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Flexible Electronics Market – Market Leaders
Flexible electronics is the mounting of electronic devices on flexible plastic substrate like polyamide, or transparent conductive polyester film. It is broadly classified into various components such as: flexible displays, flexible batteries, flexible sensors, Photovoltaics, logic and memory, and others.
Key players in the flexible display marketare Samsung Display (South Korea), PARC (U.S.), and LG Display Co. Ltd. (South Korea)
Samsung Electronics Co., Ltd. (South Korea) and LG Corporation (South Korea) together accounted for more than 55% share of the flexible consumer electronics market. Revenue generation by these two companiesis majorly fueled by a stable growth of consumer electronics segment.
In addition to this, companies like PARC (U.S.) solely focus on R&D activities in the field of printed and flexible electronics, whereas First Solar (U.S.) specially focuses on manufacturing of photovoltaic (PV) solar cells.
The flexible electronics market is expected to grow at a CAGR of 21.73% in the coming future. These technologies are expected to be used extensively in various modern applications such as;consumer electronics, automobile, healthcare, energy and power, and others. In addition to this, large chunk of revenue is expected to generate from consumer electronics application segment, especially from flexible displays.
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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