PUBLISHER: Allied Market Research | PRODUCT CODE: 1239439
PUBLISHER: Allied Market Research | PRODUCT CODE: 1239439
Flexible sensors are a new class of sensors which conform to any shape and are also twistable, stretchable, and bendable, enabling new features, capabilities, and products. Flexible sensors are a potential method of creating scalable and intelligent products, with new applications such as wearable electronics. The substrate's flexibility, printable circuit's faster manufacturing process, and lower disposal risk following their use are important characteristics of flexible sensors.
The scope of the report discusses the potential opportunities for the key players to enter the printed and flexible sensors market. Furthermore, it provides an in-depth analysis of the market, outlining current trends, key driving factors, and key areas of investment. The report highlights drivers, restraints, opportunities, and growth strategies adopted by key players to understand dynamics and potential of the market. The study includes Porter's five forces analysis of the industry to determine impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
The printed and flexible sensors market is driven by its requirement in portable and smart electronic products from the consumer electronics industry. These sensors are also extensively required in healthcare industry, which uses a variety of them. And lastly, they are also expected to be in high demand for the deployment of Internet of Things (IoT). However, the market for printed and flexible sensors is restrained by their high manufacturing cost and the adolescent stage of the technologies used to manufacture them. Separately, the expanding number of applications of printed and flexible sensors presents an opportunity during the forecast period. To this end, considerable amounts of funds are being dedicated to research in flexible electronics and flexible sensors.
Competitive analysis and profiles of the major printed and flexible sensors market players that have been provided in the report include: Interlink Electronics Inc., Tekscan, Inc., PST Sensors (pty) Ltd., GSI Technologies, KWJ Engineering Inc., Peratech Holdco Limited, ISORG SA, Fujifilm Holding Corporation, Canatu Oy, and PolyIC. These key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration and business expansion to increase their market share in the global printed and flexible sensors market during the forecast period.