Flexible Electronics Market Size, Share, Trends, Growth and Forecast 2028

Flexible Electronics Market

Flexible Electronics Market- By Component (Display, Battery, Sensors, and Memory) and By Application (Automotive, Consumer Electronics, Healthcare, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2022–2028

Category: Technology & Media Report Format : PDF Pages: 180 Report Code: ZMR-138 Published Date: Mar-2022 Status : Published
Market Size in 2021 Market Forecast in 2028 CAGR (in %) Base Year
USD 13.2 Billion USD 30.25 Billion 21% 2022

The global Flexible Electronics Market accrued earnings worth approximately 13.2 (USD Billion) in 2021 and is predicted to gain revenue of about 30.25 (USD Billion) by 2028, is set to record a CAGR of nearly 21% over the period from 2022 to 2028. The study provides assessment and analysis of the Flexible Electronics Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).

Flexible Electronics Market: Outlook

Flexible electronics is a technique used for assembling electronic circuits through mounting of electronic equipment on flexible plastic substrate including transparent conductive polyester, polyimide, and PEEK. These flex circuits can be screen printed silver circuits on polyester. Furthermore, humungous demand for flexible electronics is due to its low manufacturing costs, ruggedness, portability, and light-weight. Moreover, flexible electronics assemblies can be produced through use of identical components utilized for rigid printed circuit boards, thereby helping board to adapt to a required shape. Furthermore, flexible electronics finds plethora of application in gaming & entertainment sectors owing to its ability to roll, curve, fold, flex, and conform.

Flexible Electronics Market: Growth Dynamics

Growth of flexible electronics market over forecasting period is due to surge in sale of connected devices along with favorable policies of government towards use of flexible electronics. In addition to this, rise in portable products and smart electronics goods demand will prompt expansion of flexible electronics industry. Rapid surge in printed electronics will augment growth of flexible electronics industry. Breakthroughs in grid connection, displays, health monitoring system, power integration, and lightning technologies will enlarge scope of flexible electronics market. Escalating demand for compact electronic equipment across various sectors such as defense, automotive, consumer electronics, and healthcare will create new growth avenues for flexible electronics industry.

Moreover, onset of new technologies such as AI and IoT will open new vistas of growth for flexible electronics industry over forecasting timeline. Huge penetration of smart wearable equipment coupled with breakthroughs taking place in in-mold electronics will result in increment of size of flexible electronics market. Surge in acceptance of electronic parts in automotive sector is set to boost flexible electronics industry progression in years to come.                

Global Flexible Electronics MarketRequest Free Sample        

Flexible Electronics Market: Regional Insights

North America To Make Massive Contributions Towards Overall Market Size By 2028

Expansion of flexible electronics market in North America over forecasting timespan is owing to surge in use of digital & electronic parts in production of various consumer electronic equipment. Apart from this, immense use of flexible electronics in healthcare and automotive sectors will steer growth of flexible electronics industry in sub-continent over upcoming years. Escalating popularity of technologically advanced devices and designer equipment among end-users will account majorly towards regional market size.

Flexible Electronics Market: Competitive Insights

  • Solar Frontier Kabushiki Kaisha
  • Samsung Electronics Co.
  • Multi-Fineline Electronix
  • Pragmatic Printing Ltd.
  • The 3M Company
  • PARC
  • LG Corporation
  • Thinfilm Electronics ASA
  • Cymbet Corporation

Report Scope:

Report Attributes Report Details
Report Name Flexible Electronics Market Size Report
Market Size in 2020 USD 13.2 Billion
Market Forecast in 2028 USD 30.25 Billion
Growth Rate CAGR of 21%
Number of Pages 188
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Solar Frontier Kabushiki Kaisha, Samsung Electronics Co., Ltd., Multi-Fineline Electronix, Inc., Pragmatic Printing Ltd., The 3M Company, PARC, LG Corporation, Thinfilm Electronics ASA, and Cymbet Corporation, Inc.
Segments Covered By Equipment Type,By Meat Type ,and By Region
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Breakthroughs Witnessed in Flexible Electronics Market

Effective strategies adopted by business players have played a key role in growth of flexible electronics market in recent years. Let us discuss a few of them and roles played by these players in leveraging industry growth:

  • In September 2021, LG Chemical developed novel technology that can be utilized for foldable displays by using new material tools as well as coating technologies. This will help the firm enter & expand into next-generation materials industry within next few years.
  • In February 2022, Eaton Corporation PLC and LG Electronics joined hands to facilitate effective & seamless operations of flexible household energy management. As per the agreement, Eaton smart breakers & EV charging technology will sync with LG energy management services, thereby offering critical information & load management for solar & storage applications.

The global Flexible Electronics Market is segmented as follows:

By Component

  • Display
  • Battery
  • Sensors
  • Memory

By Application

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

Growth of Flexible Electronics Market over forecasting timeline is owing to surge in sale of connected devices along with favorable policies of government towards use of flexible electronics.   

According to Zion market research report, The global Flexible Electronics Market accrued earnings worth approximately 13.2 (USD Billion) in 2021 and is predicted to gain revenue of about 30.25 (USD Billion) by 2028, is set to record a CAGR of nearly 21% over the period from 2022 to 2028.

North America will contribute lucratively towards the global market revenue over the projected timespan. The regional market surge is due to prominent use of digital & electronic parts in production of various consumer electronic equipment.      

The key industry participants leveraging business landscape include Solar Frontier Kabushiki Kaisha, Samsung Electronics Co., Ltd., Multi-Fineline Electronix, Inc., Pragmatic Printing Ltd., The 3M Company, PARC, LG Corporation, Thinfilm Electronics ASA, and Cymbet Corporation, Inc.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed