The future of the world's electronics is flexible, stretchable and thin. The emerging area of flexible hybrid electronics (FHE) combines low-cost, printed plastic film substrates with semiconductor chips to create devices that can be bent, rolled, and folded into novel shapes to meet diverse application needs. This technology offers the potential to enable a wide range of new electronic products and capabilities, from wearables with sensors that monitor human performance to energy harvesting and sensing systems that can adhere to novel form factors to extend functionality in robots and unmanned vehicles.
Market Dynamics:
The rapid adoption of IoT (Internet of Things) is expected to augment growth of the global flexible hybrid electronics (FHE) market during the forecast period. IoT enables devices to collect data using sensors and actuators and transmit it on a real-time basis. This enables users to make informed decisions. Therefore, the use of IoT in several industries such as consumer electronics, automotive, and healthcare is driving the market for flexible hybrid electronic systems.
However, high cost investment and complexity of assembly process of these electronics is expected to hinder growth of the global flexible hybrid electronics (FHE) market over the forecast period.
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