Flexible Electronics Global Market to Reach $89.2 Billion by 2030: ResearchAndMarkets

31 March 2023: ResearchAndMarkets.com has recently released its latest report on “Flexible Electronics: Global Strategic Business Report”.

The global market for Flexible Electronics estimated at US$22 Billion in the year 2022, is projected to reach a revised size of US$89.2 Billion by 2030, growing at a CAGR of 19.1% over the analysis period 2022-2030. Electronic Displays, one of the segments analyzed in the report, is projected to record a 18.5% CAGR and reach US$52.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Batteries segment is readjusted to a revised 23% CAGR for the next 8-year period. USA Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 22.9% CAGR

Flexible Electronics market in USA is estimated at US$3.8 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$40.5 Billion by the year 2030 trailing a CAGR of 22.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.5% and 15.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.7% CAGR.

www.researchandmarkets.com/r/rk9uec