The global Flexible Hybrid Electronics Market is expected to foresee significant growth. Asia Pacific to grow at the highest CAGR during the forecast period 2022-2028!

Flexible hybrid electronics are devices that combine the flexibility and low cost of printed plastic film substrates with the performance of semiconductor devices to create a new category of electronics substrates that are stretchable, conformable, and flexible. The rising adoption of flexible electronics solutions can be attributed to its increased adoption in the healthcare sector. Furthermore, increasing investment by the government in research and development and partnerships with tech companies with the intention of promoting the technology to the public is also another factor helping the market grow. Moreover, the rising need for compact technology that will be able to fit without taking up much space while detecting new information will propel the market growth for flexible hybrid electronics during the forecast period.The Flexible Hybrid Electronics Market is expected to grow at a steady rate of around 16% during the forecast period (2022-2028). The market growth is owed to their lower costs and flexibility.

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Based on application, the market is segmented into electronics including sensors, display and lighting, health performance tools, security tags, and industrial and environmental monitoring. The healthcare performance tool segment is expected to grow at a significant CAGR during the forecast period. The growing adoption of flexible hybrid electronics can be attributed to the increasing demand for easy, compact products to detect vital signs. Furthermore, increased production of wearable products such as IR thermometers, automated heart monitors, and external defibrillators (AEDs) for consumer usage and for doctors to continue outpatient monitoring are expected to drive the market.

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For a better understanding of the market adoption of the flexible hybrid electronics industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. In 2020, the Asia Pacific region is expected to achieve significant growth during the forecast period. The increasing developments in the manufacturing of semiconductors in the region is expected to drive the market in the region. Furthermore, the advancements in technology with R & D of thin-film products and compact-size devices have led to the growth of the flexible hybrid electronics market. This region has the most advanced display technology, which is a driving factor for the flexible hybrid electronics market.

Some of the major players operating in the flexible hybrid electronics market include DuPont de Nemours Inc, PARC (Xerox Corporation), General Electric Company, Lockheed Martin Corporation, American Semiconductor Inc, Flex Ltd, Brewer Science Inc, Integrity Industrial Inkjet Integration, SI2 Technologies Inc, and Epicore Biosystems.

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Global Flexible Hybrid Electronics Market SegmentationMarket Insight, by Application

• Electronics including sensors
• Display and lighting
• Health performance tools
• Security tags
• Industrial and environmental monitoring

Market Insight, by Region

• North America
  • US
  • Canada
  • Rest of North America
• Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
• Rest of the World

Top Company Profiles

• DuPont de Nemours Inc
• PARC (Xerox Corporation)• General Electric Company• Lockheed Martin Corporation• American Semiconductor Inc• Flex Ltd• Brewer Science Inc• Integrity Industrial Inkjet Integration• SI2 Technologies Inc• Epicore Biosystems