Printed electronics market spurts industry-wide opportunities
By Nick Skelton, Brewer Science, Inc.
The growing use of actionable information in new ways to make better decisions is driving brisk growth in printed electronics (PE) and sensors. According to BCC Research, the global market for sensors should grow from $173.4 billion in 2019 to reach $323.3 billion by 2024 – a compound annual growth rate (CAGR) of 13.3%.
Where will this growth come from? Where are the immediate, and longer-term, opportunities for companies with the skills and expertise to expand their presence in the sensor technology landscape? This article takes a look at these questions, providing some views from top innovators on the current and future state of the market, as well as what applications are the best fit for printed sensors. These experts presented their findings during «Next-Generation Sensing: Printed Sensors», a workshop hosted by Brewer Science.
Brewer Science, Inc., Rolla, MO 65401 USA