Market Research Report
North America Flexible Electronics Market Forecast 2021-2028
|North America Flexible Electronics Market Forecast 2021-2028|
Published: July 19, 2021
Content info: 147 Pages
Delivery time: 2-3 business days
The North America flexible electronics market is anticipated to register a CAGR of 6.47% during the forecast period, 2021-2028. The increasing demand for flexible and lightweight gadgets and the growing need for flexible electronics in healthcare applications drive market growth.
Canada and the United States are assessed for the North America flexible electronics market growth evaluation. Canada is second to the US in the North American market in terms of growth opportunities. The country has several organizations and institutions with central roles in the emerging technologies of flexible electronics. For example, the UBC Centre for Flexible Electronics and Textiles (CFET) was awarded $5M to establish unique facilities for integrating and designing flexible and low-cost electronic materials, textiles, and devices. It is a part of the Prometheus Project. Also, it entails two labs with ultra-modern facilities to conduct multidisciplinary research associated with prototyping flexible electronics on textiles, paper, and plastic and roll-to-roll manufacturing flexible substrates.
Furthermore, a new transistor was invented by a team of research engineers from the University of Alberta (UA). It could develop flexible electronic devices in wide-ranging applications like medical imaging, renewable energy production, and display technology. Such developments make Canada a lucrative market for flexible electronics.
Some of the key market players include: OLED Works Llc, Cymbet Corporation, Pragmatic Printing Ltd, Imprint Energy Inc, Blue Spark Technologies, etc.