Market Research Report
Stretchable Electronics - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||521462|
|Published||Content info||184 Pages
Delivery time: 2-3 business days
|Stretchable Electronics - Global Market Outlook (2017-2026)|
|Published: October 1, 2018||Content info: 184 Pages||
According to Stratistics MRC, the Global Stretchable Electronics is accounted for $28.02 billion in 2017 and is expected to reach $7093.84 billion by 2026 growing at a CAGR of 84.9%during the forecast period. Rising demand for healthcare, sport and military, growing eco friendly technology and light-weight products and increasing utilization of organic solar cells are some of the key factors propelling the market growth. However, high cost of technology and lack of awareness are hampering the growth of the market. Moreover, need for differentiation tied with lower power consumption is an opportunity for the market growth.
Stretchable electronics, also known as elastic electronics or elastic circuits, is a technology for building electronic circuits by depositing stretchable electronic devices and circuits onto stretchable substrates or embed them completely in a stretchable material such as silicones or polyurethanes. Stretchable electronics also permit developers to create soft robots. These soft robots can be used to implement minimal invasive surgeries in hospitals.
On the basis of component, sensors segment acquired significant growth. The sensors with excellent flexibility and stretchability are crucial components that can provide health monitoring systems with the capability of continuously tracking physiological signals of human body without conspicuous uncomfortableness and invasiveness. By geography, North America is leading with the largest market share during the forecast period due to extensive adoption of new technologies in this region.
Some of the key players in the Stretchable Electronics Market include: Apple Inc, (U.S.), 3M Co, Dupont & Co., Philips, Adidas AG, IMEC VZW, Physical Optics Corporation, PARC, FINELINE Ltd., Express Circuits Group Ltd, StretchSense Limited., MC10 Inc., Powerfilm, Inc., Tacterion GmbH, Bainisha cvba, Wise SRL, Cambrios Technologies Corporation and LEAP Technology ApS