Major players in the flexible electronics market are Blue Spark Technologies, Cymbet Corporation, E ink Holdings Inc, Imprint Energy Inc, LG Electronics, Solar Frontier and Samsung electronics co. ltd.
New York, Sept. 23, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of its “Flexible Electronics Global Market Report 2022” report – https://www.reportlinker.com/p06316974/?utm_source=GNW
AU Optronics Corp., Enfucell Softbattery, Palo Alto research center included, Oledworks LLC, Royole Corporation, Flexenable ltd, Flex ltd and Flexpoint Sensor Systems Inc.
The global flexible electronics market is expected to grow from $24.07 billion in 2021 to $26.92 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The flexible electronics market is expected to grow to $45.88 billion by 2026 at a CAGR of 14.3%.
The flexible electronics market consists of the sale of flexible electronics by entities (organizations, sole traders, partnerships) that refer to the flex circuits, also known as a technology for assembling electronic circuits by mounting electronic devices on flexible plastic substrates, such as polyimide, polyether etherketone (PEEK) or transparent conductive polyester film, flex circuits can be screen printed silver circuits on polyester.
The main types of flexible electronics are flexible display, flexible battery, flexible sensors, flexible memory and flexible photovoltaic systems. Flexible displays are flexible displays made of OLED (Organic Light Emitting Diodes) displays. The various circuit structures include single-sided, double-sided, and others and are applicable in displays, thin-film photovoltaic cells, printed sensors, batteries, organic light-emitting diodes (OLED ) lighting, other applications and are used in consumer electronics, power and energy, healthcare, automotive, military and defense, aerospace and other industries.
Asia Pacific was the largest region in the flexible electronics market in 2021. Europe is expected to be the fastest growing region over the forecast period.
The regions covered in the Flexible Electronics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The Flexible Electronics Market Research Report is part of a series of new reports that provides Flexible Electronics market statistics, including global Flexible Electronics market size, regional shares, competitors with Flexible Electronics market share, Detailed Flexible Electronics market segments, market trends and opportunities, and all further data you need to thrive in the flexible electronics industry. This Flexible Electronics market research report provides a complete perspective of everything you need with an in-depth analysis of the industry’s current and future scenario.
Rising demand for consumer electronic devices is driving the growth of the flexible electronics market. Consumer Electronics (CE) refers to any electronic equipment that is intended for end users or consumers to purchase and use regularly for non-commercial or professional purposes.
Consumer electronics use flexible electronics in most electronic devices, so the rising demand for consumer electronics is driving the demand for flexible electronics market. For example, according to the Retailers Association of India (RAI), Indian retail consumer electronics and appliances sales rose 23.5 percent in 2021 in the third quarter of 2021 than in the same period in 2020. Rising demand for consumer electronics is propelling the market. flexible electronics.
Technology innovation is shaping the mobile gaming market. Technological innovations and the increasing trend of mobile gaming technology are also boosting the market demand.
For example, in 2022, NextFlex, America’s Flexible Hybrid Electronics (FHE) Manufacturing Institute released Project Call 7.0 (PC 7.0), the latest solicitation for proposals, which seeks to fund projects that advance the development and implementation of FHE while solving key issues . issues in advanced manufacturing and supporting DOD priorities. PC 7.0 builds on the success and maturity of past project calls by continuing to use broadly defined topics to enable a diverse base of proposers, with a particular focus on areas where FHE could impact high-priority US manufacturing capabilities and emerging areas of interest within the FHE community. Further innovations include, for example, in 2021 Royole Corporation, a pioneer and global leader in flexible electronics, announced Royole RoKit, the first global development kit for flexible electronics with an open platform. RoKit is a developer-friendly, all-in-one flexible electronics development kit that integrates Royole’s flexible display and sensor technologies with programmable hardware for product designers and application developers to discover and harness the power of flexible technologies.
As of June 2019, E Ink Holdings is a Taiwan-based company supplying electronic paper and TFT LCD manufacturers along with Plastic Logic HK. The partnership is expected to provide OTFT technology and also provide a lightweight and robust backplane solution for wearable devices.
Plastic Logic HK, a Germany-based company, is a designer and manufacturer of flexible, glass-free electrophoretic displays (EPDs).
The countries covered in the Flexible Electronics Market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and US.
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