Europe Flexible Electronics Market 2023-2030

Europe Flexible Electronics Market 2023-2030

MARKET OUTLOOK

Triton Market Research’s report suggests that the Europe flexible electronics market is estimated to witness progress at a compound annual growth rate of 9.08% during 2023-2030. Germany, Belgium, the United Kingdom, Italy, Poland, Spain, France, and the Rest of Europe are evaluated in the report.

France is actively positioning itself as a leader in the fight against climate change, particularly in sustainable mobility and transportation. To achieve this, the country is making significant advancements in electric and hydrogen-powered aircraft and vehicles. Additionally, the French government is prioritizing digital development in mobility 3.0, encompassing wireless communications, sensor technology, electronic payment, and traffic management. These strategic plans are expected to drive the adoption of flexible electronics across various applications, thereby driving the flexible electronics market.

The demand for flexible electronics in Italy is expected to be driven by various sectors, including electronics, technology-based transportation, healthcare, and automotive. Italy is particularly interested in developing smart roads using advanced technology. In this regard, the ANAS Smart Road project aims to integrate real-time information sharing and intelligent monitoring through IoT systems. These factors are thus expected to fuel the flexible electronics market across Italy.

COMPETITIVE OUTLOOK

The eminent enterprises in the flexible electronics market consist of Japan Display Inc, AGC Inc, Sumitomo Corporation, Sony Corporation, and Flex Ltd.