Market Overview:
The global flexible electronics and circuit market is expected to grow at a CAGR of 16.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for OLED and LCD displays, printed sensors, batteries, thin-film PV cells, and OLED lighting. In terms of type, the OLED display segment is expected to grow at a higher CAGR than the LCD display segment during the forecast period. This can be attributed to its superior features such as high contrast ratio, wide viewing angle, fast response time, and low power consumption as compared to LCD displays.
Product Definition:
Flexible electronics and circuits are electronic devices fabricated on a thin plastic substrate. The term "flexible" in this context does not refer to the bendability of the device, but rather to its low mass and conformability. This allows for the integration of large-area electronics with complex three-dimensional shapes. Flexible electronics have many potential applications, including rollable displays, implantable medical sensors, and wearable computing devices.
OLED & LCD Display:
OLED & LCD Display, it's usage.
The global OLED display market size was valued at USD 13.78 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for high-resolution displays across various applications such as consumer electronics, automotive, healthcare, etc., has been driving the industry growth over the past few years.
Printed Sensor:
The printed sensor is a new emerging technology that allows the integration of electronic devices directly on to flexible substrates such as plastic and textile. The printed sensors are used in various applications such as smart clothing, medical monitoring, interactive garments, and smart packaging.
Printed sensors have numerous advantages over traditional ones including low power consumption & weight; flexibility; compact size; high speed & accuracy; immunity to electromagnetic interference (EMI).
Application Insights:
The single-sided flexible electronics and circuits market is expected to reach USD 2.97 billion by 2030 owing to the growing demand for wearable devices, portable batteries, flexible displays and other electronic products. The increasing use of OLED displays in smartphones has fueled demand for printed sensors in mobile phones as they consume less power than liquid crystal displays (LCDs).
Single-sided flexible electronics are widely used in medical equipment, wearables & IoT devices, consumer durables & appliances among others. Wearable technology is anticipated to be one of the key application segments over the forecast period owing to rapidly evolving technologies such as stretchable plastics that offer potential benefits in terms of comfort and convenience.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from end-use industries, such as consumer electronics, automotive & transportation, energy storage & power applications. In addition, rising investments by key players in this region are anticipated to drive industry expansion over the coming years.
The European market was valued at USD X billion in 2017 and is projected to witness significant growth during the forecast period owing to high product demand from major end-use sectors including electrical & electronics and automotive.
North America region accounted for a significant revenue share of 24% of global flexible OLEDs/circuits market volume owing to growing product adoption across various application segments including single-sided printed sensors; double-sided printed sensors; multilayer batteries; thin film solar PV devices etc.
Growth Factors:
- Increasing demand for miniaturization in electronic devices: Flexible electronics are well-suited for miniaturization as they can be made thin and lightweight. This is driving the demand for flexible circuits in portable electronics, medical devices, and other applications.
- Development of new materials and fabrication techniques: The development of new materials and fabrication techniques is helping to expand the range of applications for flexible electronics. For example, graphene-based electrodes are being explored as a potential replacement for traditional metal electrodes in flexible displays and solar cells.
- Advances in printing technology: Printing technology is playing a key role in the development of low-cost, high-volume manufacturing processes for flexible electronics. Inkjet printing is particularly well suited for this application due to its ability to print patterns with high resolution over large areas quickly and cheaply.
- Growing interest from venture capitalists: Venture capitalists are increasingly interested in funding startups working on innovative technologies related to flexible electronics due to the potential growth opportunities this market presents. This has helped fuel rapid innovation within the industry over the past few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Electronics & Circuit Market Research Report
By Type
OLED & LCD Display, Printed Sensor, Battery, Thin-Film PV, OLED Lighting
By Application
Single-Sided, Multilayer, Double-Sided, Rigid
By Companies
Samsung, LG, Solar Frontier, First Solar, Panasonic, Konica Minolta, OLEDWorks, Blue Spark, BrightVolt, Heliatek, Cymbet
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Electronics & Circuit Market Report Segments:
The global Flexible Electronics & Circuit market is segmented on the basis of:
Types
OLED & LCD Display, Printed Sensor, Battery, Thin-Film PV, OLED Lighting
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Single-Sided, Multilayer, Double-Sided, Rigid
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung
- LG
- Solar Frontier
- First Solar
- Panasonic
- Konica Minolta
- OLEDWorks
- Blue Spark
- BrightVolt
- Heliatek
- Cymbet
Highlights of The Flexible Electronics & Circuit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OLED & LCD Display
- Printed Sensor
- Battery
- Thin-Film PV
- OLED Lighting
- By Application:
- Single-Sided
- Multilayer
- Double-Sided
- Rigid
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flexible Electronics & Circuit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flexible Electronics & Circuit is a trade name for a family of products made by the company Vishay. The Flexible Electronics & Circuit product line includes resistors, capacitors, inductors, and other components used in electronic equipment.
Some of the key players operating in the flexible electronics & circuit market are Samsung, LG, Solar Frontier, First Solar, Panasonic, Konica Minolta, OLEDWorks, Blue Spark, BrightVolt, Heliatek, Cymbet.
The flexible electronics & circuit market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flexible Electronics & Circuit Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flexible Electronics & Circuit Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flexible Electronics & Circuit Market - Supply Chain
4.5. Global Flexible Electronics & Circuit Market Forecast
4.5.1. Flexible Electronics & Circuit Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flexible Electronics & Circuit Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flexible Electronics & Circuit Market Absolute $ Opportunity
5. Global Flexible Electronics & Circuit Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flexible Electronics & Circuit Market Size and Volume Forecast by Type
5.3.1. OLED & LCD Display
5.3.2. Printed Sensor
5.3.3. Battery
5.3.4. Thin-Film PV
5.3.5. OLED Lighting
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flexible Electronics & Circuit Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flexible Electronics & Circuit Market Size and Volume Forecast by Application
6.3.1. Single-Sided
6.3.2. Multilayer
6.3.3. Double-Sided
6.3.4. Rigid
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flexible Electronics & Circuit Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flexible Electronics & Circuit Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flexible Electronics & Circuit Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flexible Electronics & Circuit Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flexible Electronics & Circuit Demand Share Forecast, 2019-2026
9. North America Flexible Electronics & Circuit Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flexible Electronics & Circuit Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flexible Electronics & Circuit Market Size and Volume Forecast by Application
9.4.1. Single-Sided
9.4.2. Multilayer
9.4.3. Double-Sided
9.4.4. Rigid
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flexible Electronics & Circuit Market Size and Volume Forecast by Type
9.7.1. OLED & LCD Display
9.7.2. Printed Sensor
9.7.3. Battery
9.7.4. Thin-Film PV
9.7.5. OLED Lighting
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flexible Electronics & Circuit Demand Share Forecast, 2019-2026
10. Latin America Flexible Electronics & Circuit Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flexible Electronics & Circuit Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flexible Electronics & Circuit Market Size and Volume Forecast by Application
10.4.1. Single-Sided
10.4.2. Multilayer
10.4.3. Double-Sided
10.4.4. Rigid
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flexible Electronics & Circuit Market Size and Volume Forecast by Type
10.7.1. OLED & LCD Display
10.7.2. Printed Sensor
10.7.3. Battery
10.7.4. Thin-Film PV
10.7.5. OLED Lighting
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flexible Electronics & Circuit Demand Share Forecast, 2019-2026
11. Europe Flexible Electronics & Circuit Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flexible Electronics & Circuit Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flexible Electronics & Circuit Market Size and Volume Forecast by Application
11.4.1. Single-Sided
11.4.2. Multilayer
11.4.3. Double-Sided
11.4.4. Rigid
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flexible Electronics & Circuit Market Size and Volume Forecast by Type
11.7.1. OLED & LCD Display
11.7.2. Printed Sensor
11.7.3. Battery
11.7.4. Thin-Film PV
11.7.5. OLED Lighting
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flexible Electronics & Circuit Demand Share, 2019-2026
12. Asia Pacific Flexible Electronics & Circuit Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flexible Electronics & Circuit Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flexible Electronics & Circuit Market Size and Volume Forecast by Application
12.4.1. Single-Sided
12.4.2. Multilayer
12.4.3. Double-Sided
12.4.4. Rigid
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flexible Electronics & Circuit Market Size and Volume Forecast by Type
12.7.1. OLED & LCD Display
12.7.2. Printed Sensor
12.7.3. Battery
12.7.4. Thin-Film PV
12.7.5. OLED Lighting
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flexible Electronics & Circuit Demand Share, 2019-2026
13. Middle East & Africa Flexible Electronics & Circuit Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flexible Electronics & Circuit Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flexible Electronics & Circuit Market Size and Volume Forecast by Application
13.4.1. Single-Sided
13.4.2. Multilayer
13.4.3. Double-Sided
13.4.4. Rigid
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flexible Electronics & Circuit Market Size and Volume Forecast by Type
13.7.1. OLED & LCD Display
13.7.2. Printed Sensor
13.7.3. Battery
13.7.4. Thin-Film PV
13.7.5. OLED Lighting
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flexible Electronics & Circuit Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flexible Electronics & Circuit Market: Market Share Analysis
14.2. Flexible Electronics & Circuit Distributors and Customers
14.3. Flexible Electronics & Circuit Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsung
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Solar Frontier
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. First Solar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Panasonic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Konica Minolta
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OLEDWorks
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Blue Spark
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BrightVolt
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Heliatek
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cymbet
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook