Flexible Electronics Market Will Touch USD 250 Billion By 2025
Flexible electronics have rapidly penetrated the consumer electronics market in the form of e-books and e-papers, smartphones, wearable devices, displays and signage, batteries, sensors, as well as other military applications.
The flexible electronics industry draws on various sectors such as flexible displays, polymers, advanced materials, and so on. Progress in each of these applications presents new opportunities for the growth and expansion of the flexible electronics market. The need for flexible electronic devices is increasingly felt in applications such as: military, medical, industrial, consumer markets, and advanced energy.
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The flexible electronics industry is characterized by an intensifying demand for electronic products that are more compact, light-weight, rugged, and consume less power. The key features of flexible electronics meet most of the aforementioned requirements. Flexible electronics have relatively low manufacturing costs, can be integrated into a number of industrial, consumer and military applications, have a flexible structure, and are more resistant to shock.
According to market experts, the global flexible electronics market will touch USD 250 billion by 2025, and will register growth in double digits through this period.
Flexible electronics have rapidly penetrated the consumer electronics market in the form of e-books and e-papers, smartphones, wearable devices, displays and signage, batteries, sensors, as well as other military applications, where the potential for research and development is virtually unending. The market, which is still considered to be in a phase of emergence, will gather pace by 2017, and will demonstrate rapid growth thereafter. The consumer electronics market will witness great strides with the advent of flexible electronics, with popular products such as smartphones, televisions, and tablets undergoing transformation.
Market Insight of flexible electronics
The report segments the flexible electronics market as: logic and memory, sensors and other electronic components, displays, lighting, and power (photovoltaics and batteries).Leading market participants in the flexible electronics industry featured in this market research report are: Asahi Kasei, ACREO, Asahi Glass, Cambrios, BASF, and DaiNippon Printing.
This research report on the flexible electronics market takes into account current technological and regulatory developments that could either propel or restrain growth in this market. We use Porter’s five forces analysis to establish the future market standing of both buyers and suppliers.The report also profiles top entities in the market, their future growth prospects, recent developments
, and product portfolio. Data is presented in the form of both qualitative analyses and pithy tables and charts.
