The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Flexible Electronics Global Market Report 2024 offers crucial insights into the flexible electronics market help businesses analyse and build stronger strategies.

The flexible electronics market has witnessed substantial growth in recent years, fueled by various factors such as consumer electronics miniaturization, medical applications, and innovative display technologies. As we delve into the market trends and projections, it becomes evident that this industry is on the cusp of a transformative period.

Current Landscape and Growth Trajectory

• Rapid Expansion in Recent Years

The flexible electronics market size surged from $31.91 billion in 2023 to $36.79 billion in 2024, reflecting a remarkable Compound Annual Growth Rate (CAGR) of 15.3%. This growth can be attributed to advancements in consumer electronics, medical applications, printed electronics, and defense and aerospace innovations.

• Driving Forces

Consumer electronics play a pivotal role in propelling the flexible electronics market. The surge in demand for electronic devices, particularly in the third quarter of 2021, has significantly contributed to the market’s expansion. Key players in this arena include Blue Spark Technologies Inc., Samsung Electronics Co. Ltd., and Flex Ltd.

Future Projections and Emerging Trends

• A Glimpse into 2028

Looking ahead, the flexible electronics market is expected to reach $62.97 billion in 2028, exhibiting a CAGR of 14.4%. Anticipated drivers of this growth include the rise of foldable and rollable devices, sustainable and eco-friendly electronics, automotive applications, and energy storage solutions.

• Emerging Trends

The forecast period brings forth several trends that will shape the industry:

• Wearable health and fitness tech
• IoT integration
• Medical wearables and implants
• Flexible sensors and robotics
• 5G connectivity and flexible antennas

Read The Full Flexible Electronics Market Report Here:
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Market Dynamics: Sectoral Insights

• Consumer Electronics Driving Growth

Consumer electronics remain a driving force behind the flexible electronics market’s expansion. The Retailers Association of India reported a 23.5% increase in consumer electronics and appliance sales in the third quarter of 2021.

• Technological Innovations in Mobile Gaming

The intersection of technology and mobile gaming is reshaping the industry. Innovations such as NextFlex’s Project Call 7.0 and Royole Corporation’s RoKit are at the forefront of driving advancements in flexible electronics for gaming applications.

• Samsung’s Strategic Acquisition

In July 2022, Samsung acquired Cynora GmbH for $300 million, aiming to strengthen its position in flexible display and foldable electronics. This strategic move highlights the growing significance of acquisitions in advancing technology within the industry.

Segmentation and Regional Outlook

• Market Segmentation

The flexible electronics market is segmented based on components, circuit structures, applications, and verticals:

• Components: Flexible Display, Flexible Battery, Flexible Sensors, Flexible Memory, Flexible Photovoltaics
• Circuit Structure: Single-Sided, Double-Sided, Other Circuit Structures
• Applications: Displays, Thin-Film Photovoltaics, Printed Sensors, Batteries, OLED Lighting, Other Applications
• Verticals: Consumer Electronics, Energy and Power, Healthcare, Automotive, Military and Defense, Aerospace, Other Verticals

• Regional Dynamics

In 2023, Asia-Pacific dominated the flexible electronics market, with Europe anticipated to be the fastest-growing region in the forecast period.

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The Flexible Electronics Global Market Report 2024  provides a comprehensive outlook of the flexible electronics market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The flexible electronics market forecast offers a thorough analysis on flexible electronics market size, flexible electronics market share, prominent players and their strategies.

The Table Of Content For The Flexible Electronics Market Include:
1. Flexible Electronics Market Executive Summary
2. Flexible Electronics Market Segments
3. Flexible Electronics Market Size And Flexible Electronics Market Growth Rate
4. Key Flexible Electronics Market Trends
5. Major Flexible Electronics Market Drivers
……
25. Key Mergers And Acquisitions In The Flexible Electronics Market
26. Top Flexible Electronics Companies
27. Flexible Electronics Market Opportunities And Strategies
28. Flexible Electronics Market, Conclusions And Recommendations
29. Appendix

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