What is the expected growth of the flexible electronics market?
The global flexible electronics market is projected to reach a staggering $74.4 billion by 2030, growing at a CAGR of 15.5%. This booming market presents exciting opportunities for investors and manufacturers across various industries.
What are the key players in the flexible electronics market?
Major players include LG, Samsung, E Ink, OLEDWorks, and Royole, but emerging companies are constantly pushing the boundaries of innovation.
What are the major applications of flexible electronics?
Flexible electronics are used in various applications, including displays, sensors, optics, batteries, and circuits for consumer electronics, healthcare, automotive, and industrial sectors.
What are the challenges facing the flexible electronics market?
The limited choice of materials suitable for flexible electronics and the high cost of production are some of the challenges facing the market.