Flexible Electronics Market Growth To Hit Elevating Heights Through USD 30.25 Bn Earnings By 2028

According to report of Zion Market Research, Flexible Electronics industry gathered revenue worth about US$ 13.2 billion in 2021 and is slated to accumulate returns of approx. US$ 30.25 billion by 2028. In addition to this, Flexible Electronics market is set to register CAGR of nearly 21% in 2022-2028. Apparently, Growth of flexible electronics market over forecasting timeline is subject to massive demand for smart electronic & portable products.  Surge in demand for electronic equipment in automotive, consumer electronics, defense, and healthcare sectors will steer expansion of flexible electronics industry. Humungous customer preference for wearable equipment will steer growth of flexible electronics market. Launching of flexible batteries along with rising use of flexible sensors in smart packaging & tracking will spur business space. Flexible electronics, also referred to as flex circuits, have strong impact on smart medical equipment, IoT equipment, wearable electronics, and smartphones. This will drive market trends.

Display Segment To Contribute Notably Towards Overall Market Share By 2028

Growth of display segment over ensuing years can be attributed to rise in use of displays as key components in consumer electronics goods such as laptops, smart televisions, tablets, and foldable smartphones. Furthermore, humungous demand for consumer electronic goods across globe will prop up segmental growth.

Healthcare Sector To Dominate Application Landscape Over 2022-2028

The rapid expansion of healthcare sector over ensuing years can be credited to rise in occurrence of diseases and use of flexible electronics in medical equipment. Apart from this, surge in aging populace prone to these chronic ailments will further enhance penetration of flexible electronics in healthcare sector.

North America To Account Remarkably Towards Regional Market Share By 2028

The regional market growth over forecast timespan is subject to large-scale presence of key participants in Canada and the U.S. In addition to this, thriving automotive sector in North America and manufacture of new vehicles has resulted in growing acceptance of electronic parts, thereby driving expansion of flexible electronics market in North America.

Key participants profiled in study and favorably influencing market surge include Solar Frontier Kabushiki Kaisha, Samsung Electronics Co., Ltd., Multi-Fineline Electronix, Inc., Pragmatic Printing Ltd., The 3M Company, PARC, LG Corporation, Thinfilm Electronics ASA, and Cymbet Corporation, Inc.

Browse the full “Flexible Electronics Market- By Component (Display, Battery, Sensors, and Memory) and By Application (Automotive, Consumer Electronics, Healthcare, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/flexible-electronics-market

The global Flexible Electronics Market is segmented as follows:

By Component

• Display
• Battery
• Sensors
• Memory

By Application

• Automotive
• Consumer Electronics
• Healthcare
• Industrial

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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