The technology used in the production of flexible electronics enables the incorporation of various functionalities into one single device. For instance, sensors and cameras can be integrated with flexible displays to create smart watches or phones. Multifunctional electronics are also being used in healthcare and automotive industries. Moreover, the flexibility of these devices allows them to be used in irregular surfaces or curved applications. Moreover, the integration of IoT capabilities in flexible electronics is boosting the demand for these components.
Market Dynamics:
The increasing investments by governments and private firms in developing countries is expected to propel growth of the global flexible electronics market over the forecast period. The increasing focus on research and development of next-generation technologies is also bolstering the market.
However, several factors are posing challenges to the growth of the flexible electronics market. The high initial investment involved in establishing new manufacturing units is hampering the growth of the global flexible electronics market. The research and development process of new materials requires a huge amount of money and equipment. This in turn, has a direct impact on the cost of flexible electronics.
Key features of the study:
- This report provides in-depth analysis of the global flexible electronics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global flexible electronics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Au Optronics Corp., Blue Spark Technologies, Cymbet Corporation, E Ink Holdings Inc., Enfucell Softbattery, Imprint Energy Inc., LG Electronics, and Palo Alto Research Center Incorporated
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global flexible electronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global flexible electronics market
Detailed Segmentation:
- Global Flexible Electronics Market, By Component:
- Flexible Display
- Flexible Battery
- Flexible Sensor
- Biosensors
- CMOS Hybrid Sensors
- Photo Detectors
- Piezo Resistive
- Others
- Flexible Memory
- Flexible Photovoltaics
- Global Flexible Electronics Market, By Application:
- Consumer Electronics
- Automotive
- Medical & Healthcare
- Energy & Power
- Aerospace & Defense
- Others
- Global Flexible Electronics Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Au Optronics Corp.
- Blue Spark Technologies
- Cymbet Corporation
- E Ink Holdings Inc.
- Enfucell Softbattery
- Imprint Energy Inc.
- LG Electronics
- Palo Alto Research Center Incorporated
