Market Research Report
Japan Flexible Electronics Market Forecast 2021-2026
|Japan Flexible Electronics Market Forecast 2021-2026|
Published: July 19, 2021
Content info: 110 Pages
Delivery time: 2-3 business days
The Japan flexible electronics market is projected to register a CAGR of 9.10% during the forecast period, 2021-2026. The increasing demand in the automobile and smartphone industries drives the market growth.
In Japan, the rising internet penetration rate has raised the sale of smartphones and tablets. This is set to increase the demand for advanced smartphones with enhanced features. Flexible electronics help in adding properties like ultra-thinness and flexibility to the devices, making them stand out as next-generation devices. Further, the market players are adopting several strategies like collaborations with the government, mergers, acquisitions, new product launches, technological advancements, and funding start-ups.
Furthermore, Royole Rokit, the world's first open platform for flexible electronics development, was launched by Royole Corporation, available for purchase in Japan, China, Germany, the United Kingdom, and the United States. RoKit integrates the sensor technologies and flexible display with programmable hardware into an all-in-one, developer-friendly flexible electronics development kit for application developers and product designers. Such factors increase the demands for the market studied.
Some of the leading companies in the market are: Fujikura Ltd, Konika Minolta, Solar Frontier, Japan Display Inc, Nippon Mektron Ltd, etc.