Europe Flexible Electronics Market Forecast 2023-2032
KEY FINDINGSThe Europe flexible electronics market is projected to record a CAGR of 8.82% across the forecasting period of 2023 to 2032. The regional market’s growth is credited to the rapidly-developing automotive industry, coupled with the increasing need for connected vehicles as well as autonomous vehicles, and the rising demand for smart wearables and consumer electronics.
MARKET INSIGHTSThe Europe flexible electronics market growth study entails an in-depth examination of Italy, Spain, the United Kingdom, Germany, France, Belgium, Poland, and Rest of Europe. Germany has a sophisticated and innovative printing industry, which is a major asset for manufacturing processes. Also, the nation has an array of competent public research organizations like the Max Planck Institutes and Fraunhofer Gesellschaft. Moreover, large-scale efforts, like manufacturing capabilities, to develop flexible electronics and advanced organic electronics further benefits market growth.
Conversely, in Belgium, various companies are engaged in the distribution of flexible displays. For example, SOFAR, headquartered in Brussels, supplies the Flex-Display and Lumalie display systems. Moreover, companies are also collaborating with other firms to increase the flexible electronics growth in the country’s healthcare sector.
On the other hand, the Spanish government’s approval for an energy storage strategy will place the country in a leading position and move towards its 2050 neutrality target. It encompasses policies such as the promotion of green hydrogen, eliminating administrative barriers to enable new projects, new research and development efforts, and the creation of new business models. Hence, these aspects are set to further promote the Europe flexible electronics market growth during the forecast period.
COMPETITIVE INSIGHTSThe top firms operating in the market are LG Electronics Inc, Samsung Electronics Co Ltd, Sony Corporation, etc.
Our report offerings include:• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments