According to the recent study the stretchable and conformal electronics market is projected to reach an estimated $2 billion by 2030 at a CAGR of 44.2% from 2024 to 2030. Growth in this market is primarily driven by increasing demand for smart wearable and integrated electronic systems and introduction of next generation electrical devices that can be easily used in various applications, such as on one's body, on skin, or as biomedical implant.
A more than 150–page
report is developed to understand trends, opportunities and forecast in stretchable
and conformal electronics market by end use industry (healthcare, consumer
electronics, automotive, aerospace and defense, textiles, and others) and
region (North America, Europe, Asia Pacific, and the Rest of the World).
“Consumer electronics market is expected to remain the largest
segment during the forecast period.”
Based on end use
industry, the stretchable and conformal electronics market is segmented into
healthcare, consumer electronics, automotive, aerospace and defense, textiles,
and others. Lucintel forecasts that the consumer electronics market is expected
to remain the largest segment due to the continuously growing preference for
wearable electronic gadgets and increasing consumer’s inclination towards
ultra-elastic and conformable electronics.
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stretchable and conformal
electronics market.
“Asia pacific will dominate the stretchable and conformal
electronics market in near future.”
APAC is expected to
witness the highest growth over the forecast period due to the growing demand
of electric vehicles, presence of huge customer base, and expanding
manufacturing hubs by the major players in the region.
Major players of stretchable
and conformal electronics market are adopting various growth strategies like
new product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. NOK
Corporation, Flexcom, Fujikura, Sumitomo Electric Industries, and Zhen Ding
Technology are among the major stretchable and conformal electronics providers.
This unique 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 write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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