According to a market report by Lucintel, the future of the flexible electronics and circuit market looks promising with opportunities in the consumer electronics, energy & power, healthcare, automotive, military, defense, & aerospace, and industrial industries. The global flexible electronics and circuit market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 10% to 12% from 2020 to 2025. The major drivers for this market are growing demand for flexible display in smartphones and wearable devices and rising adoption of thin film solar modules in various applications
In this market, different types of flexible electronics and circuit structure, such single-sided flex circuit, double-sided flex circuit, multilayer flex circuit, rigid flex circuit, and others, are used in a wide range of industries.
Within the flexible electronics and circuit market, displays will remain the largest application during the forecast period due to increasing demand for flexible displays in smartphones, smart wearables and televisions
Asia Pacific will remain the largest region the forecast period due to increasing usage in healthcare and electronics applications
Samsung Group, LG Group, Solar Frontier, First Solar, Panasonic, Konica Minolta, OLEDWorks, Blue Spark Technologies, BrightVolt; Heliatek, Cymbet, Palo Alto Research Center, Thin Film Electronics, Royole, FlexEnable, and Enfucell are among the major flexible electronics and circuit manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global flexible electronics and circuit market by structure type, circuit structure, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Flexible Electronics and Circuit Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global flexible electronics and circuit market by structure type, circuit structure, application, end use industry, and region as follows:
By Structure Type [$M shipment analysis for 2014 – 2025]:
Single-Sided Flex Circuit
Double-Sided Flex Circuit
Multilayer Flex Circuit
Rigid Flex Circuit
Others
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Consumer Electronics
Energy & Power
Healthcare
Automotive
Military, Defense, & Aerospace
Industrial
Others
By Circuit Structure [$M shipment analysis for 2014 – 2025]:
Rigid Flex
Double Sided Flex
Single Sided Flex
Double Access Flex
Other Circuit Structure
By Application [$M shipment analysis for 2014 – 2025]:
Display
Battery
Thin-Film Battery
Curved Battery
Printed Battery
Others
Thin-Film Photovoltaics
OLED Lighting
Printed Sensor
Biosensor
Image Sensor
Touch Sensor
Pressure Sensor
Temperature Sensor
Gas Sensor
Humidity Sensor
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.