The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2078

The flexible electronics and circuit market size has grown rapidly in recent years. It will grow from $30.9 billion in 2023 to $34.02 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to demand for foldable displays, the emergence of flexible sensors, the shift towards 5G networks, the adoption of flexible printed circuit boards, and environmental concerns. The flexible electronics and circuit market size is expected to see rapid growth in the next few years. It will grow to $50.32 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to supply chain resilience and localization, government initiatives and regulations, expansion of the aerospace and defense sector, increased investment in research and development, miniaturization of electronic devices. Major trends in the forecast period include advancements in printed electronics, rapid growth in internet of things (IoT) applications, advancements in flexible display technologies, technological convergence, advancements in flexible sensor technology.

The rising demand for consumer electronic devices is expected to propel the growth of the flexible electronics and circuit market going forward. Consumer electronic devices are gadgets and equipment designed for personal use, such as smartphones, laptops, tablets, and smartwatches, aimed at entertainment, communication, or productivity. The increasing integration of technology into daily life, coupled with advancements such as IoT and AI, drives a growing demand for consumer electronic devices. Flexible electronics and circuits are increasingly integrated into consumer electronic devices, enabling sleeker designs, enhanced portability, and improved durability by accommodating bending and stretching without compromising performance or functionality. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan reached $4919 million (¥771,457 million). In addition, consumer electronics production reached $204.67 million (¥32,099 million) in May 2023, compared to $161.12 million (¥25,268 million) in May 2022. Therefore, the rising demand for consumer electronic devices is driving the growth of the flexible electronics and circuit market.

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What Are The Key Trends That Influence Flexible Electronics And Circuit Share Analysis?
Leading companies in the flexible electronics and circuit market are developing advanced production processes for flexible circuits to boost revenue growth. These processes involve manufacturing flexible printed circuit boards (PCBs) with complex designs, high reliability, and superior performance. For example, in April 2024, Ennovi, a Singapore-based mobility electrification solutions provider, introduced a new Flexible Cut Circuit (FDC) technology for manufacturing flexible circuits used in low-voltage signal applications for electric vehicle (EV) battery cell contact systems. This innovative method offers a more cost-effective and environmentally sustainable alternative to traditional flexible printed circuits (FPCs). The FDC technology streamlines manufacturing, enabling faster continuous production and immediate copper recycling, enhancing both eco-friendliness and efficiency.

Which Market Players Are Driving Growth In The Flexible Electronics And Circuit Market?
Major companies operating in the flexible electronics and circuit market are Samsung Electronics Co Ltd, Panasonic Corporation, Jabil Inc., Flex Ltd, BOE Technology Group Co Ltd, LG Display Co Ltd, TDK Corporation, DuPont de Nemours Inc., Toppan Printing Co Ltd, AU Optronics Corporation, Konica Minolta Inc., Japan Display Inc., Royole Corporation, PragmatIC Semiconductor Ltd, CLEARink Displays Inc., Blue Spark Technologies Inc., Plastic Logic Limited, XENON Corporation, Ynvisible Interactive Inc., BeBop Sensors Inc., C3Nano Inc., MC10 Inc., Polyera Corporation, Imprint Energy Inc.

How Is The Global Flexible Electronics And Circuit Market Segmented?
1) By Type: Organic Light-Emitting Diode (OLED) And Liquid Crystal Display (LCD) Display; Printed Sensor; Battery; Thin-Film Photovoltaics; Organic Light-Emitting Diode Lighting
2) By Flexible Electronics: Flexible Displays; Flexible Circuit
3) By Application: Single-Sided; Multilayer; Double-Sided; Rigid
4) By Vertical: Military; Defense And Aerospace; Automotive; Consumer Electronics; Industrial; Healthcare And Medical; Energy And Power; Other Verticals

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The Flexible Electronics And Circuit Global Market Report 2024 provides an overview of the flexible electronics and circuitmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The flexible electronics and circuit market forecast analyzes flexible electronics and circuit market size, flexible electronics and circuit market share, leading competitor and their market positions.

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

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