Flexible Electronics Market: Post COVID Growth Opportunity Analysis, Key Players | Samsung Group, LG Corp, and Panasonic Corporation

The global Flexible Electronics market size is expected to reach $38.34 Billion by 2028 growing at the CAGR of 8.02% from 2021 to 2028.

Flexible electronics are expected to see a steep incline in growth during the forecast period. Such growth is driven by the increasing number of wearables sold on the market, increased usage of flexible electronics in smart appliances, and increasing government interest in governmental programs.

The rapid rise in global warming and environmental concerns has led to technological advances at an exponential rate while countries increasingly advance towards greener policies and promote eco-friendly products, thus resulting in the emergence of advanced flex circuits which require fewer materials and thus less energy than before.

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Key Players
Some of the major Flexible Electronics players holding high market share include Samsung Group, LG Corp, and Panasonic Corporation. These players use acquisition and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Samsung Group
● LG Corp.
● Panasonic Corporation
● The 3M Company
● Konica Minolta Inc.
● First Solar, Inc.
● E Ink Holdings
● PragmatIC Printing Ltd.
● Blue Spark Technologies, Inc.
● BrightVolt Technologies

The recently published research report on Global Flexible Electronics Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Flexible Electronics market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Flexible Electronics market report also includes the following data points:
● COVID19 Impact on Flexible Electronics market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in Flexible Electronics market

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Segmental Analysis

Market Segment By Structure Type with focus on market share, consumption trend, and growth rate of Flexible Electronics Market:
o Single-Sided Flex Circuit
o Double-Sided Flex Circuit
o Multilayer Flex Circuit
o Others

Market Segment By Vertical with focus on market share, consumption trend, and growth rate of Flexible Electronics Market:
o Solutions
o Services

Market Segment By Vertical with a focus on market share, consumption trend, and growth rate of Flexible Electronics Market:
o Military, Defense & Aerospace
o Automotive
o Industrial
o Consumer Electronics
o Others

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Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

APAC dominated the overall flexible electronics market, based on region, in 2020. Increased awareness regarding the opportunities offered by flexible electronics among companies in this region is expected to fuel the growth of the overall flexible electronics segment during the next few years. The presence of leading players from the flexible electronics ecosystem such as Samsung Group, LG Corporation, Panasonic Corporation, and Konica Minolta Inc. has helped APAC emerge as a key region for the development of the overall flexible electronics market.

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