Stretchable Electronics Market is Expected to Reach Approximately USD 763 Million by 2023 with 64% CAGR between 2018- 2023

Global Stretchable Electronics Market Research Report, by Component (Batteries, Circuits, Conductors, Sensors, Energy Harvesters, and Photovoltaic), by Applications (Consumer Electronics, Automotive, Aerospace & Defense, Healthcare, Textiles) by Forecast till 2023

According to Market Research Future analysis, stretchable electronics market has been valued at approximately over USD 763 million, growing with a 64% CAGR during the forecast period 2018-2023.

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Market Highlights:

Flexible and stretchable electronics are gaining tremendous popularity owing to, adaptability and lightweight characteristics in wearable electronics and devices. Flexible electronics are developed on heat-sensitive flexible substrates such as plastic, fabric or even papers while stretchable electronics are manufactured on elastomeric substrates to sustain large deformation in the commercial application. The demand for stretchable devices is presumed to be increasing due to advancements in technology fields such as stretchable electronics, wearable devices, intelligent robotics, and body-conformable devices.

For instance, sensory skins are in demand for implementing advanced robots which facilitate to interact with humans and adapts the surrounding without any help from external control. Stretchable electronics are widely used in technical applications and used in developing the electronic components in a flexible and stretchable form which include stretchable display units, stretchable logic gates, and memories. These devices are developed with different structures and are used to develop light-emitting diodes (LEDs), interconnects, dielectrics, and transistors.

The rising in demand for inexpensive materials in consumer appliances, increased implementation of solar cells in home appliances, and increase in awareness of wearable devices for the healthcare industry are expected to drive the market over the forecast period. On the flipside, long time and exhaustive manufacturing process for the production of stretchable devices, and high cost involved in developing stretchable technologies is expected to hinder the growth of stretchable electronics market. However, the stretchable electronics market is differentiated by component and application.

Segmentation:

By component, the stretchable electronics market is sub-segmented into batteries, circuits, electro-active polymers, stretchable conductors, stretchable Light emitting diodes, Stretchable sensors, Stretchable energy harvesters, and photovoltaic. Additionally, the stretchable sensors include stretchable strain sensors, stretchable pressure sensors, and stretchable temperature sensors. Furthermore, the stretchable energy harvesters include stretchable solar cells, piezoelectric energy harvesters, and thermoelectric energy harvesters.

On the basis of applications, the market is sub-segmented into consumer electronics products, automotive electronics, aerospace & defense, healthcare, textiles, and telecom. Furthermore, the consumer electronics products are categorized as mobile devices, wearable devices, and others.

Key Players:

Market research future identifies some of the key players of stretchable electronics market are PARC (U.S), Cambrios (U.S), PowerFilm (U.S), Koninklijke Philips N.V (Netherlands), Apple Inc, (U.S.), Adidas AG (Germany), 3M (U.S), DuPont (U.S), BodyMedia (U.S), Physical Optics Corporation (U.S), and MC10 (U.S).

Regional Analysis:

Geographically, the stretchable electronics market is segmented into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World.

North America is presumed to have significant growth in the stretchable electronics market. The U.S. and Canada are the leading countries in the region. The growth is attributed to increasing demand for wearable devices in the healthcare sector. Additionally, Europe is expected to have substantial growth over the next few years. The United Kingdom, Germany, and France are the leading countries in the region. This is due to surging awareness of wearable gadgets for gaming applications. Asia Pacific is also anticipated to be the fastest growing region in the stretchable electronics market over the forecast period. India, Japan, South Korea, and China are the leading countries in the stretchable electronics market. This is due to the presence of a large number of electronics and semiconductor manufacturers in the region.

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Target Audience:

• Associations & Industry Bodies
• Cloud Service Providers
• Technology Consultants
• Value Added Resellers
• Electronic Service Providers
• Research Firms
• Government Bodies, Regulatory Firms
• Engineers and Research consultant

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continued...

List of Tables
Table1 Global Stretchable Electronics Market: By Region, 2017-2023
Table2 North America Stretchable Electronics Market: By Country, 2017-2023
Table3 Europe Stretchable Electronics Market: By Country, 2017-2023
Continued...

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