Market Research Report
Flexible Electronics Market 2021-2027
|Flexible Electronics Market 2021-2027|
Published: June 22, 2021
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
Global Flexible Electronics Market Size, Share & Trends Analysis Report by Components (Flexible Display, Flexible Battery, Flexible Sensors, and Flexible Memory), and By Application (Consumer Electronics, Healthcare, Automotive, Energy & Power, Defense & Aerospace, and Others) Forecast Period 2021-2027.
The global flexible electronics market is anticipated to grow at a substantial CAGR of 15.8% during the forecast period. The increasing use of IoT devices and increasing government initiatives to promote digital platforms like digital India, smart city projects are the major driving factors for the growth of the global flexible electronics market.
As most of the electronic components manufacturing companies are situated in China and as lots of nations had stopped trade with China due to the trade war between the US and China had delayed the supply of these components to the electronic manufacturers.
The global flexible electronics market is segmented based on components and applications. Based on the components, the market is segmented into the flexible display, flexible battery, flexible sensors, and flexible memory. Apart from this, by application, the market is segmented into consumer electronics, healthcare, automotive, energy & power, defense & aerospace, and others. The increasing government investments in the defense system of various countries including the US, China, India, North Korea are providing immense opportunities for the flexible electronics market to grow in this segment.
Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The growing adoption of flexible devices in different applications such as consumer electronics in the U.S. has further boosted the growth of the market in North America. The rapidly developing economies of Asia Pacific are projected to witness the highest growth rate during the forecasted period. The growth in the APAC market is backed by a rise in demand for compact and energy-efficient electronics within the countries. Along with it, the introduction of new technologies is helping in the growth of the Asia Pacific Flexible electronics market. The report includes a detailed market overview, market determinants, company profiling, sector analysis, market segmentation, geographical analysis, patent analysis, strategic recommendations, key company analysis, gap analysis, key findings, market estimations, market insights, analyst insights, and predictive analysis of the market.
The major companies serving the global flexible electronics market include Samsung Electronics Co., Ltd., LG Electronics, 3M, MFLEX, E Link Holdings Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, OLEDWorks had launched Nadarra Lighting in September 2019; E Ink Holdings, Inc. had announced a strategic investment in Plastic Logic HK in June 2019 for the development of flexible EPD devices for wearable applications.
The market study of the global flexible electronics market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Global Flexible Electronics Market Research and Analysis by Components
Global Flexible Electronics Market Research and Analysis by Application
The Report Covers
Comprehensive research methodology of the global flexible electronics market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global flexible electronics market.
Insights about market determinants that are stimulating the global flexible electronics market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.