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Stretchable Electronics Market by Component, Application, Geography - Trends & Forecast to 2015-2023

Stretchable Electronics Market: Forecast until 2015

  • June 2015
  • 141 pages
  • ID: 3087076
In this report:
The overall value of stretchable electronics in telecom application is expected to reach to $##.## million by 2023, and is expected to grow at a rate of ##.##% between 2017 and 2023.
North American region is expected to see a decent future in development of medical devices, which will make a worth of $##.## thousand in 2020 and it is likely to reach $##,##.## thousand by 2023, at a CAGR of ##.##% between 2020 and 2023.


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The stretchable electronics market is still in its nascent stage as very few products have been commercialized including CHECKLIGHT by Reebok, while many products are anticipated to get commercialized by 2018 and 2019. This technology is capable of converting rigid electric components and devices into a stretchable and wearable form. The overall stretchable electronics market is anticipated to reach ~$911.4M by 2023, at a compound annual growth rate (CAGR) of 96.60 percent between 2015 and 2023. In terms of geography, North America continent recorded for the main market share of ~40% in 2014 as most of the research & growth activities are going on in the U.S.A, succeeded by EU. The main driving factor behind the rise of the said market is the presence of the main actors in the territory and the increasing usage of stretchable electronics in different applications.

The top players in the stretchable electronics market are adopting distinct strategies to expand and gain a strong position in this sector. As the number of established actors is gradually increasing in the overall marketplace, it has become imperative for market actors to benefit a competitive edge over the other firms. The top players adopted strategies including focusing on rigorous R&D activities to launch products in the said market together with, entering into strategic agreements, contracts, & alliances to compete in the stretchable electronics market.

The analysis offers a exhaustive insight into the current stretchable electronics market, and identifies main trends in the different segments of the market along with providing detailed quantitative and qualitative information. The document breaks down the overall stretchable electronics market based on component, application, and area. Moreover, it offers market size forecasts, and trend analysis with respect to the market's time-line. In-depth geographic insights with respect to main regions including North America, Asia-Pac, Europe (EU), and Rest of the globe have also been included in the market research.

The main players that are active in the overall stretchable electronics market are Koninklijke Philips N.V, Adidas AG, 3M, DuPont, BodyMedia, PARC, Cambrios, PowerFilm, Physical Optics Communication, and MC10.

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