Flexible electronics has witnessed significant growth in the last few years, ranging from the widespread application in exible solar cell arrays and exible OLED electronics which are fabricated on plastic substrate. Their demand is spurred by consistent technological development in large-area electronics. The Flexible Electronics is a segment of electronics in which the integrated circuits are built on substrate such as plastic & metal which can be folded, twisted, wrapped, or even rolled without affecting its function. The flexible electronic devices have started penetrating in different applications in the sectors such as consumer electronics, medical and healthcare, and power and energy, automotive and defense.
Distinctive features of flexible handling capability along with less assembly costs are factors that drive the growth of the flexible electronics market. Growing applications of flexible electronics in consumer goods industry is another factor that drive the growth of the market. The competition faced by alternate technologies such as LCD, Led and Printed Electronics is a key restraining factor that will hamper the growth of the market. Furthermore, tedious & time consuming manufacturing processes is also a key restraining factor. High penetration of flexible electronics in multiple applications such as military, digital signage & energy harvesting applications are the factors that will offer ample growth opportunities in the market.
The report segments the flexible electronics market on the basis of components, circuit structure, applications & geography. On the basis of components, the market is segmented into flexible displays, flexible battery, flexible sensors, flexible memory, photovoltaics and others. The flexible display is further segmented into OLED, E-Paper and LCD. The flexible battery is further segmented into thin film batteries by rechargeability. The flexible memory is further segmented into Flexible Sensor, Bio Sensors, CMOS Hybrid Sensors, Photo Detectors, Piezo Resistive and Others. On the basis of applications, the market is segmented into consumer electronics, automotive, medical and healthcare, energy and power, defense & aerospace, sensing and others. On the basis of geography, the market is segmented into North America, Europe, APAC, and ROW.
Key market players profiled in the report include Samsung Electronics, Solar Frontier, PARC, Inc., LG Corporation, Cymbet Corporation, among few others.
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