Global Flexible Electronics Market
DUBLIN, Jan. 18, 2023 (GLOBE NEWSWIRE) — The “Flexible Electronics Global Market Report 2022” report has been added to ResearchAndMarkets.com’s supply.
This report provides strategists, marketers, and senior management with the key information needed to assess the global Flexible Electronics market.
This report focuses on the flexible electronics market which is experiencing strong growth. The report provides a guide to the flexible electronics market that will shape and change our lives over the next decade and beyond, including the market’s response to the challenges of the global pandemic.
The global flexible electronics market is expected to grow from USD 24.07 billion in 2021 to USD 26.92 billion in 2022, at a compound annual growth rate (CAGR) of 11.8%. The flexible electronics market is expected to grow to USD 45.88 billion by 2026, at a CAGR of 14.3%.
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The key players in the flexible electronics market are Blue Spark Technologies, Cymbet Corporation, E ink Holdings Inc, Imprint Energy Inc, LG Electronics, Solar Frontier, and Samsung electronics co. ltd., AU Optronics, Enfucell Softbattery, Palo Alto Research Center Merger, Oledworks LLC, Royole Corporation, Flexenable ltd, Flex ltd and Flexpoint Sensor Systems Inc.
The flexible electronics market includes the sale of flexible electronics by entities (organizations, individual traders, partnerships) that refer to flexible circuits, also known as Ether) technology for assembling electronic circuits Etherketone (PEEK) or transparent conductive polyester film, flexible circuits can be screen printed silver circuits on polyester.
The main types of flexible electronics are flexible displays, flexible batteries, flexible sensors, flexible memories, and flexible photovoltaics. The flexible display is a flexible display made of Organic Light Emitting Diode (OLED) display as a material. The circuit structure has single-sided, double-sided, etc., and is suitable for displays, thin-film photovoltaics, printed sensors, batteries, and organic light-emitting devices. Light Emitting Diode (OLED) lighting and other applications in consumer electronics, energy and power, healthcare, automotive, military and defense, aerospace and other verticals.
Asia Pacific is the largest region for the flexible electronics market in 2021. Europe is expected to be the fastest growing region during the forecast period. Regions covered in the flexible electronics market report include Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Growing demand for consumer electronic devices is driving the growth of the flexible electronics market. Consumer Electronics (CE) means any electronic device that is purchased and used on a regular basis by an end user or consumer for non-commercial or professional use.
Consumer electronics uses flexible electronics in most of the electronic devices, thus, the growing demand for consumer electronics has increased the demand for the flexible electronics market. For example, in 2021, according to the Retailers Association of India (RAI), the Retail Trade Association of India’s sales of consumer electronics and appliances increased by 23.5% in the third quarter of 2021 compared to the same period in 2020. Hence, the growing demand for consumer electronics is driving the flexible electronics market.
Technological innovations are shaping the mobile gaming market. Technological innovations and growing trends in mobile gaming technologies are also encouraging the market demand. For example, in 2022, NextFlex, the U.S. flexible hybrid electronics (FHE) manufacturing institute, released its latest request for proposals, Project Call 7.0 (PC 7.0), to fund projects that facilitate the development and deployment of FHE while addressing major issues in advanced manufacturing and in support of national defense issues of ministry priorities.
PC 7.0 builds on the success and maturity of previous project calls, continuing to use broadly defined topics to support a diverse proposer base, with a particular focus on areas where FHE can impact high-priority U.S. manufacturing opportunities and emerging in FHE important areas of the community.
Further innovations are, for example, in 2021, Royole Corporation, a pioneer and global leader in flexible electronics, announced the launch of the world’s first open-platform flexible electronics development kit, Royole RoKit. The RoKit is a developer-friendly all-in-one flexible electronics development kit that integrates Royole’s flexible display and sensor technology with programmable hardware for product designers and application developers to discover and harness the power of flexible technology.
Countries covered in the Flexible Electronics Market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, United States.
Key topics covered:
2. Characteristics of flexible electronics market
3. Flexible electronics market trends and strategies
4. Impact of COVID-19 on Flexible Electronics
5. Flexible Electronics Market Size and Growth
5.1. Global Flexible Electronics Historical Market, 2016-2021, Billion USD
5.1.1. Market drivers
5.1.2. Market restrictions
5.2. Global Flexible Electronics Market Forecast, 2021-2026F, 2031F, USD Billion
5.2.1. Market drivers
5.2.2. Market restrictions
6. Flexible Electronics Market Segmentation
6.1. Global Flexible Electronics Market, Segmentation by Component, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion
6.2. Global Flexible Electronics Market, Segmentation by Circuit Structure, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion
6.3. Global Flexible Electronics Market, Segmentation by Application, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion
6.4. Global Flexible Electronics Market, Segmented by Vertical, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion
Consumer electronics products
Energy and Power
Military and Defense
Other vertical industries
7. Regional and Country Analysis of Flexible Electronics Market
7.1. Global Flexible Electronics Market, By Region, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion
7.2. Global Flexible Electronics Market, By Country, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion
For more information on this report, please visit https://www.researchandmarkets.com/r/a32u2j
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