Flexible Electronics Market Segmentation:
Technology Segment Analysis
The global flexible electronics market is segmented and analyzed for demand and supply by technology into stretchable circuits, stretchable batteries, stretchable displays, and others. Out of these segments, the stretchable displays segment is anticipated to garner the largest market share over the forecast period, owing to the rising adoption of stretchable displays amongst electronic device manufacturers. Stretchable displays allow manufacturers to create a wide range of electronic products ranging from smartphone screens to television displays. As per recent data, global OLED panel production for television displays reached around 17 million square meters in 2022, up from 10 million square meters in 2021. Such a factor is therefore estimated to fuel the segment growth in the coming years. Stretchable displays can be folded, elongated, and twisted, unlike solid displays. This display can be attached to the skin. The display is made of silicon and polyurethane materials which is the same material used in the making of contact lenses.
Application Segment Analysis
The global flexible electronics market is also segmented and analyzed for demand and supply by application into smartphone & tablet, smartwatches & wearables, television & digital signage systems, pc monitors & laptops, electronic shelf labels, vehicles & public transports, and others. Amongst these segments, the smartwatches & wearables segment is expected to garner a significant share. Smartwatches and wearables are highly used regarding physical fitness and health tracking. Many people use smartwatches to track their physical activity, glucose levels, and blood pressure. Stretchable electronics such as smartwatch and wearable can monitor many symptoms of the body. These devices can read the temperature, pH level, humidity, glucose, and stress levels of a person wearing them. Many pharmaceutical companies have discovered insulin-tracking flexible electronics that can be worn by patients to continuously monitor glucose levels. Instead of pricking fingers for blood glucose detection, the needle inside these devices helps to track insulin levels without blood collection. It is estimated that more than 20% of Americans used smartwatches to track fitness.
Our in-depth analysis of the global market includes the following segments:
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By Technology |
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By Substrate Material |
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By Application |
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