The North American flexible electronics market is estimated to grow significantly at a CAGR of around 13.7% during the forecast period. North American region is one of the most established and significantly growing market in terms of flexible electronic products sale. The factor which aid in the growth of this region is growing demand for flexible, slimmer, and light weight gadgets. Demand for flexible electronics has substantially increased in the US followed by Canada. The region is projected to mount up the need of flexible electronics in healthcare applications. Due to rapid growth in health-conscious population in North America, companies are bringing wearable devices in their product portfolio which as a result is projected to contribute a huge share in flexible electronic market.
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The companies which are contributing to the growth of the North American flexible electronics market include 3M Co., BASF SE, Samsung Electronics Co., Ltd., LG Electronics, Inc., and Fujikura Ltd. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in May 2018, Cymbet Corp., Inc. has expanded its product portfolio by introducing an IC integrated with an ultra-low power Real-Time Clock (RTC), offering power management functions. The Power Management with RTC (PMRTC) aids in charging voltage options for wide range of backup power sources including EnerChips, rechargeable coin cells, and supercapacitors.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
North American Flexible Electronics Market by Type of Component
- Flexible Display
- OLED
- E-paper
- LCD
- Flexible Battery
- Flexible Sensors
- Biosensors
- CMOS Hybrid Sensors
- Photo Detectors
- Piezo Resistive
- Flexible Memory
North American Flexible Electronics Market by Application
- Consumer Electronics
- Smartphone and Tablets
- Wearable Devices
- Television
- Others (Smart Cards)
- Healthcare
- Automotive
- Energy and Power
- Defense and Aerospace
- Others (Biometrics)
Regional Analysis
- United States
- Canada
Company Profiles
- 3M Co.
- BASF SE
- Blue Spark Technologies, Inc.
- BrightVolt, Inc.
- Cymbet Corporation, Inc.
- First Solar, Inc.
- Front Edge Technology, Inc.
- Fujikura Ltd.
- General Electric Co.
- ITN Energy Systems, Inc.
- LG Electronics, Inc.
- Samsung Electronics Co., Ltd.
The Report Covers
- Comprehensive research methodology of the North American flexible electronics market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American flexible electronics market.
- Insights about market determinants which are stimulating the North American flexible electronics market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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