Flexible Hybrid Electronics Market: Current Analysis and Forecast (2022-2028)
$3999 – $6999
Emphasis on Application (Electronics Including Sensors, Display and Lighting, Health Performance Tools, Security Tags, and Industrial and Environmental Monitoring) and Region/Country
Global Flexible Hybrid Electronics Market is expected to grow at a significant rate of around 16% 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.
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 are some of the key players operating in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst application, the health performance tools to hold a significant share in the market in 2020”
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.
“Asia Pacific region is anticipated to grow at the highest CAGR during the forecast period”
In 2020, the Asia Pacific region is expected to grow at a significant rate 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.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
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|2.1.||Research Process of the Flexible Hybrid Electronics Market|
|2.2.||Research Methodology of the Flexible Hybrid Electronics Market|
|5||IMPACT OF COVID-19 ON THE FLEXIBLE HYBRID ELECTRONICS MARKET|
|6||FLEXIBLE HYBRID ELECTRONICS MARKET REVENUE (USD BN), 2020-2028F|
|7.1.||Electronics including sensors|
|7.2.||Display and lighting|
|7.3.||Health performance tools|
|7.5.||Industrial environmental monitoring|
|8.1.3.||Rest of North America|
|8.2.6.||Rest of Europe|
|8.3.4.||Rest of Asia-Pacific|
|8.4.||Rest of World|
|10||FLEXIBLE HYBRID ELECTRONICS MARKET OPPORTUNITIES|
|11||FLEXIBLE HYBRID ELECTRONICS MARKET TRENDS|
|12.1.||Demand Side Analysis|
|12.2.||Supply Side Analysis|
|13||VALUE CHAIN ANALYSIS|
|14.1.1.||Porters Fiver Forces Analysis|
|15.1.||DuPont de Nemours Inc|
|15.2.||PARC (Xerox Corporation)|
|15.3.||General Electric Company|
|15.4.||Lockheed Martin Corporation|
|15.5.||American Semiconductor Inc|
|15.7.||Brewer Science Inc|
|15.8.||Integrity Industrial Inkjet Integration|
|15.9.||SI2 Technologies Inc|
Research Methodology for the Flexible Hybrid Electronics Market Analysis (2022-2028)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global flexible hybrid electronics market were the three major steps undertaken to create and analyze the adoption of flexible hybrid electronics in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global flexible hybrid electronics market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the flexible hybrid electronics market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the flexible hybrid electronics market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as application. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Flexible Hybrid Electronics Market. Further, we conducted factor analysis using dependent and independent variables such as the application of flexible hybrid electronics. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the flexible hybrid electronics market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global flexible hybrid electronics market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the flexible hybrid electronics market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global flexible hybrid electronics market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global flexible hybrid electronics market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type, drive type, and application in the global flexible hybrid electronics market.
The main objective of the Global Flexible Hybrid Electronics Market Study
The current & future market trends of the global flexible hybrid electronics market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the flexible hybrid electronics market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of Application.
- Define and analysis of the regulatory framework for the flexible hybrid electronics.
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the flexible hybrid electronics market for the major region.
- Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
- Company profiles of the flexible hybrid electronics market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry