About Flexible Electronics
Flexible electronics is a thin electronic film, also known as flex circuits, it is a technology for accumulating electronic circuits by mounting electronic devices on flexible plastic substrates. It also forms the basis of flexible electronics. Moreover, technological innovation in the field of displays, sensors, and energy conversion is also making an impact on the market. Furthermore, rising development foe wearable electronic gadgets are also driving the industry.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.21% |
The competitive landscape of flexible electronics is expected to remain dynamic in the coming years, with new players emerging and established players adapting their strategies. The companies that can successfully navigate these trends and develop innovative solutions are likely to be the winners in this exciting market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Flexible Electronics market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LG Display (South Korea), Samsung Display (South Korea), Solicore (United States), Planar Energy Devices (United States), AU Optronics (Taiwan), Blue Spark Technologies (United States), Cymbet (United States), E Ink Holdings (Taiwan) and Enfucell (Finland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Flexible Electronics market by Type (Flexible Batteries (Thin Film Batteries By Rechargeability), Flexible Displays (OLED, E-Paper, LCD), Flexible Sensors (Bio Sensors, CMOS Hybrid Sensors, Photo Detectors, Piezo Resistive, Others) and Other), Application (Consumer Electronics, Automotive, Healthcare, Industrial and Other) and Region.
On the basis of geography, the market of Flexible Electronics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Circuit Structure, the sub-segment i.e. Single-sided Flex Circuit will boost the Flexible Electronics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Trend of Wearable Gadgets Across the World and Technological Advancements in Electronics and Semiconductors offer Advantages in Terms of Product
Market Growth Drivers:
Widespread Application in Exible solar cell arrays and Exible OLED Electronics which are Fabricated on the Plastic Substrate and Growing Preference for Consumer Towards Handy, Lightweight and Durable Electronic Devices
Challenges:
Issue Related Towards the Time taking Manufacturing Process of these Flexible Electronics and High Cost of these Electronics
Restraints:
Competition Faced by Alternate Technologies such as LCD, Led and Printed Electronics and Complexity Related to Assembling these Flexible Circuits
Opportunities:
Growing Application in Consumer Electronics, Medical, and Healthcare, and Power and Energy, Automotive and Defense and Rapid Pace in Urbanization across the Globe
Market Leaders and their expansionary development strategies
In May 2023, Celanese announced a new strategic partnership between its Micromax™ Electronic Inks and Pastes and nScrypt, which designs and manufactures high-precision microdispensing and direct digital manufacturing (3D printing) equipment for various industrial applications.
In November 2023, Materic Announces Launch of Direct Silve Nanowires for Flexible Electronics. The silver nanowires can be used in a range of applications including flexible electronics, transparent conductive electrodes for touch screen displays and solar cells, sensors, and high-performance electromagnetic interference.
Key Target Audience
Flexible Electronics Manufacture, Flexible Electronics Distributor, Flexible Electronics Suppliers, End-User, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.