)
17. Global Printed & Flexible Sensors For Medical Devices Market Research And Analysis By Region, 2023-2031 ($ Million)
18. Global Printed & Flexible Sensors For Packaging Market Research And Analysis By Region, 2023-2031 ($ Million)
19. Global Printed & Flexible Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
20. North American Printed & Flexible Sensors Market Research And Analysis By Country, 2023-2031 ($ Million)
21. North American Printed & Flexible Sensors Market Research And Analysis By Type, 2023-2031 ($ Million)
22. North American Printed & Flexible Sensors Market Research And Analysis By Technology, 2023-2031 ($ Million)
23. North American Printed & Flexible Sensors Market Research And Analysis By Application, 2023-2031 ($ Million)
24. European Printed & Flexible Sensors Market Research And Analysis By Country, 2023-2031 ($ Million)
25. European Printed & Flexible Sensors Market Research And Analysis By Type, 2023-2031 ($ Million)
26. European Printed & Flexible Sensors Market Research And Analysis By Technology, 2023-2031 ($ Million)
27. European Printed & Flexible Sensors Market Research And Analysis By Application, 2023-2031 ($ Million)
28. Asia-Pacific Printed & Flexible Sensors Market Research And Analysis By Country, 2023-2031 ($ Million)
29. Asia-Pacific Printed & Flexible Sensors Market Research And Analysis By Type, 2023-2031 ($ Million)
30. Asia-Pacific Printed & Flexible Sensors Market Research And Analysis By Technology, 2023-2031 ($ Million)
31. Asia-Pacific Printed & Flexible Sensors Market Research And Analysis By Application, 2023-2031 ($ Million)
32. Rest Of The World Printed & Flexible Sensors Market Research And Analysis By Region, 2023-2031 ($ Million)
33. Rest Of The World Printed & Flexible Sensors Market Research And Analysis By Type, 2023-2031 ($ Million)
34. Rest Of The World Printed & Flexible Sensors Market Research And Analysis By Technology, 2023-2031 ($ Million)
35. Rest Of The World Printed & Flexible Sensors Market Research And Analysis By Application, 2023-2031 ($ Million)
1. Global Printed & Flexible Sensors Market Research And Analysis By Type, 2023 Vs 2031 (%)
2. Global Printed & Flexible Biosensors Market Share By Region, 2023 Vs 2031 (%)
3. Global Printed & Flexible Capacitive Sensors Market Share By Region, 2023 Vs 2031 (%)
4. Global Printed & Flexible Piezoelectric Sensors Market Share By Region, 2023 Vs 2031 (%)
5. Global Printed & Flexible Piezoresistive Sensors Market Share By Region, 2023 Vs 2031 (%)
6. Global Others Printed & Flexible Sensors Market Share By Region, 2023 Vs 2031 (%)
7. Global Printed & Flexible Sensors Market Research And Analysis By Technology, 2023 Vs 2031 (%)
8. Global Inkjet Printed & Flexible Sensors Market Share By Region, 2023 Vs 2031 (%)
9. Global Flexographic Printed & Flexible Sensors Market Share By Region, 2023 Vs 2031 (%)
10. Global Screen Printed & Flexible Sensors Market Share By Region, 2023 Vs 2031 (%)
11. Global Gravure Printed & Flexible Sensors Market Share By Region, 2023 Vs 2031 (%)
12. Global Printed & Flexible Sensors Market Research And Analysis By Application, 2023 Vs 2031 (%)
13. Global Printed & Flexible Sensors For Automotive Market Share By Region, 2023 Vs 2031 (%)
14. Global Printed & Flexible Sensors For Consumer Electronics Market Share By Region, 2023 Vs 2031 (%)
15. Global Printed & Flexible Sensors For Environmental Testing Market Share By Region, 2023 Vs 2031 (%)
16. Global Printed & Flexible Sensors For Industrial Equipment Market Share By Region, 2023 Vs 2031 (%)
17. Global Printed & Flexible Sensors For Medical Devices Market Share By Region, 2023 Vs 2031 (%)
18. Global Printed & Flexible Sensors For Packaging Market Share By Region, 2023 Vs 2031 (%)
19. Global Printed & Flexible Sensors Market Share By Region, 2023 Vs 2031 (%)
20. US Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
21. Canada Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
22. UK Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
23. France Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
24. Germany Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
25. Italy Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
26. Spain Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
27. Rest Of Europe Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
28. India Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
29. China Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
30. Japan Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
31. South Korea Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
32. Rest Of Asia-Pacific Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
33. Latin America Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
34. Middle East And Africa Printed & Flexible Sensors Market Size, 2023-2031 ($ Million)
