Printed & Flexible Sensors Market By Type (Biosensor, Touch Sensor, Image Sensor, Temperature Sensor, and Others), By Application (Automotive, Consumer Electronics, Industrial, Medical, and Others), Industry Trends, Estimation & Forecast, 2023-2030

Market Overview

Printed & flexible sensors represent an emerging section of electronics wherein sensors printed on flexible substrate continue to find new applications that would spur its effectiveness in the foreseeable future. The evolution of the printed electronics industry continues to incite advanced printed & flexible sensors known for its thinness, lightweight properties, and flexibility.

Printed and Flexible Sensors Market Revenue by, 2020-2030

Market Dynamics

The increasing product integration in robotics and advanced consumer electronic appliances and rising product demand from healthcare electronic devices are the primary factors driving the market growth. The high degree of innovation and improvement in the robotics industry has heavily featured the use of printed & flexible sensors for an upturn in features, with manufacturers aiming for extended integration of robots into the daily activities of consumers. The continuation of product development in consumer electronic goods have also propelled the demand for printed & flexible sensors, as customer demand for high-end functionalities increases in recent times. The high product demand from self-diagnostic medical tools and kits would boost the market growth prospects, with sensors fitted for touch- and temperature-enabled applications. The thinness and lightweight properties of printed sensors ensure an improved version of product use over standard sensors, as the higher degree of mechanical flexibility enables upgraded functionality. However, high initial investments and the presence of complex technical issues might hamper the market growth.

The consistent innovation in sensor capabilities quickly makes previous iterations obsolete, influencing additional expenditure in substitution of prior models. The problems of compatibility and presence of technical issues arising from outdated models might further act as restraining factors to the market growth. The rapid production of wearable devices and touch-enabled electronic appliances would provide lucrative opportunities for the market in the coming years. The heightened product integration in smart electronic devices would provide key vendors with new possibilities of product application and business expansion during the forecast period.

Market Segmentation

The global Printed & Flexible Sensors market is mainly classified based on Type and Application. Type is segmented into Biosensor, Touch Sensor, Image Sensor, Temperature Sensor, and Others. By Application, the market is divided into Automotive, Consumer Electronics, Industrial, Medical, and Others.

The Biosensor segment by Type holds a considerable share in terms of overall market value and volume owing to its broad application in disease monitoring and clinical analysis, along with industrial processing. The integration of biosensors for research and healthcare screening would further boost the prospects of segment growth.

In terms of volume, the Medical consumption by Application is poised to garner 5,832.7 Million Units; growing at a CAGR of 7.2% during forecast period. The widespread application of printed & flexible sensors in several medical imaging devices and wearable appliances that monitor the health status of consumers would bolster the growth of the segment in the coming years.

Regional Analysis

Based on geography, the global Printed & Flexible Sensors market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

Asia-Pacific is a leading region in terms of production volume and value owing to the establishment of expansive manufacturing facilities and easy accessibility to raw material components. The increasing investments into an extension of manufacturing capabilities would further boost the regional market growth prospects.

Market Revenue, By Region

Competitive landscape

The Printed & Flexible Sensors market is moderately fragmented, with several global and regional companies operating with expansive manufacturing capabilities and extensive distribution networks to cater to a global consumer base.

Key players operating in the Printed & Flexible Sensors industry include Canatu Oy, FUJIFILM Holdings Corporation, Isorg SA, Interlink Electronics, Inc., KWJ Engineering, Inc., Peratech Holdco Limited, Integrated Device Technology, Inc., T-ink, Inc., Tekscan, Inc., and Thin Film Electronics ASA.

The launch of new, innovative products after thorough development and diversification of business opportunities through strategic acquisitions and partnerships are the primarily followed business strategies of the top players looking to capture substantial market share during the forecast period.

Printed & Flexible Sensors Market Key Segments:

By Type
• Biosensor
• Touch Sensor
• Image Sensor
• Temperature Sensor
• Others

By Application
• Automotive
• Consumer Electronics
• Industrial
• Medical
• Others

Key Global Printed & Flexible Sensors Industry Players

• Canatu Oy
• FUJIFILM Holdings Corporation
• Isorg SA
• Interlink Electronics, Inc.
• KWJ Engineering, Inc.
• Peratech Holdco Limited
• Integrated Device Technology, Inc.
• T-ink, Inc.
• Tekscan, Inc.
• Thin Film Electronics ASA

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Printed & Flexible Sensors Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Increasing product integration in robotics and advanced consumer electronic appliances
3.3.2. Rising product demand from healthcare electronic devices
3.4. Restraints
3.4.1. High initial investments and the presence of complex technical issues
3.5. Opportunity
3.5.1. Rapid production of wearable devices and touch-enabled electronic appliances
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Biosensor
4.2.1. Market Size & Forecast
4.3. Touch Sensor
4.3.1. Market Size & Forecast
4.4. Image Sensor
4.4.1. Market Size & Forecast
4.5. Temperature Sensor
4.5.1. Market Size & Forecast
4.6. Others
4.6.1. Market Size & Forecast

5. Application Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Automotive
5.2.1. Market Size & Forecast
5.3. Consumer Electronics
5.3.1. Market Size & Forecast
5.4. Industrial
5.4.1. Market Size & Forecast
5.5. Medical
5.5.1. Market Size & Forecast
5.6. Others
5.6.1. Market Size & Forecast

6. Printed & Flexible Sensors Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Printed & Flexible Sensors Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Type
6.2.3. North America Market Size & Forecast, By Application
6.2.4. U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Printed & Flexible Sensors Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Type
6.3.3. Europe Market Size & Forecast, By Application
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Russia
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Printed & Flexible Sensors Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Type
6.4.3. Asia-Pacific Market Size & Forecast, By Application
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Printed & Flexible Sensors Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Type
6.5.3. South America Market Size & Forecast, By Application
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Printed & Flexible Sensors Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Type
6.6.3. Middle East & Africa Market Size & Forecast, By Application
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. Canatu Oy
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Canatu Oy Product Category, Application, and Specification
7.1.3. Canatu Oy Financial Performance (2015-2019)
7.1.4. Main Business/Business Overview
7.2. FUJIFILM Holdings Corporation
7.3. Isorg SA
7.4. Interlink Electronics, Inc.
7.5. KWJ Engineering, Inc.
7.6. Peratech Holdco Limited
7.7. Integrated Device Technology, Inc.
7.8. T-ink, Inc.
7.9. Tekscan, Inc.
7.10. Thin Film Electronics ASA