Market Research Report
Europe Flexible Electronics Market Forecast 2021-2028
|Europe Flexible Electronics Market Forecast 2021-2028|
Published: July 19, 2021
Content info: 160 Pages
Delivery time: 2-3 business days
The Europe flexible electronics market is projected to record a CAGR of 7.63% during the forecast period, 2021-2028. The region has robust research and development capabilities with regard to printed and flexible electronics with high quality research centers and innovation networks.
Russia, the United Kingdom, Italy, Germany, France, Poland, Belgium, and Rest of Europe, are evaluated for the Europe flexible electronics market growth analysis. Germany has a sophisticated and innovative printing industry, which is a major asset for manufacturing processes. Also, it has an array of competent public research organizations like the Max Planck Institutes and Fraunhofer Gesellschaft. Moreover, large-scale efforts, like manufacturing capabilities, to develop flexible electronics and advanced organic electronics benefits market growth. The chief government entity funding research and development in flexible electronics is the Ministry of Education and Research (BMBF).
In Belgium, companies are engaged in the distribution of flexible displays. For example, SOFAR distributes the Flex-Display and Lumalie display systems. It has headquarters in Brussels. Also, companies are collaborating with other companies to increase the flexible electronics growth in the healthcare sector.
In Spain, the government approval for an energy storage strategy will place the country in a leading position and move towards its 2050 neutrality target. It entails policies like the promotion of green hydrogen, eliminating administrative barriers to enable new projects, new research and development efforts, and creating new business models. Such aspects will raise the usage of flexible photovoltaic.
Some prominent companies in the market include: First Solar, OLED Works Llc, Thinfilm Electronics ASA, E Ink Holdings Inc, Pragmatic Printing Ltd, etc.