November 12, 2014
Wellesley, Mass., November 12, 2014 –BCC Research (www.bccresearch.com) reveals in its new report, Nanotechnology in Printing: Global Markets, the global market for nanotechnology-enabled printing technology is expected to grow at a projected compound annual growth rate (CAGR) of 17.7% over the next five years to total $31.8 billion by 2018. The Asia-Pacific region is the largest buyer of printing technologies and will retain growth through the forecast period with 17.3% CAGR and reach revenues of $20.2 billion.
2012 witnessed many new developments in nanotechnology-enabled products and systems, such as the inkjet printing and ink cartridges. These were followed by nanomaterial inks such as coated inks, metal oxide inks and inks with same size particles and flexes. BCC Research predicts that by 2015 there will be a noticeable development in the commercial market. Printed electronics, RFIDs, sensors and taggants for smart packaging as well as photovoltaic and solar cells, and security printing are major industries that will benefit from these upcoming innovations.
In terms of region, growth in Asia-Pacific will be steady through the forecast period due to major business requirements in printed electronics, printing of sensors, RFIDs and photovoltaics. On the other end, the U.K., Germany and Israel will be the leading European countries developing printed electronics, sensors and RFID tags for smart packaging.
“With business potential of billions of dollars, nanotechnology in the printing industry is growing across the globe,” says BCC Research analyst Anand Gijare. “Nanotechnology has brought new opportunities for printing technologists and manufacturers of electronic components and inks.”
Nanotechnology-enabled printing has excited industries with its astonishing potential to introduce next generation products. These industries include smart television, mobile gadgets, industries that manufacture and use flexible solar and photovoltaic cells, bio–technology, medicine and diagnostics, military and government agencies, and institutions designing human genes and implants.
Nanotechnology in Printing: Global Markets reviews the semiconductor industry and developments based on Moore’s law. The study is focused on nanomaterials that are used in printing, printing techniques, such as nanolithography and inkjet printing, and key applications that benefit from nanotechnology enabled printing. Forecast data is provided for 2018.
Editors and reporters who wish to speak with the analyst should contact Steven Cumming at firstname.lastname@example.org.
Nanotechnology in Printing: Global Markets( NAN059A )
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email email@example.com or visit www.bccresearch.com/media to request access to our library of market research.