Covid-19 Impact on Stretchable Electronics market

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Covid-19 Impact on Stretchable Electronics market
Report-Forecast 2023
Stretchable Electronics Market Report- Forecast
2023
P a g e 1 Copyright 2017
Market Research Future.
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Stretchable Electronics Market Report- Forecast
2023
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Stretchable 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 stretchable
electronics market is expected to reach
approximately USD 763 million by 2023 growing at
a 64 CAGR over the forecast period 2017-2023
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Stretchable Electronics Market Report- Forecast
2023 Major Key Players Some of the key players
of Covid-19 Impact on Stretchable 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).
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Stretchable Electronics Market Report- Forecast
2023
Segmentation The Stretchable Electronics market
is differentiated by component and
application. By component, the stretchable
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.
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Stretchable Electronics Market Report- Forecast
2023
Regional Analysis Geographically, the
stretchable 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 Covid-19 Impact on
Stretchable 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 Covid-19
Impact on Stretchable Electronics market over the
forecast period. India, Japan, South Korea, and
China are the leading countries in the
stretchable electronics market. This is due to
the presence of a large number of electronics
and semiconductor manufacturers in the region.
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Stretchable Electronics Market Report- Forecast
2023
(Germany) are focusing on the
digital utilities transformation. P a g e
7 Copyright 2017 Market Research Future.