UK Flexible Electronics Market to see Huge Growth by 2029
UK flexible electronics market is estimated to grow considerably at a CAGR of around 16.0% during the forecast period. UK is among the largest economy in Europe, majorly owing to its trading power and financial businesses. The rising penetration of advanced feature smartphones, laptops, and TV in UK is setting up the positioning of flexible electronics in the consumer electronics sector. According to UK’s communications regulator, Ofcom, around two-third of the population in UK owned a smartphone in 2015. As per Ofcom, nearly 33% of the internet users have accepted that smartphone is the most important device for their on-going life. This, in turn, is anticipated to increase the trend for flexible electronics in UK, owing to increasing demand for thin, lightweight, and appropriate shaped smartphones.
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The British government has noticed the growing deployment of flexible electronics in future electronics products such as health monitoring devices, x-ray detectors, smartphones, and e-papers. The country is developing a capability in the flexible electronics industry, with the assisting of numerous public and private sector companies and research institutes and universities. There are several current activities being noticed in the field of flexible electronics in UK. The researchers of Cavendish Laboratory located at the University of Cambridge have demonstrated that conjugated polymer diodes have the ability of emitting light when they are electrically stressed.
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· Market Coverage
· Market number available for – 2023-2029
· Base year- 2022
· Forecast period- 2023-2029
· Segment Covered- By Source, By Product Type, By Applications
· Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
· Inc., and others
Market Segmentation
UK Flexible Electronics Market by Type of Component
o Flexible Display
o OLED
o E-paper
o LCD
o Flexible Battery
o Flexible Sensors
o Biosensors
o CMOS Hybrid Sensors
o Photo Detectors
o Piezo Resistive
o Flexible Memory
UK Flexible Electronics Market by Application
o Consumer Electronics
o Smartphone and Tablets
o Wearable Devices
o Television
o Others (Smart Cards)
o Healthcare
o Automotive
o Energy and Power
o Defense and Aerospace
o Others (Biometrics)
Company Profiles
o 3M Co.
o BASF SE
o Cymbet Corp.
o FlexEnable Ltd.
o Fujikura Ltd.
o General Electric Co.
o LG Electronics, Inc.
o PragmatIC
o Samsung Electronics Co., Ltd.
o Xerox Corp.
The Report Covers
- Comprehensive research methodology of the UK flexible electronics market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the UK flexible electronics market.
- Insights about market determinants which are stimulating the UK flexible electronics market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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