Flexible Electronics and Circuit Market Report 2025

This Flexible Electronics and Circuit 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 electronics and circuit market size has grown rapidly in recent years. It will grow from $34.02 billion in 2024 to $37.6 billion in 2025 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to demand for foldable displays, the emergence of flexible sensors, the shift towards 5g networks, the adoption of flexible printed circuit boards, and environmental concerns.

The flexible electronics and circuit market size is expected to see rapid growth in the next few years. It will grow to $55.38 billion in 2029 at a compound annual growth rate (CAGR) of 10.2%. 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, 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, advancements in flexible sensor technology.

The increasing demand for consumer electronic devices is poised to drive the expansion of the flexible electronics and circuit market. Consumer electronic devices, encompassing smartphones, laptops, tablets, and smartwatches, cater to personal entertainment, communication, and productivity needs. The surge in technology integration into daily life, alongside advancements such as IoT and AI, fuels the growing appetite for these devices. Flexible electronics and circuits play a pivotal role in consumer electronics, facilitating sleeker designs, heightened portability, and enhanced durability through their ability to bend and stretch without compromising performance or functionality. For example, in May 2023, as reported by the Japan Electronics and Information Technology Industries Association, electronic equipment production in Japan surged to $4.91 billion (¥771,457 million), with consumer electronics production reaching $204.67 million (¥32,099 million) compared to $161.12 million (¥25,268 million) in May 2022. This underscores the driving force of consumer electronic demand on the flexible electronics and circuit market's growth trajectory.

Key players in the flexible electronics and circuit market are directing their efforts towards advancing flexible circuit production processes to stimulate revenue growth. These processes involve manufacturing techniques that yield flexible printed circuit boards (PCBs) boasting intricate designs, heightened reliability, and superior performance characteristics. For instance, in April 2024, Ennovi, a Singapore-based provider of mobility electrification solutions, launched a novel Flexible Cut Circuit (FDC) technology designed for manufacturing flexible circuits used in low-voltage signal applications for electric vehicle (EV) battery cell contact systems. This pioneering method provides a more economical and environmentally sustainable alternative to conventional flexible printed circuits (FPCs). The FDC technology streamlines the manufacturing process, enabling faster continuous production and immediate copper recycling, enhancing its eco-friendliness and efficiency.

In February 2024, Extel Technologies, an Australia-based company specializing in electronic product design, manufacturing, and repair, acquired Synergetics Manufacturing Inc. for an undisclosed amount. This acquisition represents a significant milestone for Extel, expanding its footprint in the USA and strengthening its leadership in advanced electronics solutions worldwide. Synergetics Manufacturing Inc. is a US-based manufacturer of flexible electronics.

Major companies operating in the flexible electronics and circuit market are Samsung Electronics Co Ltd, Panasonic Corporation, Jabil Inc., Flex Ltd, BOE Technology Group Co Ltd, LG Display Co Ltd, TDK Corporation, DuPont de Nemours Inc., Toppan Printing Co Ltd, AU Optronics Corporation, Konica Minolta Inc., Japan Display Inc., Royole Corporation, PragmatIC Semiconductor Ltd, CLEARink Displays Inc., Blue Spark Technologies Inc., Plastic Logic Limited, XENON Corporation, Ynvisible Interactive Inc., BeBop Sensors Inc., C3Nano Inc., MC10 Inc., Polyera Corporation, Imprint Energy Inc.

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

Flexible electronics and circuits are electronic components and systems capable of bending, stretching, or adapting to different shapes while maintaining their functionality. These technologies leverage flexible substrates such as plastics or polymers, enabling their use in wearable devices, medical implants, foldable displays, and flexible sensors.

The primary categories of flexible electronics and circuits include organic light-emitting diode (OLED) and liquid crystal display (LCD) screens, printed sensors, batteries, thin-film photovoltaics, and organic light-emitting diode lighting. OLED and LCD displays consist of screens made from organic materials or liquid crystals that emit light. Flexible electronics encompass flexible displays and circuits, which can be single-sided, multilayer, double-sided, or rigid, and find applications across various industries such as military, defense, aerospace, automotive, consumer electronics, industrial, healthcare, medical, energy, power, and others.

The flexible electronics and circuit market research report is one of a series of new reports that provides flexible electronics and circuit market statistics, including flexible electronics and circuit industry global market size, regional shares, competitors with a flexible electronics and circuit market share, detailed flexible electronics and circuit market segments, market trends and opportunities, and any further data you may need to thrive in the flexible electronics and circuit industry. This flexible electronics and circuit 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.

The flexible electronics and circuit market consists of sales of flexible electronic skin (e-skin), radio-frequency identification tags, flexible solar cells, flexible batteries, and flexible printed circuit boards. 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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