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IDTechEx Discusses Segmenting the Conductive Inks Market by Formulation and Application

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BOSTON, June 7, 2024 /PRNewswire/ — The conductive inks market will grow to exceed US$6.5 billion by 2034 but remains a highly segmented industry, underpinning both photovoltaics and the emerging field of printed electronics. Taking stock of the different outlooks for the myriad of conductive ink types and the various application areas is a complex task. IDTechEx has tackled this problem by assessing the market for different conductive ink types across 15 application areas and providing granular ten-year market forecasts.

IDTechEx has covered the printed electronics and conductive inks market for over ten years, independently assessing technological and commercial progress within the industry. IDTechEx has published a new report, “Conductive Inks Market 2024-2034: Technologies, Applications, Players“, which includes granular 10-year market forecasts, is based on profiles of 30+ key players, and leverages extensive in-depth coverage of many end-use markets for conductive inks. 

Conductive inks are a platform technology that facilitate a very broad range of applications, spanning from the established (photovoltaics) to the emerging (smart packaging). As printed/flexible/hybrid electronics gain traction, opportunities will be created for differentiated conductive inks to meet the needs of emerging applications such as in-mold electronics and wearable technologies. There are many different types of conductive ink, each spanning a different range of parameters, including conductivity, printing yield, and curing time. In this article, IDTechEx gives an overview of some considerations taken when assessing ink technologies and key application areas. 

Ink technology

The conductive ink technologies in IDTechEx’s report are segmented into the major categories used to market the inks while minimizing duplication where possible. Flake-based silver is today’s dominant conductive ink material, estimated to comprise around 97% of the market by weight. It is primarily produced in substantial volumes by large companies such as Henkel, DuPont, and Sun Chemical. Therefore, while it is arguably not an ’emerging technology’ itself, the emergence of high-volume applications for printed/flexible electronics, such as smart packaging or electronic skin patches, is expected to drive an increase in sales. Nanoparticle-based inks are generally produced by smaller suppliers, with the key selling point being higher conductivity. However, substantial displacement of conventional flake-based inks for most applications is yet to be seen. Particle-free conductive inks are produced by a range of early-stage companies and offer distinct benefits for electromagnetic interference (EMI) shielding and printed antennas.

Moving beyond silver, copper inks have long been desirable due to the far lower raw material price, and after years of unsuccessfully battling the challenges of oxidation during sintering, they are finally gaining some commercial traction. Carbon-based inks fall into two categories: those based on low-cost commoditized carbon (typically carbon black) and those based on more expensive conductive/semi-conducting nanocarbons such as graphene and carbon nanotubes (CNTs). Stretchable and/or thermoformable conductive inks can be produced using multiple formulations, with flake-based inks with an elastomeric binder the most common. This class of conductive inks is likely to grow rapidly with the adoption of wearable electronics/e-textiles and in-mold electronics (IME). Moving further down the list of ink types also includes silver nanowires and conductive polymers – both suited to particular applications.

Key applications

Conductive inks are arguably the premier platform technology for printed/flexible electronics, utilized in all types of devices and components. As such, these materials have a large and diverse application space, ranging from photovoltaic panels to electronic skin patches and from transparent antennas to pressure sensors. IDTechEx aims to bring structure to this complex application space by segmenting the market into three distinct categories. Circuit manufacturing accounts for conductive inks being used to connect components, with the required properties determined by the manufacturing methodology rather than the device’s functionality. Conductive inks may also be used to enable a specific type of sensing, which determines the required properties. Furthermore, conductive inks are used to provide non-sensing functionality beyond simply connecting components.

The current status of the conductive ink market is dominated by the use of silver flake-based ink as a charge collector in photovoltaics. However, an increase in efficiency and transition to the next iteration of solar cell technology will lead to an extremely modest growth in demand for silver flake-based ink in photovoltaics over the coming decade. Indeed, the vast majority of the growth in demand for this dominant ink type will come from emerging opportunities in applications such as 3D electronics, printed heaters, RFID, and smart packaging. 

The largest growth opportunity for conductive inks will be in non-silver inks, with market revenue forecast to grow with a CAGR of 24% by IDTechEx. Stretchable/thermoformable inks and copper inks will seize the largest share of this expanding market, driven by applications such as in-mold electronics and wearable electronics. As for silver flake-based inks, RFID and smart packaging is also set to be a key application area when assessing growth over the next ten years.  

For more details on the conductive inks market, including segmentations by application area, see the new IDTechEx report, “Conductive Inks Market 2024-2034: Technologies, Applications, Players”. To find out more, including downloadable sample pages, please see www.IDTechEx.com/Ink. 

For the full portfolio of printed and flexible electronics market research from IDTechEx, please visit www.IDTechEx.com/Research/PE. 

Upcoming free-to-attend webinar

IDTechEx Discusses the Key Emerging Applications for Conductive Inks

Dr Conor O’Brien, Senior Technology Analyst at IDTechEx and author of this article, will be presenting a free-to-attend webinar on the topic on Wednesday 3 July 2024 – IDTechEx Discusses the Key Emerging Applications for Conductive Inks.

This webinar will tackle the important question of which applications will drive the conductive inks market, taking into consideration both the volume and value of the required inks for each application. It will include:

Introduction to the broad family of conductive inks, the range of applications covered by IDTechEx, and the segmentation of forecast lines in the reportThe status and outlook for the dominant conductive ink type, silver flake-based ink, including an assessment of current demand and a ten-year forecast.An overview of emerging applications such as 3D electronics, printed heaters, and RFID & smart packaging, alongside analysis of the required conductive inksCritical assessment of the outlook for non-silver inks such as stretchable/thermoformable inks and copper inks

Please click here to check timings and register for your specific time zone.

If you are unable to make the date, please register anyway to receive the links to the on-demand recording (available for a limited time) and webinar slides as soon as they are available.

About IDTechEx:

IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.  

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Media Contact:

Lucy Rogers
Sales and Marketing Administrator
press@IDTechEx.com
+44(0)1223 812300

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Twitter: www.twitter.com/IDTechEx 
LinkedIn: www.linkedin.com/company/IDTechEx

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BASX Hosts Ribbon-Cutting Ceremony for New State-of-the-Art Weld Shop

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21 mins ago

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September 19, 2024

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REDMOND, Ore., Sept. 19, 2024 /PRNewswire/ — BASX (“BASX” or the “Company”), a leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, and custom HVAC systems, is proud to announce the official ribbon-cutting ceremony for its newly completed 36,000-square-foot weld shop. The Redmond Chamber of Commerce performed the ribbon cutting on September 18th, 2024, at BASX headquarters.

The weld shop will create significant job opportunities in the Central Oregon region, with the capacity to fill an additional 30 welding positions. Positions range from entry-level to experienced roles, with professional opportunities in various growing departments within the Company.

“This new facility is a major investment not just in our company, but in the future of Central Oregon,” said Dave Benson, AAON VP and BASX President. “We can now deliver even higher levels of quality and efficiency while providing more job opportunities for the community. We’re proud to support local manufacturing growth and look forward to seeing the impact this expansion will have on both BASX and the region.”

The new shop marks a major expansion in the Company’s production capabilities, introducing state-of-the-art welding technology within a climate-controlled environment. Equipped with advanced air filtration systems, including an AAON make-up air unit and multiple air scrubbers, the shop ensures exceptional air quality for its workers. The space also features two 5-ton overhead cranes and six ½-ton cantilever jib cranes, allowing for efficient movement of materials across the facility.

A key highlight of the facility is its cutting-edge tube laser, capable of precision cutting and profiling round and square tubes, as well as C-channel and I-beam profiles up to 27 feet in length. Additionally, a 75-foot-long dual-zone robotic welding cell is scheduled to be installed and operational in early 2025, enabling the welding of large subassemblies up to 10 tons.

The shop’s innovative capabilities will support the Company’s growth and solidify its position for ongoing expansion. In addition to the 30 new welding jobs, BASX is actively hiring across various departments to support its continued success. To learn more about available positions and apply, visit the BASX careers page at www.basxsolutions.com/careers.

About BASX
Founded in 2014 in Central Oregon, BASX is an industry leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, custom HVAC systems, and modular solutions. Acquired by AAON in 2021, BASX continues to focus on quality, innovation, and state-of-the-art technology. The Company is proud to display the Made-in-America emblem on all its products. For more information, please visit www.basx.com.

Contact Information
Christina Lattanzio
Marketing Manager
(918) 508-9272
Email: Marketing@basx.com

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SOURCE AAON

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NASA Sets Coverage for Astronaut Tracy C. Dyson, Crewmates Return

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21 mins ago

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September 19, 2024

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WASHINGTON, Sept. 19, 2024 /PRNewswire/ — NASA astronaut Tracy C. Dyson, accompanied by Roscosmos cosmonauts Nikolai Chub and Oleg Kononenko, will depart from the International Space Station aboard the Soyuz MS-25 spacecraft, and return to Earth.

Dyson, Chub, and Kononenko will undock from the orbiting laboratory’s Prichal module at 4:37 a.m. EDT Monday, Sept. 23, heading for a parachute-assisted landing at 8 a.m. (5 p.m. Kazakhstan time) on the steppe of Kazakhstan, southeast of the town of Dzhezkazgan.

NASA’s live coverage of return and related activities will stream on NASA+ and the agency’s website. Learn how to stream NASA content through a variety of platforms, including social media.

A change of command ceremony also will stream on NASA platforms at 10:15 a.m. Sunday, Sept. 22. Kononenko will hand over station command to NASA astronaut Suni Williams for Expedition 72, which begins at the time of undocking.

Spanning 184 days in space, Dyson’s mission includes covering 2,944 orbits of the Earth and a journey of 78 million miles. The Soyuz MS-25 spacecraft launched March 23, and arrived at the station March 25, with Dyson, Roscosmos cosmonaut Oleg Novitskiy, and spaceflight participant Marina Vasilevskaya of Belarus. Novitskiy and Vasilevskaya were aboard the station for 12 days before returning home with NASA astronaut Loral O’Hara on April 6.

Kononenko and Chub, who launched with O’Hara to the station on the Soyuz MS-24 spacecraft last September, will return after 374 days in space and a trip of 158.6 million miles, spanning 5,984 orbits.

Dyson spent her fourth spaceflight aboard the station as an Expedition 70 and 71 flight engineer, and departs with Kononenko, completing his fifth flight into space and accruing an all-time record 1,111 days in orbit, and Chub, who completed his first spaceflight.

After returning to Earth, the three crew members will fly on a helicopter from the landing site to the recovery staging city of Karaganda, Kazakhstan. Dyson will board a NASA plane and return to Houston, while Kononenko and Chub will depart for a training base in Star City, Russia.

NASA’s coverage is as follows (all times Eastern and subject to change based on real-time operations):

Sunday, Sept. 22
10:15 a.m. – Expedition 71/72 change of command ceremony begins on NASA+ and the agency’s website.

Monday, Sept. 23
12:45 a.m. – Hatch closing coverage begins on NASA+ and the agency’s website.

1:05 a.m. – Hatch closing

4 a.m. – Undocking coverage begins on NASA+ and the agency’s website.

4:37 a.m. – Undocking

6:45 a.m. – Coverage begins for deorbit burn, entry, and landing on NASA+ and the agency’s website.

7:05 a.m. – Deorbit burn

8 a.m. – Landing

For more than two decades, people have lived and worked continuously aboard the International Space Station, advancing scientific knowledge, and making research breakthroughs that are not possible on Earth. The station is a critical testbed for NASA to understand and overcome the challenges of long-duration spaceflight and to expand commercial opportunities in low Earth orbit. As commercial companies focus on providing human space transportation services and destinations as part of a robust low Earth orbit economy, NASA is focusing more resources on deep space missions to the Moon as part of Artemis in preparation for future human missions to Mars.

Learn more about International Space Station research and operations at:

https://www.nasa.gov/station

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SOURCE NASA

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Global claims guidance leader EvolutionIQ joins as CALI’s inaugural Life Partner

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21 mins ago

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September 19, 2024

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NEW YORK, Sept. 20, 2024 /PRNewswire/ — US-based EvolutionIQ, a global leader in claims guidance technology, has signed on as the Council of Australian Life Insurers (CALI)’s first Life Partner as part of its corporate partner program.

The CALI Partner Program is designed to foster collaboration and create a connected ecosystem of industry experts.

CALI Life Partners share the industry’s mission to make life insurance accessible, understandable and trusted. They are companies that support Australian life insurers to help Australians and their families have peace of mind about their future so they can live in the most healthy, confident and secure way.

“We are pleased to welcome EvolutionIQ as CALI’s inaugural Life Partner. The CALI Partner Program plays an important role in connecting our members to the latest innovators, like EvolutionIQ, that can move their businesses forward,” said CALI CEO Christine Cupitt.

“We want to work closely with each of our partners to strengthen and support the life insurance industry to deliver better customer experiences for millions of Australians on their best and worst days.”

Headquartered in New York, EvolutionIQ has expanded significantly since 2019. Its clients include major insurance carriers such as Sun Life, Reliance Matrix and Principal Financial. Their AI-powered software makes insurance claims processes more personalised, fair and cost-effective so that more people can recover faster and return to work.

“We are committed to supporting the Australian life insurance ecosystem and being a CALI Life Partner enables us to specialise our products to meet the dynamic needs of the Australian markets,” said EvolutionIQ’s Co-CEO, Mike Saltzman.

“Our partnership with CALI means we can contribute to and shape customer experiences in Australia, and ultimately help more people return to health and a livelihood sooner.”

About EvolutionIQ
EvolutionIQ pioneered Claims Guidance in 2019. Its explainable AI guides insurance claims professionals to their highest potential impact claims, improving the claimant experience and delivering better claim outcomes to claimants, carriers and their customers. EvolutionIQ serves the group disability, individual disability and workers’ compensation markets worldwide. EvolutionIQ’s AI native products have been adopted by 70% of the top 15 U.S. disability carriers and a growing list of workers’ compensation carriers. The New York-based company employs 185 staff across the United States, Europe and Australia. For more information, visit evolutioniq.com and follow the company on LinkedIn.

About CALI
We support Australians to make informed choices about their future and help them live in a healthy, confident and secure way over their lifetime.

Our members’ products and services give people peace of mind when making important decisions and provide a financial safety net during life’s biggest challenges.

We advocate for national policy settings that expand Australians’ access to the life insurance protection that suits them when they need it most.

CALI represents all life insurers and reinsurers in Australia. The Australian life insurance industry is today a $26.4billion industry, employing thousands of Australians and paying billions of dollars of benefits each year.

To view CALI’s corporate partners visit www.cali.org.au/about-us/#our-partners

For more information, visit www.cali.org.au

Media Contact
Jason Kapler
Vice President of Marketing
EvolutionIQ
(917) 740-5608
Press@evolutioniq.com

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SOURCE EvolutionIQ

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