Flexible Electronic Products Market 2020 | Covid-19 Impact | Industry overview, supply and demand analysis and forecast 2030

Flexible Electronic Products – Introduction

Flexible electronics is a concept also known as flex circuits, which refers to the assembly of electronic circuits over flexible substrates such as a transparent conductive polyester, PEEK, or polyimide
Flexible electronics are increasingly designed into various products, which encompasses both consumer and industrial sectors
Some of the common categories of flexible electronic products include mobile phone displays, sensory components in airplanes and cars, human health performance tools, and security tags
Flexible electronics have evolved greatly over the past decade. A few years back, such electronics were capable of being stretched up to 70%, whereas now they can be stretched to an exceptional extend of their actual length.
The ability of semiconductors to become more stretchable, smaller, and thinner has significantly contributed to the development of novel flexible electronic products

Emerging Trend of Foldable Displays to Drive the Global Flexible Electronic Products Market

The smartphone industry over the years has evolved tremendously. In the near future, more smartphone manufacturers are anticipated to incorporate flexible screen features to their phones, which in turn is expected to remarkably boost the overall flexible electronic products market.
Not only smartphones but other consumer electronics such as TVs with foldable screens are expected to drive the demand for flexible electronic products

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Growth Opportunities for the Market Aligned with Innovation in Flexible Electronic Technology

With the advent of flexible electronics, prominent players in the electronics industry are encouraged to differentiate their offerings, making the market further competitive
Manufacturers in the industry are considering the latest innovations in flexible electronics as an opportunity to introduce more competitive products in the market
These new products are expected to target various other industries including automotive, healthcare, aerospace, and defense

High Cost of Products Likely to be a Major Challenge to the Market

Despite their ability to offer exciting new features to conventional electronic products, the upcoming flexible electronic products in the market are anticipated to remain relatively more pricey than the usual electronic products

Asia Pacific to Hold Leading Share of the Global Flexible Electronic Products Market

In terms of geography, the global flexible electronic products market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
Country and sub-region level analysis of North America features the U.S., Canada, and Rest of North America. Analysis and forecast of the flexible electronic products market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the market analysis and forecast of GCC, South Africa, and Rest of Middle East & Africa. The flexible electronic products market in South America is segmented into Brazil and Rest of South America.
Asia Pacific dominated the global market in 2018 in terms of sales; however in terms of maturity, the region lags behind North America as well as Europe. This provides market players with the room for growth in the near future
The market in Asia Pacific is projected to expand at a rapid pace, followed by North America and Europe during the forecast period

Key Players Operating in the Flexible Electronic Products Market

The global flexible electronic products market is highly competitive, owing to the presence of several global and regional players. Major players are adopting various strategies such as regional expansion and product portfolio expansion to consolidate their position in the market. A few key players operating in the global flexible electronic products market are:

Samsung Electronics
E Ink Holdings
BrightVolt, Inc.
Planar Energy Devices
AU Optronics Corp.
Enfucell Flexible Electronics Co., Ltd.
LG Display Co., Ltd.

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Global Flexible Electronic Products Market: Research Scope

Global Flexible Electronic Products Market, by Product Type

Folding Displays
Mobile Phones
TVs & Monitors
Flexible Implants
Others (Digital Signage, wearable devices etc.)

Global Flexible Electronic Products Market, by Application

Automotive
Consumer Electronics
Healthcare
Media & Entertainment
Others (Defense, Aviation, etc.)

Global Flexible Electronic Products Market, by Distribution Channel

Online
- Direct to Consumer Platforms
- Third-party Platforms Machinery
Offline
- Departmental Stores
- Specialty Stores

Global Flexible Electronic Products Market, by Region

North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
South America
- Brazil
- Rest of South America

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America
Asia Pacific
Europe
Latin America
The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis