Continuous technological development to create lucrative opportunities in Flexible Electronics & Circuit Market

"Flexible Electronics & Circuit Market with COVID-19 Impact Analysis by Structure Type (Single Sided Flex Circuit, Multilayer Flex Circuit), Application (Displays, Printed Sensors), Vertical (Consumer Electronics), and Geography - Global Forecast to 2026"

Request Report Sample@ Request Report Sample@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=50634885

Opportunity: Continuous technological development to create lucrative opportunities

Major companies in the industry are investing heavily in R&D to continuously develop their products. For instance, Samsung achieved 305Gbps on its 5G SA core, in collaboration with Intel. The company expects to launch 5G services more swiftly and cost-effectively through its highly flexible and scalable design. In 2020, Apple Inc. was granted a patent for a foldable device with a hinge mechanism that utilizes movable flaps to help prevent the display from being creased or damaged when folded.

Through these developments major companies are encouraging and challenging each other to exploit the benefits of flexible technology. The continuous technological development in the flexible electronics industry is expected to create lucrative opportunities for players in the flexible electronics & circuit market.

Challenge: Difficult repair and rework

Repairing and reworking flexible electronics is a very challenging process. The types of damage to flexible electronics can include ripped or cut flex material, heat damaged/lifted pads and damaged conductors. Highly skilled persons are required to repair such damage. In some instances, the whole circuit can be damaged in the repair process. Rework on the same flex circuit is a challenging job as the circuits are very thin and complex and require high precision machinery. A flexible circuit first needs to be cleaned of all the components present and all the conductor material to prevent any short-circuiting situations.

By vertical, automotive is projected to grow at highest CAGR during forecast period

The automotive vertical is expected to record the highest CAGR during the forecast period. This growth can be attributed to the deployment of flexible displays (LCD and OLED) and OLED lighting panels in vehicles. The demand for flexible lighting is expected to increase globally among prominent automotive manufacturers such as Ford, General Motors, Nissan, Toyota, BMW, and Audi. The LG and Hyundai collaboration for flexible displays in electric vehicles will also significantly contribute towards market growth.

By region, APAC Flexible electronics & circuit market estimated to grow at highest CAGR throughout the forecast period

APAC held the largest share of the overall flexible electronics market, based on region, in 2020. The growth of the market can be attributed to the presence of leading players from the flexible electronics ecosystem such as Samsung Group, LG Corp., Panasonic Corporation, and Konica Minolta Inc. These players have captured a major share of the flexible electronics market, thereby contributing significantly to the growth of the market in APAC. The flexible electronics market in North America is projected to record the highest CAGR from 2021 to 2026, largely due to the increasing establishment of high-technology industries of flexible electronics for military use. A number of US states that are at the forefront of innovation have established research centers for flexible and printed electronics.

Samsung Group (South Korea), LG Corp. (South Korea), Panasonic Corporation (Japan), The 3M Company (US), Konica Minolta Inc. (Japan), First Solar, Inc. (US), E Ink Holdings (Taiwan), PragmatIC Printing Ltd. (UK), Blue Spark Technologies, Inc. (US), and BrightVolt Technologies (US), are some of the key players in the flexible electronics & circuit market.

Don’t miss out on business opportunities in Flexible Electronics & Circuit Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

Cards you may also be interested in
Cargo Bandung Celagen (0816267079)
bandungexpress
2
1
0
From Where To Buy Cigarette Boxes Online?
cigaretteboxes1
3
0
0
Medical Device Sterilization Market Growth, Trends And Forecast including covid19 Impact | Cantel Medical., Cardinal Health, STEELCO S.p.A., Merck KGaA, E-BEAM Services, Inc
jameshorton
1
0
0
Global Electrolytic Manganese Market Insights Report 2021, Trends & Opportunities to 2027|Xiangtan Electrochemical Scientific, Erachem Comilog, Tosoh, Delta Emd, Cegasa, etc
angelamarket
1
0
0
Cổng, cửa, cầu thang, lan can nhôm đúc Long An sang trọng, hiện đại
nhoducnamphong
3
0
0
Light Business Jet Market Size 2021 Demand, Global Trend, News, Business Growth, Top Key Players Bombardier, Embraer, Textron Aviation, Honda Aircraft Company, Cirrus Aircraft, etc
jonasnielson
1
0
0
Office furniture in various designs
jecamsinc
2
0
0
7 Stuff You Need To Know About Uber Clone For Successful Online Taxi Business
william786
1
0
0
Electrothermal Film Market 2021: Potential growth, attractive valuation make it is a long-term investment | Know the COVID19 Impact | Top Players: Media, AIRMATE, JASUN, JOLUN,, etc.
angelamarket
1
0
0
Hiring a Locksmith: A Beginner's Guide to Finding the Perfect One for You!
petysary5
2
0
0
3 different cold room designs - Cold Storage 3D
CryoSystems
2
1
0
Veterinary Equipment and Disposables Market - Anticipated To Witness High Growth In The Near Future
roberthenric10
2
0
0
Is Gynecomastia Surgery Costly?
kritiisharma
2
0
0
How COVID-19 Impacted on Potato Chips in Food and Beverages Industry ?
victory7493
2
0
0
What should I pay attention to when building a meat cold storage?
CryoSystems
2
1
0
Synogut Reviews
jeremyrenner
2
0
0
Hồng Đức Home - Đơn vị thiết kế hàng đầu tại Thanh Hóa
Hongduchome
3
0
1
Evidence Suggests Patriarchal Religious Indoctrination Played a Primary Role in the 2016 Election
fadewblogs
2
0
0
Lắp đặt, sửa điện nước điều hòa phường Thượng Cát, Minh Khai, Phú Diễn
codien24h
3
0
0
Cổng, cửa, cầu thang, lan can nhôm đúc Lâm Đồng tinh tế và độc đáo nhất
nhoducnamphong
2
0
0
4.7 Star App Store Review!
Cpl.dev***uke
The Communities are great you rarely see anyone get in to an argument :)
king***ing
Love Love LOVE
Download

Select Collections