Flexible Electronics A Vibrant Market

In a recent report, researchers at Million Insights claim the global flexible electronics market is estimated to touch $87.21 billion by the completion of the prediction period. It is estimated to develop at a substantial CAGR for the duration of the prediction. Flexible electronics find application in biometrics, end user electronics, automobile, medicinal & healthcare, defense & military, mobile instruments, and wearable electronics.

 

Market Findings

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  • Elements contributing to the progress of the market comprise being lightweight, rough, transportability, and low price of the manufactured goods as equated to inflexible rigid substances.
  • Subdivision of healthcare is projected to witness stable development at a CAGR of more than 8% for the duration of prediction.
  • The subdivision of automobile was responsible for a stake of more than 12% of the general income during the year 2015.
  • Subdivision of display generated maximum income and seized the market stake of more than 50% during the year 2015.
  • The subdivision of Battery is expected to witness reasonable progress at a CAGR beyond 15% above the prediction period.
  • North America was responsible for a stake of more than 30% of the international income during the year 2015.
  • The Asia Pacific is projected to observe strong development by CAGR surpassing 17% for the duration of prediction.
  • The European market for flexible electronics was above US$ 5 billion during the year 2015.

 

Need more data? Then browse the “Global  Flexible Electronics Market” report.

 

Million Insights

408-610-2300

866-831-4085

[email protected]

https://www.millioninsights.com

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