Flexible Electronics Market 2020-2025: Key Players, Outlook, Share, Size, Growth, and Forecast - IMARC Group
According to the latest report by IMARC Group, titled “Flexible Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global flexible electronics market reached a value of US$ 22.5 Billion in 2019. Looking forward, IMARC Group expects the market to reach a value of US$ 44.4 Billion by 2025, registering a CAGR of 12% during 2020-2025. Flexible electronics, or flex circuits, refer to a group of electronic devices made from a bilayer of active electronic components and stretchable substrates, such as transparent conductive polyester film, plastic, polyimide, paper, flex glass, and metal foil. These devices are cost-effective, lightweight, and bendable and can be incorporated into several consumer and industrial products. Flex circuits commonly function as connectors in health tracking tools, smartphones, automotive sensors, and security tags.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends:
Significant growth in the consumer electronics sector is majorly driving the global flexible electronics market growth. Rapid technological advancements, such as artificial intelligence (AI), flexible sensors and in-mold electronics (IME) in smart wearable devices, are further propelling the market growth. Moreover, flexible electronics are being widely used in implantable biomedical devices to accurately analyze various biological parameters, which is creating a positive outlook for the market. The development of innovative variants of the flex circuit, like thin-film solar modules that are commonly used in solar power systems, is acting as another growth-inducing factor in the market.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• 3M
• E Ink Holdings
• Konica Minolta
• LG Group
• Multi-Fineline Electronix
• Panasonic
• Pragmatic Printing
• Samsung Group
Breakup by Application:
• Displays
o LCD Displays
o OLED Displays
• Thin-Film Photovoltaics (PV)
o CdTe
o CIGS
o a-Si
• Printed Sensors
o Biosensors
o Image sensors
o Touch Sensors
o Pressure Sensors
o Temperature Sensors
o Gas Sensors
o Humidity Sensors
• Batteries
o Thin-Film Batteries
o Curved Batteries
o Printed Batteries
o Others
• OLED Lighting
• Others
Breakup by Circuit Structure Type:
• Single-Sided Flexible Circuit
• Double-Sided Flexible Circuit
• Multilayer Flexible Circuit
• Sculptured Flexible Circuit
• Others
Breakup by Vertical:
• Consumer Electronics
• Energy & Power
• Healthcare
• Automotive
• Military and Defense
• Aerospace
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Key highlights of the Report:
• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.