Title: elastic electronics market
1elastic electronics market Report-Forecast 2023
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elastic electronics market Report- Forecast
2023
P a g e 1 Copyright 2017
Market Research Future.
2elastic electronics market Report- Forecast 2023
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3elastic electronics market Report- Forecast
2023 Summary Stretchable electronics, also known
as elastic circuits, is a burgeoning technology
for developing electronic circuits by embedding
the stretchable electronic devices and circuits
on extensible substrates or mounted on them in a
stretchable chemical compound material such as
silicones or polyurethanes. The stretchable
electronics can be developed by implementing the
chemical components used for rigid printed
circuit boards (PCBs). In 2016, La Roche-Posay,
the parent company of LOréal, launched My UV
Patch, the first stretchable electronic device
for mainstream consumers. My UV patch is
acquainted with near-field communication (NFC)
antenna along with a microchip, which sends
wireless signals to mobile devices. In addition
to it, the product also contains photosensitive
dyes that help to change color based on the
exposure to light. The global elastic electronics
market is expected to reach approximately USD 763
million by 2023 growing at a 64 CAGR over the
forecast period 2017-2023
4elastic electronics market Report- Forecast
2023 Major Key Players Some of the key players
of elastic electronics market include 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).
5elastic electronics market Report- Forecast 2023
Segmentation The elastic electronics market is
differentiated by component and application. By
component, the elastic electronics market is
sub-segmented as 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.
6elastic electronics market Report- Forecast 2023
Regional Analysis Geographically, the elastic
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 Global elastic 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 Global
elastic electronics market over the forecast
period. India, Japan, South Korea, and China are
the leading countries in the elastic electronics
market. This is due to the presence of a large
number of electronics and semiconductor
manufacturers in the region.
7elastic electronics market Report- Forecast
2023
(Germany) are focusing on the
digital utilities transformation. P a g e
7 Copyright 2017 Market Research Future.