![Flexible Electronics Market Size, Industry Analysis By Component (Flexible Display [OLED, E-paper, and LCD], Flexible Battery, Flexible Sensor [Bio Sensors, CMOS Hybrid Sensors, Photo Detectors, Piezo Resistive, and Others], Flexible Memory, and Flexible Photovoltaics) and Application (Consumer Electronics, Automotive, Medical & Healthcare, Energy & Power, Aerospace & Defense, and Others) – Global, Trends, Share And Forecast 2023-2030](https://www.infinitivedataexpert.com/assets/img/infinitive-Report-Cover.png)
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The global market for flexible electronics is expected to grow from its 2022 valuation of $23.69 billion to $42.50 billion by 2030, at a CAGR of 8.4% between 2023 and 2030. It is possible to bend, roll, fold, and stretch flexible electronics because they are made of a bilayer of thin passive substrate topped with a second layer of active electrical components.
The term "flexible electronics" is used to describe the global market for electronic components and systems that can be molded to fit a wide variety of different shapes and surfaces. Lightweight, flexible, and stretchy electronic devices are made possible by the use of sophisticated materials including organic polymers, thin films, and flexible substrates in the field of flexible electronics. The devices' mobility, durability, and adaptability make them useful in a wide variety of fields, from consumer electronics to healthcare to transportation to aerospace. Constant technical breakthroughs, rising demand for wearable devices, and the combination of flexible electronics with the Internet of Things (IoT) characterize the worldwide flexible electronics industry, which in turn drives innovation and shapes the future of electronic products and systems.
Growth in the global flexible electronic market is anticipated to be mostly driven by the rising demand for portable electronic devices like laptops and smartphones, as well as the widespread use of flexible electronics like flexible batteries and displays in the consumer electronics sector. Manufacturers in the consumer electronics industry are concentrating on making cutting-edge goods that are both compact and functionally superior. Lightweight, tough, bendable, and long-lasting goods can be created with the help of integrated flexible screens and batteries.
Medical technology, surgical methods, and diagnostic resources are all advancing at a breakneck pace in today's healthcare system. Medical gadgets and equipment with superior electrical characteristics, flexibility, and stretchability are in high demand as minimum surgical and diagnostic procedures gain popularity among customers. The global flexible electronic market is predicted to rise thanks to a number of factors, including the rising demand for sophisticated medical devices and equipment, which in turn will boost the demand for flexible batteries and sensors. The multi-vital blood pressure patch, for example, was released by Vivalink, a worldwide digital healthcare solution supplier, for sale and research and development in May 2022. This patch uses electrical signal technology to monitor and record vital signs such an electrocardiogram (ECG), heart rate, breathing rate, and more.
Because of their portability and adaptability, flexible electronics are gaining popularity. Because of its adaptability, it may be used with a wide range of substrates, including flex glass, plastics, and even paper. The increasing use of novel materials in the production of consumer goods, as well as the growing need for distinctively designed consumer and industrial products, are driving growth in the global market for flexible electronics. The proliferation of wearable technology is fueling the expansion of the flexible electronics industry. The versatility of flexible electronics has led to its widespread use in the production of modern wearable electronics. The expanding demand for IoT products all around the world is a key factor in the industry's growth. The market for flexible electronics is anticipated to be driven by the rising demand for the small and innovative smart consumer electronics among customers worldwide. Additionally, printed electronics' surging popularity is having a constructive effect on the expansion of the market.
Adoption of flexible electronics is being driven by the increasing complexity of designs for various electronic goods like smartphones, tablets, laptops, and smartwatches. Flexible electronics are becoming increasingly popular as a means of mass-producing a wide range of compact and flexible electronic devices for use in fields as diverse as healthcare, the military, aerospace, and many others. The need for flexible electronics is expected to rise in the next years as a result of ongoing projects related to the creation of multiple smart cities in various nations. In addition, LEDs and OLEDs are using flexible electronics, thus the increasing prevalence of these technologies is a key factor in the market's expansion.
Growth in sales of IoT devices and rising government concern for flexible electronics point to a prosperous future for the flexible electronics sector. Market expansion is also anticipated to be driven by the increasing demand for mobile and intelligent electronics. In addition, advancements in printed electronics are fueling the market's expansion, opening up lucrative new avenues of use. Due to these considerations, it is predicted that the flexible electronics industry would expand rapidly in the coming years.
Displays, lighting, grid connection, power integration, health monitoring systems, and more are just some of the industries that could benefit greatly from the flexible electronics sector. The growth of "smart cities" and "connected infrastructure" relies heavily on it as well. The expansion of the flexible electronics market is expected to be bolstered by these end-uses over the predicted time frame. However, budget constraints pose a serious threat to the market's expansion. In addition, it is predicted that developments in flexible electronics technology would open up lucrative opportunities for business.
Report Coverage
Global Flexible Electronics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Flexible Electronics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Flexible Electronics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Flexible Electronics market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Flexible Electronics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Flexible Electronics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Japan Display Inc. (Japan), BOE Technology Group Co., Ltd. (China), AU Optronics Corp. (Taiwan), Innolux Corporation (Taiwan), Royole Corporation (United States), E Ink Holdings Inc. (Taiwan), Truly International Holdings Limited (Hong Kong), Tianma Microelectronics Co., Ltd. (China), Sharp Corporation (Japan), Visionox Technology Inc. (China), FlexEnable Limited (United Kingdom), JOLED Inc. (Japan), Plastic Logic Germany GmbH (Germany)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Flexible Electronics market based on the below-mentioned segments:
Global Flexible Electronics Market, By Component
Flexible display
Flexible battery
Flexible sensors
Flexible memory
Flexible photovoltaics
Global Flexible Electronics market, By Application
Consumer Electronics
Automotive
Medical & Healthcare
Energy & Power
Aerospace and Defense
Others
Global Flexible Electronics market, Regional Analysis
The term "flexible electronics" is used to describe the global market for electronic components and systems that can be molded to fit a wide variety of different shapes and surfaces. Lightweight, flexible, and stretchy electronic devices are made possible by the use of sophisticated materials including organic polymers, thin films, and flexible substrates in the field of flexible electronics. The devices' mobility, durability, and adaptability make them useful in a wide variety of fields, from consumer electronics to healthcare to transportation to aerospace. Constant technical breakthroughs, rising demand for wearable devices, and the combination of flexible electronics with the Internet of Things (IoT) characterize the worldwide flexible electronics industry, which in turn drives innovation and shapes the future of electronic products and systems.
Growth in the global flexible electronic market is anticipated to be mostly driven by the rising demand for portable electronic devices like laptops and smartphones, as well as the widespread use of flexible electronics like flexible batteries and displays in the consumer electronics sector. Manufacturers in the consumer electronics industry are concentrating on making cutting-edge goods that are both compact and functionally superior. Lightweight, tough, bendable, and long-lasting goods can be created with the help of integrated flexible screens and batteries.
Medical technology, surgical methods, and diagnostic resources are all advancing at a breakneck pace in today's healthcare system. Medical gadgets and equipment with superior electrical characteristics, flexibility, and stretchability are in high demand as minimum surgical and diagnostic procedures gain popularity among customers. The global flexible electronic market is predicted to rise thanks to a number of factors, including the rising demand for sophisticated medical devices and equipment, which in turn will boost the demand for flexible batteries and sensors. The multi-vital blood pressure patch, for example, was released by Vivalink, a worldwide digital healthcare solution supplier, for sale and research and development in May 2022. This patch uses electrical signal technology to monitor and record vital signs such an electrocardiogram (ECG), heart rate, breathing rate, and more.
Because of their portability and adaptability, flexible electronics are gaining popularity. Because of its adaptability, it may be used with a wide range of substrates, including flex glass, plastics, and even paper. The increasing use of novel materials in the production of consumer goods, as well as the growing need for distinctively designed consumer and industrial products, are driving growth in the global market for flexible electronics. The proliferation of wearable technology is fueling the expansion of the flexible electronics industry. The versatility of flexible electronics has led to its widespread use in the production of modern wearable electronics. The expanding demand for IoT products all around the world is a key factor in the industry's growth. The market for flexible electronics is anticipated to be driven by the rising demand for the small and innovative smart consumer electronics among customers worldwide. Additionally, printed electronics' surging popularity is having a constructive effect on the expansion of the market.
Adoption of flexible electronics is being driven by the increasing complexity of designs for various electronic goods like smartphones, tablets, laptops, and smartwatches. Flexible electronics are becoming increasingly popular as a means of mass-producing a wide range of compact and flexible electronic devices for use in fields as diverse as healthcare, the military, aerospace, and many others. The need for flexible electronics is expected to rise in the next years as a result of ongoing projects related to the creation of multiple smart cities in various nations. In addition, LEDs and OLEDs are using flexible electronics, thus the increasing prevalence of these technologies is a key factor in the market's expansion.
Growth in sales of IoT devices and rising government concern for flexible electronics point to a prosperous future for the flexible electronics sector. Market expansion is also anticipated to be driven by the increasing demand for mobile and intelligent electronics. In addition, advancements in printed electronics are fueling the market's expansion, opening up lucrative new avenues of use. Due to these considerations, it is predicted that the flexible electronics industry would expand rapidly in the coming years.
Displays, lighting, grid connection, power integration, health monitoring systems, and more are just some of the industries that could benefit greatly from the flexible electronics sector. The growth of "smart cities" and "connected infrastructure" relies heavily on it as well. The expansion of the flexible electronics market is expected to be bolstered by these end-uses over the predicted time frame. However, budget constraints pose a serious threat to the market's expansion. In addition, it is predicted that developments in flexible electronics technology would open up lucrative opportunities for business.
Report Coverage
Global Flexible Electronics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Flexible Electronics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Flexible Electronics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Flexible Electronics market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Japan Display Inc. (Japan), BOE Technology Group Co., Ltd. (China), AU Optronics Corp. (Taiwan), Innolux Corporation (Taiwan), Royole Corporation (United States), E Ink Holdings Inc. (Taiwan), Truly International Holdings Limited (Hong Kong), Tianma Microelectronics Co., Ltd. (China), Sharp Corporation (Japan), Visionox Technology Inc. (China), FlexEnable Limited (United Kingdom), JOLED Inc. (Japan), Plastic Logic Germany GmbH (Germany) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Flexible Electronics Market from 2021 to 2030.
- Market Forecast for Flexible Electronics Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Flexible Electronics competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Flexible Electronics
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Flexible Electronics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Flexible Electronics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Japan Display Inc. (Japan), BOE Technology Group Co., Ltd. (China), AU Optronics Corp. (Taiwan), Innolux Corporation (Taiwan), Royole Corporation (United States), E Ink Holdings Inc. (Taiwan), Truly International Holdings Limited (Hong Kong), Tianma Microelectronics Co., Ltd. (China), Sharp Corporation (Japan), Visionox Technology Inc. (China), FlexEnable Limited (United Kingdom), JOLED Inc. (Japan), Plastic Logic Germany GmbH (Germany)
Primary Target Market
- Market Players of Flexible Electronics
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Flexible Electronics market based on the below-mentioned segments:
Global Flexible Electronics Market, By Component
Flexible display
Flexible battery
Flexible sensors
Flexible memory
Flexible photovoltaics
Global Flexible Electronics market, By Application
Consumer Electronics
Automotive
Medical & Healthcare
Energy & Power
Aerospace and Defense
Others
Global Flexible Electronics market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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