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Flexible Electronics Market worth $13.23 Billion by 2020
According to a new market research report titled “Flexible Electronics Market by Components (Display, Battery, Sensor, Photovoltaic, Memory), Circuit Structure (Single-Sided, Double-Sided, Rigid) Application (Consumer Electronics, Healthcare, Automotive, Energy and Power), & by Geography - Analysis & Forecast to 2014 - 2020”, published by MarketsandMarkets, the total market is expected to reach $13.23 Billion by 2020.
Browse more than 105 data tables with 42 figures spread through 247 pages and in-depth TOC on “Flexible Electronics Market by Components (Display, Battery, Sensor, Photovoltaic, Memory), Circuit Structure (Single-Sided, Double-Sided, Rigid) Application (Consumer Electronics, Healthcare, Automotive, Energy and Power), & by Geography - Analysis & Forecast to 2014 - 2020 ”
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The development of ﬂexible electronics has spanned the past few years; ranging from the development of ﬂexible solar cell arrays to ﬂexible OLED electronics on plastic substrates. The rapid development of this ﬁeld has been spurred by consistent technological development in large-area electronics, thereby developing the areas like ﬂat-panel electronics, medical image sensors, and electronic paper. Many factors contribute to the rise of ﬂexible electronics; they are: more ruggedness, lightweight, portable, and less cost, with respect to production as compared to rigid substrate electronics. Basic electronic structure is composed of a substrate, backplane electronics, a front plane, and encapsulation. To make the structure ﬂexible, all the components must bend up to some degree without losing their function. Two basic approaches have been adopted to make ﬂexible electronics, that is; transfer and bonding of completed circuits to a ﬂexible substrate and fabrication of the circuits directly on the ﬂexible substrate.
The report segments the flexible electronics market on the basis of the different types of components, circuit structures, applications and geographies. Further, it contains revenue forecast and analyzes the trends in the market. The geographical analysis contains the in-depth classification of Americas, Europe, and APAC, which contains the major countries covering the market. Further, the Middle-East and Africa have been classified under the RoW region. Each of these geographies has been further split by the major countries existing in this market. The sections and the sub-segments in the report would contain the drivers, restraints, opportunities, and current market trends; and the technologies expected to revolutionize the flexible electronics domain.
The Global flexible electronics market is expected to reach $13.23 billion by 2020, at an estimated CAGR of 21.73%. The emerging consumer electronics market is expected to grow at a CAGR of 44.30%. North America is the biggest flexible electronics market, followed by Europe and APAC.
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