Stretchable Electronics Market by Type, Applications, Growth Drivers, Trends, Demand and Global Forecast to 2027

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The Stretchable Electronics Market will grow at a CAGR of 25.29%. According to MRFR analysis, the Stretchable Electronics Market value will reach up to USD 2981.2 Million during the forecast period 2020–2026.

Overview

The global stretchable electronics market is expected to reach USD 2,981.2 million by 2026 at a CAGR of 25.29% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years. The increasing adoption of portable electronics and wearable devices by individuals has created a huge demand for the miniaturization of electronic components. Device miniaturization is done considering all the input/output ports and various other components in the assembly that are vital to the end-product. Miniaturization has increased the demand for integrated power for application-specific processors and subsystems.

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Competitive Analysis

The key players of the global stretchable electronics market applications are PARC (U.S), Cambrios (U.S), PowerFilm (U.S), Koninklijke Philips N.V (Netherlands), Apple Inc, (U.S.), Adidas AG (Germany), 3M Company (U.S), Palo Alto Research Center Incorporated (US), DuPont (U.S), BodyMedia (U.S), Physical Optics Corporation (U.S) IDUN Technologies Ltd (Switzerland), and MC10 (U.S) among others.

In March 2020, Physical Optics Corporation and Ansys Streamline Avionics Development for U.S. Military Aircraft has done collaboration to develop avionics for U.S. military aircraft. Ansys SCADE Solutions for ARINC 661 Applications. This will enable POC to reduce development time and accelerate certification and integrating new functionality at a much lower cost and enabling a faster path to market.

In September 2019, Cambrios formed a strategic partnership with Winsky, a part of the CN Innovations conglomerate that is focused on touch display development and applications and owns core technologies that make it the industry leader. This partnership is to develop optimal solutions for electronic materials applications in new technology markets.

In September 2019, Cambrios partnered with Royole, a leader in flexible phones, creator of the world’s first mass-produced fully flexible display and foldable phone. Companies are aligned to fulfill the desire to perfect the technology and product experience for customers.

In October 2017, MC10 Inc. and University of Rochester collaborated and for the purpose of the study, researchers from the University of Rochester used BioStampRC system technology to assess motor systems in two nerve-related disorders Parkinson disease and Huntington disease.

 

Segmental Analysis

The global stretchable electronics market has been segmented based on component, Applications, and region. Based on component, the global market has been segmented into Electroactive Polymer, Stretchable Batteries, Stretchable Conductor, Photovoltaics, and Stretchable Circuit. By applications, the market has been segmented into Consumer Electronics, Automotive, Aerospace Defense, Healthcare, and others.

The key players of the global stretchable electronics market are PARC (U.S), Cambrios (U.S), PowerFilm (U.S), Koninklijke Philips N.V (Netherlands), Apple Inc, (U.S.), Adidas AG (Germany), 3M Company (U.S), Palo Alto Research Center Incorporated (US), DuPont (U.S), BodyMedia (U.S), Physical Optics Corporation (U.S) IDUN Technologies Ltd (Switzerland), and MC10 (U.S) among others.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

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