Advanced electronic devices that can be folded and bended without getting damaged also known as flexible electronics. Flexible electronic devices are ultrathin, lightweight, compact, power-efficient, and have low heat emissions.
In recent time, flexible electronics are finding applications in a number of sectors such as consumer electronics, healthcare, industrial, and military and defense.
The flexible displays segment dominated the market. The increasing adoption of mobile electronic devices such as smartphones and tablet computers, the introduction of TVs integrated with advanced display systems, and the growing adoption of wearable devices like smartwatches and will propel the demand for this market segment in the coming years.
Analysts estimate that in terms of geography, APAC will account for a major share of almost 63% of the total share of the market and will also dominate the flexible electronics market throughout the forecast period. This region is a hub for flat panel TV manufacturers, smartphone manufacturers, tablet manufacturers, and wearable device manufacturers who are mainly established in countries such as South Korea, Japan, Taiwan, and China. Due to the availability of abundant resources, proximity to customer locations, increased demand in the domestic market, and the availability of low-cost labor, China is emerging as a major hub for large area display manufacturers. Also, the increasing demand from the major developing countries in the region such as China and India will also aid in the market’s growth in this region.
Key companies profiled in Flexible Electronics Market report are LG Display, Samsung Display, Solicore, Planar Energy Devices, AU Optronics and more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
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