According to a new market report by Lucintel, the future of the flexible electronics and circuit market looks promising with opportunities in the consumer electronics, healthcare, military, defense, and aerospace, energy & power, and automotive industries. The flexible electronics and circuit market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are increasing demand for flexible display in smartphones and wearable devices, increasing adoption of thin-film solar modules in various applications, and growth in demand for flexible electronic components for IoT applications.

In this market, flexible display, thin-film photovoltaics (PV), printed sensor, flexible battery, OLED lighting and E-textile are the major applications of flexible electronics and circuits. Lucintel forecasts that flexible display will remain the largest segment over the forecast period due to the increasing demand of flexible display in smartphone and werable devices. Leading smartphone giants, such as Samsung and Apple, have adopted flexible OLED displays in their upcoming flagship smartphone.
Within this market, automotive is expected to witness the highest growth over the forecast period due to the increasing adoption of flexible displays, OLED lighting solutions, and printed sensors in the automotive industries. Double-sided, multilayer, and rigid flex circuits are the major circuit structures used in the various end use industries.
Asia Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the presence of major consumer electronic companies.
Samsung Group, LG Group, Solar Frontier, First Solar, Panasonic, Konica Minolta, OLEDWorks, Blue Spark Technologies, BrightVolt, and Heliatek are the major suppliers in the flexible electronics and circuit market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the flexible electronics and circuit market by structure type, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Flexible Electronics and Circuit Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the flexible electronics and circuit market by structure type, application, end use industry, and region as follows:
By Application [$M shipment analysis for 2013 – 2024]:
• Flexible Display
• Thin-Film Photovoltaics (PV)
• Printed Sensor
• Flexible Battery
• OLED Lighting

By Structure Type [$M shipment analysis for 2013 – 2024]:
• Single Sided
• Double Sided
• Multilayer
• Rigid Flex Circuit

By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Healthcare
• Communications
• Consumer Electronics
• Industrial Electronics
• Automotive
• Military
• Defense and Aerospace
• Energy and Power
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– Germany
– UK
– Italy
• Asia Pacific
– China
– Japan
– India
• Rest of the World

A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the flexible electronics and circuit market by structure type (single-sided, multilayer, double-sided), application (flexible display, thin-film photovoltaics (PV), printed sensor, flexible battery, OLED lighting), end use industry (consumer electronics, healthcare, military, defense, and aerospace, energy & power, automotive),and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?