Sean Milmo, European Editor11.10.17
The automotive sector is becoming not only one of the biggest markets for printed electronics in Europe, but also one of the fastest growing.
In most categories of printed or flexible electronics in Europe’s auto sector, sales levels are expected to remain well above the average recent growth in car sales of 2% to 3%. In some cases, the annual expansion of new electronic products has been in the double-digit range.
The growth is predicted to accelerate as the leading European auto manufacturers plan to step up the development and production of their own electric vehicle (EV) models. Some producers are aiming for a sales share of up to 25% in the 2020s for electric versions of their leading brands or even total group sales.
Demand expectations are being boosted by the French and UK governments announcing the phasing out of diesel and gasoline cars by or from 2040. The Bundesrat or upperhouse of Germany’s parliament has proposed a ban in 2030 on the licensing of cars
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