기능성 인쇄 시장 규모는 2023년에 125억 7,000만 달러로 평가되며, 2024-2030년의 예측 기간에 20.3%의 CAGR로 성장하며, 2030년에는 616억 6,000만 달러에 달할 것으로 예측됩니다. 기능성 인쇄 시장 정의/개요 기능성 인쇄는 3D 및 2D 실리콘 기반 부품에 기능을 통합하는 프로세스입니다. 이 공정은 주로 잉크와 기판을 사용하여 유리나 종이에 인쇄하는 데 사용됩니다. 설계 및 패턴 형성의 정확성과 제어 가능성으로 인해 태양전지, 디스플레이, 센서 및 RFID 태그 제조에 널리 사용되고 있습니다. 따라서 기능성 인쇄는 향후 수년간 전자 산업에서 다음 큰 물결을 일으킬 가능성이 높습니다.
기능성 인쇄 시장의 성장을 가속하는 주요 요인은 무엇인가?
인쇄 기술, 가공 및 재료의 발전으로 프린티드 일렉트로닉스의 대규모 생산에 대한 응용이 확대될 가능성이 높습니다. 끊임없는 기술 개발이 시장 성장을 촉진할 것으로 추정됩니다. 스마트 포장, 웨어러블 스마트 기기, 사물인터넷(IoT)과 연계된 하이엔드 플렉서블 디스플레이의 인기가 높아지면서 가볍고 유연한 전자기기에 대한 수요가 증가하고 있습니다. 이처럼 정밀하고 세밀한 전자제품에 대한 수요는 시장에 더 나은 성장 전망을 가져다주고 있습니다.
또한 대규모 생산을 위한 비용 효율적인 툴의 필요성은 디테일한 전자제품을 개발하는 산업에서 기능성 인쇄 시스템의 채택을 증가시키는 주요 요인입니다. 헬스케어 분야는 바이오 센서, 약물전달 시스템 및 웨어러블 건강 모니터링 장비에 대한 응용이 급증함에 따라 기능성 인쇄 솔루션의 주요 소비자가되었습니다. 따라서 기능성 인쇄는 맞춤형 헬스케어 솔루션에 대한 수요를 충족시킬 가능성이 높기 때문에 매출이 급증할 것으로 예상됩니다.
건강관리, 전자, 자동화 등 다양한 산업에서 기능성 3D 오브젝트에 대한 수요가 증가하고 있습니다. 한편, 환경 문제에 대한 관심이 높아지면서 환경 친화적인 소재와 극소량의 폐기물 발생에 대한 관심이 높아지고 있습니다. 이는 지속가능하고 친환경적인 기술 관행을 둘러싼 현재의 추세와 일치할 가능성이 높습니다. 또한 현재 진행중인 기능성 인쇄 연구 및 개발에 대한 정부 자금 증가는 기능성 인쇄의 세계 전망을 더 좋게 만들 것으로 보입니다. 전반적으로 툴와 장비의 개인화 및 맞춤화의 용이성은 최종 사용 산업에서 매력을 높일 것으로 예상됩니다.
기능성 인쇄 시장은 빠르게 성장하고 있지만 예측 기간 중 계속 성장하기 위해서는 과제를 해결해야 합니다. 기능성 인쇄에 사용되는 특정 잉크 사용에 대한 제한은 시장 성장을 방해하는 주요 요인 중 하나입니다. 마찬가지로 특정 전자 장비 설계에 대한 제한도 시장을 더욱 억제할 것입니다.
기능성 인쇄 산업에서 공정 및 재료 표준화의 부족은 상호 운용성과 제품 호환성에 영향을 미칠 수 있습니다. 이는 향후 수년간 기능성 인쇄의 판매를 저해할 수 있습니다. 또한 하이엔드급 기능성 인쇄 솔루션의 도입과 관련된 비용은 중소기업의 장벽으로 작용할 것으로 추정됩니다. 특히 기능성 인쇄 기술을 조작할 수 있는 숙련된 기술자의 부족은 시장 성장을 더욱 저해할 것으로 예상됩니다.
Functional Printing market size was valued at USD 12.57 Billion in 2023 and is projected to reach USD 61.66 Billion by 2030 , growing at a CAGR of 20.3% during the forecasted period 2024 to 2030. Functional Printing Market: Definition/Overview Functional printing is a process of integrating functionality into the 3D and 2D silicon-based components. This process is primarily used to print on glass and paper using inks and substrates. It is widely being used for the production of photovoltaic cells, display, sensors, and RFID tags owing to its precision and control in designing and patterning. Therefore, functional printing is likely to create the next big wave in the electronic industry in the coming years.
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Which are the Key Drivers Boosting Functional Printing Market Growth?
Growing advancements in the in the printing technologies, processing, and materials will is likely to increase its application for larger production of printed electronics. The constant development in the technologies is estimated to steer the market growth. Rising popularity of smart packaging, wearable smart devices, and high-end flexible displays clubbed with Internet of Things (IoT) is increasing the demand for lightweight and flexible electronic gears. Thus, the need for precise and detailed electronics is opening better growth prospects for the market.
Also, need for cost-effective tools for large-scale production is primary factor increasing the adoption of functional printing systems in industries developing detailed electronics. The healthcare sector is the major consumer of functional printing solutions owing to its surging application in the biosensors, drug delivery systems, and wearable health monitoring devices. Thus, functional printing is likely to cater the need for customized healthcare solutions, projecting to surge the sales.
Demand for functionally featured 3D objects is found to gain momentum in the various industries such healthcare, electronics, and automation. This growing interest in 3D printing is creating lucrative opportunities for the market.In the meantime, the growing environmental concerns is bolstering the focus on the application of eco-friendly material and negligible waste generation. This is likely to align with the current trend surrounding practice of sustainable and green technologies. Moreover, growing government funding in the ongoing functional printing research and development will create better global prospects for functional printing.Overall, the ease of personalizing and customizing tools and gears is projected to enhance its attractiveness in the end-use industries.
Though the functional printing market is experiencing rapid growth, the challenges must be addressed to continue growing during the forecast period. Limitations surrounding the use of certain inks used for functional printing is one of the major factors hindering market growth. Similarly, the restrictions in designing specific electronic devices will further restrain the market.
Lack of process and material standardization in the functional printing industry can impact interoperability and product compatibility. Thereby, hampering the sales of functional printing in the coming years. Also, the cost surrounding the installation of high-end functional printing solutions is estimated to act as a barrier for the small and medium enterprises. Above all, the shortage of skilled technicians to operate functional printing technologies is projected to further hinder market growth.
Increasing demand for intricate design with improved performance are the factors surging the use of inks at the time of functional printing. Also, the growing demand for printing-specific patterned sensors, chips, and semiconductors from the consumer electronics industry is likely to favor market growth. Thus, the growing demand for inks is projected to account for its maximum share in the market. Moreover, the rising demand for bioprinting in the healthcare sector to offer better treatment options is estimated to further steer the sales.
Which Application is Poised to Fuel Sales of Functional Printing?
The display segment is projected to exhibit substantial growth during the forecast period. The factors attributing to the growth of the market include rising demand for flexible, cost-effective, lightweight, energy-efficient displays. Furthermore, the growing inclination toward smartphones, wearable smartwatches, and smart packaging are likely to further create a conducive environment for market expansion.
Inkjet printing technology is turning into a multi-billion-dollar market owing to its rising application in printing electronics, biochip production, display devices, and product decoration. These applications are offering sustainable growth prospects for the market.
Growing adoption of inkjet printers to offer higher productivity, variable data printing, and better in-plant printing operations are other factors spurring the sales of functional printing. The rising popularity of 3D printing technology for speeding up prototyping is projected to offer the industries with better design options.
Evolving smartphone technology is increasing the demand for near-field communication (NFC) owing to the rise in the use of online payment options. Thus, the integration of NFC chip in smartphones is projected to boost sales in North America.
Advancing retail and consumer goods industry is increasing the use of RFID tag, thereby speeding the sales of functional printing solutions. The ease in tracking the merchandise and product details from the warehouse to the store is projected to further enhance growth of the market. Similarly, easy availability of raw materials such as inks and substrates will drive the market.
According to Verified Market Research, China and India are countries steering the growth of the market owing to the prevalence of leading electronic companies in the region. Thus, Asia Pacific region is expected to provide endless growth opportunities for the functional printing market. In addition to this, the expanding consumer electronics industry is projected to surge the demand for sensors and semiconductors. Thereby, offering profitable opportunities for market growth.
The Global Functional Printing Market is segmented based on Technology, Application, and Geography.
Based on Technology, the global market is segmented into Inkjet Printing, Screen Printing, Flexography, and others. The manufacture of low-cost office and graphic arts printers, which has grown into a multibillion-dollar business, was the first significant application of inkjet technology. With the improvement of technology, it has moved into new markets like product decoration, flat panel display fabrication, biochip manufacturing, and printable electronics. Inkjet printing is gaining popularity due to its numerous advantages in various supply chains. Furthermore, with the growing demand for 3D printing, the technology is expected to evolve globally and increase the market growth of the functional printing market globally.
Based on the Application, the global market is segmented into Sensors, Displays, RFID Tags, and Others. By printing the antenna on a flexible substrate that is affixed to the object or directly on the packaging, printed UHF-RFID allows for supply chain management integration with everyday products or packaging. Furthermore, the region's burgeoning retail sector is likely to drive RFID tag use, driving market growth. RFID eliminates the need for employees to manually scan things and automates the tracking of merchandise from the warehouse to the store floor, driving market growth and increasing the functional printing market globally.
Based on Geography, the global market is organized into North America, Europe, Asia Pacific, and the Rest of the world. Because of the rising need for near-field communication, the adoption of advanced technology, and the presence of better infrastructure in the region, North America is predicted to lead the Functional Printing Market. As the demand for low-cost, dependable, and durable electronic devices grows, new types of substrates and inks are being developed. It is boosting the growth of the Functional Printing market and its sales potential. Thereby it will increase the demand for the functional printing market.