Printed And Flexible Electronics Market - Forecast(2021 - 2026)

 Printed and Flexible Electronics Market Overview:

The concept of ‘ease of mobility’ has garnered tremendous attention from numerous consumer centric sectors to converge their products with a nuance of flexibility. Similarly, in the electronics domain, this trend has supplemented and diverted technological innovations towards printed and flexible electronics. Printed electronics is a set of printing methods used to create electrical devices on various flexible plastic substrates, such as polyimide, PEEK or transparent conductive polyester for crafting flexible electronics. Owing to undying scope of application in production of various electronic products such as displays, lightings, sensors, photovoltaic cells, batteries, transistors, and touchscreens, global printed and flexible electronics market size has reached a staggering mark of $1.21 billion in 2018. Printed and flexible electronics registered wide application in healthcare, consumer electronic devices, automotive, and sensors sectors.  opportunities in the market is developing profoundly at a global a CAGR of 5.41% during the forecast period 2019-2025.

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Printed and Flexible Electronics Market Outlook:

Some factors supporting APAC’s prosperity-

· Asia-Pacific is considered as the most rewarding marketplace for sensors in healthcare market with a demand share of around 30% in 2018. Flexible sensors being an integral part of the wearable devices market applied in personalized healthcare is providing high trade opportunities in APAC’s flexible electronic market.

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· In 2018, 802 million people in China were using the internet with an astonishing 98% (788 million) of the user base surfing via mobile, according to China Internet Network Information Center (CNNIC). With an established base of mobile users, flexible display smartphones with printed electronics are witnessing deeper penetration among existing potential customers.


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· Samsung Display and LG Display, the global leaders in flexible displays manufacturing and innovation are located in APAC. This equips the local market with indigenous production sites and inexpensive cost price that consequent increasing local demand from the densely populated economy of India and China.

Displays have emerged from being a module of a mere television set to being an imperative element in modern consumer electronic devices such as smart phones, smart wearable devices and commercially booming advertisement method of digital signage. Displays are inevitable component in modern devices, consequently OLED and LED flexible displays are intended to be the fastest growing application segment in flexible electronics market, progressing with an application CAGR of 7.42% by 2025. Flexible displays are capitalizing and gaining substantial impulse owing to an established trade network and demand source of traditional displays. As Samsung and Apple are using flexible displays in their flagship products, LG in 2018 unveiled a 65-inch rollable OLED display with 4K resolution. Similarly, smart wearable devices equipped with flexible displays are adding more impetus to the segment growth.

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