Inkjet For Functional & Additive Manufacturing Applications Market - Forecast(2024 - 2030)

Report Code: ESR 0755 Report Format: PDF + Excel

Inkjet For Functional & Additive Manufacturing Applications Market Overview

The global Inkjet For Functional & Additive Manufacturing Applications market size is estimated to reach $24.5 Billion by 2027, growing at a CAGR of 10.1% during the forecast period 2022-2027, owing to increasing utilization of microfluidic chips & biosensing devices, rising adoption of 3D printing for technical & professional training and so on. Additionally, government mandates to encourage the adoption of digital printing technologies by manufacturers are aiding its market growth forward. These technologies have the ability to offer accurate and rapid prototyping solutions. Moreover, the surging adoption of printed sensors & printed electronic devices in various industry verticals is boosting the demand for inkjet printing technology. Such factors are set to transform the Inkjet For Functional & Additive Manufacturing Applications industry outlook in the coming time. 

Inkjet For Functional & Additive Manufacturing Applications Report Coverage

The “Inkjet For Functional & Additive Manufacturing Applications Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Inkjet For Functional & Additive Manufacturing Applications Market.

By Product Type: Desktop Printers, Industrial Inkjet Printers and Others.
By Technology: Continuous Inkjet and Drop-on-demand.
By Functional Inks: Conductive and Dielectrics.
By Substrate: Plastic, Metal, Paper, Ceramic and Others.
By Application: PCB, Printed Electronics, OLED & Displays, Photovoltaics and Others.
By Industry Vertical: Automotive, Aerospace & Defense, Healthcare & Life Sciences, Consumer Electronics, Manufacturing, Power & Energy and Others.
By Geography: North America (the US, Canada and Mexico), Europe (the UK, Germany, France, Italy, Spain and Others), APAC (China, Japan India, South Korea, Australia and Others), South America (Brazil, Argentina and Others) and the RoW (the Middle East and Africa).

Key Takeaways

  • Inkjet For Functional & Additive Manufacturing Applications based on drop-on-demand (DOD) technology is analyzed to witness the fastest growth during the forecast period 2022-2027, due to increasing application in the packaging industry, rising utilization of DOD piezoelectric printheads for developing flexible electronics and so on.
  • The Consumer Electronics industry is analyzed to grow with the highest CAGR in the global Inkjet For Functional & Additive Manufacturing Applications market during 2022-2027, attributed to the increasing adoption of 3D printing for the production of complex electronics, the growing trend toward printed sensors & microfluidic chips and so on.
  • North America region dominated the global Inkjet For Functional & Additive Manufacturing Applications market in 2021, attributed to the increasing adoption of 3D printing equipment in the healthcare industry and the rising trend toward printed electronics & sensors.
  • Increasing popularity of lab-on-chip bioprinting technologies in the healthcare industry and rising adoption of printed electronics in the automobile industry are analyzed to significantly drive the growth of the Inkjet For Functional & Additive Manufacturing Applications market during the forecast period 2022-2027.

Global Inkjet For Functional & Additive Manufacturing Applications Market Value Share, by Region, 2021 (%)

Inkjet For Functional & Additive Manufacturing Applications Market

For More Details on This Report - Request for Sample

Inkjet For Functional & Additive Manufacturing Applications Market Segment Analysis- by Technology

Inkjet For Functional & Additive Manufacturing Applications based on drop-on-demand (DOD) technology is analyzed to witness the fastest growth of 11.2% during the forecast period 2022-2027. The growing application of DOD printing in the packaging industry, increasing utilization of DOD piezoelectric printheads for developing flexible electronics and other factors are driving this market growth. In November 2021, Ricoh Company, Ltd. launched RICOH TH6310F industrial inkjet printhead powered by a thin film piezo actuator to be used as a critical component in digital printing systems. Such factors are set to accelerate the growth of drop-on-demand technology within the Inkjet For Functional & Additive Manufacturing Applications industry over time.

Inkjet For Functional & Additive Manufacturing Applications Market Segment Analysis - by Industry Vertical

The Consumer Electronics industry is analyzed to grow with the highest CAGR of 12.6% in the global Inkjet For Functional & Additive Manufacturing Applications market during 2022-2027. Factors attributing to this market growth include increasing utilization of 3D printing technologies in the research & prototyping cycles, increasing adoption of 3D printing for the production of complex electronics, the growing trend towards printed sensors & microfluidic chips and more. In November 2021, Quantica launched a 3D printing system capable of jetting & combining multiple ultra-high performance resins to facilitate the 3D printing of multi-colored, multi-strength and multi-functional components. These factors are boosting the growth of the consumer electronics segment within the Inkjet For Functional & Additive Manufacturing Applications industry in the coming time.

Inkjet For Functional & Additive Manufacturing Applications Market Segment Analysis - by Geography

North America region dominated the global Inkjet For Functional & Additive Manufacturing Applications market with a share of 37% in 2021. It was due to the increasing adoption of 3D printing equipment in the healthcare industry, growing emphasis on bioprinting & biosensors technology, the rising trend towards printed electronics & sensors and so on. In February 2021, Inkbit launched scalable inkjet deposition 3D printers with a vision-based feedback control platform. These factors are set to transform the Inkjet For Functional & Additive Manufacturing Applications industry outlook in North American markets.

Inkjet For Functional & Additive Manufacturing Applications Market Drivers

Increasing Trend towards Lab-on-Chip Bioprinting Technology in Healthcare Industry:

The rising prevalence of lab-on-chip bioprinting technology in the healthcare industry is propelling the growth of the Inkjet For Functional & Additive Manufacturing Applications market. Inkjet technology is widely used in health sciences and tissue engineering because of its picoliter-level printing unit which is suitable for depositing biological components. Furthermore, digital printing is used in the development of biosensing & diagnostic devices and inkjet bioprinted generic biomaterials are used in the research & healthcare sectors. According to a study conducted by Friedrich Schiller University in 2022, single-cell analysis via inkjet printing was successful in nearly 50% of spraying events. In June 2021, 3D Systems, Inc. collaborated with CollPlant Biotechnologies Ltd to develop 3D-bioprinted regenerative tissue for an organ transplant. These factors would help in expanding the Inkjet For Functional & Additive Manufacturing Applications market size in the long run.

Rising Adoption of Printed electronics in the Automobile Industry:

Increasing utilization of printed electronics in the automotive sector is boosting the demand for Inkjet For Functional & Additive Manufacturing Applications in the market. It is used for functional coatings of the vehicle to increase durability and provide a decorative high-quality finish. Inkjet printing technology is used to produce electrochemical sensors at a low cost. These sensors are used in automobiles to monitor pressure differences in the battery cells. These printed temperature sensors are capable of detecting problems & prevent overheating losses due to their ability to respond to changing environmental conditions. In September 2021, Avery Dennison Corporation launched AD Maxdura Tire Tag for locating vehicles in the logistics chain. According to a report published by InnovationLab in 2021, printed pressure sensors can increase battery capacity and longevity by 40%. These factors are set to elevate the growth of the Inkjet For Functional & Additive Manufacturing Applications market size in the coming time.

Inkjet For Functional & Additive Manufacturing Applications Market Challenges

High Energy Requirement in Addition to the Printing Expenditure:

High energy requirements along with high printing costs are limiting the growth of the Inkjet For Functional & Additive Manufacturing Applications market. Due to their advanced features and capabilities to ensure high-quality manufacturing of complex 3D objects, these digital printers consume a lot of energy. Inkjet printers emit pollutants and consume a large amount of energy in order to perform complex modeling and produce high-quality output. According to a report published by Joteo.net in 2021, an inkjet printer approximately uses 20 watts in 6 hours and can cost up to €0.30/kWh. Such factors are impeding the growth of the Inkjet For Functional & Additive Manufacturing Applications industry.

Inkjet For Functional & Additive Manufacturing Applications Industry Outlook

Product launches, acquisitions and R&D activities are key strategies adopted by players in the Inkjet For Functional & Additive Manufacturing Applications Market. The top 10 companies in the Inkjet For Functional & Additive Manufacturing Applications market are:

  1. HP Development Company
  2. Jet Inks Private Limited
  3. Brother Industries Ltd
  4. Xerox Corporation
  5. Canon Inc.
  6. Hitachi Industrial Equipment Systems
  7. Xaar Irix
  8. Videojet Technologies Inc.
  9. Inkjet Inc.
  10. Fujifilm Holdings Corporation

Recent Developments

  • In September 2021, Xaar launched an advanced Inkjet printhead to ensure accurate, reliable & easy printing for coding & marking, product printing, functional fluids and 3D printing applications.
  • In May 2021, Canon Inc. launched the ColorStream 8000 series of web-fed Inkjet printers, designed to meet the current and future production challenges of corporate and public sector in-plants.
  • In March 2021, FUJIFILM launched Samba cartridge. It uses advanced technology in Inkjet printing for the Dimatix Materials Printer which is based on silicon micro-electro-mechanical systems.

Relevant Report Titles:

Additive Manufacturing Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Report Code: CMR 0239

Packaging Additives (Functional Additives and Barrier Coatings) Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis

Report Code: CMR 0732

Inkjet Colorants Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast Analysis

Report Code: CMR 34085

For more Electronics Market reports, please click here

1. Inkjet For Functional & Additive Manufacturing Applications Market - Market Overview
    1.1 Definitions and Scope
2. Inkjet For Functional & Additive Manufacturing Applications Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by Industry Vertical
    2.3 Key trends segmented by geography
3. Inkjet For Functional & Additive Manufacturing Applications Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis
4. Inkjet For Functional & Additive Manufacturing Applications Market – Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Framework Overview
    4.2 New Business and Ease of Doing business index
    4.3 Case studies of successful ventures
    4.4 Customer Analysis
5. Inkjet For Functional & Additive Manufacturing Applications Market – Startup Company Scenario (Premium)
    5.1 Investment Analysis
    5.2 Venture Capital Funding Scenario
6. Inkjet For Functional & Additive Manufacturing Applications Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter's five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Inkjet For Functional & Additive Manufacturing Applications Market – by Strategic Analysis (Market Size - $Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product/Market Life Cycle
8. Inkjet For Functional & Additive Manufacturing Applications Market - by Product Type
    8.1 Desktop Printers
    8.2 Industrial Inkjet Printers
    8.3 Others
9. Inkjet For Functional & Additive Manufacturing Applications Market - by Technology
    9.1 Continuous Inkjet
    9.2 Drop-on-demand
10. Inkjet For Functional & Additive Manufacturing Applications Market - by Functional Inks
    10.1 Conductive
    10.2 Dielectrics
11. Inkjet For Functional & Additive Manufacturing Applications Market - by Substrate
    11.1 Plastic
    11.2 Metal
    11.3 Paper
    11.4 Ceramic
    11.5 Others
12. Inkjet For Functional & Additive Manufacturing Applications Market - by Application
    12.1 PCB
    12.2 Printed Electronics
    12.3 OLED & Displays
    12.4 Photovoltaics
    12.5 Others
13. Inkjet For Functional & Additive Manufacturing Applications Market - by Industry Vertical
    11.1 Automotive
    11.2 Aerospace & Defense
    11.3 Healthcare & Life Sciences
    11.4 Consumer Electronics
    11.5 Manufacturing
    11.6 Power & Energy
    11.7 Others
14. Inkjet For Functional & Additive Manufacturing Applications Market - by Geography (Market Size - $Million/Billion)
    14.1 North America
        14.1.1 The US
        14.1.2 Canada
        14.1.3 Mexico
    14.2 Europe
        14.2.1 The UK
        14.2.2 Germany
        14.2.3 France
        14.2.4 Italy
        14.2.5 Spain
        14.2.6 Others
    14.3 APAC
        14.3.1 China
        14.3.2 Japan
        14.3.3 India
        14.3.4 South Korea
        14.3.5 Australia
        14.3.6 Others
    14.4 South America
        14.4.1 Brazil
        14.4.2 Argentina
        14.4.3 Others
    14.5 The RoW
        14.5.1 The Middle East
        14.5.2 Africa
15. Inkjet For Functional & Additive Manufacturing Applications Market – Entropy
16. Inkjet For Functional & Additive Manufacturing Applications Market - Industry Competition Landscape (Premium)
    16.1 Global Market Share
    16.2 Market Share by Region
    16.3 Market Share by Industry Vertical
17. Inkjet For Functional & Additive Manufacturing Applications Market - Key Company List by Country Premium (Premium)
18. Inkjet For Functional & Additive Manufacturing Applications Market Company Analysis
    18.1 Company 1
    18.2 Company 2
    18.3 Company 3
    18.4 Company 4
    18.5 Company 5
    18.6 Company 6
    18.7 Company 7
    18.8 Company 8
    18.9 Company 9
    18.10 Company 10
* "Financials would be provided to private companies on best-efforts basis."
Connect with our experts to get customized reports that best suit your requirements. Our reports include global-level data, niche markets and competitive landscape.