(MENAFN- IMARC Group) According to the latest report by IMARC Group, titled “Flexible Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global flexible electronics market reached a value of US$ 25.3 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 11.7% during 2021-2026. Flexible electronics, or flex circuits, refer to a group of electronic devices made from a bilayer of active electronic components and stretchable substrates, such as transparent conductive polyester film, plastic, polyimide, paper, flex glass, and metal foil. These devices are cost-effective, lightweight, and bendable and can be incorporated into several consumer and industrial products. Flex circuits commonly function as connectors in health tracking tools, smartphones, automotive sensors, and security tags.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
Significant growth in the consumer electronics sector is majorly driving the global flexible electronics market growth. Rapid technological advancements, such as artificial intelligence (AI), flexible sensors and in-mold electronics (IME) in smart wearable devices, are further propelling the market growth. Moreover, flexible electronics are being widely used in implantable biomedical devices to accurately analyze various biological parameters, which is creating a positive outlook for the market. The development of innovative variants of the flex circuit, like thin-film solar modules that are commonly used in solar power systems, is acting as another growth-inducing factor in the market.
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
3M
E Ink Holdings
Konica Minolta
LG Group
Multi-Fineline Electronix
Panasonic
Pragmatic Printing
Samsung Group
Breakup by Application:
Displays
LCD Displays
OLED Displays
Thin-Film Photovoltaics (PV)
CdTe
CIGS
a-Si
Printed Sensors
Biosensors
Image sensors
Touch Sensors
Pressure Sensors
Temperature Sensors
Gas Sensors
Humidity Sensors
Batteries
Thin-Film Batteries
Curved Batteries
Printed Batteries
Others
OLED Lighting
Others
Breakup by Circuit Structure Type:
Single-Sided Flexible Circuit
Double-Sided Flexible Circuit
Multilayer Flexible Circuit
Sculptured Flexible Circuit
Others
Breakup by Vertical:
Consumer Electronics
Energy & Power
Healthcare
Automotive
Military and Defense
Aerospace
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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