Flexible Electronics Market By Components (Display, Battery, Sensors, Memory), By Application (Consumer Electronics, Automotive, Healthcare, Industrial) And Segment Forecast To 2024
The global flexible electronics market was USD 20,850.0 million in 2015, which is estimated to reach USD 87,210.0 million by 2024, according to a new report by Grand View Research, Inc. Escalating demand for compact and light-weight electronic devices is anticipated to fuel growth over the forecast period. Flexible batteries, displays, memories are a few products realized with the adoption of this technology. The technology provides ample opportunities in the area of smart textiles, which is the future of wearable’s. Government support in the form of funding that lends a helping hand to several research projects in this field is also anticipated to impact the industry growth positively.
Healthy demand for smart glasses, e-books, smartphones, smart watches, and e-papers is expected to catapult market growth over the next eight years. The technology facilitates electronic systems to be stretched, rolled, and flexed, minimizing design issues associated while developing compact, portable and miniature devices. The style and functionality of wearable devices is anticipated to witness a transition over the next eight years with companies such as Samsung, Apple, Nike and Google investing heavily in this segment, thereby providing avenues for discovering novel applications incorporating this technology.
Further key findings from the report suggest:
The consumer electronics segment accounted for over 55% of the overall revenue in 2015. The year 2014 witnessed the onset of new curved televisions, smartphones, and other electronic devices; a trend that gained traction in 2015, and is expected to impact the flexible electronics demand favorably from 2016 to 2024 owing to high penetration in the wearable’s segment
The display segment is projected to grow at a CAGR exceeding 16% over the forecast period. It is primarily attributed to the ability of these products to curve, roll, flex, conform and fold, enabling a new intuitive user interface. Further, companies are progressing towards the use of plastic displays as an alternative to glass displays, which provides opportunity for future growth
Wearable devices segment accounted for over 40% of the overall revenue in 2015 and is expected to witness a healthy demand over the forecast period. This increase is primarily ascribed to upsurge in demand for fitness or activity trackers as these products are well-positioned in the market with a promise of tracking productivity, physical activity, heart rate, sleep, etc. that intrigues customers
Asia Pacific flexible electronics market accounted for over 20% of the overall revenue share in 2015. Research capabilities and aggressive investments by major industry players such as LG and Samsung Electronics in anticipated to drive regional growth over the forecast period
Prominent industry participants include 3M, E Ink Holdings Inc., GE Measurement & Control Solutions, ITN Energy Systems Inc., LG, PARC, Samsung, and Thinfilm Electronics ASA. Strategic alliances among the major stakeholders such as material manufacturers, academia, and device integrators is anticipated to strengthen the existing technology know-how while driving drive efforts to explore new application areas
Healthy demand for smart glasses, e-books, smartphones, smart watches, and e-papers is expected to catapult market growth over the next eight years. The technology facilitates electronic systems to be stretched, rolled, and flexed, minimizing design issues associated while developing compact, portable and miniature devices. The style and functionality of wearable devices is anticipated to witness a transition over the next eight years with companies such as Samsung, Apple, Nike and Google investing heavily in this segment, thereby providing avenues for discovering novel applications incorporating this technology.
Further key findings from the report suggest:
The consumer electronics segment accounted for over 55% of the overall revenue in 2015. The year 2014 witnessed the onset of new curved televisions, smartphones, and other electronic devices; a trend that gained traction in 2015, and is expected to impact the flexible electronics demand favorably from 2016 to 2024 owing to high penetration in the wearable’s segment
The display segment is projected to grow at a CAGR exceeding 16% over the forecast period. It is primarily attributed to the ability of these products to curve, roll, flex, conform and fold, enabling a new intuitive user interface. Further, companies are progressing towards the use of plastic displays as an alternative to glass displays, which provides opportunity for future growth
Wearable devices segment accounted for over 40% of the overall revenue in 2015 and is expected to witness a healthy demand over the forecast period. This increase is primarily ascribed to upsurge in demand for fitness or activity trackers as these products are well-positioned in the market with a promise of tracking productivity, physical activity, heart rate, sleep, etc. that intrigues customers
Asia Pacific flexible electronics market accounted for over 20% of the overall revenue share in 2015. Research capabilities and aggressive investments by major industry players such as LG and Samsung Electronics in anticipated to drive regional growth over the forecast period
Prominent industry participants include 3M, E Ink Holdings Inc., GE Measurement & Control Solutions, ITN Energy Systems Inc., LG, PARC, Samsung, and Thinfilm Electronics ASA. Strategic alliances among the major stakeholders such as material manufacturers, academia, and device integrators is anticipated to strengthen the existing technology know-how while driving drive efforts to explore new application areas
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Flexible electronics - Industry snapshot &key buying criteria, 2013 - 2024
CHAPTER 3. FLEXIBLE ELECTRONICS INDUSTRY OUTLOOK
3.1. Flexible electronics market segmentation
3.2. Flexible electronics market size and growth prospects
3.3. Flexible electronics value chain analysis
3.3.1. Vendor landscape
3.3.2. Raw material outlook
3.4. Flexible electronics market dynamics
3.4.1. Market driver analysis
3.4.1.1. Growing demand for compact& energy efficient electronics
3.4.1.2. Healthy demand for consumer electronics
3.4.2. Market restraint analysis
3.4.2.1. Encapsulation
3.5. Key opportunities prioritized
3.6. Industry analysis - Porter's
3.7. Flexible electronics industry company market share, 2015
3.8. Flexible electronics market PESTEL Analysis, 2015
3.9. Technology landscape
3.10. Application landscape
CHAPTER 4. FLEXIBLE ELECTRONICS COMPONENT OUTLOOK
4.1. Flexible electronics market share by component, 2015 & 2024
4.2. Display
4.2.1. Market estimates and forecasts, by region, 2013 - 2024
4.3. Battery
4.3.1. Market estimates and forecasts, by region, 2013 - 2024
4.4. Sensors
4.4.1. Market estimates and forecasts, by region, 2013 - 2024
4.5. Memory
4.5.1. Market estimates and forecasts, by region, 2013 - 2024
4.6. Others
4.6.1. Market estimates and forecasts, by region, 2013 - 2024
CHAPTER 5. FLEXIBLE ELECTRONICS APPLICATION OUTLOOK
5.1. Flexible electronics market share by application, 2015 & 2024
5.2. Consumer electronics
5.2.1. Market estimates and forecasts, by region, 2013 - 2024
5.2.2. Television
5.2.2.1. Market estimates and forecasts, by region, 2013 - 2024
5.2.3. Wearable devices
5.2.3.1. Market estimates and forecasts, by region, 2013 - 2024
5.2.4. Smartphones
5.2.4.1. Market estimates and forecasts, by region, 2013 - 2024
5.2.5. Others
5.2.5.1. Market estimates and forecasts, by region, 2013 - 2024
5.3. Automotive
5.3.1. Market estimates and forecasts, by region, 2013 - 2024
5.4. Healthcare
5.4.1. Market estimates and forecasts, by region, 2013 - 2024
5.5. Industrial
5.5.1. Market estimates and forecasts, by region, 2013 - 2024
5.6. Others
5.6.1. Market estimates and forecasts, by region, 2013 - 2024
CHAPTER 6. FLEXIBLE ELECTRONICS REGIONAL OUTLOOK
6.1. Flexible electronics market share by region, 2015 & 2024
6.2. North America
6.2.1. Market estimates and forecast by component, 2013 - 2024
6.2.2. Market estimates and forecast by application, 2013 - 2024
6.2.3. U.S.
6.2.3.1. Market estimates and forecast by component, 2013 - 2024
6.2.3.2. Market estimates and forecast by application, 2013 - 2024
6.2.4. Canada
6.2.4.1. Market estimates and forecast by component, 2013 - 2024
6.2.4.2. Market estimates and forecast by application, 2013 - 2024
6.3. Europe
6.3.1. Market estimates and forecast by component, 2013 - 2024
6.3.2. Market estimates and forecast by application, 2013 - 2024
6.3.3. Germany
6.3.3.1. Market estimates and forecast by component, 2013 - 2024
6.3.3.2. Market estimates and forecast by application, 2013 - 2024
6.3.4. UK
6.3.4.1. Market estimates and forecast by component, 2013 - 2024
6.3.4.2. Market estimates and forecast by application, 2013 - 2024
6.4. Asia Pacific
6.4.1. Market estimates and forecast by component, 2013 - 2024
6.4.2. Market estimates and forecast by application, 2013 - 2024
6.4.3. China
6.4.3.1. Market estimates and forecast by component, 2013 - 2024
6.4.3.2. Market estimates and forecast by application, 2013 - 2024
6.4.4. India
6.4.4.1. Market estimates and forecast by component, 2013 - 2024
6.4.4.2. Market estimates and forecast by application, 2013 - 2024
6.4.5. Japan
6.4.5.1. Market estimates and forecast by component, 2013 - 2024
6.4.5.2. Market estimates and forecast by application, 2013 - 2024
6.4.6. Korea
6.4.6.1. Market estimates and forecast by component, 2013 - 2024
6.4.6.2. Market estimates and forecast by application, 2013 - 2024
6.4.7. Taiwan
6.4.7.1. Market estimates and forecast by component, 2013 - 2024
6.4.7.2. Market estimates and forecast by application, 2013 - 2024
6.5. Latin America
6.5.1. Market estimates and forecast by component, 2013 - 2024
6.5.2. Market estimates and forecast by application, 2013 - 2024
6.5.3. Brazil
6.5.3.1. Market estimates and forecast by component, 2013 - 2024
6.5.3.2. Market estimates and forecast by application, 2013 - 2024
6.5.4. Mexico
6.5.4.1. Market estimates and forecast by component, 2013 - 2024
6.5.4.2. Market estimates and forecast by application, 2013 - 2024
6.6. Middle East & Africa
6.6.1. Market estimates and forecast by component, 2013 - 2024
6.6.2. Market estimates and forecast by application, 2013 - 2024
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. 3M
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. Cymbet Corporation, Inc
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. E Ink Holdings Inc.
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. First Solar
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. Front Edge Technologies
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. GE Measurement & Control Solutions
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. ITN Energy Systems Inc.
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. LG Electronics
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. Multi-Fineline Electronix, Inc.
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Strategic Initiatives
7.10. PARC
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives
7.11. Pragmatic Printing Ltd.
7.11.1. Company Overview
7.11.2. Financial Performance
7.11.3. Product Benchmarking
7.11.4. Strategic Initiatives
7.12. Samsung Electronics
7.12.1. Company Overview
7.12.2. Financial Performance
7.12.3. Product Benchmarking
7.12.4. Strategic Initiatives
7.13. Solar Frontier K.K.
7.13.1. Company Overview
7.13.2. Financial Performance
7.13.3. Product Benchmarking
7.13.4. Strategic Initiatives
7.14. Thinfilm Electronics ASA
7.14.1. Company Overview
7.14.2. Financial Performance
7.14.3. Product Benchmarking
7.14.4. Strategic Initiatives
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Flexible electronics - Industry snapshot &key buying criteria, 2013 - 2024
CHAPTER 3. FLEXIBLE ELECTRONICS INDUSTRY OUTLOOK
3.1. Flexible electronics market segmentation
3.2. Flexible electronics market size and growth prospects
3.3. Flexible electronics value chain analysis
3.3.1. Vendor landscape
3.3.2. Raw material outlook
3.4. Flexible electronics market dynamics
3.4.1. Market driver analysis
3.4.1.1. Growing demand for compact& energy efficient electronics
3.4.1.2. Healthy demand for consumer electronics
3.4.2. Market restraint analysis
3.4.2.1. Encapsulation
3.5. Key opportunities prioritized
3.6. Industry analysis - Porter's
3.7. Flexible electronics industry company market share, 2015
3.8. Flexible electronics market PESTEL Analysis, 2015
3.9. Technology landscape
3.10. Application landscape
CHAPTER 4. FLEXIBLE ELECTRONICS COMPONENT OUTLOOK
4.1. Flexible electronics market share by component, 2015 & 2024
4.2. Display
4.2.1. Market estimates and forecasts, by region, 2013 - 2024
4.3. Battery
4.3.1. Market estimates and forecasts, by region, 2013 - 2024
4.4. Sensors
4.4.1. Market estimates and forecasts, by region, 2013 - 2024
4.5. Memory
4.5.1. Market estimates and forecasts, by region, 2013 - 2024
4.6. Others
4.6.1. Market estimates and forecasts, by region, 2013 - 2024
CHAPTER 5. FLEXIBLE ELECTRONICS APPLICATION OUTLOOK
5.1. Flexible electronics market share by application, 2015 & 2024
5.2. Consumer electronics
5.2.1. Market estimates and forecasts, by region, 2013 - 2024
5.2.2. Television
5.2.2.1. Market estimates and forecasts, by region, 2013 - 2024
5.2.3. Wearable devices
5.2.3.1. Market estimates and forecasts, by region, 2013 - 2024
5.2.4. Smartphones
5.2.4.1. Market estimates and forecasts, by region, 2013 - 2024
5.2.5. Others
5.2.5.1. Market estimates and forecasts, by region, 2013 - 2024
5.3. Automotive
5.3.1. Market estimates and forecasts, by region, 2013 - 2024
5.4. Healthcare
5.4.1. Market estimates and forecasts, by region, 2013 - 2024
5.5. Industrial
5.5.1. Market estimates and forecasts, by region, 2013 - 2024
5.6. Others
5.6.1. Market estimates and forecasts, by region, 2013 - 2024
CHAPTER 6. FLEXIBLE ELECTRONICS REGIONAL OUTLOOK
6.1. Flexible electronics market share by region, 2015 & 2024
6.2. North America
6.2.1. Market estimates and forecast by component, 2013 - 2024
6.2.2. Market estimates and forecast by application, 2013 - 2024
6.2.3. U.S.
6.2.3.1. Market estimates and forecast by component, 2013 - 2024
6.2.3.2. Market estimates and forecast by application, 2013 - 2024
6.2.4. Canada
6.2.4.1. Market estimates and forecast by component, 2013 - 2024
6.2.4.2. Market estimates and forecast by application, 2013 - 2024
6.3. Europe
6.3.1. Market estimates and forecast by component, 2013 - 2024
6.3.2. Market estimates and forecast by application, 2013 - 2024
6.3.3. Germany
6.3.3.1. Market estimates and forecast by component, 2013 - 2024
6.3.3.2. Market estimates and forecast by application, 2013 - 2024
6.3.4. UK
6.3.4.1. Market estimates and forecast by component, 2013 - 2024
6.3.4.2. Market estimates and forecast by application, 2013 - 2024
6.4. Asia Pacific
6.4.1. Market estimates and forecast by component, 2013 - 2024
6.4.2. Market estimates and forecast by application, 2013 - 2024
6.4.3. China
6.4.3.1. Market estimates and forecast by component, 2013 - 2024
6.4.3.2. Market estimates and forecast by application, 2013 - 2024
6.4.4. India
6.4.4.1. Market estimates and forecast by component, 2013 - 2024
6.4.4.2. Market estimates and forecast by application, 2013 - 2024
6.4.5. Japan
6.4.5.1. Market estimates and forecast by component, 2013 - 2024
6.4.5.2. Market estimates and forecast by application, 2013 - 2024
6.4.6. Korea
6.4.6.1. Market estimates and forecast by component, 2013 - 2024
6.4.6.2. Market estimates and forecast by application, 2013 - 2024
6.4.7. Taiwan
6.4.7.1. Market estimates and forecast by component, 2013 - 2024
6.4.7.2. Market estimates and forecast by application, 2013 - 2024
6.5. Latin America
6.5.1. Market estimates and forecast by component, 2013 - 2024
6.5.2. Market estimates and forecast by application, 2013 - 2024
6.5.3. Brazil
6.5.3.1. Market estimates and forecast by component, 2013 - 2024
6.5.3.2. Market estimates and forecast by application, 2013 - 2024
6.5.4. Mexico
6.5.4.1. Market estimates and forecast by component, 2013 - 2024
6.5.4.2. Market estimates and forecast by application, 2013 - 2024
6.6. Middle East & Africa
6.6.1. Market estimates and forecast by component, 2013 - 2024
6.6.2. Market estimates and forecast by application, 2013 - 2024
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. 3M
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. Cymbet Corporation, Inc
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. E Ink Holdings Inc.
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. First Solar
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. Front Edge Technologies
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. GE Measurement & Control Solutions
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. ITN Energy Systems Inc.
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. LG Electronics
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. Multi-Fineline Electronix, Inc.
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Strategic Initiatives
7.10. PARC
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives
7.11. Pragmatic Printing Ltd.
7.11.1. Company Overview
7.11.2. Financial Performance
7.11.3. Product Benchmarking
7.11.4. Strategic Initiatives
7.12. Samsung Electronics
7.12.1. Company Overview
7.12.2. Financial Performance
7.12.3. Product Benchmarking
7.12.4. Strategic Initiatives
7.13. Solar Frontier K.K.
7.13.1. Company Overview
7.13.2. Financial Performance
7.13.3. Product Benchmarking
7.13.4. Strategic Initiatives
7.14. Thinfilm Electronics ASA
7.14.1. Company Overview
7.14.2. Financial Performance
7.14.3. Product Benchmarking
7.14.4. Strategic Initiatives