TechNavio recognizes the following companies as the key players in the Global Printed and Flexible Sensor Market: T-Ink Inc., NovaCentrix, NTERA Inc., and Conductive InkJet Technology
Commenting on the report, an analyst from TechNavio’s Hardware team said: “The miniaturization of sensor devices is an emerging trend in the Global Printed and Flexible Sensor market. Technological advancements have led to the miniaturization of sensor devices, which in turn is leading to the development of compact and flexible electronic devices. As a result, printed and flexible sensors provide the best solution for electronic device manufacturers. Printed and flexible sensors are available in various sizes and are robust and consume low power. As a result of these advantages of miniaturization, sensor device manufacturers have been increasingly adopting printed and flexible technology in their respective products.”
According to the report, the major growth driver is the growing need for efficient appliances. In comparison with the manufacturing cost of conventional sensors, printed and flexible sensors are very inexpensive because they use low-cost printing techniques and very few materials.
Further, the report states that the major challenge in the market is the lack of technology standards in the development of flexible displays. Currently, due to the lack of technology standards, vendors are not able to target all the customer segments, which is a major setback for the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-printed-and-flexible-sensor-mark…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/hardware
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