UK flexible electronics market is estimated to grow considerably at a CAGR of around 16.0% during the forecast period. UK is among the largest economy in Europe, majorly owing to its trading power and financial businesses. The rising penetration of advanced feature smartphones, laptops, and TV in UK is setting up the positioning of flexible electronics in the consumer electronics sector. According to UK’s communications regulator, Ofcom, around two-third of the population in UK owned a smartphone in 2015. As per Ofcom, nearly 33% of the internet users have accepted that smartphone is the most important device for their on-going life. This, in turn, is anticipated to increase the trend for flexible electronics in UK, owing to increasing demand for thin, lightweight, and appropriate shaped smartphones.
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The companies which are contributing to the growth of UK flexible electronics market include PragmatIC, 3M Co., BASF SE, Fujikura Ltd., LG Electronics, Inc., and Samsung Electronics Co., 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 November 2018, PragmatIC announced its strategic partnership with TALKIN’ THINGS. The collaboration is aimed at strengthening the consumer base and expansion of its product portfolio with the development of a custom integrated circuit system for the consumers. The company has also focused on brand protection of trillion of products.
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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
UK 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
UK 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)
Company Profiles
- 3M Co.
- BASF SE
- Cymbet Corp.
- FlexEnable Ltd.
- Fujikura Ltd.
- General Electric Co.
- LG Electronics, Inc.
- PragmatIC
- Samsung Electronics Co., Ltd.
- Xerox Corp.
The Report Covers
- Comprehensive research methodology of the UK 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 UK flexible electronics market.
- Insights about market determinants which are stimulating the UK 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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