Flexible Electronics Industry Overview
The global flexible electronics market size is expected to reach USD 54.07 billion by 2030, growing at a CAGR of 10.5% from 2023 to 2030, according to a recent report by Grand View Research, Inc. Increasing government spending on the healthcare industry to improve patient care, coupled with medical device manufacturer’s approach towards the introduction of smart products/implants that aid in real-time monitoring of patients, is anticipated to increase demand for flexible batteries and sensors, which is a major factor expected to drive the market growth.
The popularity of wearable devices such as smartwatches, fitness trackers, and smart clothing has significantly boosted the market. This growth is driven by the unique capabilities of flexible electronics, which allow for the development of lightweight and comfortable wearables that can seamlessly adapt to the contours of the human body, all while retaining their functional features. This trend has led to substantial advancements in various aspects of wearable technology, including sensors, displays, and power sources, ultimately shaping how we interact with and integrate technology into our daily lives.
Gather more insights about the market drivers, restrains and growth of the Flexible Electronics Market
Sensors can be seamlessly integrated into various types of clothing and accessories, enabling the collection of real-time data related to health, movement, and environment. For instance, smart clothing can incorporate flexible sensors to monitor heart rate, body temperature, and muscle activity. This innovation has led to more accurate and unobtrusive monitoring enabling, wearers to track their health and fitness levels more effectively. This increasing demand for sensors from the clothing industry is expected to support the growth of the market in the near future.
Browse through Grand View Research's Electronic Devices Industry Research Reports.
- The global barcode printers market sizewas estimated at USD 4,743.62 million in 2024 and is prjected to grow at a CAGR of 8.2% from 2025 to 2030.
- The global brushless DC motor market sizewas estimated at USD 20,990.5 million in 2024 and is expected to witness a CAGR of 6.8% from 2025 to 2030.
Flexible Electronics Market Segmentation
Grand View Research has segmented the global flexible electronics market based on component, application, and region:
Flexible Electronics Component Outlook (Revenue, USD Million, 2018 - 2030)
- Displays
- Batteries
- Sensors
- Memory Devices
- Others
Flexible Electronics Application Outlook (Revenue, USD Million, 2018 - 2030)
- Consumer Electronics
- Television
- Wearable Devices
- Smartphone
- Others
- Automotive
- Healthcare
- Industrial
- Others
Flexible Electronics Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- AE
- Saudi Arabia
- South Africa
Key Companies profiled:
- 3M
- E INK HOLDINGS INC
- First Solar
- General Electric
- ITN Energy Systems Inc.
- LG Electronics
- MFLEX
- Palo Alto Research Center LLC
- SAMSUNG
- SOLAR FRONTIER K.K.
Order a free sample PDF of the Flexible Electronics Market Intelligence Study, published by Grand View Research.