Stretchable Electronics Market by Technology, Service, Deployment Mode, Growth Trends and Region by

Flexible and stretchable electronics are gaining tremendous popularity owing to, adaptability and lightweight characteristics in wearable electronics and devices. Flexible electronics are developed on heat-sensitive flexible substrates such as plastic, fabric or even papers while stretchable electronics are manufactured on elastomeric substrates to sustain large deformation in the commercial application. The demand for stretchable devices is presumed to be increasing due to advancements in technology fields such as stretchable electronics, wearable devices, intelligent robotics, and body-conformable devices.

For instance, sensory skins are in demand for implementing advanced robots which facilitate to interact with humans and adapts the surrounding without any help from external control. Stretchable Electronics Market are widely used in technical applications and used in developing the electronic components in a flexible and stretchable form which include stretchable display units, stretchable logic gates, and memories. These devices are developed with different structures and are used to develop light-emitting diodes (LEDs), interconnects, dielectrics, and transistors

The rising in demand for inexpensive materials in consumer appliances, increased implementation of solar cells in home appliances, and increase in awareness of wearable devices for the healthcare industry are expected to drive the market over the forecast period. On the flipside, long time and exhaustive manufacturing process for the production of stretchable devices, and high cost involved in developing stretchable technologies is expected to hinder the growth of stretchable electronics market. However, the stretchable electronics market is differentiated by component and application.

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Key Players

Market research future identifies some of the key players of 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 (U.S), DuPont (U.S), BodyMedia (U.S), Physical Optics Corporation (U.S), and MC10 (U.S).

Segmentation:

By component, the stretchable electronics market is sub-segmented into batteries, circuits, electro-active polymers, stretchable conductors, stretchable Light emitting diodes, Stretchable sensors, Stretchable energy harvesters, and photovoltaic. Additionally, the stretchable sensors include stretchable strain sensors, stretchable pressure sensors, and stretchable temperature sensors. Furthermore, the stretchable energy harvesters include stretchable solar cells, piezoelectric energy harvesters, and thermoelectric energy harvesters.

On the basis of applications, the market is sub-segmented into consumer electronics products, automotive electronics, aerospace & defense, healthcare, textiles, and telecom. Furthermore, the consumer electronics products are categorized as mobile devices, wearable devices, and others.

Regional Analysis:

Geographically, the stretchable electronics market is segmented into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World.

North America is presumed to have significant growth in the stretchable electronics market. The U.S. and Canada are the leading countries in the region. The growth is attributed to increasing demand for wearable devices in the healthcare sector. Additionally, Europe is expected to have substantial growth over the next few years. The United Kingdom, Germany, and France are the leading countries in the region. This is due to surging awareness of wearable gadgets for gaming applications. Asia Pacific is also anticipated to be the fastest growing region in the stretchable electronics market over the forecast period. India, Japan, South Korea, and China are the leading countries in the stretchable electronics market. This is due to the presence of a large number of electronics and semiconductor manufacturers in the region.

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