Press release
Flexible Electronics Market valued at USD 20.72 Bn in 2021, is expected to witness substantial growth, reaching nearly USD 64.27 Bn by 2029, with a projected CAGR of 15.2 Percent during the forecast period
Flexible Electronics Market
The comprehensive report on the Flexible Electronics Market provides insights into the market's segments, including Application, End-User, and Region. Market data has been collected from industry participants across regions such as North America, Asia Pacific, Europe, Middle East & Africa, and South America. The report offers a thorough analysis of the market's historical trends from 2017 to 2021, using facts, figures, illustrations, and presentations. It explores the market's drivers, restraints, growth prospects, and barriers. The report also includes investor recommendations based on a detailed examination of the market's competitive landscape.
The report adopts a robust research methodology to gather and analyze accurate market data. Primary and secondary research techniques were employed, including interviews with industry experts, surveys, and company publications. The data collected was thoroughly validated and verified to ensure reliability and credibility.
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Flexible Electronics Market Dynamics:
One of the primary drivers of market growth is the increasing demand for consumer electronics. Flexible electronics, known for their low cost, durability, and reliability, are extensively used in mobile phones, computers, televisions, laptops, wearable technology, and other consumer electronic products. The demand for flexible electronics is closely tied to the growing popularity of consumer electronic devices. Despite a temporary setback in smartphone shipments due to the COVID-19 pandemic, the smartphone market is expected to rebound soon. The widespread adoption of portable electronic products across various industries is driving the growth of the flexible electronics industry.
High initial investment costs pose a significant restraint to the market's growth. While cost reduction is a driving force behind research and development in innovative technologies, the expenses associated with novel tools and components for flexible electronics innovation are relatively high. Manufacturers need to prioritize research and development to create value beyond cost savings, such as smaller and lighter, more resilient and flexible products. Material qualities can influence financial decisions across multiple technologies. The introduction of new technologies requires precise machinery and skilled personnel, adding to the overall expenditures. Thus, the substantial investment required acts as a hindrance to the growth of the flexible electronics market.
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Flexible Electronics Market Regional Insights:
Europe is experiencing rapid growth in the flexible electronics market, driven by the increasing demand for intelligent wearables and consumer electronics in the region. Smartphone subscriptions in Western Europe and Central and Eastern Europe were nearly 387 million and 347 Mn, respectively, in 2021, according to Ericsson. These numbers are projected to reach over 500 Mn and 510 Mn by 2025, respectively. The region is witnessing new product launches by market players, which are expected to fuel market growth. For instance, Zinergy UK Ltd introduced a new flexible Zinc-Carbon series at the Wearable Technology Exhibition in 2021, offering temperature and asset management control.
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Flexible Electronics Market Segmentation
By Application:
• Sensing
• Lighting
• Display
• Other
By End-User:
• Consumer Electronics
• Automotive
• Healthcare
• Military and Defense
• Other
By Vertical:
• Healthcare
• Consumer Electronics
• Energy & Power
• Aerospace
• Military
• Others
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Flexible Electronics Market Key Competitors include:
• E Ink Holdings Inc.
• Blue Spark Technologies
• Samsung Electronics Co. Ltd
• LG Electronics Inc.
• OLEDWorks LLC
• Royole Corporation
• FlexEnable Ltd
• PragmatIC Printing Ltd
• AU Optronics Co. Ltd
• Imprint Energy Inc.
• Flex Ltd
• Flexpoint Sensor Systems Inc.
• Panasonic Corporation
• The 3M Company
• Cymbet Corporation
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Table of Content for Flexible Electronics Market
Global Flexible Electronics Market: Research Methodology
Global Flexible Electronics Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Flexible Electronics Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Flexible Electronics Market Segmentation
Global Market, by Application (2021-2029)
Global Market, by End-User (2021-2029)
Global Market, by Vertical (2021-2029)
Regional Flexible Electronics Market (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by End-User (2021-2029)
Regional Market, by Vertical (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Application, End-User and Vertical
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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