NORTH AMERICA FLEXIBLE ELECTRONICS MARKET FORECAST 2023-2032
SCOPE OF THE REPORT
North America Flexible Electronics Market by Component (Flexible Display, Flexible Memory, Flexible Sensor, Flexible Battery, Flexible Photovoltaics) Market by Application (Consumer Electronics, Medical & Healthcare, Aerospace & Defense, Automotive, Energy & Power, Other Applications) by Geography
REPORTS » INFORMATION TECHNOLOGY » CONSUMER TECHNOLOGY » NORTH AMERICA FLEXIBLE ELECTRONICS MARKET FORECAST 2023-2032
MARKET OVERVIEW
The North America flexible electronics market is projected to progress with a CAGR of 8.06% over the forecasted years of 2023 to 2032, acquiring a revenue share of $23698.77 million by 2032.
The region’s market growth is mainly attributed to key factors such as the considerable precompetitive research and development (R&D) in the rapidly emerging field of flexible electronics, in addition to the presence of a prominent marketspace for smartphones as well as smart wearable technology. However, the North America flexible electronics market growth will likely be hampered due to tensions between the United States and China, resulting in electronics supply chain disruptions.

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The North America flexible electronics market growth evaluation entails the assessment of the United States and Canada. The United States economy is one of the largest as well as the most advanced tech industries globally. Moreover, the country is also among the major global industries for flexible electronics. As per projections, the United States market for flexible electronics is set to have a significant growth rate, primarily due to the presence of a robust technology innovation ecosystem. Government support is also a key aspect of the country’s flexible electronics arena, with the United States federal administration supporting various activities and programs of the Defense Advanced Research Projects Agency (DARPA), Department of Energy (DOE), and National Science Foundation (NSF), among others.Â
Conversely, the United States government also supports a manufacturing hub termed NextFlex for the development of flexible hybrid devices (FHDs). The consortium of 162 companies, non-profit organizations, and academic institutions, as well as local, state, and federal government representatives, are mainly focused on the production and development of FHDs. These devices are being designed and manufactured to be attached to objects of virtually any size and shape, in addition to being stretched across buildings and objects. As a result, these factors are anticipated to play an essential role in fueling the North America flexible electronics market growth during the forecast period.Â
The North America flexible electronics market is segmented into component and application. The component segment includes flexible display, flexible memory, flexible sensor, flexible battery, and flexible photovoltaics. A flexible display is characterized as a visual output surface designed to be capable of withstanding being folded, twisted, and bent. Typically, screens that utilize flexible displays are made of OLED displays. Flexible displays are also becoming highly prevalent across the realm of foldable technology, like in smartphones, designed to be folded or closed like a book.Â
On the other hand, the design of flexible memory aims to have swift access to compressed memory blocks, flexible structure for future extension, high utilization of memory capacity, as well as added reliability. The design also uses a page structure, enabling arbitrary sizes for each memory block while maintaining higher efficiency. Additionally, the header stores the sizes and offsets of all its memory blocks on every page.
The top firms operating in the North America flexible electronics market are Sony Corporation, LG Electronics Inc, Blue Spark Technologies, etc.
Blue Spark Technologies, headquartered in the United States, supplies and manufactures thin disposable printed battery solutions. The company also provides printed carbon-zinc batteries, catering to system integrators as well as product design engineers across industrial applications. These include pharmaceutical, chemical, food and beverage, medical diagnostics, and healthcare.
REPORT SYNOPSIS
REPORT SCOPE | DETAILS |
---|---|
Market Forecast Years | 2023-2032 |
Base Year | 2022 |
Market Historical Years | 2018-2022 |
Forecast Units | Revenue ($ Million) |
Segments Analyzed | Component and Application |
Countries Analyzed | The United States and Canada |
Companies Analyzed | Fujikura Ltd, Japan Display Inc, Konica Minolta Inc, AGC Inc, Sumitomo Corporation, Sony Corporation, LG Electronics Inc, AU Optronics Corporation, Samsung Electronics Co Ltd, Flex Ltd, Blue Spark Technologies, Flexpoint Sensor Systems Inc, Imprint Energy Inc, E Ink Holdings Inc, Thin Film Electronics ASA |
TABLE OF CONTENT
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RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
-
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- SCOPE OF STUDY
- CRISIS SCENARIO ANALYSIS
- IMPACT OF COVID-19
- MAJOR MARKET FINDINGS
- SHIFT FROM HARD & RIGID ELECTRONICS BOXES TO SOFTER ELECTRONICS
- RAPID RISE OF WEARABLES ESSENTIAL FOR MARKET GROWTH
- ADVANCEMENTS IN MANUFACTURING INDUSTRY
-
MARKET DYNAMICS
- KEY DRIVERS
- GROWING DEMAND IN HEALTHCARE SECTOR
- NEED FOR COMPACT & COST-EFFECTIVE PRODUCTS
- ADVANCEMENTS IN FLEXIBLE DISPLAY
- INCREASING RESEARCH & DEVELOPMENT ACTIVITIES
- KEY RESTRAINTS
- COMPLEX ASSEMBLY PROCESSES
- WEAK ENCAPSULATION TECHNIQUES
- KEY DRIVERS
-
KEY ANALYTICS
- ANALYSIS OF TECHNOLOGY
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- GROWTH PROSPECT MAPPING
- MARKET CONCENTRATION ANALYSIS
- VALUE CHAIN ANALYSIS
- MATERIALS
- SUBSTRATES
- PACKAGING
- PROCESSING/ TESTING EQUIPMENT
-
MARKET BY COMPONENT
- FLEXIBLE DISPLAY
- OLED
- E-PAPER
- LCD
- FLEXIBLE MEMORY
- FLEXIBLE SENSOR
- PHOTO DETECTOR
- BIO SENSOR
- PIEZO RESISTIVE
- CMOS HYBRID SENSOR
- OTHER FLEXIBLE SENSORS
- FLEXIBLE BATTERY
- FLEXIBLE PHOTOVOLTAICS
- FLEXIBLE DISPLAY
-
MARKET BY APPLICATION
- CONSUMER ELECTRONICS
- MEDICAL & HEALTHCARE
- AEROSPACE & DEFENSE
- AUTOMOTIVE
- ENERGY & POWER
- OTHER APPLICATIONS
-
GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- MARKET SIZE & ESTIMATES
- NORTH AMERICA FLEXIBLE ELECTRONICS MARKET DRIVERS
- NORTH AMERICA FLEXIBLE ELECTRONICS MARKET CHALLENGES
- NORTH AMERICA FLEXIBLE ELECTRONICS MARKET REGULATORY FRAMEWORK
- KEY PLAYERS IN NORTH AMERICA FLEXIBLE ELECTRONICS MARKET
- COUNTRY ANALYSIS
- UNITED STATES
- UNITED STATES FLEXIBLE ELECTRONICS MARKET SIZE & OPPORTUNITIES
- CANADA
- CANADA FLEXIBLE ELECTRONICS MARKET SIZE & OPPORTUNITIES
- UNITED STATES
- NORTH AMERICA
-
COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- AGC INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- AU OPTRONICS CORPORATION
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- BLUE SPARK TECHNOLOGIES
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- E INK HOLDINGS INC
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES
- FLEX LTD
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- FLEXPOINT SENSOR SYSTEMS INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- FUJIKURA LTD
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- IMPRINT ENERGY INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- JAPAN DISPLAY INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- KONICA MINOLTA INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- LG ELECTRONICS INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- SAMSUNG ELECTRONICS CO LTD
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- SONY CORPORATION
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- SUMITOMO CORPORATION
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- THINFILM ELECTRONICS ASA
- COMPANY OVERVIEW
- PRODUCTS LIST
- AGC INC
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – FLEXIBLE ELECTRONICS
TABLE 2: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY COMPONENT, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 4: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE DISPLAY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE DISPLAY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE SENSOR, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE SENSOR, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 10: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 12: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET REGULATORY FRAMEWORK
TABLE 13: KEY PLAYERS OPERATING IN NORTH AMERICA FLEXIBLE ELECTRONICS MARKET
TABLE 14: LIST OF MERGERS & ACQUISITIONS
TABLE 15: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 16: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 17: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURESÂ
FIGURE 1: COMPONENTS OF FLEXIBLE ELECTRONICS
FIGURE 2: KEY MARKET TRENDS
FIGURE 3: PORTER’S FIVE FORCES ANALYSIS
FIGURE 4: GROWTH PROSPECT MAPPING FOR UNITED STATES
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2022
FIGURE 8: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE DISPLAY, 2023-2032 (IN $ MILLION)
FIGURE 9: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, GROWTH POTENTIAL, BY FLEXIBLE DISPLAY, IN 2022
FIGURE 10: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY OLED, 2023-2032 (IN $ MILLION)
FIGURE 11: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY E-PAPER, 2023-2032 (IN $ MILLION)
FIGURE 12: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY LCD, 2023-2032 (IN $ MILLION)
FIGURE 13: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE MEMORY, 2023-2032 (IN $ MILLION)
FIGURE 14: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE SENSOR, 2023-2032 (IN $ MILLION)
FIGURE 15: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, GROWTH POTENTIAL, BY FLEXIBLE SENSOR, IN 2022
FIGURE 16: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY PHOTO DETECTOR, 2023-2032 (IN $ MILLION)
FIGURE 17: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY BIO SENSOR, 2023-2032 (IN $ MILLION)
FIGURE 18: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY PIEZO RESISTIVE, 2023-2032 (IN $ MILLION)
FIGURE 19: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY CMOS HYBRID SENSOR, 2023-2032 (IN $ MILLION)
FIGURE 20: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY OTHER FLEXIBLE SENSORS, 2023-2032 (IN $ MILLION)
FIGURE 21: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE BATTERY, 2023-2032 (IN $ MILLION)
FIGURE 22: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE PHOTOVOLTAICS, 2023-2032 (IN $ MILLION)
FIGURE 23: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 24: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY CONSUMER ELECTRONICS, 2023-2032 (IN $ MILLION)
FIGURE 25: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY MEDICAL & HEALTHCARE, 2023-2032 (IN $ MILLION)
FIGURE 26: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY AEROSPACE & DEFENSE, 2023-2032 (IN $ MILLION)
FIGURE 27: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY AUTOMOTIVE, 2023-2032 (IN $ MILLION)
FIGURE 28: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY ENERGY & POWER, 2023-2032 (IN $ MILLION)
FIGURE 29: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, BY OTHER APPLICATIONS, 2023-2032 (IN $ MILLION)
FIGURE 30: NORTH AMERICA FLEXIBLE ELECTRONICS MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 31: UNITED STATES FLEXIBLE ELECTRONICS MARKET, 2023-2032 (IN $ MILLION)
FIGURE 32: CANADA FLEXIBLE ELECTRONICS MARKET, 2023-2032 (IN $ MILLION)
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