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Press Release / Blogging & Social Media / stretchable and conformal electronics market is expected to reach $478.9 million by 2025

stretchable and conformal electronics market is expected to reach $478.9 million by 2025

By Lucintel on August 03 2017 | 212 Views

The global stretchable and conformal electronics market is expected to reach an estimated $478.9 million by 2025 and is forecast to grow at a CAGR of 89% from 2017 to 2025.

According to a new market report published by Lucintel, the future of the stretchable and conformal electronics market looks attractive with opportunities in the consumer electronics, healthcare, automotive, aerospace and defense, and textiles industries. The global stretchable and conformal electronics market is expected to reach an estimated $478.9 million by 2025 and is forecast to grow at a CAGR of 89% from 2017 to 2025. The major growth drivers for this market are increasing usage of stretchable and conformal electronics products in the healthcare, consumer electronics, and textiles markets.

In this market, stretchable circuits, stretchable conductors, electroactive polymers, stretchable batteries, and stretchable photovoltaics are used to manufacturer stretchable electronic devices. Lucintel forecasts that the stretchable conductor market is expected to remain the largest and is also expected to witness the highest growth over the forecast period supported by growing demand in the consumer electronics, healthcare, aerospace, and automotive markets...Read more
http://www.lucintel.com/stretchable-and-conformal-electronics-market.aspx



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