The global flexible electronics market is anticipated to grow at a significant CAGR of 15.8% during the forecast period. Growing adoption of flexible devices in different applications such as consumer electronics, rise in demand for compact and energy-efficient electronics, increasing demand for biosensors in healthcare is the driving factor of the flexible electronics market. Tedious and time-consuming manufacturing processes, the high cost of circuits over rigid PCB is restraining the market. The introduction of new technologies such as flexible batteries for IoT and wearable devices is the opportunity of the global flexible market.
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Flexible electronics is an assembled electronic circuit of electronic devices on flexible plastic substrates made of polyimides, PEEK, or transparent conductive polyester films. 3D printing flexible electronic devices are advancing and have essential applications in the development of prosthetic organs for the disabled. Humanity & Inclusion, an NGO, had fabricated around 100 orthopedic electronic devices for the needy of Madagascar, Togo, Mali, Niger. Such 3D flexible electronics devices can directly print biomedical devices on the patient’s skin which improves surgery’s efficiency by increasing blood flow and reducing pain. Additionally, these devices are used to prepare prototypes in the mechanical and civil industry before giving the actual shape to the projected design. Thus such innovation will take the growth of the flexible electronics market to new heights.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Flexible Electronics Market Report Segment
By Components
- Flexible Display
- Flexible Battery
- Flexible Sensors
- Flexible Memory
By Application
- Consumer Electronics
- Healthcare
- Automotive
- Energy & Power
- Defense & Aerospace
- Others
Global Flexible Electronics Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global flexible electronics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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