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Flexible Electronics Market: Key Revenue Pockets
Flexible electronics is an assembling technology for electronic circuits, which is formed by mounting electronic devices on flexible plastic substrate like polyamide, or transparent conductive polyester film. In this technology, Flexible Printed Circuits (FPC) is made out of photolithographic technology. Flexible electronics unite graphics arts printing and microelectronics, thereby enabling machines to actually print circuits on the top of plastic materials; same as an inkjet printer, which sprays ink on paper.
Flexible electronics market report covers all the aspects of flexible or bendable electronics in terms of structure, target applications, components used and geographic analysis. Flexible electronics market has been segmented based on applications, component and geography. It covers flexible electronics, flexible batteries, memories, sensors and photovoltaic. It also covers consumer electronics, automotive, healthcare, defense and aerospace, and energy and power sector.
The key revenue pocket for the industrywill be the consumer electronics market. This is mainly because of the use of s technologiesin smart phones, televisions, wearable devices, and other consumer electronics products. The major players in this segment are Samsung Electronics Co. Ltd. (South Korea), LG Corporation (South Korea), SONY Corporation (Japan), and Apple Inc. (U.S.).
Taking into consideration future growth in this segment Samsung Electronics Co. Ltd. (South Korea) had launched world’s first curved display smart phone Samsung Galaxy Round, the company had also launched new range of curved display UHD TVs into the market. The LG Corporation (South Korea) is also in the league for entering into this market, the company had also launched its range of curved display UHD TVs, curved display smart phone LG Flex, and a wearable device LG LifeBand making a mark into flexible electronics segment.
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 APAC and Europe.
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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