North America Flexible Electronics Market Forecast to 2030

At 9.8% CAGR, North America Flexible Electronics Market is Speculated to be Worth US$ 18,464.31 Million by 2030, says The Research Team

According to The Research Team’ research, the North America flexible electronics market was valued at US$ 8,766.31 million in 2022 and is expected to reach US$ 18,464.31 million by 2030, registering a CAGR of 9.8% from 2022 to 2030. Rising popularity of foldable display and growing technological advancements are among the critical factors attributed to drive the North America flexible electronics market growth.

Foldable displays have the ability to provide a more immersive and interactive user experience by allowing users to alter the display in ways that standard displays cannot. From the standpoint of novel applications and human-machine interfaces, bending displays, from curved public information displays to folding smartphones, are an enabling technology. Compared to traditional displays, flexible screens frequently offer higher energy efficiency. They may cause gadget batteries to last longer because they consume less energy to run. In addition, unlike glass-based displays, flexible displays are made on plastic substrates, which makes them shatterproof. Various smartphone manufacturers are integrating the technology to provide a premium experience to their customers. For instance, in February 2024, Honor announced that they would launch a foldable flip phone this year at Mobile World Congress 2024. This entry into flip foldable is expected to expose the company to a different price point.

Similarly, in May 2023, Google introduced its new Pixel Fold, a new foldable phone that combines the helpfulness of Pixel with a design that unfolds into a compact tablet. The phone is also powered by Google Tensor G2 chip, making Pixel Fold fast and secure. Thus, the growing integration of foldable displays in smartphones, tablets, and other electronic devices is projected to propel the growth of the flexible electronics market.

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

Based on component, the North America flexible electronics market is segmented into display, battery, sensors, memory, and others. The display segment held 43.6% market share in 2022, amassing US$ 3,823.43 million. It is projected to garner US$ 8,383.97 million by 2030 to register 10.3% CAGR during 2022–2030.

In terms of application, the North America flexible electronics market is segmented into consumer electronics, automotive, healthcare, industrial, and others. The consumer electronics segment held 48.7% share of North America flexible electronics market in 2022, amassing US$ 4,267.55 million. It is anticipated to garner US$ 8,846.45 million by 2030 to expand at 9.5% CAGR during 2022–2030.

Based on country, the North America flexible electronics market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 81.5% share of North America flexible electronics market in 2022. It was assessed at US$ 7,147.17 million in 2022 and is likely to hit US$ 15,419.07 million by 2030, registering a CAGR of 10.1% during 2022–2030.

Key players operating in the North America flexible electronics market are Samsung Electronics Co Ltd; LG Electronics Inc; SRI International; Imprint Energy; Blue Spark Technologies, Inc.; 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 North America 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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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. North America Flexible Electronics Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value sChain:
5. North America 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 – North America Analysis
6.1 North America Flexible Electronics Market Revenue (US$ Million), 2020–2030
6.2 Flexible Electronics Market Forecast Analysis
7. North America Flexible Electronics Market Analysis – by Components
7.1 Display
7.1.1 Overview
7.1.2 Display: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Memory
7.2.1 Overview
7.2.2 Memory: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Sensors
7.3.1 Overview
7.3.2 Sensors: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Battery
7.4.1 Overview
7.4.2 Battery: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Flexible Electronics Market Analysis – by Application
8.1 Consumer Electronics
8.1.1 Overview
8.1.2 Consumer Electronics: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Healthcare
8.2.1 Overview
8.2.2 Healthcare: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Industrial
8.4.1 Overview
8.4.2 Industrial: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Flexible Electronics Market – Country Analysis
9.1 North America
9.1.1 North America Flexible Electronics Market Overview
9.1.2 North America: Flexible Electronics Market Breakdown, by Key Countries, 2022 and 2030 (%)
9.1.2.1 North America: Flexible Electronics Market – Revenue and Forecast Analysis – by Country
9.1.2.2 United States: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.2.1 United States: Flexible Electronics Market Breakdown, by Components
9.1.2.2.2 United States: Flexible Electronics Market Breakdown, by Application
9.1.2.3 Canada: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.3.1 Canada: Flexible Electronics Market Breakdown, by Components
9.1.2.3.2 Canada: Flexible Electronics Market Breakdown, by Application
9.1.2.4 Mexico: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.4.1 Mexico: Flexible Electronics Market Breakdown, by Components
9.1.2.4.2 Mexico: 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 Imprint Energy
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 Blue Spark Technologies, Inc.
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 E Ink Holdings Inc
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 General Electric Co
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
12.8 AUO Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 MFLEX
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Research Team
13.2 Word Index

LIST OF TABLES

Table 1. North America Flexible Electronics Market Segmentation
Table 2. North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Table 3. North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Components
Table 4. North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 5. North America: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Country
Table 6. United States: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Components
Table 7. United States: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 8. Canada: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Components
Table 9. Canada: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 10. Mexico: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Components
Table 11. Mexico: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 12. Heat Map Analysis by Key Players
Table 13. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Flexible Electronics Market Segmentation, by Country
Figure 2. Ecosystem: North America flexible electronics market
Figure 3. North America Flexible Electronics Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Flexible Electronics Market Revenue (US$ Million), 2020–2030
Figure 6. North America Flexible Electronics Market Share (%) – by Components (2022 and 2030)
Figure 7. Display: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Memory: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Sensors: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Battery: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Others: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. North America Flexible Electronics Market Share (%) – by Application (2022 and 2030)
Figure 13. Consumer Electronics: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Healthcare: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Automotive: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Industrial: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Others: North America Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. North America: Flexible Electronics Market Revenue, by Key Countries, (2022) (US$ Mn)
Figure 19. North America: Flexible Electronics Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 20. United States: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Canada: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Mexico: Flexible Electronics Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Company Positioning & Concentration