Escalating employment in medical field augments the call for Global Conductive I
Posted by MDFtrends on July 3rd, 2020
The size of the global conductive inks market is projected to grow from $ 3.6 billion in 2019 to $ 4.9 billion by 2025, at an annual rate of 4.2% over the conjecture period.
Conductive inks are considered as the electrically conductive printable inks that are employed extensively in printed electronics due to their flexibility properties. These mainly contain metallic particles like silver and copper to initiate the flow of electrical current through the circuits. Conductive inks based on nanoparticles can be customized according to the printing substrate and the printing technology used. Several wide-range electronic products, such as medical equipment, electronic devices, solar designs, and others, are based on circuit board technology that is expected to drive the expansion of the global conductive ink industry. The rapid expansion in consumption of flexible, touch-screen electronic equipment is believed to fuel the expansion of the global conductive ink industry.
Technological developments in the medical and medical equipment manufacturing industry are leading to better functionality and precision of equipment. Consumer goods are an important industry for the application of conductive inks, such as smart packaging, which is a major contributor to the expansion of the industry. In addition to this, nanoparticle-based conductive inks are a growing sector in the conductive ink industry. These types of inks offer high conductive properties and nanometric control of particle size, shape, and distribution. Conductive inks are less expensive than conventional procedures, but are still expensive and less tough on unstable bases such as printed paper and plastic sheeting. This could be a barrier to expanding the size of the conductive ink industry in the near future.
To know more, click on the link below:
Report segmented as:
Silver inks are used to print Radio Frequency Identification (RFID) tags that are used on modern transportation tickets, along with the repairs of printed circuit boards.
RFID technology is widely used in a wide range of equipment, such as passports, smart cards, credit cards, and others. It offers excellent grip, flexibility and compatibility needs, making it suitable for a wide variety of applications.
Impact of Covid – 19 on Conductive Inks Market:
Around 80.0% of companies in the conductive inks market expect the COVID-19 epidemic to have a negative effect on demand for their goods and services in the two months of 2020. This proportion is above the average of 69.0% for the economy as a whole. The downfall in economic conditions due to this pandemic has adversely affected the advertising space, impacting publishers and broadcasters. Some of the leading Australian media companies have reported that advertising revenue has decreased by 50% due to COVID-19. On the other hand, the some of the countries like Canada has not been affected by the coronavirus, mainly contributing to the local demand, the low disruption in the supply chain, and its importance in data dissemination to companies and individuals, often in times of crisis. During the third week of March, many companies switched their operations to remote jobs. This has led to an increase in the use of cloud-based software such as Microsoft Teams, Skype for Business and Google Suite G. Additional demand for this type of software could come from schools, which have been closed throughout the year. IT companies and consultants are working from home to meet the rising demand globally. The media sector is recording a significant hike in demand and has resulted in a surge in the number of working hours for employees to offer information in a shorter time, which is touted to increase revenue for 2020 in a significant manner.
View a sample and decide:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
For more information:
Sales Manager at Market Data Forecast
Website: https://www.marketdataforecast.com/Also See: Conductive Inks, Inks Market, Ink Industry, Global Conductive, Market, Inks, Conductive
Wall Street Window
Stock Market Financial and Global Geopolitical News