The automotive in the global stretchable and conformal electronic market is expected to grow with a CAGR of 70% from 2023 to 2028

According to a market report by Lucintel, the future of automotive in the stretchable and conformal electronic market looks promising with opportunities in the interior, exterior, and powertrain applications. The automotive in the global stretchable and conformal electronic market is expected to reach an estimated $166.0 million by 2028 with a CAGR of 70% from 2023 to 2028. The major drivers for this market are growing use of thin flexible substrates to make lightweight electric vehicles, increasing use of stretchy electronics in organically curved interior design trends, and emerging use of transparent heaters with solar panels for the exterior of automobiles.

In this market, stretchable circuit, stretchable conductor, electroactive polymer, stretchable battery, and photovoltaic are the major segments of automotive in stretchable and conformal electronic market by component. Lucintel forecasts that stretchable conductor segment is expected to witness the highest growth over the forecast period due to the expanding application of flexible electronics using conductive inks.

Within this market, interior is expected to witness the highest growth over the forecast period due to the significant usage in various applications, such as HMI, interior heaters, and displays.
Samsung, PARC, Thinfilm Electronics ASA, Solar Frontier, and LG are the major suppliers in the automotive in the global stretchable and conformal electronic market.  

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for automotive in the global stretchable and conformal electronic market by component, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Automotive in the Global Stretchable and Conformal Electronic Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The 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 automotive in the global stretchable and conformal electronic market by component, application, and region, as follows:

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 email us at helpdesk@lucintel.com.
 

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. Lucintel offers 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.
 

Q.1. What are some of the most promising, high-growth opportunities for automotive in the global stretchable and conformal electronic market by component (stretchable circuits, stretchable conductors, electroactive polymers, stretchable batteries, photovoltaic, and others), application (interior, exterior, and powertrain), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?