PUBLISHER: The Business Research Company | PRODUCT CODE: 1852684
PUBLISHER: The Business Research Company | PRODUCT CODE: 1852684
Stretchable and conformal electronics are electronic circuits, sensors, and components that can bend, stretch, twist, or adapt to complex three-dimensional surfaces while maintaining their functionality. These devices are constructed from soft, flexible substrates and materials that allow them to conform to irregular shapes and move with the supporting surface, such as human skin or textiles.
The main components of stretchable and conformal electronics include stretchable circuits, stretchable conductors, electroactive polymers, stretchable batteries, photovoltaics, and others. Stretchable circuits are designed to flex, stretch, and conform to surfaces without losing performance, enabling reliable wearable and flexible electronics. These circuits employ technologies such as inkjet printing, 3D printing, screen printing, and transfer printing and are made from materials including conductive polymers, elastomers, metal nanowires and nanoparticles, liquid metals, carbon-based materials, and hydrogels or biocompatible substances. They provide functions such as sensing, energy harvesting, and communication, and are applied across industries including medical and healthcare, consumer electronics, automotive, aerospace and defense, sports and fitness, textiles, and automation.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.
The stretchable and conformal electronics market research report is one of a series of new reports from The Business Research Company that provides stretchable and conformal electronics market statistics, including stretchable and conformal electronics industry global market size, regional shares, competitors with the stretchable and conformal electronics market share, stretchable and conformal electronics market segments, market trends, and opportunities, and any further data you may need to thrive in the stretchable and conformal electronics industry. This stretchable and conformal electronics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The stretchable and conformal electronics market size has grown rapidly in recent years. It will grow from $2.59 billion in 2024 to $2.99 billion in 2025 at a compound annual growth rate (CAGR) of 15.4%. The growth during the historic period was driven by increasing adoption in consumer electronics, rising demand for lightweight products, growing interest in flexible displays, a stronger focus on ergonomic design, and expanding use in medical implants.
The stretchable and conformal electronics market size is expected to see rapid growth in the next few years. It will grow to $5.23 billion in 2029 at a compound annual growth rate (CAGR) of 15.0%. The growth in the forecast period is expected to be driven by rising demand for wearable devices, increasing adoption in healthcare, growing need for real-time monitoring, expanding use in the automotive sector, and higher investments in smart textiles. Key trends during this period include advancements in flexible materials, integration of electronics into textiles, development of self-healing circuit technologies, progress in miniaturized sensors, and improvements in sustainable substrate materials.
The increasing demand for wearable devices is expected to drive growth in the stretchable and conformal electronics market. Wearable devices, designed to monitor health, fitness, and daily activity, are gaining popularity as consumers become more health-conscious and seek seamless, body-integrated technology. Stretchable and conformal electronics enable these devices by offering flexible, skin-conforming designs suitable for clothing, medical patches, and on-skin sensors. They enhance user comfort, support continuous health monitoring, and improve everyday convenience. For instance, between 2023 and 2024, the UK's NIHR and UKRI invested £11.5 million ($15.52 million) in 10 research projects focused on developing wearable technologies to support independence for people with frailty or long-term physical disabilities.
Companies in the market are advancing real-time health monitoring through innovative devices such as benchtop printers. Benchtop printers are compact systems that enable rapid prototyping of electronic circuits on flexible substrates. For example, in October 2022, Voltera Inc. launched NOVA, a benchtop printer capable of printing circuits for soft, stretchable, and conformal electronics with sub-10-micron precision. This technology facilitates the creation of on-skin biomedical sensors that deliver real-time monitoring while remaining comfortable and durable.
In May 2022, Epicore Biosystems Inc., a US-based digital health company, acquired Eccrine Systems Inc., a firm specializing in wearable sweat sensors using stretchable electronics. The acquisition strengthens Epicore's position in the market and advances its capabilities in providing real-time, skin-conforming biosensing solutions.
Major players in the stretchable and conformal electronics market are Panasonic Holdings Corporation, Medtronic plc, LG Display Co. Ltd., DuPont de Nemours Inc., Innolux Corporation, Samsung Display Co. Ltd., Universal Display Corporation, E Ink Holdings Inc., Pragmatic Semiconductor Ltd., NovaCentrix Corp, Plessey Semiconductors Ltd, Optomec Inc., Heliatek GmbH, FlexEnable Technology Limited, Polyera Corporation, Blue Spark Technologies Inc., Voltera Inc., OLEDWorks LLC, Sculpteo SAS, Flexpoint Sensor Systems Inc., VTT Technical Research Centre of Finland Ltd., and GraphenicaLab S.L.
North America was the largest region in the stretchable and conformal electronics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in stretchable and conformal electronics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the stretchable and conformal electronics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The stretchable and conformal electronics market consists of revenues earned by entities by providing services such as design and development, manufacturing, integration, testing and quality assurance, consulting and technical support, software and data services, and after-sales services. The market value includes the value of related goods sold by the service provider or included within the service offering. The stretchable and conformal electronics market also includes sales of stretchable sensors, stretchable connectors and interconnects, stretchable displays, actuators and logic components, energy harvesters and storage devices, smart textiles and wearable devices, and biomedical devices. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Stretchable And Conformal Electronics Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on stretchable and conformal electronics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for stretchable and conformal electronics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The stretchable and conformal electronics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.