The future of 3D printed electronics looks incredibly promising, according to a new report from Additive Manufacturing Research (AMR). The report highlights that the additively manufactured electronics (AME) sector is expected to experience a significant boom, with a compound annual growth rate of 37 percent over the next 10 years. This growth means that the sector, which is currently valued at $300 million, is projected to reach an impressive $7.9 billion by 2033.
While this exponential growth may come as a surprise to some, it makes perfect sense when considering the current state of the industry. Presently, there are only a handful of companies and organizations solely dedicated to AMEs. Notable players in this market include Ceradrop, Nano Dimension, NeoTech, Optomec, FujiFilm, Voltera, BotFactory, nScrypt, J.A.M.E.S., NextFlex, ChemCubed, PV Nanocell, Panasonic, additive electronics, nano3Dprint, and Notion Systems.
However, as traditional electronics manufacturing increasingly merges with 3D printing, this niche sector is poised for rapid expansion. Moreover, the availability of low-cost AME providers is significantly reducing barriers to entry, enabling more players to enter the market. Consequently, industrial AMEs are predicted to increase their market share from 30 percent to an impressive 75 percent by 2033.
The AMR report highlights several critical advantages that AMEs bring to electronics production. These include miniaturization, design freedom, reshoring and localization, and sustainability. Not surprisingly, industry giants such as Apple, Meta, Google, and Samsung have already adopted the use of Optomec’s technology for applications such as 3D-printing antennas and stacked dies. The only remaining hurdle for widespread adoption of AMEs is the need to scale up production to large volumes, an issue that industry players are actively working to address.
Excitingly, the AME segment is about to receive a significant boost with the implementation of the CHIPS program. This program aims to accelerate the development and adoption of AMEs, further driving the market’s growth. The AMR report provides comprehensive insights into the value propositions of 3D printed electronics, challenges hindering market growth, key players in the space, and detailed market data and forecasting.
For those interested in delving deeper into the world of 3D printed electronics, the Additive Manufacturing Strategies event, hosted by 3DPrint.com and AMR, will feature a dedicated panel on electronics 3D printing on February 7, 2024, in New York. Early registration for the event offers discounted prices, so make sure to secure your spot.
In summary, the future of 3D printed electronics looks incredibly promising, with the sector expected to experience substantial growth in the coming years. This trend is fueled by the convergence of traditional electronics manufacturing with 3D printing, the reduced barriers to entry, and the significant advantages that AMEs offer. The CHIPS program and upcoming industry events further indicate that the AME segment is set to make significant strides, making it an exciting time for all those involved in the industry.
“Why did the 3D printer go to therapy? Because it had too many layers of unresolved issues!”
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