About Stretchable Electronics
Stretchable electronics is a technology for building electronic circuits by depositing stretchable electronic circuits and devices onto stretchable substrates or embed them fully in stretchable material like silicones or polyurethanes. It’s also referred to as elastic electronics or elastic circuits. Stretchable electronics may be made by using a similar component used for rigid printed circuit boards. One of the things that need to vary is the substrate and the interconnections, being made stretchable, instead of flexible.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Stretchable Electronics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Adidas AG (Germany), Dupont & Co. (United States), 3M Co. (United States), Koninklijke Philips N.V. (Netherlands), Powerfilm, Inc. (United States), MC10 Inc. (United States), StretchSense Limited. (New Zealand), tacterion GmbH (Germany), E. I. du Pont de Nemours and Company (United States) and FINELINE Ltd. (Singapore) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Wise Srl (Italy), Express Circuits Group Ltd ( United Kingdom), IMEC VZW (Belgium), Cambrios Technologies Corporation (United States), Physical Optics Corporation (United States) and PARC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Stretchable Electronics market by , Application (Consumer Products {Mobile Devices, Wearable Devices, Sports, Cosmetics, Other Consumer Products}, Automotive Electronics, Healthcare {Digital Health Devices, Medical Devices}, Aerospace & Defense, Textiles and Telecom) and Region.
On the basis of geography, the market of Stretchable 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 Component, the sub-segment i.e. Stretchable Circuits will boost the Stretchable Electronics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Increasing Consumer Electronics Industry, Increased Utilization of Organic Solar Cells, Advances in Materials and Assembly Techniques, Miniaturization of Electronic Products for Better Operational Speed, Increasing Focus towards Development of Touch Sensitive E-Skin and Stretchable Sensors and Expanding the Internet of Things (IoT) Ecosystem
Challenges:
Lack of Awareness
Restraints:
Time Consuming and Laborious Manufacturing Process of the Stretchable Electronics, Stabilized Superior Technologies and Lack of Innovative and New Devices
Opportunities:
Infiltration Into Multiple Applications and Increasing Smart Sportswear Industry
On Jan. 17, 2018, DuPont Advanced Materials (DuPont) has announced its latest smart clothing technology under a new brand identity DuPont Intexar. The company has showcased various examples of Intexar smart clothing technology used for sports, fitness, and wellness at the 4th Wearable Expo in Tokyo Big Sight. Intexar is a great example of this, taking advantage of stretchable electronics to deliver seamless comfortable smart clothing.
Key Target Audience
Stretchable Electronics OEMs, End Users, and Other Stakeholders, Associations, Organizations, Forums, and Alliances Related To Stretchable Electronics, Government Bodies Such As Regulatory Authorities and Policymakers and Research Organizations and Consulting Companies
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.