Product Code: TIPRE00017138
The flexible electronics market size is expected to grow from was valued at US$ 25.86 billion in 2022 and is anticipated to reach US$ 57.69 billion by 2030; it is estimated to record a CAGR of 10.6% from 2022 to 2030US$ 197.31 million in 2022 and is expected to reach US$ 904.94 million by 2030; it is estimated to record a CAGR of 21.0% from 2022 to 2030.
The flexible electronics market trends include the growing popularity of flexible electronics in various applications, including wearables, smartphones, and laptops, and among others. Additionally, during the forecast period, the expansion of the flexible electronics market is anticipated to be aided by the introduction of flexible batteries and the expanding use of flexible sensors in tracking and smart packaging applications. Furthermore, the market is seeing experiencing a rise in the popularity of foldable smartphones. For example, in July 2022, Samsung Electronics unveiled its new foldable smartphone series. The Galaxy Z Flip 4 and Galaxy Z Fold 4, the foldable smartphones, were introduced during the "Unfold Your World" Galaxy Unpacked online event. Moreover, the potential applications of printed and flexible electronics in smart wearable devices are being further expanded by the development of flexible sensors and in-mold electronics (IME). Thus, wearable device growth, particularly smart wearable devices, is expected to fuel the flexible electronics market growth in during the forecasted period.
In the European region, the growing automotive sector is driving fueling the flexible electronics market growth. It is one of Europe's biggest largest sectors, representing over 7% of the region's GDP. The presence of established car manufacturers and an increase in the development and sales of electric vehicles will boost the demand for flexible electronics in the coming years. Also, the government of the region is taking various initiatives for the growth of the automotive industry, which will propel the demand for flexible electronics. For instance, in April 2022, the Italian government of Italy signed a decree to allocate an incentive worth US$ 709 million per year, from 2022 to 2024, to buy electrified or low-polluting cars and electric vans. Similarly, in May 2022, the UK government announced funding worth US$ 50 million to encourage the development of autonomous commercial vehicles such as delivery vehicles and passenger shuttles. Thus, such initiatives from the government are accelerating the sale of automotive vehicles, further which is fueling the growth of the flexible electronics market in the forecasted period.
Samsung Electronics Co Ltd, LG Electronics, SRI International (PARC), Enfucell Flexible Electronics Ltd, Imprint Energy, Blue Spark Technologies Inc, E Ink Holdings Inc, GENERAL ELECTRIC, AUO Corporation, and MFLEX. a DSBJ Company are among the key players profiled in the flexible electronics market report. Several other major players were also studied and analyzed in the flexible electronics market report to get a holistic view of the market and its ecosystem. As per the company press releases, below is a recent key development:
In February 2024, All Flex Solutions announced that they had started the equipment build-out of a completely new flexible circuit manufacturing facility in Minneapolis. This new facility will allow the company to expand its capacity for flexible circuits, flexible heaters, and their its newest product, CatheterFlex circuits, which is are extremely long, very thin, flexible circuits for medical applications.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Flexible Electronics Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain:
5. Flexible Electronics Market - Key Market Dynamics
- 5.1 Flexible Electronics Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Rising Demand for Connected Devices
- 5.2.2 Growing Need for Flexible Devices in Healthcare Industry
- 5.2.3 Increasing Demand for Electric Vehicles
- 5.3 Market Restraints
- 5.3.1 High Initial Cost and Difficulty in Circuit Modification
- 5.4 Market Opportunities
- 5.4.1 Growing Technological Advancements
- 5.4.2 Increasing Miniaturization of Electronic Devices
- 5.5 Future Trends
- 5.5.1 Rising Popularity of Foldable Display
- 5.6 Impact of Drivers and Restraints:
6. Flexible Electronics Market - Global Market Analysis
- 6.1 Flexible Electronics Market Revenue (US$ Million), 2022-2030
- 6.2 Flexible Electronics Market Forecast Analysis
7. Flexible Electronics Market Analysis - by Components
- 7.1 Display
- 7.1.1 Overview
- 7.1.2 Display: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2 Memory
- 7.2.1 Overview
- 7.2.2 Memory: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 7.3 Sensors
- 7.3.1 Overview
- 7.3.2 Sensors: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 7.4 Battery
- 7.4.1 Overview
- 7.4.2 Battery: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5 Others
- 7.5.1 Overview
- 7.5.2 Others: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
8. Flexible Electronics Market Analysis - by Application
- 8.1 Consumer Electronics
- 8.1.1 Overview
- 8.1.2 Consumer Electronics: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 8.2 Healthcare
- 8.2.1 Overview
- 8.2.2 Healthcare: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 8.3 Automotive
- 8.3.1 Overview
- 8.3.2 Automotive: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 8.4 Industrial
- 8.4.1 Overview
- 8.4.2 Industrial: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
9. Flexible Electronics Market - Geographical Analysis
- 9.1 Overview
- 9.2 North America
- 9.2.1 North America Flexible Electronics Market Overview
- 9.2.2 North America: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.2.3 North America: Flexible Electronics Market Breakdown, by Components
- 9.2.3.1 North America: Flexible Electronics Market - Revenue and Forecast Analysis - by Components
- 9.2.4 North America: Flexible Electronics Market Breakdown, by Application
- 9.2.4.1 North America: Flexible Electronics Market - Revenue and Forecast Analysis - by Application
- 9.2.5 North America: Flexible Electronics Market - Revenue and Forecast Analysis - by Country
- 9.2.5.1 North America: Flexible Electronics Market - Revenue and Forecast Analysis - by Country
- 9.2.5.2 United States: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.2.5.2.1 United States: Flexible Electronics Market Breakdown, by Components
- 9.2.5.2.2 United States: Flexible Electronics Market Breakdown, by Application
- 9.2.5.3 Canada: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.2.5.3.1 Canada: Flexible Electronics Market Breakdown, by Components
- 9.2.5.3.2 Canada: Flexible Electronics Market Breakdown, by Application
- 9.2.5.4 Mexico: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.2.5.4.1 Mexico: Flexible Electronics Market Breakdown, by Components
- 9.2.5.4.2 Mexico: Flexible Electronics Market Breakdown, by Application
- 9.3 Europe
- 9.3.1 Europe Flexible Electronics Market Overview
- 9.3.2 Europe: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.3.3 Europe: Flexible Electronics Market Breakdown, by Components
- 9.3.3.1 Europe: Flexible Electronics Market - Revenue and Forecast Analysis - by Components
- 9.3.4 Europe: Flexible Electronics Market Breakdown, by Application
- 9.3.4.1 Europe: Flexible Electronics Market - Revenue and Forecast Analysis - by Application
- 9.3.5 Europe: Flexible Electronics Market - Revenue and Forecast Analysis - by Country
- 9.3.5.1 Europe: Flexible Electronics Market - Revenue and Forecast Analysis - by Country
- 9.3.5.2 France: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.3.5.2.1 France: Flexible Electronics Market Breakdown, by Components
- 9.3.5.2.2 France: Flexible Electronics Market Breakdown, by Application
- 9.3.5.3 Germany: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.3.5.3.1 Germany: Flexible Electronics Market Breakdown, by Components
- 9.3.5.3.2 Germany: Flexible Electronics Market Breakdown, by Application
- 9.3.5.4 United Kingdom: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.3.5.4.1 United Kingdom: Flexible Electronics Market Breakdown, by Components
- 9.3.5.4.2 United Kingdom: Flexible Electronics Market Breakdown, by Application
- 9.3.5.5 Italy: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.3.5.5.1 Italy: Flexible Electronics Market Breakdown, by Components
- 9.3.5.5.2 Italy: Flexible Electronics Market Breakdown, by Application
- 9.3.5.6 Russian Federation: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.3.5.6.1 Russian Federation: Flexible Electronics Market Breakdown, by Components
- 9.3.5.6.2 Russian Federation: Flexible Electronics Market Breakdown, by Application
- 9.3.5.7 Rest of Europe: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.3.5.7.1 Rest of Europe: Flexible Electronics Market Breakdown, by Components
- 9.3.5.7.2 Rest of Europe: Flexible Electronics Market Breakdown, by Application
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific Flexible Electronics Market Overview
- 9.4.2 Asia Pacific: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4.3 Asia Pacific: Flexible Electronics Market Breakdown, by Components
- 9.4.3.1 Asia Pacific: Flexible Electronics Market - Revenue and Forecast Analysis - by Components
- 9.4.4 Asia Pacific: Flexible Electronics Market Breakdown, by Application
- 9.4.4.1 Asia Pacific: Flexible Electronics Market - Revenue and Forecast Analysis - by Application
- 9.4.5 Asia Pacific: Flexible Electronics Market - Revenue and Forecast Analysis - by Country
- 9.4.5.1 Asia Pacific: Flexible Electronics Market - Revenue and Forecast Analysis - by Country
- 9.4.5.2 Australia: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4.5.2.1 Australia: Flexible Electronics Market Breakdown, by Components
- 9.4.5.2.2 Australia: Flexible Electronics Market Breakdown, by Application
- 9.4.5.3 China: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4.5.3.1 China: Flexible Electronics Market Breakdown, by Components
- 9.4.5.3.2 China: Flexible Electronics Market Breakdown, by Application
- 9.4.5.4 India: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4.5.4.1 India: Flexible Electronics Market Breakdown, by Components
- 9.4.5.4.2 India: Flexible Electronics Market Breakdown, by Application
- 9.4.5.5 Japan: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4.5.5.1 Japan: Flexible Electronics Market Breakdown, by Components
- 9.4.5.5.2 Japan: Flexible Electronics Market Breakdown, by Application
- 9.4.5.6 South Korea: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4.5.6.1 South Korea: Flexible Electronics Market Breakdown, by Components
- 9.4.5.6.2 South Korea: Flexible Electronics Market Breakdown, by Application
- 9.4.5.7 Rest of APAC: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4.5.7.1 Rest of APAC: Flexible Electronics Market Breakdown, by Components
- 9.4.5.7.2 Rest of APAC: Flexible Electronics Market Breakdown, by Application
- 9.5 Middle East and Africa
- 9.5.1 Middle East and Africa Flexible Electronics Market Overview
- 9.5.2 Middle East and Africa: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.5.3 Middle East and Africa: Flexible Electronics Market Breakdown, by Components
- 9.5.3.1 Middle East and Africa: Flexible Electronics Market - Revenue and Forecast Analysis - by Components
- 9.5.4 Middle East and Africa: Flexible Electronics Market Breakdown, by Application
- 9.5.4.1 Middle East and Africa: Flexible Electronics Market - Revenue and Forecast Analysis - by Application
- 9.5.5 Middle East and Africa: Flexible Electronics Market - Revenue and Forecast Analysis - by Country
- 9.5.5.1 Middle East and Africa: Flexible Electronics Market - Revenue and Forecast Analysis - by Country
- 9.5.5.2 South Africa: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.5.5.2.1 South Africa: Flexible Electronics Market Breakdown, by Components
- 9.5.5.2.2 South Africa: Flexible Electronics Market Breakdown, by Application
- 9.5.5.3 Saudi Arabia: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.5.5.3.1 Saudi Arabia: Flexible Electronics Market Breakdown, by Components
- 9.5.5.3.2 Saudi Arabia: Flexible Electronics Market Breakdown, by Application
- 9.5.5.4 United Arab Emirates: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)
- 9.5.5.4.1 United Arab Emirates: Flexible Electronics Market Breakdown, by Components
- 9.5.5.4.2 United Arab Emirates: Flexible Electronics Market Breakdown, by Application0
- 9.5.5.5 Rest of Middle East and Africa: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)1
- 9.5.5.5.1 Rest of Middle East and Africa: Flexible Electronics Market Breakdown, by Components1
- 9.5.5.5.2 Rest of Middle East and Africa: Flexible Electronics Market Breakdown, by Application2
- 9.6 South and Central America3
- 9.6.1 South and Central America Flexible Electronics Market Overview3
- 9.6.2 South and Central America: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)3
- 9.6.3 South and Central America: Flexible Electronics Market Breakdown, by Components4
- 9.6.3.1 South and Central America: Flexible Electronics Market - Revenue and Forecast Analysis - by Components4
- 9.6.4 South and Central America: Flexible Electronics Market Breakdown, by Application5
- 9.6.4.1 South and Central America: Flexible Electronics Market - Revenue and Forecast Analysis - by Application5
- 9.6.5 South and Central America: Flexible Electronics Market - Revenue and Forecast Analysis - by Country6
- 9.6.5.1 South and Central America: Flexible Electronics Market - Revenue and Forecast Analysis - by Country6
- 9.6.5.2 Brazil: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)7
- 9.6.5.2.1 Brazil: Flexible Electronics Market Breakdown, by Components7
- 9.6.5.2.2 Brazil: Flexible Electronics Market Breakdown, by Application8
- 9.6.5.3 Argentina: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)9
- 9.6.5.3.1 Argentina: Flexible Electronics Market Breakdown, by Components9
- 9.6.5.3.2 Argentina: Flexible Electronics Market Breakdown, by Application0
- 9.6.5.4 Rest of South and Central America: Flexible Electronics Market - Revenue and Forecast to 2030 (US$ Million)1
- 9.6.5.4.1 Rest of South and Central America: Flexible Electronics Market Breakdown, by Components1
- 9.6.5.4.2 Rest of South and Central America: Flexible Electronics Market Breakdown, by Application2
10. Competitive Landscape3
- 10.1 Heat Map Analysis By Key Players3
- 10.2 Company Positioning & Concentration3
11. Industry Landscape4
- 11.1 Overview4
- 11.2 Market Initiative4
12. Company Profiles6
- 12.1 Samsung Electronics Co Ltd6
- 12.1.1 Key Facts6
- 12.1.2 Business Description6
- 12.1.3 Products and Services7
- 12.1.4 Financial Overview7
- 12.1.5 SWOT Analysis9
- 12.1.6 Key Developments1
- 12.2 LG Electronics Inc2
- 12.2.1 Key Facts2
- 12.2.2 Business Description2
- 12.2.3 Products and Services3
- 12.2.4 Financial Overview3
- 12.2.5 SWOT Analysis4
- 12.2.6 Key Developments5
- 12.3 Enfucell Flexible Electronics Ltd6
- 12.3.1 Key Facts6
- 12.3.2 Business Description6
- 12.3.3 Products and Services6
- 12.3.4 Financial Overview6
- 12.3.5 SWOT Analysis7
- 12.3.6 Key Developments8
- 12.4 SRI International9
- 12.4.1 Key Facts9
- 12.4.2 Business Description9
- 12.4.3 Products and Services9
- 12.4.4 Financial Overview9
- 12.4.5 SWOT Analysis0
- 12.4.6 Key Developments1
- 12.5 Imprint Energy2
- 12.5.1 Key Facts2
- 12.5.2 Business Description2
- 12.5.3 Products and Services2
- 12.5.4 Financial Overview2
- 12.5.5 SWOT Analysis3
- 12.5.6 Key Developments4
- 12.6 Blue Spark Technologies, Inc.5
- 12.6.1 Key Facts5
- 12.6.2 Business Description5
- 12.6.3 Products and Services5
- 12.6.4 Financial Overview5
- 12.6.5 SWOT Analysis6
- 12.6.6 Key Developments7
- 12.7 E Ink Holdings Inc8
- 12.7.1 Key Facts8
- 12.7.2 Business Description8
- 12.7.3 Products and Services8
- 12.7.4 Financial Overview9
- 12.7.5 SWOT Analysis0
- 12.7.6 Key Developments2
- 12.8 General Electric Co3
- 12.8.1 Key Facts3
- 12.8.2 Business Description3
- 12.8.3 Products and Services4
- 12.8.4 Financial Overview4
- 12.8.5 SWOT Analysis6
- 12.8.6 Key Developments7
- 12.9 AUO Corp8
- 12.9.1 Key Facts8
- 12.9.2 Business Description8
- 12.9.3 Products and Services9
- 12.9.4 Financial Overview9
- 12.9.5 SWOT Analysis1
- 12.9.6 Key Developments2
- 12.10 MFLEX3
- 12.10.1 Key Facts3
- 12.10.2 Business Description3
- 12.10.3 Products and Services3
- 12.10.4 Financial Overview3
- 12.10.5 SWOT Analysis4
- 12.10.6 Key Developments5
13. Appendix6
- 13.1 About The Insight Partners6
- 13.2 Word Index7