Press release
Automobile Production Boosts Flexible Hybrid Electronics Market: A Key Catalyst Accelerating Flexible Hybrid Electronics Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Flexible Hybrid Electronics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of flexible hybrid electronics has experienced substantial growth recently. The value of the market is projected to increase from $0.12 billion in 2024 to $0.14 billion in 2025, reflecting a compound annual growth rate (CAGR) of 13.0%. Factors contributing to the past growth of this market include an increased demand for foldable displays, the development of flexible sensors, a shift towards 5G network usage, and the incorporation of flexible printed circuit boards.
Flexible Hybrid Electronics Market Size Forecast: What's the Projected Valuation by 2029?
Over the forthcoming years, a substantial growth is anticipated in the flexible hybrid electronics market, with projections pegging its worth at $0.22 billion in 2029 - marking a compound annual growth rate (CAGR) of 12.8%. The expected surge during this prediction period can be due to several factors such as resilience and localization of supply chains, regulatory initiatives from the government, the burgeoning aerospace and defense sectors, amplified research and development investments, and the simplification of electronic devices. On the horizon for this prediction period are the emerging trends including the progression of printed electronics, a highly escalating interest in Internet of Things (IoT) applications, advancements in pliable display technology, technological amalgamation, and the evolution of flexible sensor technology.
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What Are the Drivers Transforming the Flexible Hybrid Electronics Market?
The flexible hybrid electronics market is set to expand, fueled by the increasing production of automobiles. The term "automobiles" is used to describe autonomous four-wheeled vehicles powered by either an electric motor or an internal combustion engine, intended for public road use. The uptick in automobile production comes from the burgeoning global demand, advancements in technology, and growth in emerging market territories. Utilizing flexible hybrid electronics in these vehicles increases design adaptability and provides for the blending of lightweight, adaptable electronic systems for enhanced functionality and superior execution. For instance, the European Automobile Manufacturers' Association (ACEA), a Belgium-based automobile industry lobbying and standardization group, noted in January 2024 that the EU car market grew a solid 13.9% in 2023, with sales jumping to 867,052 units, a substantial increase from 2022. This resulted in a cumulative annual volume of 10.5 million units. A majority of markets experienced considerable increases, particularly in Italy (+18.9%), Spain (+16.7%), and France (+16.1%). Germany, on the other hand, reported a comparatively smaller annual growth of 7.3%. Consequently, the ramping up of automobile production proves to be a significant contributor to the growth observed in the flexible hybrid electronics market.
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What Trends Will Shape the Flexible Hybrid Electronics Market Through 2029 and Beyond?
Leading companies functioning in the flexible electronics and circuit industry are pushing for advancements in flexible circuit manufacturing procedures to boost their earnings. The advanced flexible circuit manufacturing refers to the creation methods enabling the construction of flexible printed circuit boards - capable of complex designs, promoting remarkable reliability, and having performance features. For example, in April 2024, Ennovi, a mobility electrification solutions provider located in Singapore, introduced a Flexible Cut Circuit (FDC) technology tailored for producing flexible circuits for use in low-voltage signal applications in electric vehicle (EV) battery cell contact systems. This revolutionary method delivers a more cost-effective and environmentally conscious alternative to traditional Flexible Printed Circuits (FPCs). The FDC technology optimizes the production process, supporting rapid continuous production and instant copper recycling, thus improving its green impact and efficiency.
Which Segments in the Flexible Hybrid Electronics Market Offer the Most Profit Potential?
The flexible hybrid electronics market covered in this report is segmented -
1) By Structure Type: Rigid Flex Circuit, Multilayer Flex Circuit, Double Sided Flex Circuit, Single Sided Flex Circuit, Other Structure Types
2) By Application: Displays, Batteries, Thin- Film Photovoltaics, Printed Sensors, Organic Light Emitting Diode Lighting, Other Applications
3) By Vertical: Industrial, Consumer Electronics, Automobile Industry, Military And Defense, Aerospace, Other Verticals
Subsegments:
1) By Rigid Flex Circuit: Rigid Flex PCB (Printed Circuit Board), Hybrid Rigid-Flex PCB
2) By Multilayer Flex Circuit: 3-Layer Flex Circuit, 4-Layer Flex Circuit, 5-Layer Flex Circuit, 6-Layer Flex Circuit, Multi-Layer Flex Circuit
3) By Double Sided Flex Circuit: 2-Layer Flex Circuit, Double Sided Polyimide Flex Circuit, Double Sided PET Flex Circuit
4) By Single Sided Flex Circuit: Single Sided Polyimide Flex Circuit, Single Sided PET Flex Circuit
5) By Other Structure Types: Flexible Hybrid Circuit (FHC), Flex-on-Flex Circuit, Stretchable Circuits, Integrated Flexible Circuits, 3D Flexible Electronics
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Which Firms Dominate the Flexible Hybrid Electronics Market by Market Share and Revenue in 2025?
Major companies operating in the flexible hybrid electronics market are Samsung Electronics Co Ltd., Panasonic Corporation, Jabil Inc., Flex Ltd., LG Display Co Ltd., Du Pont De Nemours and Company, AU Optronics Corporation, E Ink Holdings Inc., Royole Corporation, Pragmatic Semiconductor, Brewer Science Inc., NovaCentrix, Blue Spark Technologies Inc., Plastic Logic Limited, XENON Corporation, Ynvisible Interactive Inc., BeBop Sensors Inc., C3Nano Inc., Ares Materials Inc., MC10 Inc., Powercast Corporation, Canatu Oy, Polyera Corporation, American Semiconductor Inc., Imprint Energy Inc
Which Regions Offer the Highest Growth Potential in the Flexible Hybrid Electronics Market?
North America was the largest region in the flexible hybrid electronics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flexible hybrid electronics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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