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Laser Induced Forward Transfer Market - Forecast(2021 - 2026)

Laser Induced Forward Transfer Market size was valued at $210.4 million in 2020, and it is estimated to grow at a CAGR of 5.1% during 2021-2026. The growth is mainly attributed to the increasing demand for miniaturized electronics and high application of direct laser writing assisted printings in material science for 3D microstructures and this further propels the laser pulse induced forward transfer market. The market growth is attributed to the factors such as rapid industrialisation, growing demand from textile and packaging industries and others. Moreover, growing demand of printing for e- commerce also boosts the market growth. The high cost of the equipment and installation cost hinders the market growth of digital printing and thereby LIFT printing. Moreover, high cost of inks, maintenance and support costs also plays the role in hindering the market growth. Laser Induced Forward Transfer Market Report Coverage The report: “Laser Induced Forward Transfer Market Forecast (2021-2...