Flexible Hybrid Electronics Market Report 2025

This Flexible Hybrid Electronics market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The flexible hybrid electronics market size has grown rapidly in recent years. It will grow from $0.12 billion in 2024 to $0.14 billion in 2025 at a compound annual growth rate (CAGR) of 14.7%. The growth in the historic period can be attributed to the demand for foldable displays, the emergence of flexible sensors, the shift towards 5G networks, and the adoption of flexible printed circuit boards.

The flexible hybrid electronics market size is expected to see rapid growth in the next few years. It will grow to $0.24 billion in 2029 at a compound annual growth rate (CAGR) of 14.4%. The growth in the forecast period can be attributed to supply chain resilience and localization, government initiatives and regulations, expansion of the aerospace and defense sector, increased investment in research and development, and miniaturization of electronic devices. Major trends in the forecast period include advancements in printed electronics, rapid growth in Internet of Things (IoT) applications, advancements in flexible display technologies, technological convergence, and advancements in flexible sensor technology.

The growing production of automobiles is expected to drive the expansion of the flexible hybrid electronics market in the coming years. Automobiles, which include both electric and internal combustion engine vehicles designed for use on public roads, are seeing increased production due to rising global demand, technological innovations, and market growth in emerging regions. Flexible hybrid electronics in vehicles improve design adaptability, allowing for the integration of lightweight and flexible electronic systems that enhance vehicle performance and functionality. For example, in January 2024, the European Automobile Manufacturers' Association (ACEA) reported that the EU car market grew by 13.9% in 2023, with sales reaching 867,052 units, totaling 10.5 million vehicles for the year. Notable markets such as Italy, Spain, and France saw significant growth, while Germany experienced a more modest increase of 7.3%. As a result, the rising production of automobiles is fueling the growth of the flexible hybrid electronics market.

Leading companies in the flexible electronics and circuit market are prioritizing the development of advanced flexible circuit production processes to drive revenue growth. Advanced flexible circuit production processes encompass manufacturing techniques that yield flexible printed circuit boards (PCBs) featuring intricate designs, high reliability, and superior performance characteristics. For instance, in April 2024, Ennovi, a Singapore-based provider of mobility electrification solutions, introduced Flexible Cut Circuit (FDC) technology tailored for manufacturing flexible circuits utilized in low-voltage signal applications for electric vehicle (EV) battery cell contact systems. This innovative technology offers a more cost-effective and environmentally sustainable alternative to conventional flexible printed circuits (FPCs). FDC technology streamlines the manufacturing process, enabling faster continuous production and immediate copper recycling, thereby enhancing eco-friendliness and efficiency.

Major companies operating in the flexible hybrid electronics market are making significant investments to reinforce their market position. Investment in flexible hybrid electronics involves allocating funds or capital toward the development, production, or utilization of electronic systems combining flexible substrates with rigid components for diverse applications. For instance, in December 2022, NextFlex, a US-based electronics manufacturer, announced securing over $8 million in funding for Flexible Hybrid Electronics (FHE) innovations. This funding will support projects aimed at advancing hybrid electronics manufacturing, particularly in advanced semiconductor packaging and environmental sustainability. The grant, involving contributions from various stakeholders, will be directed toward projects addressing critical manufacturing challenges and developing environmentally sustainable electronics manufacturing processes.

In February 2024, Extel Technologies, an Australian company specializing in electronic product design, manufacturing, and repair, acquired Synergetics Manufacturing Inc. for an undisclosed sum. This acquisition marks a significant milestone for Extel, allowing the company to broaden its footprint in the United States and strengthen its position as a global leader in advanced electronics solutions. Synergetics Manufacturing Inc., based in the United States, is known for its production of flexible electronics.

Major companies operating in the flexible hybrid electronics market are Samsung Electronics Co Ltd., Panasonic Corporation, Jabil Inc., Flex Ltd., LG Display Co Ltd, Du Pont De Nemours and Company, AU Optronics Corporation, E Ink Holdings Inc., Royole Corporation, Pragmatic Semiconductor, Brewer Science Inc., NovaCentrix, Blue Spark Technologies Inc., Plastic Logic Limited, XENON Corporation, Ynvisible Interactive Inc., BeBop Sensors Inc., C3Nano Inc., Ares Materials Inc., MC10 Inc., Powercast Corporation, Canatu Oy, Polyera Corporation, American Semiconductor Inc., Imprint Energy Inc.

Flexible hybrid electronics (FHE) are electronic devices crafted on flexible substrates, merging rigid and flexible components. They facilitate the creation of lightweight, conformable, and stretchable electronics suitable for a wide array of applications, from wearable devices to IoT sensors. FHE transforms the electronics landscape by offering lightweight, durable, and customizable solutions capable of conforming to irregular shapes and surfaces.

The primary structure types of flexible hybrid electronics include rigid-flex circuits, multilayer flex circuits, double-sided flex circuits, single-sided flex circuits, among others. Rigid-flex circuits combine rigid and flexible substrates bonded together to form a circuit board capable of bending and flexing without damage. These circuits find utility in various applications such as displays, batteries, thin-film photovoltaics, printed sensors, organic light-emitting diode lighting, and more, across diverse sectors including industrial, consumer electronics, automotive, military and defense, aerospace, among others.

The flexible hybrid electronics market research report is one of a series of new reports that provides flexible hybrid electronics market statistics, including flexible hybrid electronics industry global market size, regional shares, competitors with a flexible hybrid electronics market share, detailed flexible hybrid electronics market segments, market trends and opportunities, and any further data you may need to thrive in the flexible hybrid electronics industry. This flexible hybrid electronics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

North America was the largest region in the flexible hybrid electronics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flexible hybrid electronics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the flexible hybrid electronics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The flexible hybrid electronics market consists of sales of sensors, actuators, smart textiles, and flexible displays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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