Asia-Pacific stretchable electronics market stood at around $ 1 million in 2017 and is forecast to grow at a staggering CAGR of more than 90% to reach $ 46 million by 2023. Key factors expected to drive the market include rising popularity of organic solar cells and stretchable bio-batteries, growing investments in soft robotics with touch sensitive e-skins and high and rising adoption of consumer electronic products across the region. In addition, rising need for portable renewable energy resources, growing population, and increasing demand for accurate and effective monitoring of physical conditions is anticipated to bolster growth in Asia-Pacific stretchable electronics market during forecast period.
Years considered for this report
Base Year2017
Estimated Year2018
Forecast Period2019-2023
Objective of the Study
- To define, classify and forecast Asia-Pacific stretchable electronics market on the basis of component, application and country.
- To analyze and forecast Asia-Pacific stretchable electronics market size.
- To assess the detailed market segmentation and forecast the market size by segmenting the stretchable electronics market into countries, namely – China, Japan, South Korea, India and Rest of Asia-Pacific.
- To identify the tailwinds and headwinds for Asia-Pacific stretchable electronics market.
- To identify the drivers and challenges for Asia-Pacific stretchable electronics market.
- To strategically profile leading players which are driving the innovation and technological advancements in Asia-Pacific stretchable electronics market.
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Some of the major players operating in Asia-Pacific stretchable electronics market are StretchSense Limited, Imec India Private Limited, Imec Tokyo, etc.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of stretchable electronics companies across the region. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research was able to include the providers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the offerings, distribution channels, and presence of all major stretchable electronics companies across the region.
Market Insights Research calculated Asia-Pacific stretchable electronics market size using a bottom-up approach,
Key Target Audience
- Stretchable Electronics OEMs, end users and other stakeholders
- Associations, organizations, forums and alliances related to stretchable electronics
- Government bodies such as regulatory authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as developers and partners and other stakeholders in the stretchable electronics market. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
