What is the present valuation and projected CAGR of the flexible electronics and circuit market?
The flexible electronics and circuit market size has grown rapidly in recent years. It will grow from $34.02 billion in 2024 to $37.6 billion in 2025 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to demand for foldable displays, the emergence of flexible sensors, the shift towards 5g networks, the adoption of flexible printed circuit boards, and environmental concerns.
The flexible electronics and circuit market size is expected to see rapid growth in the next few years. It will grow to $55.38 billion in 2029 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to supply chain resilience and localization, government initiatives and regulations, expansion of the aerospace and defense sector, increased investment in research and development, miniaturization of electronic devices. Major trends in the forecast period include advancements in printed electronics, rapid growth in internet of things (IoT) applications, advancements in flexible display technologies, technological convergence, advancements in flexible sensor technology.
Get Your Free Sample of The Global Flexible Electronics And Circuit Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15376&type=smp
How has the flexible electronics and circuit market evolved, and what factors have shaped its growth?
The rising demand for consumer electronic devices is expected to propel the growth of the flexible electronics and circuit market going forward. Consumer electronic devices are gadgets and equipment designed for personal use, such as smartphones, laptops, tablets, and smartwatches, aimed at entertainment, communication, or productivity. The increasing integration of technology into daily life, coupled with advancements such as IoT and AI, drives a growing demand for consumer electronic devices. Flexible electronics and circuits are increasingly integrated into consumer electronic devices, enabling sleeker designs, enhanced portability, and improved durability by accommodating bending and stretching without compromising performance or functionality. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total electronic equipment production in Japan reached $4919 million (¥771,457 million). In addition, consumer electronics production reached $204.67 million (¥32,099 million) in May 2023, compared to $161.12 million (¥25,268 million) in May 2022. Therefore, the rising demand for consumer electronic devices is driving the growth of the flexible electronics and circuit market.
What are the major segments of the flexible electronics and circuit market?
The flexible electronics and circuit market covered in this report is segmented –
1) By Type: Organic Light-Emitting Diode (OLED) And Liquid Crystal Display (LCD) Display, Printed Sensor, Battery, Thin-Film Photovoltaics, Organic Light-Emitting Diode Lighting
2) By Flexible Electronics: Flexible Displays, Flexible Circuit
3) By Application: Single-Sided, Multilayer, Double-Sided, Rigid
4) By Vertical: Military, Defense And Aerospace, Automotive, Consumer Electronics, Industrial, Healthcare And Medical, Energy And Power, Other Verticals
Subsegments:
1) By Organic Light-Emitting Diode (OLED) And Liquid Crystal Display (LCD) Display: OLED Display, Flexible OLED Display, AMOLED (Active Matrix OLED), PMOLED (Passive Matrix OLED), LCD Display, Flexible LCD Display
2) By Printed Sensor: Pressure Sensors, Temperature Sensors, Flexible Capacitive Sensors, Chemical Sensors, Biosensors, Gas Sensors
3) By Battery: Flexible Lithium-Ion Batteries, Flexible Supercapacitors, Printed Batteries, Organic Batteries
4) By Thin-Film Photovoltaics: Organic Photovoltaic Cells (OPVs), Perovskite Solar Cells, Copper Indium Gallium Selenide (CIGS) Solar Cells, Amorphous Silicon (a-Si) Solar Cells
5) By Organic Light-Emitting Diode Lighting: OLED Light Panels, Flexible OLED Lighting, Transparent OLED Lighting, OLED Lamps And Fixtures
Order your report now for swift delivery
Which companies dominate the flexible electronics and circuit market?
Major companies operating in the flexible electronics and circuit market are Samsung Electronics Co Ltd., Panasonic Corporation, Jabil Inc., Flex Ltd., BOE Technology Group Co Ltd., LG Display Co Ltd., TDK Corporation, DuPont de Nemours Inc., Toppan Printing Co Ltd., AU Optronics Corporation, Konica Minolta Inc., Japan Display Inc., Royole Corporation, PragmatIC Semiconductor Ltd., CLEARink Displays Inc., Blue Spark Technologies Inc., Plastic Logic Limited, XENON Corporation, Ynvisible Interactive Inc., BeBop Sensors Inc., C3Nano Inc., MC10 Inc., Polyera Corporation, Imprint Energy Inc.
How will evolving trends contribute to the growth of the flexible electronics and circuit market?
Major companies operating in the flexible electronics and circuit market are focusing on developing advanced flexible circuit production processes to drive revenue growth. Advanced flexible circuit production processes refer to manufacturing techniques that produce flexible printed circuit boards (PCBs) with complex designs, high reliability, and superior performance characteristics. For instance, in April 2024, Ennovi, a Singapore-based provider of mobility electrification solutions, launched a novel Flexible Cut Circuit (FDC) technology designed for manufacturing flexible circuits used in low-voltage signal applications for electric vehicle (EV) battery cell contact systems. This pioneering method provides a more economical and environmentally sustainable alternative to conventional flexible printed circuits (FPCs). The FDC technology streamlines the manufacturing process, enabling faster continuous production and immediate copper recycling, enhancing its eco-friendliness and efficiency.
What are the key regional dynamics of the flexible electronics and circuit market, and which region leads in market share?
North America was the largest region in the flexible electronics and circuit market in 2024. The regions covered in the flexible electronics and circuit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Flexible Electronics And Circuit Market Report 2025 Offer?
The flexible electronics and circuit market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Flexible electronics and circuits refer to electronic devices and circuits that can bend, stretch, or conform to various shapes without compromising their functionality. These technologies utilize flexible substrates and materials, such as plastics or polymers, enabling applications in wearable devices, medical implants, foldable displays, and flexible sensors.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15376
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model