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Whereas, increasing competition from non stretchable electronics products, lack of innovative and new devices will hinder the market growth.
North America has the leading market for stretchable electronics and is expected to show high growth during forecast period with adoption of new technology. Asia pacific and Europe are the promising markets for stretchable electronics with emerging countries such as Germany, UK, China and India.
Global Stretchable Electronics market is segmented by component, by application and by geography. Depending on the component, market is segmented into conductor, battery, photovoltaic, circuit, and electro active polymer. Based on applications, market is categorized into healthcare, aerospace & defense, consumer electronics, textile, telecom and automotive electronics. Consumer electronics is further segmented into wearable devices, cosmetics, mobile devices, sports and other consumer products. Market by geography is segmented into North America, Europe, Asia Pacific, and Rest of the World.
The Key players in the market include, Philips, Power Film, DuPont, Adidas AG, 3M, PARC, Physical Optics Communication, Bodymedia, and MC10.
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