Abstract
Description
Most comprehensive quantative assessment of the industry
This report provides the most comprehensive view of the topic, giving detailed
ten year forecasts by device type and a 20 year outlook. The market is
analyzed by territory, printed vs non printed, rigid vs flexible, inorganic vs
organic, cost of materials vs process cost and much more, with over 200 tables
and figures. Activities of over 700 leading companies are given.
The report specifically addresses the big picture - including all thin film
photovoltaics, relevant display technologies and much more. Importantly, it
includes not only electronics which are printed, organic and/or flexible now,
but it also covers those that will be. Realistic timescales, case studies,
existing products and the emergence of new products are given, as are
impediments and opportunities for the years to come. It is all here.
2009 to 2029 market size
The market for printed and potentially printed electronics, including
organics, inorganics and composites, will rise from $1.92 billion in 2009 to
$57.16 billion in 2019. The majority of the market in 2009 - 71% - is for
electronics which are relatively mature - conductive inks (for membrane
keyboards, Printed Circuit Boards (PCBs), flex connectors, membrane
keyboards), sensors (e.g. disposable blood glucose sensors for those with
diabetes) and Organic Light Emitting Displays (OLEDs) which are on glass
substrates and not printed as yet. These three products will be overtaken in
terms of market value as hundreds of companies develop, for example, OLEDs on
flexible substrates which are printed, Thin Film Transistor Circuits (TFTCs)
etc.
Photovoltaics such as CIGS account for a market of $0.41 Billion in 2009, but
even this is not the full picture. CdTe and aSi photovoltaics, which are not
printed today and are not included in the above figures, are now a substantial
markets and both have been demonstrated to be printed and/or flexible. Over
the coming years they will also make an impact in this topic. In 2009, those
two technologies result in $2.8 Billion of sales and in this report we look at
their future impact in printed electronics too. IDTechEx bring you the big
picture.
$80 million will be spent on e-paper displays and $60 million on
electroluminescent displays. On the other hand, most effort is going into
technologies that are barely commercial today. For example, over 500 companies
are developing thin film transistor circuits, and revenues this year will be
only $10 million. Most of these companies are working on organic
semiconductors but that is changing - printed inorganic semiconductors have
leapfrogged organics in terms of performance.
In particular, the following components are addressed, and for each one twenty
year forecasts are given, along with companies and their activities, case
studies, impediments to commercialization and timescales.
- Logic
- Memory
- OLED display
- OLED light
- Electrophoretic display
- Electrochromic display
- Electroluminescent display
- Other displays
- Batteries
- Photovoltaics
- Sensors
- Conductors (ink only)
- Other
Printed and conformal/flexible analyzed
Of all the technologies covered in the $1.92 Billion market in 2009, only 35%
of the components will be predominately printed in 2009, rising to 76% in
2019. Similarly, in 2009 only 18% of the components are on a non rigid
substrate (such as sensors and EL displays), rising to 73% in 2019. The
greatest opportunity is for devices which can be printed and are flexible.
Market by territory
If we look at the market size by territory, IDTechEx find that most work is
taking place in Europe, the USA and Japan. In many respects Europe is in the
lead. For instance, the first printed electronics factories are appearing
there. However, we note that the creation of new companies is low given the
huge academic effort going on there. The USA is proving better at creating new
companies. In East Asia while the number of organizations working on the topic
is slightly less than the other two continents, it disguises the fact that
those companies tend to be huge conglomerates. By spend, we see that in 2009
53% of the market spend is in East Asia. This is because the biggest component
- OLED display modules - are made there and bought by companies making
devices, such as MP3 players. However, it disguises the fact that many of the
devices are then sold to North America and Europe. Indeed some manufacturing
will be moving to East Asia in due course but we also see a higher than
expected market in Europe and USA given the dispersed manufacture capability
of this new electronics.
Organic, inorganic, composite covered
In assessing the market size over the next few years, this report looks at the
big picture - organic electronics and printed inorganics and the majority of
devices which are combinations of both. Similarly, while most agree that
printing of these electronics and electrics is the end game, many are created
today by non printing techniques such as spin coating, and many use
combinations of manufacturing techniques, such as inkjet printing and laser
ablation. All these manufacturing techniques will be employed to some extent.
It is important, therefore to recognise that companies will focus on the end
product, its cost, performance and suitability for the application, and if
these criteria are met the end user will not be concerned about how it was
made or using what materials. We therefore cover printing and non-printing
technologies that form a route to products that will be primarily printed in
due course.
Lessons, Successes and Opportunities
The report covers case studies of where printed electronics has been used, why
and the results. It looks at new products that are imminently emerging and
their prospects for success. The technical barriers and commercial barriers
are listed and prioritised, as well as progress to overcome these . Currently
there are three main ways the technology is being applied, as shown in the
following image. There are applications where companies intend to compete on
cost, such as replacing the silicon chip in an RFID tag to reach lower price
points enabling much higher numbers of items that can be tagged; those that
compete on other benefits such as flexibility or robustness, such as those
involved in flexible e-book readers that intend to sell these as a premium
over rigid versions. In both cases, creative product design is needed. We also
see that printed electronics know how is being used in conventional
electronics manufacture to reduce the cost, such as the move to inkjet
printing of conductors enabling smaller circuits compared to etched versions.
Exclusive matrix of over 700 companies and research organizations
The report contains a list of over 700 companies and research organizations
involved in printed electronics and what aspects they are involved in. No one
else has compiled such a comprehensive survey.
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