Dublin, March 28, 2024 (GLOBE NEWSWIRE) -- The "Flexible Electronics - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Flexible Electronics estimated at US$26.6 Billion in the year 2023, is projected to reach a revised size of US$89.2 Billion by 2030, growing at a CAGR of 16.3% over the analysis period 2023-2030.
Electronic Displays, one of the segments analyzed in the report, is projected to record 15.8% CAGR and reach US$52.9 Billion by the end of the analysis period. Growth in the Flexible Electronic Batteries segment is estimated at 19.6% CAGR for the next 8-year period.
The Flexible Electronics market in the U.S. is estimated at US$4.5 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$40.5 Billion by the year 2030 trailing a CAGR of 19.4% over the analysis period 2023 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.6% and 13.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR.
Key Market Trends & Drivers:
- Stretchable Sensors and Electronics Grow in Prominence
- Material and Design Advancements Enable Stretchable Interconnects in Flexible Circuits
- New Stretchable Materials Expand Potential of Design Innovations
- Smart Products Drive Growth of Flexible Hybrid Electronics
- Flexible Inorganic Bioelectronics: A Rapidly Evolving Field
- Production of Flexible and Stretchable Inorganic Devices
- Emerging Innovative Applications in Bioelectronics
- Growing Role of Electronics in Bioelectronic Medicine Presents New Opportunities
- Advances in Organic Electronics and Flexible Sensors Extend Application of Flexible Electronics in Soft Robotics
- Flexible Displays Drive Momentum in the Flexible Electronics Market
- OLEDs Emerge as a Key Segment
- E-paper Seeks Role in Flexible Displays Domain
- Soaring Demand for Advanced Consumer Electronics Accelerates Market Growth
- Growing Number of Consumer Electronics Users Bodes Well for Future Market Prospects
- Smartphones: A Fast Growing Market for Flexible Electronics
- Other Major Consumer Electronic Markets
- Expanding Role of Electronics in the Healthcare Sector to Drive Demand
- Digital Transformation Catalyzed by the Pandemic Provides the Perfect Platform for Growth in the Post COVID-19 Period.
- Robust Outlook for Wearables to Benefit Flex Circuit Demand
- Global Wearables Shipments (in Million Units): 2014-2023
- Vital Role of Flexible Sensors in Emerging IoT Applications
- Increased Investments on Smart Cities to Generate Opportunities
- Rising Demand for Portable Devices Drives Flexible Batteries Market
- Flexible Electronics Seek Role in Automotive Industry
- Flexible PV Technologies Make a Cut
- Growing Interest on Building Integrated Photovoltaics Augurs Well for Market Growth
- Roll-to-Roll (R2R) Emerges as Viable Processing Technology
- Key Benefits Offered Drive Deployment of R2R Technology
- Graphene: A Potent Material for Flexible, Foldable and Stretchable Electronic Devices
The report features profiles of 60+ featured companies. A selection of companies in the report includes:
- BASF
- 3M Company
- Applied Materials
- Amphenol
- AI Technology
- Blue Spark Technologies
- AirBorn
- Alba Elettronica
- American Circuit Technology
- Andus Electronic
- Circuitronics
- Cirexx International, Inc.
- Cirly SAS
- CONTAG
- BrightVolt
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Flexible Electronics: An Introductory Prelude
- Substrate Materials Used in Flexible Electronics
- Application Segments
- End-Use Sectors
- Recent Market Activity
- Wide Addressable Market Sustains Growth Opportunities
- Asia-Pacific: An Important Regional Market
- Developed Regions to Remain Key Revenue Contributors
- Flexible Electronics - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Global Displays Market by Type (2018 & 2024): Percentage Breakdown of Dollar Shipments for Conventional Displays and Flexible Displays
- Global Flexible Displays Market by Application: 2023
- Global Flexible Display Market by Type: 2023
- Global Smartphone Shipments by Display Technology: 2019 and 2025
- Global Smartphone Flexible Displays Market by Type (2023): Percentage Breakdown of Unit Shipments for Curved & Bendable and Foldable Displays
- Global Smartphone Sales in Million Units: 2010-2023
- Other Major Consumer Electronic Markets
- Opportunity Indicator: Global PC Shipments (In Million Units) for the Years 2017, 2018, 2019, 2021 & 2023
- Global Medical Devices Industry (In US$ Billion) for the Years 2000, 2023 & 2025
- Global Wearables Shipments (in Million Units): 2014-2023
- Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
- Global Smart Cities Market Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
- World Automobile Production in Million Units: 2008-2023
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- United States
- Canada
- Japan
- China
- Europe
- France
- Germany
- Italy
- United Kingdom
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- Australia
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Iran
- Israel
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East
- Africa
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ep4ebx
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