Flexible Hybrid Electronics (FHE) Market - Growth, Trends, COVID-19 Impact, andPosted by Statzy Market Research on April 9th, 2021 Hybrid electronics combine the flexibility, lightweight nature, thinness, and of large-area electronics with the processing power of semiconductors to open a broad range of new applications across different end-use applications, such as the Internet of Things (IoT), smart buildings, healthcare, product packaging, retail, and consumer electronics. - Flexible hybrid electronics are also helping product designers in a new way to use sensors to collect data and deliver actionable insights that enhance functioning. The growing development and innovations in the studied market are expected to revolutionize the electronics Industry. With the advent of the IoT, flexible hybrid electronics will provide massive opportunities to develop and integrate smart systems and devices for low-cost, everyday use. Like automotive, military, aerospace, healthcare, and displays, industries are utilizing flexible and hybrid sensors and wearables in their products. - The advancements in the semiconductor industry are also bringing advancement in the development process of FHE. The market is also witnessing MEMS integrated with FHE devices, which will be ideal for the rapid design and deployment of data-gathering sensor nodes that can be utilized for specific applications. A few examples include medical pressure sensors for monitoring blood pressure, on-body health monitoring devices for bio-fluids analysis and peel-and-stick sensors nodes for infrastructure monitoring. - The government is also playing a significant role in the development of the flexible hybrid electronics market. It is not only generating awareness but also motivating enterprises, through public-private partnerships, investing in the research and development (R&D) and commercialization of the technology. - However, the market is in its infancy, with a very limited number of manufacturers having commercialized their products. Products from a majority of the players developing this technology are in their R&D phase. Moreover, the market has not seen any significant investment from any of the major players, due to which the progress in developing a mass adoptable product has not materialized. Further, due to the outbreak of COVID-19, there is a disruption in the electronics industry's supply chain- thereby challenging the market growth.
- Healthcare is the strongest flexible hybrid electronics segment, where performance is of the highest value, and reliability is of utmost importance. Healthcare monitoring is catering to every person's welfare, which includes real-time monitoring of the effects of treatment, early diagnosis of diseases, therapy, and the general monitoring of people's health conditions. - Thus, wearable electronic devices gain more attention because of their seamless interaction with the human body to achieve objectives, such as monitoring heart rate, motion, wrist pulse, blood pressure, intraocular pressure, and identifying other health-related conditions. - FHE's use in the health performance tool is not just limited to living things, as these can be used for structural health status inquiry. The development in the market depends on the level of information exchange among the supply chain members. - For the wearable and implantable sensors, the device's flexibility and stretchability are often limited by the physical limitations of the sensing material, as these materials are significantly more rigid than substrate materials. - The Asia-pacific region has the most advanced and proficient technical approach to designing and manufacturing devices for fast-growing markets, including IoT, environmental sensing, wearable applications, flexible displays, and others. - Manufactures in the region are now capable of producing control circuits or active sensors through FHE that are lightweight, low-cost, faster to market, and can conform to the curves of a human body or product structure, making it more desirable. Such traits of the product make it more attractive for applications primarily in health monitoring. - Mar 2019 - DuPont Electronics and Imaging announced plans to spend USD 220 million on expanding capacity for its polyimide (PI) film and flexible circuit materials, sold under Kapton's respective trademarks Pyralux. The expanded capacity at the company's Circleville site in the US state of Ohio is expected to be operational by 2021. For sample report please visit : https://www.statzyreports.com/report/sr497208/flexible-hybrid-electronics-fhe-market
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