The market for printed and flexible sensors will increase by more than $1 billion by 2020, according to IDTechEx the leading market research company in printed electronics. This is one of the many findings discussed in the company’s latest report “Printed and Flexible Sensors 2014-2024: Technologies, Players, Forecasts”
Printed electronics is a disruptive technology that enables new devices and new form factors. But there have been challenges. “Initially, the prospect of replacing costly manufacturing techniques with additive processes such as inkjet printing led to ambitious goals”, said Dr Guillaume Chansin who authored the report. “Sensors generally have a much simpler structure than devices such as displays or logic circuits. The technology barrier against commercialisation is therefore less steep compared to many other printed electronics applications.”
IDTechEx has been following the market for printed, organic and flexible electronics for over a decade, and the company says we can expect many opportunities in sensing applications.
For full details of the report see www.IDTechEx.com/sensors.