Flexible Electronics – Flexible Display With Low Manufacturing Costs Is Inevitable In Future
The
flexible electronics industry draws on various sectors such as
flexible displays, polymers, advanced materials, and so on. Progress
in each of these applications presents new opportunities for the
growth and expansion of the flexible electronics market. The need for
flexible electronic devices is increasingly felt in applications such
as: military, medical, industrial, consumer markets, and advanced
energy.
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The
flexible electronics industry is characterized by an intensifying
demand for electronic products that are more compact, light-weight,
rugged, and consume less power. The key features of flexible
electronics meet most of the aforementioned requirements. Flexible
electronics have relatively low manufacturing costs, can be
integrated into a number of industrial, consumer and military
applications, have a flexible structure, and are more resistant to
shock.
According
to market experts, the global flexible electronics market will touch
USD 250 billion by 2025, and will register growth in double digits
through this period.
Flexible
electronics have rapidly penetrated the consumer electronics market
in the form of e-books and e-papers, smartphones, wearable devices,
displays and signage, batteries, sensors, as well as other military
applications, where the potential for research and development is
virtually unending. The market, which is still considered to be in a
phase of emergence, will gather pace by 2017, and will demonstrate
rapid growth thereafter. The consumer electronics market will witness
great strides with the advent of flexible electronics, with popular
products such as smartphones, televisions, and tablets undergoing
transformation.
Market
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The
report segments the flexible electronics market as: logic and memory,
sensors and other electronic components, displays, lighting, and
power (photovoltaics and batteries).Leading market participants in
the flexible electronics industry featured in this market research
report are: Asahi Kasei, ACREO, Asahi Glass, Cambrios, BASF, and
DaiNippon Printing.
This
research report on the flexible electronics market takes into account
current technological and regulatory developments that could either
propel or restrain growth in this market. We use Porter’s five
forces analysis to establish the future market standing of both
buyers and suppliers.The report also profiles top entities in the
market, their future growth prospects, recent developments, and
product portfolio. Data is presented in the form of both qualitative
analyses and pithy tables and charts.
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