Europe Stretchable Electronics Market Segmented By Component (Electroactive Polymers (EAPs), Stretchable Conductors, Stretchable Batteries, Stretchable Circuits, Photovoltaics), By Application (Consumer Electronics, Healthcare, Textile, Automotive, Others), By Country, Competition Forecast and Opportunities, 2028 2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEurope Stretchable Electronics Market Segmented By Component (Electroactive Polymers (EAPs), Stretchable Conductors, Stretchable Batteries, Stretchable Circuits, Photovoltaics), By Application (Consumer Electronics, Healthcare, Textile, Automotive, Others), By Country, Competition Forecast and Opportunities, 2028 2028
During the projected period, the Europe Stretchable Electronics Market is expected to expand because the Internet of Things (IoT) is growing, smart electronics are getting more well-liked, and investments are increasing in stretchable electronics. These are the primary factors that are anticipated to fuel the market for stretchable electronics during the anticipated time.
The use of stretchable electronic circuits on stretchable substrates in a stretchable material, such as silicone or polyurethane, to construct electronic devices is known as stretchable electronics, also known as elastic circuits/electronics. It is a revolutionary type of electronics that is projected to open up a wide range of new applications, including sponge-like in-vivo implantable electronics and robotic devices with cyber skins that have a network of sensors and flesh-like devices with embedded electronic nervous systems.
Growth of Internet of Things (IoT)
The Internet of Things (IoT) has a broad vision of connecting every single object in Europe to form one network. Stretchable electronic devices, including RFIDs, sensors, memory devices, displays and power sources, are considered to be the technological basis of the IoT. The development of stretchable electronic devices has been extremely rapid in the last decade. For instance, to address the growing concerns behind sun exposure as well as to educate consumers, L’Oréal has designed a wearable patch that monitors UV exposure. Moreover, stretchable electronics are becoming almost synonymous with many emerging applications in the IoT such as agriculture, health care, and structural health monitoring. Other types of stretchable electronics devices are essential to the IoT, especially in wearable gadgets, such as fitness bands and smartwatches. Therefore, with the rising IoT, the demand for stretchable electronics is likely to increase in the coming years.
Download Free Sample ReportRising Demand for Consumer Devices
Stretchable electronics are commonly utilised in mobile phones, tablets, PCs, wearables, televisions, and other consumer electronics because they are affordable, reliable, and flexible. Such devices use stretchable displays to conserve space while also thinning and lightening them. The two primary types of displays used are stretchable organic light-emitting diodes and flexible organic liquid crystal displays. Furthermore, the need for stretchable electronics is growing in step with the rising demand for consumer electronics. Despite a drop in smartphone shipments due to the COVID-19 epidemic, the smartphone and wearable devices market is expected to recover quickly with such technology.
Continuous Technological Development
Many major companies of Europe in the industry are investing heavily in R&D to continuously develop their products. For instance, together with Intel, Samsung Electronics Co. Ltd. is working to transform a 5G standalone core into a new service-based architecture that will improve the internet of things, ultra-reliable low latency communications, and mobile broadband. The company anticipates that its highly adaptable and scalable design would enable the delivery of 5G services more quickly and affordably. A foldable gadget featuring a hinge mechanism that makes use of moveable flaps to assist protect the display from being scratched or damaged when folded was given a patent by Apple Inc. in 2020. By means of these developments major companies of Europe are encouraging to harness the benefits of stretchable technology. The continuous technological development in the stretchable electronics industry is expected to create lucrative opportunities for players in the stretchable electronics market.
Market Segments
Europe Stretchable Electronics Market is segmented into by component, by application, and by country. Based on component, the market is segmented into electroactive polymers (EAP, stretchable conductors, stretchable batteries, stretchable circuits, and photovoltaics). Based on application, the market is segmented into Consumer Electronics, healthcare, textile, automotive, and others.
Market Players
Recent Developments
- For instance, astrategic partnership between Pragmatic Semiconductor and Smooth & SharpCorporation (S&S), a provider of RFID manufacturing tools, was announced inNovember 2018. According to estimates, the company will gain a competitive edgeas flexible integrated circuits from Pragmatic Semiconductor are more widelyused (FlexICs).
- The purpose ofthe Europe Framework Programs is to foster research across Europe by sponsoringtechnical advancement. The Europe Framework Program (EFP) addresses thedevelopment of Organic Light-Emitting Diode (OLED) technology, which has severalapplications in the field of flexible electronics, including lighting systemsand displays.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | By Component By Application By Country |
| Country scope | Germany, Spain, Russia, Switzerland, Denmark, Sweden, Italy, United Kingdom, France, Belgium, Rest of Europe |
| Key companies profiled | Tacterion GmbH, DuPont de Nemours International Sarl, Fine, Line Circuits Limited, WISE S.r.l., Bainisha CVBA, Express, Circuits Group, Interuniversitair Micro-Electronica Centrum, VZW, LEAP Technology ApS, Enfucell Flexible Electronics Co. Ltd., E Ink Holdings |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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