Report Scope

This report analyzes the global flexible electronics market in terms of component, application, and geography. On the basis of component employed, the global flexible electronics market is segmented into flexible display, flexible sensor, flexible battery, flexible memory, and other components including photovoltaic, conductors, etc. Similarly, based on application, the global flexible electronics market is classified into consumer electronics, automotive, healthcare, military and defense, and other application segments including power and energy. The geographical distribution of the global flexible electronics market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

The market for flexible electronics is still in the nascent stage of development and is poised to gather momentum post-2017. Superior benefits offered with respect to production in terms of weight, cost, ruggedness, and portability will drive the market demand during the forecast period. In the current scenario, the global flexible electronics market is driven by the perpetually growing consumer electronics market, where the technology enjoys highest penetration. However, the technology faces stiff competition from already established technologies like LED, OLED, and printed electronics, especially in the consumer electronics segment. In addition, lack of primary standardized infrastructure for manufacturing flexible electronic devices at most manufacturing facilities has hampered the widespread adoption of the technology.

1.1    Report Description

Purpose of the Report

The purpose of the strategic research study titled “Global Flexible Electronics Market- Growth, Share, Opportunities and Competitive Analysis, 2021 – 2029” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global flexible electronics market.

Target Audience

• Industry Investors
• Flexible Component and Device Manufacturers
• Original Equipment Manufacturers (Ex- Consumer Electronics Manufacturers, etc.)
• Distributers and Retailers
• End-users

USP and Key Offerings

The report titled “Global Flexible Electronics Market- Growth, Share, Opportunities and Competitive Analysis, 2021 – 2029” offers strategic insights into the global flexible electronics market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of multiple market segments based on application, component, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading vendors, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning, and key developments. Other in-depth analysis provided in the report includes:

• An overview of the global flexible electronics market
• Current and future market trends to justify the forthcoming attractive sub-markets within the flexible electronics market
• Qualitative assessment tools such as market drivers, challenges and future prospects, value chain, and Porters Five Force Analysis.
• Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
• A general overview of the industry structure
• Company profiles highlighting key information about the major players operating in the global flexible electronics market
• Market competition scrutiny tools such as market share analysis, fractal map, etc.
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global flexible electronics market, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above-mentioned factors.

Consumer electronics represents the largest application segment for the flexible electronics. The segment accounted for around two-third of the global market revenue in the base year 2020. The trend shall prolong and the segment is presumed to retain its leading position, exhibiting strong growth through the forecast period 2021 – 2029.  The anticipated growth in this segment can be majorly credited to growing adoption of the technology in smartphones, tablets, e-books, and wearable electronics (smart watches, etc.). The demand for flexible electronic devices is witnessing an upsurge in consumer electronics on account of superior benefits offered by the technology. Flexible electronics consume less space and reduce weight of electronic devices making them preferable to be used in wearable electronics, and touch screen devices like smartphones and tablets. On the other hand, budding application segments inkling healthcare and automotive are also presumed to register strong growth during the forecast period 2021 – 2029.

As of 2020, flexible displays led the overall flexible electronics market in terms of revenue. The segment accounted for around two-third of the global market revenue in the same year. The trend shall prolong as the number of smartphones, tablets, laptops, and televisions using flexible electronics are expected to swell in the coming years. Flexible electronics consume less space, less energy, and significantly reduce the overall weight of an electronic device making them suitable to be used in wearable electronics, and devices like smartphones, tablets, and laptops. With the advent of Internet of Things (IoT), the demand for flexible batteries and flexible sensors is expected to witness an upsurge during the forecast period 2021 – 2029.

North America comprising Canada and the United States is currently the largest flexible electronics market in terms revenue. In 2020, the region accounted for over 33 percent of the global market revenue. The region is front runner in flexible electronics related research and the technology has been witnessing growing penetration, especially flexible displays, in smartphones. The trend shall prolong and the region along with Europe is presumed to exhibit steady growth during the forecast period 2021 – 2029. On the other hand, Asia Pacific is presumed to witness maximum growth, outpacing North America and Europe during the same period. The market growth in the region would be majorly contributed by demand from countries including India, China, South Korea, and Japan. The region is house to large number of smartphone manufacturers, flat panel TV manufacturers, and wearable device manufacturers that are increasingly integrating the technology into their products.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Flexible Electronics market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Flexible Electronics market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Flexible Electronics market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Flexible Electronics market?
• Which is the largest regional market for Flexible Electronics market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Flexible Electronics market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Flexible Electronics market worldwide?