At 7.6% CAGR, Global Flexible Electronic Market Products & Application | 2021 - 2028 | to Massive Growth up to US$ 47.2 Billion By 2028: Industry Size, Trends, Forecast Report by Reports and Insights

The report is titled as ‘Flexible Electronic Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the flexible electronic market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Flexible electronic market is expected to grow with significant rate in the near future.

The global flexible electronic market in 2020 is estimated for more than US$ 26.3 Bn and expected to reach a value of US$ 47.2 Bn by 2028 with a significant CAGR of 7.6%.

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Flexible Electronic Introduction

Basically, the flexible electronics which is also acknowledged as flex circuits is a technology for bringing together electronic circuits by affixing electronic gadgets on flexible plastic substrates. Originally, the substrates are formed of polyether ether ketone or PEEK, and polyimide.

Noticeably, flexible electronics have a great and long history and in the 1960s, the first flexible gadget was developed by refined crystalline silicon solar cells to be employed in extraterrestrial satellites. In the world of today, flexible electronics have applications in various small and big things around us. The smart credit cards consist of the flexile microchips that are formed using stretchable silicon.

Therefore, it can be said that the flexible electronics have gained enormous popularity and demand in the market worldwide and serve its utility in numerous industries across the globe, owing to which, the global flexible electronics market is projected to rise exponentially in the coming years.

Flexible Electronic Market Key Players

Some of the key participating players in global flexible electronic market are:

LG Corporation

Samsung Electronics

PARC, Inc.

Cymbet Corporation

Solar Frontier

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Flexible Electronic Market Segmentation

The flexible electronic market is segmented on the basis of component, application, and region.

By Component

•  Flexible Display

o    OLED

o    E-Paper

o    LCD

•  Flexible Battery
•  Flexible Sensor

o    Bio Sensors

o    CMOS Hybrid Sensors

o    Photo Detectors

o    Piezo Resistive

o    Others

•  Flexible Memory

o    Photovoltaics

o    Others

By Application

•  Consumer Electronics
•  Automotive
•  Medical and Healthcare
•  Energy and Power
•  Defense & Aerospace
•  Sensing
•  Others

By Region

•  North America
•  Latin America
•  Europe
•  Asia Pacific
•  Middle East
•  Africa

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