The global flexible electronics market is anticipated to grow at a significant CAGR of 15.8% during the forecast period. Growing adoption of flexible devices in different applications such as consumer electronics, rise in demand for compact and energy-efficient electronics, increasing demand for biosensors in healthcare is the driving factor of the flexible electronics market. Tedious and time-consuming manufacturing processes, the high cost of circuits over rigid PCB is restraining the market. The introduction of new technologies such as flexible batteries for IoT and wearable devices is the opportunity of the global flexible market.
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Flexible electronics is an assembled electronic circuit of electronic devices on flexible plastic substrates made of polyimides, PEEK, or transparent conductive polyester films. 3D printing flexible electronic devices are advancing and have essential applications in the development of prosthetic organs for the disabled. Humanity & Inclusion, an NGO, had fabricated around 100 orthopedic electronic devices for the needy of Madagascar, Togo, Mali, Niger. Such 3D flexible electronics devices can directly print biomedical devices on the patient’s skin which improves surgery’s efficiency by increasing blood flow and reducing pain. Additionally, these devices are used to prepare prototypes in the mechanical and civil industry before giving the actual shape to the projected design. Thus such innovation will take the growth of the flexible electronics market to new heights.
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Market Segmentation
Global Flexible Electronics Market by Components
- Flexible Display
- Flexible Battery
- Flexible Sersors
- Flexible Memory
Global Flexible Electronics Market by Application
- Consumer Electronics
- Healthcare
- Automotive
- Energy & Power
- Aerospace&Defense
- Others
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- 3M Co.
- BASF SE
- Blue Spark Technologies
- BrightVolt Solid State Batteries
- Cymbet Corp.
- Dai Nippon Printing (DNP) Group
- E Link Holdings, Inc.
- First Solar, Inc.
- Front Edge Technology, Inc.
- Fujikura, Ltd.
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