Trends, opportunities and forecast in this market to 2022 by application (healthcare, consumer electronics, automotive, aerospace and defense, textiles, and others), component (stretchable circuits, stretchable conductors, electroactive polymers, stretchable batteries, photovoltaics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
According to a new market report published by Lucintel, the future of the stretchable and conformal electronics market looks attractive with opportunities in the consumer electronics, healthcare, automotive, aerospace and defense, and textiles industries. The global stretchable and conformal electronics market is expected to reach an estimated $478.9 million by 2025 and is forecast to grow at a CAGR of 89% from 2017 to 2025.
The major growth drivers for this market are increasing usage of stretchable and conformal electronics products in the healthcare, consumer electronics, and textiles markets.
Browse 24 Market Data Tables and 43 Figures spread through 98 Pages and in-depth TOC on "Stretchable and Conformal Electronics Market - Global Forecast to 2022" www.lucintel.com/stretchable-and-c…nics-market.aspx
In this market, stretchable circuits, stretchable conductors, electroactive polymers, stretchable batteries, and stretchable photovoltaics are used to manufacturer stretchable electronic devices.
Lucintel forecasts that the stretchable conductor market is expected to remain the largest and is also expected to witness the highest growth over the forecast period supported by growing demand in the consumer electronics, healthcare, aerospace, and automotive markets.
Within the stretchable and conformal electronics market, consumer electronics is expected to remain the largest end use segment due to the increasing adoption of smart wearable devices across the globe. Improved performance, miniaturization, enhanced functionality, advanced sensor technology and intelligence in electronic systems are further supporting the growth of this market.
Lucintel predicts that the demand for stretchable and conformal electronics in healthcare is likely to experience the highest growth in the forecast period supported by the demand for smart healthcare products, such as biomedical skins, smart bandages, health monitoring kits, and cyborg cardiac patches.
North America is expected to remain the largest market by value and is also expected to witness the highest growth over the forecast period because of growing demand for wearable technologies and increasing research and development by various institutions.
Download PDF Brochure at www.lucintel.com/rb/stretchable-an…nics-market.aspx
Emerging trends, which have a direct impact on the dynamics of the industry, include adoption of stretchable electronics in artificial skin, biodegradable implants, and additive manufacturing as a new manufacturing technique. DuPont, MC10, Inc., Powerfilm, Inc., Philips, and StretchSense are among the major suppliers of stretchable and conformal electronics.
Inquire About This Report at www.lucintel.com/pq/stretchable-an…nics-market.aspx
The study includes a forecast for the global stretchable and conformal electronics market by application, component, and region as follows:
By End Use Industry [$M shipment analysis for 2016 – 2025]:
- Consumer Electronics
- Aerospace and Defense
By component [$M shipment analysis for 2016 – 2025]:
- Stretchable Circuits
- Stretchable Conductors
- Electroactive Polymers
- Stretchable Batteries
By Region [$M shipment analysis for 2016 – 2025]:
- North America
- Asia Pacific
- Rest of the World
Category: Market Research Publishers and RetailersCompany about: Lucintel, the premier global market research and management consulting firm creates your equation for growth - whether you need to understand market dynamics, identify new opportunities or increase your profitability. Lucintel team of trusted industry experts for materials and manufacturing industries have executed over hundreds of consulting projects for clients, ranging from small, emerging organizations up to multinational companies such as 3M, Audi, BASF, Cytec, DSM, Eastman, GE, H ...
For more information: