Flexible Electronics & Circuit Market with COVID-19 Impact Analysis by Structure Type (Single Sided Flex Circuit, Multilayer Flex Circuit), Application (Displays, Printed Sensors), Vertical (Consumer Electronics), and Geography - Global Forecast to 2026
The flexible electronics market size is projected to reach USD 48.5 billion by 2026 from an estimated USD 31.9 billion in 2021, at a CAGR of 8.8% from 2021 to 2026. The rising demand for consumer electronic devices is among the factors driving the growth of the flexible electronics & circuit market.
“The multilayer flex circuit held the largest share of the flexible circuit market in 2020, and will continue to hold a dominant position in the market during the forecast period”
The multilayer flex circuit held the largest share of the flexible circuit market in 2020, and will continue to hold a dominant position in the market during the forecast period. Multilayer flex circuits offer reduction in assembly costs, time, package size, and weight. They also offer better signal integrity than other structure types and are increasingly being used in the military, defense & aerospace; communications; automotive; and consumer electronics verticals. Multilayer flex circuit boards have very fine lines, allowing enough space for other components. Hence, multilayer flex circuit boards have high board density that is suitable for high density applications.
“The consumer electronics vertical is expected to capture the largest share of the flexible electronics market”
The consumer electronics vertical is expected to capture the largest share of the flexible electronics market based on vertical. The growth of this market can be attributed to the large-scale adoption of flexible displays in consumer electronic devices such as smartphones, wearables, televisions, etc. Flexible OLED displays are widely used in leading smartphones by industry leaders such as Apple Inc. and Samsung Group. Apple has plans to introduce the iPhone Flip with a flexible display. Such developments have significantly contributed to the growth of the overall flexible electronics market for the consumer electronics vertical.
“Based on region, APAC held the largest share of flexible electronics market.”
APAC held the largest share of the overall flexible electronics market, based on region, in 2020. The growth of the market can be attributed to the presence of leading players from the flexible electronics ecosystem such as Samsung Group, LG Corp., Panasonic Corporation, and Konica Minolta Inc. These players have captured a major share of the flexible electronics market, thereby contributing significantly to the growth of the market in APAC.
In-depth interviews have been conducted with chief executive officers (CEOs), marketing managers, and other executives from various key organizations operating in the flexible electronics & circuit marketplace.
The study includes an in-depth competitive analysis of these key players in the flexible electronics & circuit market, with their company profiles, recent developments, and key market strategies.
Research Coverage
The report defines, describes, and forecasts the flexible electronics & circuit market based on structure type, application, vertical, and region. It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the flexible electronics & circuit market. It also analyzes product launches and developments, agreements, acquisitions, expansions, and partnerships carried out by the key players to grow in the market.
Key Benefits of Buying the Report
This report will help market leaders/new entrants in this industry with information on the closest approximations of the revenue numbers for the overall flexible electronics & circuit market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
“The multilayer flex circuit held the largest share of the flexible circuit market in 2020, and will continue to hold a dominant position in the market during the forecast period”
The multilayer flex circuit held the largest share of the flexible circuit market in 2020, and will continue to hold a dominant position in the market during the forecast period. Multilayer flex circuits offer reduction in assembly costs, time, package size, and weight. They also offer better signal integrity than other structure types and are increasingly being used in the military, defense & aerospace; communications; automotive; and consumer electronics verticals. Multilayer flex circuit boards have very fine lines, allowing enough space for other components. Hence, multilayer flex circuit boards have high board density that is suitable for high density applications.
“The consumer electronics vertical is expected to capture the largest share of the flexible electronics market”
The consumer electronics vertical is expected to capture the largest share of the flexible electronics market based on vertical. The growth of this market can be attributed to the large-scale adoption of flexible displays in consumer electronic devices such as smartphones, wearables, televisions, etc. Flexible OLED displays are widely used in leading smartphones by industry leaders such as Apple Inc. and Samsung Group. Apple has plans to introduce the iPhone Flip with a flexible display. Such developments have significantly contributed to the growth of the overall flexible electronics market for the consumer electronics vertical.
“Based on region, APAC held the largest share of flexible electronics market.”
APAC held the largest share of the overall flexible electronics market, based on region, in 2020. The growth of the market can be attributed to the presence of leading players from the flexible electronics ecosystem such as Samsung Group, LG Corp., Panasonic Corporation, and Konica Minolta Inc. These players have captured a major share of the flexible electronics market, thereby contributing significantly to the growth of the market in APAC.
In-depth interviews have been conducted with chief executive officers (CEOs), marketing managers, and other executives from various key organizations operating in the flexible electronics & circuit marketplace.
- By Company Type: Tier 1 – 25%, Tier 2 – 35%, and Tier 3 – 40%
- By Designation: C-Level Executives – 35%, Managers – 25%, and Others – 40%
- By Region: North America – 25%, Europe – 42%, APAC – 21%, and RoW – 12%
The study includes an in-depth competitive analysis of these key players in the flexible electronics & circuit market, with their company profiles, recent developments, and key market strategies.
Research Coverage
The report defines, describes, and forecasts the flexible electronics & circuit market based on structure type, application, vertical, and region. It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the flexible electronics & circuit market. It also analyzes product launches and developments, agreements, acquisitions, expansions, and partnerships carried out by the key players to grow in the market.
Key Benefits of Buying the Report
This report will help market leaders/new entrants in this industry with information on the closest approximations of the revenue numbers for the overall flexible electronics & circuit market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 SCOPE
FIGURE 1 FLEXIBLE ELECTRONICS & CRICUIT MARKET SEGMENTATION
1.3.1 YEARS CONSIDERED
1.4 CURRENCY
1.5 MARKET STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 FACTOR ANALYSIS
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY SIDE): REVENUE GENERATED BY COMPANIES FROM SALES OF FLEXIBLE ELECTRONICS
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY SIDE): ILLUSTRATIVE EXAMPLE OF COMPANY OPERATING IN FLEXIBLE ELECTRONICS MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2—BOTTOM-UP (DEMAND SIDE) – DEMAND FOR FLEXIBLE ELECTRONICS FOR CONSUMER ELECTRONICS VERTICAL
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach for capturing market share using bottom-up analysis (demand side)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Approach for capturing market share using top-down analysis
supply side)
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.5.1 RESEARCH ASSUMPTIONS
2.5.2 LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 1 RECOVERY SCENARIOS OF GLOBAL ECONOMY
3.1 REALISTIC SCENARIO
3.2 OPTIMISTIC SCENARIO
3.3 PESSIMISTIC SCENARIO
FIGURE 9 GROWTH PROJECTIONS OF FLEXIBLE ELECTRONICS MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
3.4 IMPACT OF COVID-19 ON FLEXIBLE ELECTRONICS & CIRCUIT MARKET
FIGURE 10 GLOBAL PROPAGATION OF COVID-19
FIGURE 11 OLED LIGHTING SEGMENT TO WITNESS HIGHEST GROWTH RATE
FROM 2021 TO 2026
FIGURE 12 AUTOMOTIVE TO EXHIBIT HIGHEST CAGR IN FLEXIBLE ELECTRONICS MARKET FROM 2021 TO 2026
FIGURE 13 APAC LIKELY TO ACCOUNT FOR LARGEST SHARE OF FLEXIBLE ELECTRONICS MARKET BY 2026
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN FLEXIBLE ELECTRONICS MARKET
FIGURE 14 RISING DEMAND FOR CONSUMER ELECTRONICS TO FUEL DEMAND FOR FLEXIBLE ELECTRONICS IN COMING YEARS
4.2 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE
FIGURE 15 MULTILAYER FLEX CIRCUIT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.3 FLEXIBLE ELECTRONICS MARKET, BY REGION
FIGURE 16 NORTH AMERICA TO CAPTURE LARGEST MARKET SHARE BY 2026
4.4 FLEXIBLE ELECTRONICS MARKET, BY VERTICAL & REGION
FIGURE 17 CONSUMER ELECTRONICS TO ACCOUNT FOR LARGEST SHARE OF
FLEXIBLE ELECTRONICS MARKET BY 2026
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising demand for consumer electronic devices
5.2.1.2 Low cost of production as compared to rigid substrates
5.2.1.3 Growing demand in healthcare sector
FIGURE 19 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: DRIVERS AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 High investment cost
5.2.2.2 Complex assembly process
FIGURE 20 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: RESTRAINTS AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Continuous technological development
5.2.3.2 Increasing adoption of displays, thin film photovoltaics, and printed sensors
FIGURE 21 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: OPPORTUNITIES
AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Difficult repair and rework
FIGURE 22 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: CHALLENGES
AND THEIR IMPACT
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 23 FLEXIBLE ELECTRONICS & CIRCUIT SUPPLY CHAIN
TABLE 2 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: ROLE IN SUPPLY CHAIN
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
5.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR FLEXIBLE ELECTRONICS & CIRCUIT MARKET
FIGURE 24 REVENUE SHIFT IN FLEXIBLE ELECTRONICS & CIRCUIT MARKET
5.5 FLEXIBLE ELECTRONICS AND CIRCUIT ECOSYSTEM
FIGURE 25 FLEXIBLE ELECTRONICS AND CIRCUIT ECOSYSTEM
5.6 PORTER’S FIVE FORCES MODEL
TABLE 3 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS
5.6.1 THREAT OF NEW ENTRANTS
5.6.2 THREAT OF SUBSTITUTES
5.6.3 BARGAINING POWER OF SUPPLIERS
5.6.4 BARGAINING POWER OF BUYERS
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 CASE STUDY
5.7.1 NOVARES COLLABORATED WITH FLEXENABLE TO INTEGRATE CURVED DISPLAYS IN ITS DEMO CAR
5.7.2 HYUNDAI AND LG COLLABORATED TO INTRODUCE CEILING DISPLAYS IN ITS ELECTRIC VEHICLES
5.8 TECHNOLOGY ANALYSIS
5.8.1 COMPLEMENTARY TECHNOLOGIES
5.8.1.1 Active matrix organic light emitting diodes (AMOLED)
5.8.1.2 Organic thin-film transistor technology
5.9 AVERAGE SELLING PRICE FOR FLEXIBLE ELECTRONICS
TABLE 4 AVERAGE SELLING PRICE FOR FLEXIBLE ELECTRONICS APPLICATIONS
TABLE 5 AVERAGE SELLING PRICE FOR FLEXIBLE ELECTRONICS DISPLAYS, BY VERTICAL
5.10 TRADE ANALYSIS
TABLE 6 IMPORT DATA, BY COUNTRY, 2015–2019 (USD MILLION)
TABLE 7 EXPORT DATA, BY COUNTRY, 2015–2019 (USD MILLION)
5.11 PATENT ANALYSIS, 2018–2020
TABLE 8 TOP 20 PATENT OWNERS (US) IN LAST 10 YEARS
FIGURE 27 TOP 10 COMPANIES WITH HIGHEST NO. OF PATENT APPLICATIONS IN
LAST 10 YEARS
FIGURE 28 ANNUAL NO. OF PATENTS GRANTED OVER THE LAST 10 YEARS
5.12 TARIFFS AND REGULATIONS RELATED TO PRINTED CIRCUITS
5.12.1 TARIFFS
5.12.2 REGULATORY COMPLIANCE
5.12.3 STANDARDS
6 TYPES OF FLEXIBLE SUBSTRATES
6.1 INTRODUCTION
FIGURE 29 TYPES OF FLEXIBLE SUBSTRATES
6.2 PLASTIC SUBSTRATES
6.2.1 USED FOR FLEXIBLE DISPLAYS
6.3 THIN GLASS SUBSTRATES
6.3.1 USED IN OLED LIGHTING
6.4 METAL SUBSTRATES
6.4.1 USED TO FABRICATE SOLAR CELLS
7 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE, VERTICAL, AND GEOGRAPHY
7.1 INTRODUCTION
FIGURE 30 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE, VERTICAL, AND GEOGRAPHY
7.2 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE
FIGURE 31 MULTILAYER FLEX CIRCUIT SEGMENT HELD LARGEST SHARE OF FLEXIBLE CIRCUIT MARKET IN 2020 (USD MILLION)
TABLE 9 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE, 2017–2020 (USD MILLION)
TABLE 10 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE, 2021–2026 (USD MILLION)
7.2.1 SINGLE SIDED FLEX CIRCUIT
7.2.2 DOUBLE SIDED FLEX CIRCUIT
7.2.3 MULTILAYER FLEX CIRCUIT
7.2.4 RIGID FLEX CIRCUIT
7.2.5 OTHERS
7.2.5.1 Back bared or double-access flexible circuit
7.2.5.2 Sculptured flex circuit
7.2.5.3 Polymer thick film flex circuit
7.3 FLEXIBLE CIRCUIT MARKET, BY VERTICAL
FIGURE 32 CONSUMER ELECTRONICS SEGMENT EXPECTED TO RECORD HIGHEST
CAGR DURING 2021-2026 (USD MILLION)
TABLE 11 FLEXIBLE CIRCUIT MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 12 FLEXIBLE CIRCUIT MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
7.4 FLEXIBLE CIRCUIT MARKET, BY GEOGRAPHY
FIGURE 33 APAC HELD LARGEST SHARE OF FLEXIBLE CIRCUIT MARKET
IN 2020 (USD MILLION)
TABLE 13 FLEXIBLE CIRCUIT MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 14 FLEXIBLE CIRCUIT MARKET, BY REGION, 2021–2026 (USD MILLION)
7.4.1 NORTH AMERICA
TABLE 15 FLEXIBLE CIRCUIT MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 16 FLEXIBLE CIRCUIT MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
7.4.2 EUROPE
TABLE 17 FLEXIBLE CIRCUIT MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 18 FLEXIBLE CIRCUIT MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
7.4.3 APAC
TABLE 19 FLEXIBLE CIRCUIT MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 20 FLEXIBLE CIRCUIT MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
7.4.4 ROW
TABLE 21 FLEXIBLE CIRCUIT MARKET IN ROW, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 22 FLEXIBLE CIRCUIT MARKET IN ROW, BY COUNTRY, 2021–2026 (USD MILLION)
8 FLEXIBLE ELECTRONICS MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 34 DISPLAYS APPLICATION TO DOMINATE FLEXIBLE ELECTRONICS MARKET DURING FORECAST PERIOD
TABLE 23 FLEXIBLE ELECTRONICS MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 24 FLEXIBLE ELECTRONICS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
8.2 DISPLAYS
TABLE 25 FLEXIBLE ELECTRONICS MARKET FOR DISPLAYS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 26 FLEXIBLE ELECTRONICS MARKET FOR DISPLAYS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 27 FLEXIBLE ELECTRONICS MARKET FOR DISPLAYS, BY REGION, 2017–2020 (USD MILLION)
TABLE 28 FLEXIBLE ELECTRONICS MARKET FOR DISPLAYS, BY REGION, 2021–2026 (USD MILLION)
8.2.1 OLED DISPLAYS
8.2.1.1 Mass production for use in smartphones and wearables
FIGURE 35 OLED DISPLAYS FOR TV APPLICATION TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 29 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 30 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 31 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY APPLICATION, 2017–2020 (MILLION UNITS)
TABLE 32 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY APPLICATION, 2021–2026 (MILLION UNITS)
TABLE 33 FLEXIBLE OLED DISPLAY PANEL PRODUCTION, BY APPLICATION, 2017–2020 (THOUSAND SQUARE METERS)
TABLE 34 FLEXIBLE OLED DISPLAY PANEL PRODUCTION, BY APPLICATION, 2021–2026 (THOUSAND SQUARE METERS)
TABLE 35 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY REGION, 2017–2020 (USD MILLION)
TABLE 36 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY REGION, 2021–2026 (USD MILLION)
TABLE 37 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 38 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 39 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 40 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
FIGURE 36 SOUTH KOREA HELD THE MAJOR SHARE OF MARKET FOR OLED DISPLAYS DURING FORECAST PERIOD
TABLE 41 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 42 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 43 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 44 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.2.2 LCD DISPLAYS
8.2.2.1 Highly suited to television and automotive applications
TABLE 45 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 46 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 47 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS, BY REGION, 2017–2020 (USD MILLION)
TABLE 48 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS, BY REGION, 2021–2026 (USD MILLION)
FIGURE 37 US HELD MAJOR SHARE OF MARKET FOR LCD DISPLAYS DURING FORECAST PERIOD
TABLE 49 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 50 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 51 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 52 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 53 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 54 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 55 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 56 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.3 THIN-FILM PHOTOVOLTAICS
TABLE 57 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 58 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 59 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY TECHNOLOGY, 2017–2020 (GWP)
TABLE 60 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY TECHNOLOGY, 2021–2026 (GWP)
TABLE 61 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY REGION, 2017–2020 (USD MILLION)
TABLE 62 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY REGION, 2021–2026 (USD MILLION)
TABLE 63 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 64 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 65 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 66 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
FIGURE 38 CHINA HELD MAJOR SHARE OF MARKET FOR THIN-FILM PV IN APAC DURING FORECAST PERIOD
TABLE 67 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 68 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 69 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 70 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.3.1 CDTE
8.3.1.1 CdTe technology to lead thin-film PV market
8.3.2 CIGS
8.3.2.1 CIGS technology to record highest CAGR during forecast period
8.3.3 A-SI
8.3.3.1 Offers higher absorption coefficient and better weak light performance
8.4 PRINTED SENSORS
TABLE 71 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 72 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 73 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS, BY REGION, 2017–2020 (USD MILLION)
TABLE 74 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS, BY REGION, 2021–2026 (USD MILLION)
TABLE 75 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 76 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 77 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 78 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 79 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 80 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 81 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 82 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.4.1 BIOSENSORS
8.4.1.1 Essential for point-of-care applications
8.4.2 IMAGE SENSORS
8.4.2.1 Easily scalable into larger areas and high-pixel densities
8.4.3 TOUCH SENSORS
8.4.3.1 Rising demand for smartphones to support market growth
8.4.4 PRESSURE SENSORS
8.4.4.1 Suitable for controlling and monitoring applications
8.4.5 TEMPERATURE SENSORS
8.4.5.1 Offer miniaturization and low power consumption
8.4.6 GAS SENSORS
8.4.6.1 Growing concern for indoor and outdoor air quality to fuel market growth
8.4.7 HUMIDITY SENSORS
8.4.7.1 Help to control environmental conditions
8.5 BATTERIES
FIGURE 39 CURVED BATTERIES SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 83 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES, BY TYPE, 2017–2020 (USD MILLION)
TABLE 84 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES, BY TYPE, 2021–2026 (USD MILLION)
TABLE 85 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES, BY REGION, 2017–2020 (USD MILLION)
TABLE 86 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES, BY REGION, 2021–2026 (USD MILLION)
TABLE 87 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 88 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 89 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 90 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 91 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 92 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 93 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 94 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.5.1 THIN-FILM BATTERIES
8.5.1.1 Held major share of market in 2020
8.5.2 CURVED BATTERIES
8.5.2.1 Projected to record highest CAGR
8.5.3 PRINTED BATTERIES
8.5.3.1 Eco-friendly and bio-friendly
8.5.4 OTHERS
8.5.5 IMPACT OF COVID-19 ON BATTERIES
FIGURE 40 IMPACT OF COVID-19 ON FLEXIBLE ELECTRONICS MARKET FOR BATTERIES
8.6 OLED LIGHTING
8.6.1 ENERGY-EFFICIENT ALTERNATIVE TO OTHER LIGHTING DEVICES
TABLE 95 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING, BY REGION, 2017–2020 (USD MILLION)
TABLE 96 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING, BY REGION, 2021–2026 (USD MILLION)
TABLE 97 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 98 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 99 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 100 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 101 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 102 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 103 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 104 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.7 OTHERS
9 FLEXIBLE ELECTRONICS MARKET, BY VERTICAL
9.1 INTRODUCTION
FIGURE 41 CONSUMER ELECTRONICS VERTICAL LEADS FLEXIBLE ELECTRONICS MARKET IN TERMS OF SIZE IN 2020
TABLE 105 FLEXIBLE CIRCUIT MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 106 FLEXIBLE CIRCUIT MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
9.2 CONSUMER ELECTRONICS
9.2.1 GROWTH OF FLEXIBLE DISPLAYS WILL FUEL THE DEMAND OF FLEXIBLE ELECTRONICS MARKET
9.3 ENERGY & POWER
9.3.1 INCREASING DEMAND FOR RENEWABLE SOURCES OF ENERGY IS FUELING MARKET GROWTH
9.4 HEALTHCARE
9.4.1 FLEXIBLE SENSORS ARE OPTIMAL SOLUTIONS FOR MEDICAL
ELECTRONIC DEVICES
9.5 AUTOMOTIVE
9.5.1 FLEXIBLE DISPLAYS OFFER ENHANCED INTERATIVE DASHBOARS IN THE VEHICLES
9.5.2 IMPACT OF COVID-19 ON AUTOMOTIVE SEGMENT
FIGURE 42 IMPACT OF COVID-19 ON FLEXIBLE ELECTRONICS MARKET FOR AUTOMOTIVE
9.6 MILITARY, DEFENSE & AEROSPACE
9.6.1 MILITARY, DEFENSE & AEROSPACE EMPLOY FLEXIBLE ELECTRONICS IN REMOTE SYSTEMS, INTEGRATED SENSORS AND WEARABLE TECHNOLOGY
9.7 INDUSTRIAL
9.7.1 FLEXIBLE ELECTRONICS OFFERS HIGH PERFORMANCE, LIGHT WEIGHT, SCALABILITY, SOFTNESS AND FLEXIBILITY TO THE INDUSTRIAL SYSTEMS
9.8 OTHERS
10 FLEXIBLE ELECTRONICS MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 43 FLEXIBLE ELECTRONICS MARKET, BY REGION
FIGURE 44 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA EXPECTED TO REGISTER HIGH GROWTH FROM 2021 TO 2026
TABLE 107 FLEXIBLE ELECTRONICS MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 108 FLEXIBLE ELECTRONICS MARKET, BY REGION, 2021–2026 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 CONSUMER ELECTRONICS VERTICAL DRIVING MARKET GROWTH
FIGURE 45 NORTH AMERICA: FLEXIBLE ELECTRONICS MARKET SNAPSHOT
TABLE 109 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 110 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 111 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 112 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
10.3 EUROPE
10.3.1 DEMAND FROM AEROSPACE AND AUTOMOTIVE VERTICALS PROPELS MARKET GROWTH
FIGURE 46 EUROPE: FLEXIBLE ELECTRONICS MARKET SNAPSHOT
TABLE 113 FLEXIBLE ELECTRONICS MARKET IN EUROPE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 114 FLEXIBLE ELECTRONICS MARKET IN EUROPE, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 115 FLEXIBLE ELECTRONICS MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 116 FLEXIBLE ELECTRONICS MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
10.3.2 IMPACT OF COVID-19 IN EUROPE
FIGURE 47 IMPACT OF COVID-19 ON FLEXIBLE ELECTRONICS MARKET IN EUROPE
10.4 APAC
10.4.1 LARGEST DEMAND FOR FLEXIBLE ELECTRONICS
FIGURE 48 APAC: FLEXIBLE ELECTRONICS MARKET SNAPSHOT
TABLE 117 FLEXIBLE ELECTRONICS MARKET IN APAC, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 118 FLEXIBLE ELECTRONICS MARKET IN APAC, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 119 FLEXIBLE ELECTRONICS MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 120 FLEXIBLE ELECTRONICS MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
10.5 ROW
TABLE 121 FLEXIBLE ELECTRONICS MARKET IN ROW, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 122 FLEXIBLE ELECTRONICS MARKET IN ROW, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 123 FLEXIBLE ELECTRONICS MARKET IN ROW, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 124 FLEXIBLE ELECTRONICS MARKET IN ROW, BY COUNTRY, 2021–2026 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 125 OVERVIEW OF STRATEGIES DEPLOYED BY KEY FLEXIBLE ELECTRONICS & CIRCUIT COMPANIES
11.2.1 PRODUCT PORTFOLIO
11.2.2 REGIONAL FOCUS
11.2.3 MANUFACTURING FOOTPRINT
11.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
11.3 FIVE-YEAR COMPANY REVENUE ANALYSIS
FIGURE 49 FIVE-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN FLEXIBLE ELECTRONICS MARKET
11.4 MARKET SHARE ANALYSIS: FLEXIBLE ELECTRONICS MARKET, 2020
TABLE 126 FLEXIBLE ELECTRONICS MARKET: MARKET SHARE ANALYSIS (2020)
11.5 MARKET EVALUATION QUADRANT
11.5.1 STARS
11.5.2 PERVASIVE COMPANIES
11.5.3 EMERGING LEADERS
11.5.4 PARTICIPANTS
FIGURE 50 FLEXIBLE ELECTRONICS & CIRCUIT MARKET EVALUATION QUADRANT, 2020
11.5.5 COMPANY FOOTPRINT
FIGURE 51 COMPANY PRODUCT FOOTPRINT
TABLE 127 COMPANY END USER FOOTPRINT
TABLE 128 COMPANY REGION FOOTPRINT
TABLE 129 COMPANY FOOTPRINT
11.6 START-UP/ SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
TABLE 130 LIST OF START-UP/ SMALL AND MEDIUM-SIZED ENTERPRISES (SME) IN THE FLEXIBLE ELECTRONICS & CIRCUIT MARKET
11.6.1 PROGRESSIVE COMPANIES
11.6.2 RESPONSIVE COMPANIES
11.6.3 DYNAMIC COMPANIES
11.6.4 STARTING BLOCKS
FIGURE 52 FLEXIBLE ELECTRONICS & CIRCUIT MARKET, START-UP/SME EVALUATION MATRIX, 2020
11.7 COMPETITIVE SITUATIONS AND TRENDS
FIGURE 53 FLEXIBLE ELECTRONICS & CIRCUIT MARKET WITNESSED SIGNIFICANT GROWTH BETWEEN JANUARY 2017 AND JANUARY 2021
11.7.1 PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 131 PRODUCT LAUNCHES AND DEVELOPMENTS (JANUARY 2017–JANUARY 2021)
11.7.2 DEALS
TABLE 132 DEALS (JANUARY 2017 TO JANUARY 2021)
11.7.3 OTHERS
TABLE 133 OTHERS (JANUARY 2017 TO JANUARY 2021)
12 COMPANY PROFILES
12.1 KEY COMPANIES
(Business overview, Products and services, Recent Developments, MNM view)*
12.1.1 SAMSUNG GROUP
FIGURE 54 SAMSUNG GROUP: COMPANY SNAPSHOT
12.1.2 LG CORP.
FIGURE 55 LG CORP.: COMPANY SNAPSHOT
12.1.3 PANASONIC CORPORATION
FIGURE 56 PANASONIC CORPORATION: COMPANY SNAPSHOT
12.1.4 THE 3M COMPANY
FIGURE 57 THE 3M COMPANY: COMPANY SNAPSHOT
12.1.5 KONICA MINOLTA INC.
FIGURE 58 KONICA MINOLTA INC.: COMPANY SNAPSHOT
12.1.6 FIRST SOLAR, INC.
FIGURE 59 FIRST SOLAR, INC.: COMPANY SNAPSHOT
12.1.7 E INK HOLDINGS
FIGURE 60 E INK HOLDINGS: COMPANY SNAPSHOT
12.1.8 PRAGMATIC PRINTING LTD.
12.1.9 BLUE SPARK TECHNOLOGIES, INC.
12.1.10 BRIGHTVOLT TECHNOLOGIES
12.2 STARTUP/SME PLAYERS
12.2.1 HELIATEK GMBH
12.2.2 CYMBET CORPORATION
12.2.3 PALO ALTO RESEARCH CENTER (PARC), A XEROX COMPANY
12.2.4 OLEDWORKS
12.2.5 THIN FILM ELECTRONICS ASA
12.2.6 ROYOLE CORPORATION
12.2.7 FLEXENABLE LTD
12.2.8 ENFUCELL OY
12.2.9 AU OPTRONICS CORP.
12.2.10 IMPRINT ENERGY, INC.
*Details on Business overview, Products and services, Recent Developments, MNM view might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 SCOPE
FIGURE 1 FLEXIBLE ELECTRONICS & CRICUIT MARKET SEGMENTATION
1.3.1 YEARS CONSIDERED
1.4 CURRENCY
1.5 MARKET STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 FACTOR ANALYSIS
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY SIDE): REVENUE GENERATED BY COMPANIES FROM SALES OF FLEXIBLE ELECTRONICS
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY SIDE): ILLUSTRATIVE EXAMPLE OF COMPANY OPERATING IN FLEXIBLE ELECTRONICS MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2—BOTTOM-UP (DEMAND SIDE) – DEMAND FOR FLEXIBLE ELECTRONICS FOR CONSUMER ELECTRONICS VERTICAL
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach for capturing market share using bottom-up analysis (demand side)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Approach for capturing market share using top-down analysis
supply side)
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.5.1 RESEARCH ASSUMPTIONS
2.5.2 LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 1 RECOVERY SCENARIOS OF GLOBAL ECONOMY
3.1 REALISTIC SCENARIO
3.2 OPTIMISTIC SCENARIO
3.3 PESSIMISTIC SCENARIO
FIGURE 9 GROWTH PROJECTIONS OF FLEXIBLE ELECTRONICS MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
3.4 IMPACT OF COVID-19 ON FLEXIBLE ELECTRONICS & CIRCUIT MARKET
FIGURE 10 GLOBAL PROPAGATION OF COVID-19
FIGURE 11 OLED LIGHTING SEGMENT TO WITNESS HIGHEST GROWTH RATE
FROM 2021 TO 2026
FIGURE 12 AUTOMOTIVE TO EXHIBIT HIGHEST CAGR IN FLEXIBLE ELECTRONICS MARKET FROM 2021 TO 2026
FIGURE 13 APAC LIKELY TO ACCOUNT FOR LARGEST SHARE OF FLEXIBLE ELECTRONICS MARKET BY 2026
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN FLEXIBLE ELECTRONICS MARKET
FIGURE 14 RISING DEMAND FOR CONSUMER ELECTRONICS TO FUEL DEMAND FOR FLEXIBLE ELECTRONICS IN COMING YEARS
4.2 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE
FIGURE 15 MULTILAYER FLEX CIRCUIT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.3 FLEXIBLE ELECTRONICS MARKET, BY REGION
FIGURE 16 NORTH AMERICA TO CAPTURE LARGEST MARKET SHARE BY 2026
4.4 FLEXIBLE ELECTRONICS MARKET, BY VERTICAL & REGION
FIGURE 17 CONSUMER ELECTRONICS TO ACCOUNT FOR LARGEST SHARE OF
FLEXIBLE ELECTRONICS MARKET BY 2026
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising demand for consumer electronic devices
5.2.1.2 Low cost of production as compared to rigid substrates
5.2.1.3 Growing demand in healthcare sector
FIGURE 19 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: DRIVERS AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 High investment cost
5.2.2.2 Complex assembly process
FIGURE 20 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: RESTRAINTS AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Continuous technological development
5.2.3.2 Increasing adoption of displays, thin film photovoltaics, and printed sensors
FIGURE 21 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: OPPORTUNITIES
AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Difficult repair and rework
FIGURE 22 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: CHALLENGES
AND THEIR IMPACT
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 23 FLEXIBLE ELECTRONICS & CIRCUIT SUPPLY CHAIN
TABLE 2 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: ROLE IN SUPPLY CHAIN
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
5.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR FLEXIBLE ELECTRONICS & CIRCUIT MARKET
FIGURE 24 REVENUE SHIFT IN FLEXIBLE ELECTRONICS & CIRCUIT MARKET
5.5 FLEXIBLE ELECTRONICS AND CIRCUIT ECOSYSTEM
FIGURE 25 FLEXIBLE ELECTRONICS AND CIRCUIT ECOSYSTEM
5.6 PORTER’S FIVE FORCES MODEL
TABLE 3 FLEXIBLE ELECTRONICS & CIRCUIT MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS
5.6.1 THREAT OF NEW ENTRANTS
5.6.2 THREAT OF SUBSTITUTES
5.6.3 BARGAINING POWER OF SUPPLIERS
5.6.4 BARGAINING POWER OF BUYERS
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 CASE STUDY
5.7.1 NOVARES COLLABORATED WITH FLEXENABLE TO INTEGRATE CURVED DISPLAYS IN ITS DEMO CAR
5.7.2 HYUNDAI AND LG COLLABORATED TO INTRODUCE CEILING DISPLAYS IN ITS ELECTRIC VEHICLES
5.8 TECHNOLOGY ANALYSIS
5.8.1 COMPLEMENTARY TECHNOLOGIES
5.8.1.1 Active matrix organic light emitting diodes (AMOLED)
5.8.1.2 Organic thin-film transistor technology
5.9 AVERAGE SELLING PRICE FOR FLEXIBLE ELECTRONICS
TABLE 4 AVERAGE SELLING PRICE FOR FLEXIBLE ELECTRONICS APPLICATIONS
TABLE 5 AVERAGE SELLING PRICE FOR FLEXIBLE ELECTRONICS DISPLAYS, BY VERTICAL
5.10 TRADE ANALYSIS
TABLE 6 IMPORT DATA, BY COUNTRY, 2015–2019 (USD MILLION)
TABLE 7 EXPORT DATA, BY COUNTRY, 2015–2019 (USD MILLION)
5.11 PATENT ANALYSIS, 2018–2020
TABLE 8 TOP 20 PATENT OWNERS (US) IN LAST 10 YEARS
FIGURE 27 TOP 10 COMPANIES WITH HIGHEST NO. OF PATENT APPLICATIONS IN
LAST 10 YEARS
FIGURE 28 ANNUAL NO. OF PATENTS GRANTED OVER THE LAST 10 YEARS
5.12 TARIFFS AND REGULATIONS RELATED TO PRINTED CIRCUITS
5.12.1 TARIFFS
5.12.2 REGULATORY COMPLIANCE
5.12.3 STANDARDS
6 TYPES OF FLEXIBLE SUBSTRATES
6.1 INTRODUCTION
FIGURE 29 TYPES OF FLEXIBLE SUBSTRATES
6.2 PLASTIC SUBSTRATES
6.2.1 USED FOR FLEXIBLE DISPLAYS
6.3 THIN GLASS SUBSTRATES
6.3.1 USED IN OLED LIGHTING
6.4 METAL SUBSTRATES
6.4.1 USED TO FABRICATE SOLAR CELLS
7 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE, VERTICAL, AND GEOGRAPHY
7.1 INTRODUCTION
FIGURE 30 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE, VERTICAL, AND GEOGRAPHY
7.2 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE
FIGURE 31 MULTILAYER FLEX CIRCUIT SEGMENT HELD LARGEST SHARE OF FLEXIBLE CIRCUIT MARKET IN 2020 (USD MILLION)
TABLE 9 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE, 2017–2020 (USD MILLION)
TABLE 10 FLEXIBLE CIRCUIT MARKET, BY STRUCTURE TYPE, 2021–2026 (USD MILLION)
7.2.1 SINGLE SIDED FLEX CIRCUIT
7.2.2 DOUBLE SIDED FLEX CIRCUIT
7.2.3 MULTILAYER FLEX CIRCUIT
7.2.4 RIGID FLEX CIRCUIT
7.2.5 OTHERS
7.2.5.1 Back bared or double-access flexible circuit
7.2.5.2 Sculptured flex circuit
7.2.5.3 Polymer thick film flex circuit
7.3 FLEXIBLE CIRCUIT MARKET, BY VERTICAL
FIGURE 32 CONSUMER ELECTRONICS SEGMENT EXPECTED TO RECORD HIGHEST
CAGR DURING 2021-2026 (USD MILLION)
TABLE 11 FLEXIBLE CIRCUIT MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 12 FLEXIBLE CIRCUIT MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
7.4 FLEXIBLE CIRCUIT MARKET, BY GEOGRAPHY
FIGURE 33 APAC HELD LARGEST SHARE OF FLEXIBLE CIRCUIT MARKET
IN 2020 (USD MILLION)
TABLE 13 FLEXIBLE CIRCUIT MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 14 FLEXIBLE CIRCUIT MARKET, BY REGION, 2021–2026 (USD MILLION)
7.4.1 NORTH AMERICA
TABLE 15 FLEXIBLE CIRCUIT MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 16 FLEXIBLE CIRCUIT MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
7.4.2 EUROPE
TABLE 17 FLEXIBLE CIRCUIT MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 18 FLEXIBLE CIRCUIT MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
7.4.3 APAC
TABLE 19 FLEXIBLE CIRCUIT MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 20 FLEXIBLE CIRCUIT MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
7.4.4 ROW
TABLE 21 FLEXIBLE CIRCUIT MARKET IN ROW, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 22 FLEXIBLE CIRCUIT MARKET IN ROW, BY COUNTRY, 2021–2026 (USD MILLION)
8 FLEXIBLE ELECTRONICS MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 34 DISPLAYS APPLICATION TO DOMINATE FLEXIBLE ELECTRONICS MARKET DURING FORECAST PERIOD
TABLE 23 FLEXIBLE ELECTRONICS MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 24 FLEXIBLE ELECTRONICS MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
8.2 DISPLAYS
TABLE 25 FLEXIBLE ELECTRONICS MARKET FOR DISPLAYS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 26 FLEXIBLE ELECTRONICS MARKET FOR DISPLAYS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 27 FLEXIBLE ELECTRONICS MARKET FOR DISPLAYS, BY REGION, 2017–2020 (USD MILLION)
TABLE 28 FLEXIBLE ELECTRONICS MARKET FOR DISPLAYS, BY REGION, 2021–2026 (USD MILLION)
8.2.1 OLED DISPLAYS
8.2.1.1 Mass production for use in smartphones and wearables
FIGURE 35 OLED DISPLAYS FOR TV APPLICATION TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 29 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 30 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 31 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY APPLICATION, 2017–2020 (MILLION UNITS)
TABLE 32 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY APPLICATION, 2021–2026 (MILLION UNITS)
TABLE 33 FLEXIBLE OLED DISPLAY PANEL PRODUCTION, BY APPLICATION, 2017–2020 (THOUSAND SQUARE METERS)
TABLE 34 FLEXIBLE OLED DISPLAY PANEL PRODUCTION, BY APPLICATION, 2021–2026 (THOUSAND SQUARE METERS)
TABLE 35 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY REGION, 2017–2020 (USD MILLION)
TABLE 36 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS, BY REGION, 2021–2026 (USD MILLION)
TABLE 37 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 38 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 39 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 40 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
FIGURE 36 SOUTH KOREA HELD THE MAJOR SHARE OF MARKET FOR OLED DISPLAYS DURING FORECAST PERIOD
TABLE 41 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 42 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 43 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 44 FLEXIBLE ELECTRONICS MARKET FOR OLED DISPLAYS IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.2.2 LCD DISPLAYS
8.2.2.1 Highly suited to television and automotive applications
TABLE 45 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 46 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 47 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS, BY REGION, 2017–2020 (USD MILLION)
TABLE 48 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS, BY REGION, 2021–2026 (USD MILLION)
FIGURE 37 US HELD MAJOR SHARE OF MARKET FOR LCD DISPLAYS DURING FORECAST PERIOD
TABLE 49 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 50 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 51 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 52 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 53 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 54 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 55 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 56 FLEXIBLE ELECTRONICS MARKET FOR LCD DISPLAYS IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.3 THIN-FILM PHOTOVOLTAICS
TABLE 57 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY TECHNOLOGY, 2017–2020 (USD BILLION)
TABLE 58 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY TECHNOLOGY, 2021–2026 (USD BILLION)
TABLE 59 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY TECHNOLOGY, 2017–2020 (GWP)
TABLE 60 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY TECHNOLOGY, 2021–2026 (GWP)
TABLE 61 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY REGION, 2017–2020 (USD MILLION)
TABLE 62 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV, BY REGION, 2021–2026 (USD MILLION)
TABLE 63 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 64 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 65 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 66 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
FIGURE 38 CHINA HELD MAJOR SHARE OF MARKET FOR THIN-FILM PV IN APAC DURING FORECAST PERIOD
TABLE 67 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 68 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 69 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 70 FLEXIBLE ELECTRONICS MARKET FOR THIN-FILM PV IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.3.1 CDTE
8.3.1.1 CdTe technology to lead thin-film PV market
8.3.2 CIGS
8.3.2.1 CIGS technology to record highest CAGR during forecast period
8.3.3 A-SI
8.3.3.1 Offers higher absorption coefficient and better weak light performance
8.4 PRINTED SENSORS
TABLE 71 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 72 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 73 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS, BY REGION, 2017–2020 (USD MILLION)
TABLE 74 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS, BY REGION, 2021–2026 (USD MILLION)
TABLE 75 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 76 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 77 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 78 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 79 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 80 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 81 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 82 FLEXIBLE ELECTRONICS MARKET FOR PRINTED SENSORS IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.4.1 BIOSENSORS
8.4.1.1 Essential for point-of-care applications
8.4.2 IMAGE SENSORS
8.4.2.1 Easily scalable into larger areas and high-pixel densities
8.4.3 TOUCH SENSORS
8.4.3.1 Rising demand for smartphones to support market growth
8.4.4 PRESSURE SENSORS
8.4.4.1 Suitable for controlling and monitoring applications
8.4.5 TEMPERATURE SENSORS
8.4.5.1 Offer miniaturization and low power consumption
8.4.6 GAS SENSORS
8.4.6.1 Growing concern for indoor and outdoor air quality to fuel market growth
8.4.7 HUMIDITY SENSORS
8.4.7.1 Help to control environmental conditions
8.5 BATTERIES
FIGURE 39 CURVED BATTERIES SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 83 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES, BY TYPE, 2017–2020 (USD MILLION)
TABLE 84 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES, BY TYPE, 2021–2026 (USD MILLION)
TABLE 85 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES, BY REGION, 2017–2020 (USD MILLION)
TABLE 86 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES, BY REGION, 2021–2026 (USD MILLION)
TABLE 87 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 88 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 89 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 90 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 91 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 92 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 93 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 94 FLEXIBLE ELECTRONICS MARKET FOR BATTERIES IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.5.1 THIN-FILM BATTERIES
8.5.1.1 Held major share of market in 2020
8.5.2 CURVED BATTERIES
8.5.2.1 Projected to record highest CAGR
8.5.3 PRINTED BATTERIES
8.5.3.1 Eco-friendly and bio-friendly
8.5.4 OTHERS
8.5.5 IMPACT OF COVID-19 ON BATTERIES
FIGURE 40 IMPACT OF COVID-19 ON FLEXIBLE ELECTRONICS MARKET FOR BATTERIES
8.6 OLED LIGHTING
8.6.1 ENERGY-EFFICIENT ALTERNATIVE TO OTHER LIGHTING DEVICES
TABLE 95 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING, BY REGION, 2017–2020 (USD MILLION)
TABLE 96 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING, BY REGION, 2021–2026 (USD MILLION)
TABLE 97 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 98 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 99 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 100 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 101 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 102 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 103 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 104 FLEXIBLE ELECTRONICS MARKET FOR OLED LIGHTING IN ROW, BY REGION, 2021–2026 (USD MILLION)
8.7 OTHERS
9 FLEXIBLE ELECTRONICS MARKET, BY VERTICAL
9.1 INTRODUCTION
FIGURE 41 CONSUMER ELECTRONICS VERTICAL LEADS FLEXIBLE ELECTRONICS MARKET IN TERMS OF SIZE IN 2020
TABLE 105 FLEXIBLE CIRCUIT MARKET, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 106 FLEXIBLE CIRCUIT MARKET, BY VERTICAL, 2021–2026 (USD MILLION)
9.2 CONSUMER ELECTRONICS
9.2.1 GROWTH OF FLEXIBLE DISPLAYS WILL FUEL THE DEMAND OF FLEXIBLE ELECTRONICS MARKET
9.3 ENERGY & POWER
9.3.1 INCREASING DEMAND FOR RENEWABLE SOURCES OF ENERGY IS FUELING MARKET GROWTH
9.4 HEALTHCARE
9.4.1 FLEXIBLE SENSORS ARE OPTIMAL SOLUTIONS FOR MEDICAL
ELECTRONIC DEVICES
9.5 AUTOMOTIVE
9.5.1 FLEXIBLE DISPLAYS OFFER ENHANCED INTERATIVE DASHBOARS IN THE VEHICLES
9.5.2 IMPACT OF COVID-19 ON AUTOMOTIVE SEGMENT
FIGURE 42 IMPACT OF COVID-19 ON FLEXIBLE ELECTRONICS MARKET FOR AUTOMOTIVE
9.6 MILITARY, DEFENSE & AEROSPACE
9.6.1 MILITARY, DEFENSE & AEROSPACE EMPLOY FLEXIBLE ELECTRONICS IN REMOTE SYSTEMS, INTEGRATED SENSORS AND WEARABLE TECHNOLOGY
9.7 INDUSTRIAL
9.7.1 FLEXIBLE ELECTRONICS OFFERS HIGH PERFORMANCE, LIGHT WEIGHT, SCALABILITY, SOFTNESS AND FLEXIBILITY TO THE INDUSTRIAL SYSTEMS
9.8 OTHERS
10 FLEXIBLE ELECTRONICS MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 43 FLEXIBLE ELECTRONICS MARKET, BY REGION
FIGURE 44 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA EXPECTED TO REGISTER HIGH GROWTH FROM 2021 TO 2026
TABLE 107 FLEXIBLE ELECTRONICS MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 108 FLEXIBLE ELECTRONICS MARKET, BY REGION, 2021–2026 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 CONSUMER ELECTRONICS VERTICAL DRIVING MARKET GROWTH
FIGURE 45 NORTH AMERICA: FLEXIBLE ELECTRONICS MARKET SNAPSHOT
TABLE 109 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 110 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 111 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 112 FLEXIBLE ELECTRONICS MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
10.3 EUROPE
10.3.1 DEMAND FROM AEROSPACE AND AUTOMOTIVE VERTICALS PROPELS MARKET GROWTH
FIGURE 46 EUROPE: FLEXIBLE ELECTRONICS MARKET SNAPSHOT
TABLE 113 FLEXIBLE ELECTRONICS MARKET IN EUROPE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 114 FLEXIBLE ELECTRONICS MARKET IN EUROPE, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 115 FLEXIBLE ELECTRONICS MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 116 FLEXIBLE ELECTRONICS MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
10.3.2 IMPACT OF COVID-19 IN EUROPE
FIGURE 47 IMPACT OF COVID-19 ON FLEXIBLE ELECTRONICS MARKET IN EUROPE
10.4 APAC
10.4.1 LARGEST DEMAND FOR FLEXIBLE ELECTRONICS
FIGURE 48 APAC: FLEXIBLE ELECTRONICS MARKET SNAPSHOT
TABLE 117 FLEXIBLE ELECTRONICS MARKET IN APAC, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 118 FLEXIBLE ELECTRONICS MARKET IN APAC, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 119 FLEXIBLE ELECTRONICS MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 120 FLEXIBLE ELECTRONICS MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
10.5 ROW
TABLE 121 FLEXIBLE ELECTRONICS MARKET IN ROW, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 122 FLEXIBLE ELECTRONICS MARKET IN ROW, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 123 FLEXIBLE ELECTRONICS MARKET IN ROW, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 124 FLEXIBLE ELECTRONICS MARKET IN ROW, BY COUNTRY, 2021–2026 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 125 OVERVIEW OF STRATEGIES DEPLOYED BY KEY FLEXIBLE ELECTRONICS & CIRCUIT COMPANIES
11.2.1 PRODUCT PORTFOLIO
11.2.2 REGIONAL FOCUS
11.2.3 MANUFACTURING FOOTPRINT
11.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
11.3 FIVE-YEAR COMPANY REVENUE ANALYSIS
FIGURE 49 FIVE-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN FLEXIBLE ELECTRONICS MARKET
11.4 MARKET SHARE ANALYSIS: FLEXIBLE ELECTRONICS MARKET, 2020
TABLE 126 FLEXIBLE ELECTRONICS MARKET: MARKET SHARE ANALYSIS (2020)
11.5 MARKET EVALUATION QUADRANT
11.5.1 STARS
11.5.2 PERVASIVE COMPANIES
11.5.3 EMERGING LEADERS
11.5.4 PARTICIPANTS
FIGURE 50 FLEXIBLE ELECTRONICS & CIRCUIT MARKET EVALUATION QUADRANT, 2020
11.5.5 COMPANY FOOTPRINT
FIGURE 51 COMPANY PRODUCT FOOTPRINT
TABLE 127 COMPANY END USER FOOTPRINT
TABLE 128 COMPANY REGION FOOTPRINT
TABLE 129 COMPANY FOOTPRINT
11.6 START-UP/ SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX
TABLE 130 LIST OF START-UP/ SMALL AND MEDIUM-SIZED ENTERPRISES (SME) IN THE FLEXIBLE ELECTRONICS & CIRCUIT MARKET
11.6.1 PROGRESSIVE COMPANIES
11.6.2 RESPONSIVE COMPANIES
11.6.3 DYNAMIC COMPANIES
11.6.4 STARTING BLOCKS
FIGURE 52 FLEXIBLE ELECTRONICS & CIRCUIT MARKET, START-UP/SME EVALUATION MATRIX, 2020
11.7 COMPETITIVE SITUATIONS AND TRENDS
FIGURE 53 FLEXIBLE ELECTRONICS & CIRCUIT MARKET WITNESSED SIGNIFICANT GROWTH BETWEEN JANUARY 2017 AND JANUARY 2021
11.7.1 PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 131 PRODUCT LAUNCHES AND DEVELOPMENTS (JANUARY 2017–JANUARY 2021)
11.7.2 DEALS
TABLE 132 DEALS (JANUARY 2017 TO JANUARY 2021)
11.7.3 OTHERS
TABLE 133 OTHERS (JANUARY 2017 TO JANUARY 2021)
12 COMPANY PROFILES
12.1 KEY COMPANIES
(Business overview, Products and services, Recent Developments, MNM view)*
12.1.1 SAMSUNG GROUP
FIGURE 54 SAMSUNG GROUP: COMPANY SNAPSHOT
12.1.2 LG CORP.
FIGURE 55 LG CORP.: COMPANY SNAPSHOT
12.1.3 PANASONIC CORPORATION
FIGURE 56 PANASONIC CORPORATION: COMPANY SNAPSHOT
12.1.4 THE 3M COMPANY
FIGURE 57 THE 3M COMPANY: COMPANY SNAPSHOT
12.1.5 KONICA MINOLTA INC.
FIGURE 58 KONICA MINOLTA INC.: COMPANY SNAPSHOT
12.1.6 FIRST SOLAR, INC.
FIGURE 59 FIRST SOLAR, INC.: COMPANY SNAPSHOT
12.1.7 E INK HOLDINGS
FIGURE 60 E INK HOLDINGS: COMPANY SNAPSHOT
12.1.8 PRAGMATIC PRINTING LTD.
12.1.9 BLUE SPARK TECHNOLOGIES, INC.
12.1.10 BRIGHTVOLT TECHNOLOGIES
12.2 STARTUP/SME PLAYERS
12.2.1 HELIATEK GMBH
12.2.2 CYMBET CORPORATION
12.2.3 PALO ALTO RESEARCH CENTER (PARC), A XEROX COMPANY
12.2.4 OLEDWORKS
12.2.5 THIN FILM ELECTRONICS ASA
12.2.6 ROYOLE CORPORATION
12.2.7 FLEXENABLE LTD
12.2.8 ENFUCELL OY
12.2.9 AU OPTRONICS CORP.
12.2.10 IMPRINT ENERGY, INC.
*Details on Business overview, Products and services, Recent Developments, MNM view might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
According to the new market research report "Flexible Electronics & Circuit Market by Application (OLED & LCD Display, Printed Sensor, Battery, Thin-Film PV, OLED Lighting), Circuit Structure (Single-Sided, Multilayer, Double-Sided, Rigid), Vertical, and Geography - Global Forecast to 2023", The flexible electronics market is expected to grow from USD 23.92 Billion in 2018 to USD 40.37 Billion by 2023, at the CAGR of 11.0% between 2018 and 2023. Flexible electronics are formed by mounting electronic devices on a flexible/plastic substrate, such as a polyimide or transparent conductive polyester film. The development of flexible electronics has spanned the past 40 years, ranging from the development of flexible solar cell arrays to flexible OLED electronics on plastic substrates. Flexible electronic devices are easier to integrate into the end product and also tend to be lighter in weight.
Some of the major companies operating in the flexible electronics market are
- Samsung Group (Samsung Electronics and Samsung SDI) (South Korea)
- LG Group (LG Display and LG Chem) (South Korea)
- Solar Frontier (Japan)
- First Solar (US)
- Panasonic (Japan)
- Konica Minolta (Japan)
- OLEDWorks (US)
- Blue Spark Technologies (US)
- BrightVolt (US)
- Heliatek (Germany)
- Cymbet (US)
- Palo Alto Research Center (US)
- Thin Film Electronics (Norway)
- Royole Corporation (US)
- FlexEnable (UK)
- Enfucell (Finland)
The increasing adoption of flexible displays in smartphones and wearables is strongly driving market growth. The emergence of flexible batteries suitable for IoT and wearable applications is a good opportunity for market growth at the global level. Samsung Group (South Korea), LG Group (South Korea), and Solar Frontier (Japan) are some of the prominent players in the flexible electronics market.
The Flexible displays held the largest market share in 2017
Displays LCD and OLED are expected to hold the largest share of flexible electronics market during 2018-2023. The market for displays is led by industry leaders such as Samsung and LG who produce flexible OLED display panels that are largely being deployed in smartphones, smart wearables, and televisions. Leading smartphone manufacturers, such as Samsung and Apple, have adopted flexible OLED displays in their flagship smartphones. Flexible displays are also increasingly being deployed for television and digital signage applications due to their aesthetic appeal. The demand for flexible displays is expected to increase for more applications across various verticals are adopting the technology.
The automotive vertical is expected to demonstrate the fastest growth in the flexible electronics market during the forecast period
The automotive vertical is increasingly adopting flexible electronic devices as they can be easily integrated with the vehicle design allowing compact assembly. Flexible displays, OLED lighting solutions, and printed sensors are actively adopted in the automotive vertical. Flexible OLED lighting solutions are expected to be rapidly adopted for automotive applications due to their enhanced luminescence, improved power efficiency, and attractive design.
APAC region held the largest share of the flexible electronics market in 2017
APAC dominated the flexible electronics market, accounting for the largest market share in 2017. In addition, the region is likely to be the fastest-growing market for flexible electronics during the forecast period. APAC is the hub for manufacturers and customers of flexible OLED panels. In the market, Samsung and LG have been the leading companies that deploy flexible displays in smartphones and televisions. In APAC, Flexible sensors are also increasingly being used for healthcare applications. APAC has witnessed an increase in the installation of thin-film PVs in the recent years, and their deployment is expected to increase steadily in China. With Japan and India being prominent countries in the adoption of thin-film PVs, other countries in the region are also shifting toward renewable energy resources.
