Market Research Report
Germany Flexible Electronics Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||942755|
Delivery time: 2-3 business days
|Germany Flexible Electronics Market 2019-2025|
|Published: February 11, 2020||Content info:||
Germany Flexible Electronics Market Size, Share & Trends Analysis Report by Type of Component (Flexible Display, Flexible Battery, Flexible Sensors, and Flexible Memory), by Application (Consumer Electronics, Healthcare, Automotive, Energy and Power, Defense and Aerospace, and Others) and Forecast, 2019-2025
Germany flexible electronics market is estimated to grow considerably, at a CAGR of around 15.3%, during the forecast period. The country is estimated to be one of the leading countries in the European flexible electronics market. The dominance of Germany in the market is mainly attributed to the growing penetration towards smart consumer electronics such as smartphones, laptops, and TV. Moreover, the rising healthcare expenditure and growing adoption of R&D outsourcing services due to highly attractive R&D locations. According to Germany Trade & Invest (GTAI), Germany's electronics and electrical companies manufacture over 100 thousand different electronic products and systems; ranging from automation systems, electronic medical equipment, automotive electronics, and microelectronic components.
The researchers at the Leibniz Institute for New Materials, a research institute in Saarbrucken, Germany, have introduced a sinter-free conductive ink developed on gold and silver nanoparticles coated extensively with conductive polymers. The hybrid inks enable inkjet printing for a range of conductive structures without any thermal or UV treatments. These inks can be developed in polar solvents such as alcohol and water, and its several properties such as viscosity and density that can be customized.
The German government offers funding for the R&D in the field of flexible electronics under the guidance of the Ministry of Education and Research (BMBF), which is formerly known as the Federal Ministry for Scientific Research (BMwF). The research organization BMBF offers financial assistance to R&D projects that further includes collaborations between public research institutes and universities. BMBF funding in flexible electronics is generally being directed towards projects of short-term duration, nearly one to three years. The funding is provided to some of the major industrial participants such as BASF, Siemens, Merck, and Philips. Furthermore, the BMBF provides indirect support for the electronics sector through its funding to the Max Planck institutes and Fraunhofer, which are extensively engaged in the field.
The companies which are contributing to the growth of the Germany flexible electronics market include 3M Co., BASF SE, Fujikura Ltd., LG Electronics, Inc., and Samsung Electronics Co., Ltd. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
The market study of the Germany flexible electronics market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in 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
The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.
The Report Covers: