Global Flexible Electronics Market worth $13.23 Billion by 2020

According to this research, the total market is expected to reach $13.23 Billion by 2020.

“Flexible Electronics Market by Components (Display, Battery, Sensor, Photovoltaic, Memory), Circuit Structure (Single-Sided, Double-Sided, Rigid) Application (Consumer Electronics, Healthcare, Automotive, Energy and Power), & by Geography - Analysis & Forecast to 2020”

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Flexible electronics is the advanced form of electronics that has just started penetrating into the consumer products market in the form of e-book, signage, smartphone, and e-paper applications. In addition, it is also being deployed in military applications.

This report has divided the flexible electronics industry into three segments: component, applications and geography. The thin film CIGS (Copper indium gallium selenide) PV panel market is accounted for more than 80% of the total market, but is expected to see a decreased growth rate in the forecast period. The consumer electronics market is expected to grow at a higher CAGR; this growth is expected to be fueled by consumer electronics product need and distinctive features of the flexible electronic products.

The global flexible electronics market revenue is estimated to grow from $3.4 billion in 2013 to $13.23 billion in 2020 at a CAGR of 21.73% from 2014 to 2020. The consumer electronics market is expected to grow at a CAGR of 44.30%, this growth is heralded by consumer electronics components namely: flexible displays and flexible sensors and battery.

The report, based on an extensive research study of the global market and the related semiconductor and products industries, is aimed at identifying the entire market based systems in all the applications. The report covers the overall market and sub-segment markets through extensive detailed classifications, in terms of revenue.

The emerging consumer electronics market is expected to grow at a CAGR of 44.30%. North America is the biggest flexible electronics market, followed by Europe and APAC.

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This report is focused on giving a bird’s eye-view of the complete flexible electronics industry with regards to the products market with detailed market segmentations, combined with qualitative analysis of each and every aspect of the classifications done by semiconductors, products, applications, and geography. All the numbers, both - revenue and volume, at every level of detail, are forecast till 2020 to give a glimpse of the potential revenue base in this market.

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This release was published on openPR.