Asia Pacific Flexible Electronics Market Forecast to 2030

At 11.7% CAGR, Asia Pacific Flexible Electronics Market is Speculated to be Worth US$ 19,079.53 Million by 2030, says The Research Team

According to The Research Team’ research, the Asia Pacific flexible electronics market was valued at US$ 7,897.43 million in 2022 and is expected to reach US$ 19,079.53 million by 2030, registering a CAGR of 11.7% from 2022 to 2030. Growing need for flexible devices in healthcare industry and growing technological advancements are among the critical factors attributed to drive the Asia Pacific flexible electronics market growth.

The demand for flexible electronics in the healthcare industry is growing tremendously. Various consumers have already embraced wearable technology, as it helps them to learn about their heartbeat, steps for the day, sleep quality, exercise tracking, and other wellness-based information, thus helping monitor health. Besides this, other more specialized medical wearables are also witnessing significant growth as these devices can provide crucial information to medical professionals and help them provide superior care to patients. In addition to wearables, the healthcare industry has started using flex circuits because of their flexibility. Stretchable sensors, for example, healthcare professionals to make patients more comfortable while also providing specialists with valuable data. Gas sensors have also achieved amazing advances in flexible electronics.

Professionals can get a lot of information regarding biomarkers present in a patient’s breath with devices that use graphene, carbon nanotubes, and flex circuits. Moreover, wearable devices such as electronic skin patches, which can adhere to the skin, can be very useful for physicians as they can attach the device to the patient’s body and send them home to resume their regular activities. The electronic skin patches can wirelessly transmit data to the physician, or this data can be collected at the end of the monitoring period. Thus, all the above factors are raising the demand for flexible devices in the healthcare industry, thereby propelling the flexible electronics market growth.

On the contrary, the high initial cost and difficulty in circuit modification hampers the growth of Asia Pacific flexible electronics market.

Based on component, the Asia Pacific flexible electronics market is segmented into display, battery, sensors, memory, and others. The display segment held 41.9% market share in 2022, amassing US$ 3,309.65 million. It is projected to garner US$ 8,322.35 million by 2030 to register 12.2% CAGR during 2022–2030.

In terms of application, the Asia Pacific flexible electronics market is segmented into consumer electronics, automotive, healthcare, industrial, and others. The consumer electronics segment held 50.7% share of Asia Pacific flexible electronics market in 2022, amassing US$ 4,006.96 million. It is anticipated to garner US$ 9,528.91 million by 2030 to expand at 11.4% CAGR during 2022–2030.

Based on country, the Asia Pacific flexible electronics market is categorized into Australia, China, India, China, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 25.4% share of Asia Pacific flexible electronics market in 2022. It was assessed at US$ 2,007.53 million in 2022 and is likely to hit US$ 5,169.25 million by 2030, registering a CAGR of 12.6% during 2022–2030.

Key players operating in the Asia Pacific flexible electronics market are Samsung Electronics Co Ltd, LG Electronics Inc, SRI International, E Ink Holdings Inc, General Electric Co, AUO Corp, and MFLEX, among others.

In January 2023, E Ink, the originator, pioneer, and global commercial leader in digital paper technology, announced the launch of E Ink Prism™ 3, a next-generation segmented display that features dynamic color-changing capabilities. E Ink Prism 3 is the next generation E Ink Prism film, which bridges the gap between traditional static materials and digital technology with dynamically changing materials. Fully programmable, designers can now integrate endless materials with changeable colors and patterns. At CES 2023, BMW is using E Ink Prism 3 to create a multi-colored skin on their new i Vision DEE concept car, the first use of E Ink Prism 3 in automotive applications.
In November 2022, LG Display unveiled the world’s first 12-inch high-resolution Stretchable display equipped with outstanding free-form technology that enables it to be extended, folded, and twisted without distortion or damage. The company’s newly unveiled Stretchable display is the industry’s first to achieve 20% stretchability, a resolution of 100ppi, and full-color RGB. In addition, its high flexibility, durability, and reliability maximize its potential for commercialization.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific flexible electronics market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific flexible electronics market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific flexible electronics market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Flexible Electronics Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain:
5. Asia Pacific Flexible Electronics Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Connected Devices
5.1.2 Growing Need for Flexible Devices in Healthcare Industry
5.1.3 Increasing Demand for Electric Vehicles
5.2 Market Restraints
5.2.1 High Initial Cost and Difficulty in Circuit Modification
5.3 Market Opportunities
5.3.1 Growing Technological Advancements
5.3.2 Increasing Miniaturization of Electronic Devices
5.4 Future Trends
5.4.1 Rising Popularity of Foldable Display
5.5 Impact of Drivers and Restraints:
6. Flexible Electronics Market – Asia Pacific Market Analysis
6.1 Asia Pacific Flexible Electronics Market Revenue (US$ Million), 2020-2030
6.2 Flexible Electronics Market Forecast Analysis
7. Asia Pacific Flexible Electronics Market Analysis – by Components
7.1 Display
7.1.1 Overview
7.1.2 Display: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Memory
7.2.1 Overview
7.2.2 Memory: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Sensors
7.3.1 Overview
7.3.2 Sensors: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Battery
7.4.1 Overview
7.4.2 Battery: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Flexible Electronics Market Analysis – by Application
8.1 Consumer Electronics
8.1.1 Overview
8.1.2 Consumer Electronics: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Healthcare
8.2.1 Overview
8.2.2 Healthcare: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Industrial
8.4.1 Overview
8.4.2 Industrial: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Flexible Electronics Market – Country Analysis
9.1 Asia Pacific
9.1.1 Asia Pacific: Flexible Electronics Market – Revenue and Forecast Analysis – by Country
9.1.1.1 Asia Pacific: Flexible Electronics Market – Revenue and Forecast Analysis – by Country
9.1.1.2 Australia: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 Australia: Flexible Electronics Market Breakdown, by Components
9.1.1.2.2 Australia: Flexible Electronics Market Breakdown, by Application
9.1.1.3 China: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 China: Flexible Electronics Market Breakdown, by Components
9.1.1.3.2 China: Flexible Electronics Market Breakdown, by Application
9.1.1.4 India: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 India: Flexible Electronics Market Breakdown, by Components
9.1.1.4.2 India: Flexible Electronics Market Breakdown, by Application
9.1.1.5 Japan: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.5.1 Japan: Flexible Electronics Market Breakdown, by Components
9.1.1.5.2 Japan: Flexible Electronics Market Breakdown, by Application
9.1.1.6 South Korea: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.6.1 South Korea: Flexible Electronics Market Breakdown, by Components
9.1.1.6.2 South Korea: Flexible Electronics Market Breakdown, by Application
9.1.1.7 Rest of APAC: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.7.1 Rest of APAC: Flexible Electronics Market Breakdown, by Components
9.1.1.7.2 Rest of APAC: Flexible Electronics Market Breakdown, by Application
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 Samsung Electronics Co Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 LG Electronics Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 SRI International
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 E Ink Holdings Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 General Electric Co
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 AUO Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 MFLEX
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Research Team
13.2 Word Index

LIST OF TABLES

Table 1. Asia Pacific Flexible Electronics Market Segmentation
Table 2. Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Components
Table 4. Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 5. Asia Pacific: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 6. Australia: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Components
Table 7. Australia: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 8. China: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Components
Table 9. China: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 10. India: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Components
Table 11. India: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 12. Japan: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Components
Table 13. Japan: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 14. South Korea: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Components
Table 15. South Korea: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 16. Rest of APAC: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Components
Table 17. Rest of APAC: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million) – by Application
Table 18. Heat Map Analysis by Key Players
Table 19. List of Abbreviation

LIST OF FIGURES

Figure 1. Asia Pacific Flexible Electronics Market Segmentation, by Country
Figure 2. Ecosystem: Asia Pacific flexible electronics market
Figure 3. Asia Pacific Flexible Electronics Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Asia Pacific Flexible Electronics Market Revenue (US$ Million), 2020-2030
Figure 6. Asia Pacific Flexible Electronics Market Share (%) – by Components (2022 and 2030)
Figure 7. Display: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Memory: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Sensors: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Battery: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Others: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Asia Pacific Flexible Electronics Market Share (%) – by Application (2022 and 2030)
Figure 13. Consumer Electronics: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Healthcare: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Automotive: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Industrial: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Others: Asia Pacific Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Asia Pacific: Flexible Electronics Market Revenue, by Key Countries, (2022) (US$ Mn)
Figure 19. Asia Pacific: Flexible Electronics Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 20. Australia: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million)
Figure 21. China: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million)
Figure 22. India: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million)
Figure 23. Japan: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million)
Figure 24. South Korea: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million)
Figure 25. Rest of APAC: Flexible Electronics Market – Revenue and Forecast to 2030(US$ Million)
Figure 26. Company Positioning & Concentration