Consumer & Retail

According to a market report by Lucintel, the future of consumer electronics in the global stretchable and conformal electronic market looks promising with opportunities in the display, printed sensor, thin-film photovoltaic, OLED lighting, and battery applications. The consumer electronics industry in the global stretchable and conformal electronic market is expected to reach an estimated $77.7 billion by 2028 with a CAGR of 75.2% from 2023 to 2028. The major drivers for this market are increasing demand for wearable devices and growing requirement for flexible electronics that are thin, light, and compact.



Stretchable circuits, stretchable conductors, electroactive polymer, stretchable batteries, and photovoltaic are the major segments of consumer electronics in stretchable and conformal electronic market by component. Lucintel forecasts that stretchable circuit segment is expected to witness the highest growth over the forecast period due to the growing use of stretchable circuits to make affordable electronic gadgets.



Within this market, the display segment is expected to witness the highest growth over forecast period due to its extensive use of consumer electronic devices, like tablets, smartphones, and laptops.



North America is expected to witness the highest growth over forecast period due to the growing adoption of IOT technologies and increasing awareness towards flexible electronics.

Samsung Electronic, Solar Frontier, Palo Alto Research Center Incorporated (PARC), LG, and Cymbet are the major suppliers of consumer electronics in the global stretchable and conformal electronic market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for consumer electronics in the global stretchable and conformal electronic market by component, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Consumer Electronics in the Global Stretchable and Conformal Electronic Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The 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 trends and forecast for consumer electronics in the global stretchable and conformal electronic market by component, application, and region, as follows:

This 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 email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel 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.

 

Q.1. What are some of the most promising, high-growth opportunities for consumer electronics in the global stretchable and conformal electronic market by component (stretchable circuits, stretchable conductors, electroactive polymer, stretchable batteries, photovoltaic, and others), application (displays, thin-film photovoltaic, printed sensors, batteries, OLED lighting, and others), 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 five years and what has its impact been on the industry?