Japan Flexible Electronics Market Size, Share, and COVID-19 Impact Analysis, By Type (Flexible Printed Circuits and Rigid-Flexible), By Application (Monitoring, Sensing, Lighting, Display, Storage, and Others), and Japan Flexible Electronics Market Insights, Industry Trend, Forecasts to 2033.

Japan Flexible Electronics Market Insights Forecasts to 2033

• The Japan Flexible Electronics Market Size is Growing at a CAGR of 9.65% from 2023 to 2033
• The Japan Flexible Electronics Market Size is Expected to hold a significant share by 2033

The Japan Flexible Electronics Market is Anticipated to hold a significant share by 2033, growing at a CAGR of 9.65% from 2023 to 2033.

Market Overview

The creation and use of flexible electronic devices and components are included in the Japan flexible electronics market. Japan's technological know-how, innovative manufacturing environment, and significant presence in the consumer electronics and automotive industries are driving the country's flexible electronics market's rapid expansion. Japan has emerged as a significant force in the global flexible electronics market due to its sophisticated manufacturing skills and excellent production standards. Growing customer demand for lighter, more adaptable, and energy-efficient products that satisfy contemporary demands is fueling the market's expansion. Furthermore, with flexible electronics being incorporated into infotainment systems, advanced driver-assistance systems (ADAS), and energy-efficient lighting, the need for such cutting-edge products is also rising in Japan's automotive industry. Integrating flexible electronics is becoming essential for improving performance, safety, and user experience as the Japanese automobile industry moves toward electric and driverless vehicles.

Report Coverage

This research report categorizes the market for the Japan flexible electronics market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan flexible electronics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan flexible electronics market.

Driving Factors

The growing use of IoT technologies like robotics, smart cities, and artificial intelligence is driving up demand for flexible electronics in Japan. Additionally, the nation leads the global market for climate-friendly vehicles, such as electric or gasoline hybrids. According to the Japan Automobile Dealers Association (JADA), 4 million new electric vehicles were sold in 2020, accounting for more than 36% of all new car sales. This indicates that the Japanese government is actively aiming to make all new cars ecologically friendly. These factors are therefore anticipated to contribute to the expansion of the flexible electronics market in Japan during the course of the forecast years. Additionally, the growing demand for strong medical care, particularly for the elderly population, the government's initiatives to encourage innovation, and the growing use of wearable technology are some of the major factors expected to propel the growth of the Japanese flexible electronics market over the forecast period.

Restraining Factors

There are a number of obstacles that could hinder the expansion of the flexible electronics market in Japan. The intricate manufacturing procedures required to produce flexible electronics provide a major obstacle and may result in high initial costs.

Market Segmentation

The Japan flexible electronics market share is classified into type and application.

• The rigid-flexible segment is expected to hold a significant market share through the forecast period.

The Japan flexible electronics market is segmented by type into flexible printed circuits and rigid-flexible. Among these, the rigid-flexible segment is expected to hold a significant market share through the forecast period. Devices that incorporate both flexible and rigid components are referred to as rigid flexible electronics because they can bend or fold in particular places while yet remaining structurally stable overall.

• The display segment is expected to dominate the Japan flexible electronics market during the forecast period.       

Based on the application, the Japan flexible electronics market is divided into monitoring, sensing, lighting, display, storage, and others. Among these, the display segment is expected to dominate the Japan flexible electronics market during the forecast period. This is because of its capacity to implement dynamic and inventive screens that are curved, foldable, and rollable, providing electronic device designers with creative versatility. Display technology's versatility has made it possible to create stylish, portable devices with improved user experiences.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan flexible electronics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Murata Manufacturing
• Nippon Mektron
• Panasonic Corporation
• Fujikura Ltd.
• LG Electronics, Inc.
• Samsung Electronics Co., Ltd.
• Sumitomo Electric
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

• This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Flexible Electronics Market based on the below-mentioned segments

Japan Flexible Electronics Market, By Type

• Flexible Printed Circuits
• Rigid-Flexible

Japan Flexible Electronics Market, By Application

• Monitoring
• Sensing
• Lighting
• Display
• Storage
• Others