Email
Password
Remember meForgot password?
Log in with Facebook Log in with Twitter
Connect your Digital Journal account with Facebook or Twitter to use this feature.
Press Release

Global Flexible Electronics Market to Reach US$25.9 Billion by 2018, According to New Report by Global Industry Analysts, Inc.

>PRWEB.COM Newswire

San Jose, California (PRWEB) July 19, 2012

Follow us on LinkedIn – Flexible electronics is an emerging field of science and manufacturing technology, which enables planting of electronic devices onto conformable plastic substrates. The flexible electronics sector, similar to Large Area or Macro Electronics, Organic Electronics, Plastic Electronics and Printed Electronics verticals, is driven by the global demand for lighter and smaller electronic products that consume lesser power. Due to the fact that these devices are more shock resistant, cost-effectively manufactured, and can be flexed or bended, they have the capability of being integrated into portable devices, clothing, and packaging materials.

While the market for flexible electronics is still in its embryonic stage, various new applications are being studied by universities, research institutes, and high-technology companies. The technology is finding increasing application in various sectors such as military, computers, consumer products, aerospace, automotive, and medical. The main end-use areas for flexible electronics include electronic displays, photovoltaic, sensors, lighting, and logic/memory applications among others. The capability to build flexible electronics or electronics circuits, which are capable of being stretched and bent according to requirement, enables the user to expand the current scope functions supported by use of only rigid circuits. Further development of the industry is expected to occur through the development of suitable processes that facilitate the cost-efficient manufacture of flexible electronics components and the integration of rigid components customized for various applications.

Budding application areas, including electrics including heaters, solar cells, batteries and lighting, are propelling the growth of the worldwide flexible electronics market. The technologies enable electronic systems to be rolled, stretched, washed, and worn, and thereby conform to various architectural features. Flexible electronics components are also capable of biodegradation with multiple-layer structures, which reduce the area required and number of interconnections, while increasing reliability of the system. Key areas of application for flexible electronics include use in portable devices to provide a compact and robust form factor for electronics devices as well as medical applications such for use in the creation of a circuit, which exactly fits the gyri of the brain and enables the real-time study of epileptic patients. Other applications include the incorporation of flexible circuits-based lightweight impact sensors into the uniform and helmets of soldiers to allow medics in providing better treatment to wounded soldiers. Stretchable circuits are also capable of being utilized with a standard balloon catheter to provide a range of radio circuitry and sensors to monitor electrical activity, pressure, temperature as well as blood flow inside the patient's body.

Organic electronic materials market is poised to display exponential growth driven by increasing applications in conventional and niche areas, along with expanding in numerous applications ranging from wide area displays and RFID Tags to Memory. The technology, which had for long been an exciting field of research, has made significant progress in recent times unraveling its true market potential. Low cost for fabrication and high degree of flexibility are the two key factors driving the demand for organic electronics and its increasing penetration in the mainstream market. The use of organic polymer in several applications is beneficial, as they are more flexible, lighter, and economical when compared to inorganic electronics. The materials are also useful for new and innovative applications such as electronic paper and smart windows, wherein inorganic conductors (silicon or copper) cannot be employed. Organic conductors are also expected to find application in emerging frontiers such as molecular computing.

Asia-Pacific constitutes the largest and fastest growing region, capturing a substantial share of the worldwide market, as stated by the new market research report on Flexible Electronics. Flanked by fast growing market of China, Taiwan, India and Korea among others, the Asian market is forecast to expand at a strong CAGR of over 38% through 2018. By product segment, the world market for Electronic Displays captures the largest chunk of the flexible electronics market. The market, currently predominantly used for mobile phones and MP3, is expected to find major impetus with application in television screens, replacing CRT and LCD displays. The photovoltaic applications include low-cost and lightweight potential uses including rooftop panels and smart fabrics.

Key players profiled in the report include, 3M Flexible Circuit Foundry, Applied Materials, Inc., Citala Ltd., Cambridge Display Technology Ltd., E Ink Holdings, Inc., Infinite Corridor Technology, Konarka Technologies, Inc., MC10, Inc., Palo Alto Research Center Incorporated/PARC, Versatilis, LLC, among others.

The research report titled “Flexible Electronics: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive market overview, current market trends, key growth drivers, recent industry activity, and profiles of major/niche global market participants. The report provides annual revenue estimates and projections for the years 2009 through 2018 in value (US$) terms for geographic markets including the US, Canada, Japan, Europe, Asia-Pacific and Rest of World. Key segments analyzed include Electronic Displays, Photovoltaic and Others.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Flexible_Electronics_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

###

Read the full story at http://www.prweb.com/releases/flexible_electronics/electronic_displays/prweb9715644.htm

Latest News
Top News