Flexible
hybrid electronics (FHE) combine the functionality of rigid printed circuit
boards with the form factor of thin, lightweight, and flexible materials. FHE
leverage both organic and printed electronics to enable new product designs and
functions not possible with rigid boards alone. Paper-thin surfaces with
seamlessly integrated sensors, memory, displays and more are made possible with
FHE materials like thin-film batteries, organic semiconductor layers,
stretchable conductors and molecular memory. This convergence of flexible
circuits, displays, energy storage and artificial intelligence on thin plastics
and fabrics opens new frontiers for wearables, implantables and countless other
applications. The global flexible hybrid electronics market is expanding
rapidly as companies across industries recognize the potential of digital
technology that can flex and stretch with our physical world.
The healthcare sector has been quick to adopt flexible hybrid electronics to
develop new categories of medical devices. From wearable health monitors that
can collect diagnostics non-invasively around the clock to implantable sensors
that heal and biodegrade inside the body over time, FHE is revolutionizing how
doctors monitor and treat patients. Future applications may see intelligent
wound dressings with embedded RFID tags communicating recovery progress or
flexible exoskeletons assisting rehabilitation. FHE even has potential to
transform surgical tools by enabling minimally invasive procedures
throughpaper-thin robotics.
The
global Flexible Hybrid Electronics Market is estimated to be valued at US$ 139.62 Mn in 2023 and is expected
to exhibit a CAGR of 23% over the
forecast period 2023 to 2030, as
highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the major trends in the flexible hybrid electronics market is the
adoption of printed electronics manufacturing techniques. Printing electronic
circuits using inkjet or screen printing offers significant advantages over
traditional manufacturing methods like lithography which require harsh
chemicals and high temperatures not compatible with flexible substrates.
Printed electronics allow fabrication of circuits over large areas on thin
plastic films at low cost. Companies are actively developing advanced printed
electronic materials like stretchable conductors, conductive inks made from
silver nanowires and organic semiconductors. Mass production using printing
techniques can scale flexible hybrid electronics for widespread
commercialization.
Porter's Analysis
Threat of new entrants: The threat of new entrants in the flexible hybrid
electronics market is low due to high investment costs required for R&D,
especially for developing electronic components that can withstand flexibility
and deformation.
Bargaining power of buyers: The bargaining power of buyers in the flexible
hybrid electronics market is moderate as the products are highly specialized in
nature requiring technical expertise.
Bargaining power of suppliers: The bargaining power of suppliers is moderate as
the key raw materials required are specialty chemicals whose supply depends on
a limited number of manufacturers.
Threat of new substitutes: The threat of substitutes is low as flexible hybrid
electronics provide unique advantages compared to conventional rigid printed
circuit boards.
Competitive rivalry: The competitive rivalry in the flexible hybrid electronics
market is high due to presence of multiple technology providers offering
differentiated products.
Key Takeaways
The
Global
Flexible Hybrid Electronics Market Demand is expected to witness high
growth over the forecast period of 2023 to 2030. The global Flexible Hybrid
Electronics Market is estimated to be valued at US$ 139.62 Mn in 2023 and is
expected to exhibit a CAGR of 23.% over the forecast period 2023 to 2030.
The
Asia Pacific region currently dominates the market owing to rapid
industrialization and presence of key electronFlexible
hybrid electronics (FHE) combine the functionality of rigid printed circuit
boards with the form factor of thin, lightweight, and flexible materials. FHE
leverage both organic and printed electronics to enable new product designs and
functions not possible with rigid boards alone. Paper-thin surfaces with
seamlessly integrated sensors, memory, displays and more are made possible with
FHE materials like thin-film batteries, organic semiconductor layers,
stretchable conductors and molecular memory. This convergence of flexible
circuits, displays, energy storage and artificial intelligence on thin plastics
and fabrics opens new frontiers for wearables, implantables and countless other
applications. The global flexible hybrid electronics market is expanding
rapidly as companies across industries recognize the potential of digital
technology that can flex and stretch with our physical world.
The healthcare sector has been quick to adopt flexible hybrid electronics to
develop new categories of medical devices. From wearable health monitors that
can collect diagnostics non-invasively around the clock to implantable sensors
that heal and biodegrade inside the body over time, FHE is revolutionizing how
doctors monitor and treat patients. Future applications may see intelligent
wound dressings with embedded RFID tags communicating recovery progress or
flexible exoskeletons assisting rehabilitation. FHE even has potential to
transform surgical tools by enabling minimally invasive procedures
throughpaper-thin robotics.
The
global Flexible Hybrid Electronics Market is estimated to be valued at US$ 139.62 Mn in 2023 and is expected
to exhibit a CAGR of 23% over the
forecast period 2023 to 2030, as
highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the major trends in the flexible hybrid electronics market is the
adoption of printed electronics manufacturing techniques. Printing electronic
circuits using inkjet or screen printing offers significant advantages over
traditional manufacturing methods like lithography which require harsh
chemicals and high temperatures not compatible with flexible substrates.
Printed electronics allow fabrication of circuits over large areas on thin
plastic films at low cost. Companies are actively developing advanced printed
electronic materials like stretchable conductors, conductive inks made from
silver nanowires and organic semiconductors. Mass production using printing
techniques can scale flexible hybrid electronics for widespread
commercialization.
Porter's Analysis
Threat of new entrants: The threat of new entrants in the flexible hybrid
electronics market is low due to high investment costs required for R&D,
especially for developing electronic components that can withstand flexibility
and deformation.
Bargaining power of buyers: The bargaining power of buyers in the flexible
hybrid electronics market is moderate as the products are highly specialized in
nature requiring technical expertise.
Bargaining power of suppliers: The bargaining power of suppliers is moderate as
the key raw materials required are specialty chemicals whose supply depends on
a limited number of manufacturers.
Threat of new substitutes: The threat of substitutes is low as flexible hybrid
electronics provide unique advantages compared to conventional rigid printed
circuit boards.
Competitive rivalry: The competitive rivalry in the flexible hybrid electronics
market is high due to presence of multiple technology providers offering
differentiated products.
Key Takeaways
The
Global
Flexible Hybrid Electronics Market Demand is expected to witness high
growth over the forecast period of 2023 to 2030. The global Flexible Hybrid
Electronics Market is estimated to be valued at US$ 139.62 Mn in 2023 and is
expected to exhibit a CAGR of 23.% over the forecast period 2023 to 2030.
The
Asia Pacific region currently dominates the market owing to rapid
industrialization and presence of key electronic manufacturers. The regional
market is projected to grow at the fastest CAGR during the forecast period.
This can be attributed to presence of leading electronic goods manufacturers as
well as rising adoption of flexible electronics across industries including
consumer electronics, automotive and healthcare in countries like China, Japan
and South Korea.
Key players: Key players operating in the flexible hybrid electronics market
are Atlas Copco AB, Caterpillar, Inc., Hitachi Construction Machinery, Komatsu
Limited, Sandvik AB, Columbia Steel Casting Co., Inc., Doosan Corporation, USCO
S.p.A, Volvo AB, and MB America, Inc. The market players are focused on new
product launches, partnerships and expansion strategies to gain a competitive
edge in the market.
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more insights on this topic:
Key players: Key players operating in the flexible hybrid electronics market
are Atlas Copco AB, Caterpillar, Inc., Hitachi Construction Machinery, Komatsu
Limited, Sandvik AB, Columbia Steel Casting Co., Inc., Doosan Corporation, USCO
S.p.A, Volvo AB, and MB America, Inc. The market players are focused on new
product launches, partnerships and expansion strategies to gain a competitive
edge in the market.
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more insights on this topic:
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