MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET 2023-2030

Consumer Goods & Services | Consumer Electronics

MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET 2023-2030

Market by Application, Component, and Country Outlook | Forecast 2023-2030

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Triton’s report insinuates that the flexible electronics market in the Middle East and Africa is estimated to advance with a CAGR of 8.69% in revenue during the forecast years 2023-2030.




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The countries studied in the region comprise:

•         United Arab Emirates

•         Saudi Arabia

•         Turkey

•         South Africa

•         Rest of Middle East & Africa

The Middle East and Africa region presents lucrative opportunities for the flexible electronics market, particularly in Saudi Arabia, the United Arab Emirates (UAE), South Africa, Nigeria, and Qatar. These countries have made significant investments in enhancing their medical and healthcare facilities, which support the utilization of flexible sensors in medical equipment applications. In this regard, they offer numerous benefits, such as real-time remote patient monitoring, point-of-care interventions, self-care glucose monitoring, sleep monitoring, etc. This technology further contributes to advancements in precision medicine and population health management. Therefore, these factors widen the overall scope and growth of the flexible electronics market.

Saudi Arabia holds the highest market share in the region. Several new prototypes are being developed in the region. For instance, Platform Technology for Flexible Electronic Devices has transformed the electronics and gadgets industry by enabling the production of flexible and transparent semiconductor substrates, such as silicon. The process is cost-effective and seamlessly integrates with the conventional CMOS process. It involves oxidation, etching, etc., to create controlled vertical channels across the substrate, providing a versatile platform for semiconductor wiring in electronic devices. Hence, such development contributes substantially to the flexible electronics market’s progression.

Flexible sensors, also known as bend sensors, detect deflection caused by bending. These sensors vary in design, development, and working principle for specific applications. Moreover, printed/flexible sensors offer advantages over rigid sensors, such as lower weight, flexibility, and potentially lower manufacturing costs through high-throughput continuous production methods. They can measure various parameters and are suitable for emerging applications like industrial IoT, wearables, automotive interiors, and smart buildings. The outstanding properties of flexible sensors, including high stretchability, biocompatibility, conformability, and affordability, have attracted significant attention in recent years.

The key companies in the market comprise AUO Corporation, Samsung Electronics Co Ltd, Flex Ltd, and Blue Spark Technologies.

Samsung Electronics Co Ltd is a leading consumer electronics company that provides a wide range of products to sectors such as hospitality, healthcare, finance, education, government, and insurance. Its offerings include smartphones, tablets, wearables, virtual reality (VR) devices, accessories, televisions, headphones, wireless speakers, laptops, desktops, printers, monitors, etc. Samsung operates across multiple regions, such as Asia, Europe, the Middle East and Africa, with its headquarters in Seoul, South Korea.

 

Key deliverables of the report:

      Market CAGR during the forecasting years 2023-2030

      Detailed data highlighting key insights, industry components, and market strategies


      Comprehensive information and estimation of the flexible electronics market revenue growth in the Middle East and Africa and its influence on the parent market


      In-depth study of forthcoming trends in consumer behavioral patterns


      A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces


      A wide-ranging study of factors that will challenge the Middle East and Africa flexible electronics market’s growth during the upcoming years


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Table of Content

1. MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. TECHNOLOGY SNAPSHOT

2.2. MARKET EVOLUTION

2.3. IMPACT ANALYSIS ON THE FLEXIBLE ELECTRONICS MARKET

2.3.1. COVID-19 IMPACT

2.4. PORTERS FIVE FORCES ANALYSIS

2.4.1. THREAT OF NEW ENTRANTS

2.4.2. THREAT OF SUBSTITUTES

2.4.3. BARGAINING POWER OF BUYERS

2.4.4. BARGAINING POWER OF SUPPLIERS

2.4.5. THREAT OF COMPETITIVE RIVALRY

2.5. MARKET MATURITY ANALYSIS

2.6. INDUSTRY COMPONENTS

2.6.1. MATERIALS

2.6.2. SUBSTRATES

2.6.3. PACKAGING

2.6.4. PROCESSING/ TESTING EQUIPMENT

2.7. REGULATORY FRAMEWORK

2.8. KEY MARKET STRATEGIES

2.8.1. COLLABORATIONS

2.8.2. PRODUCT LAUNCHES

2.8.3. MERGERS & ACQUISITIONS

2.8.4. BUSINESS DIVESTITURES & EXPANSIONS

2.9. MARKET DRIVERS

2.9.1. R&D ENABLES MORE APPLICATIONS AND ADVANCEMENTS

2.9.2. ADVANCEMENTS IN FLEXIBLE DISPLAY

2.9.3. RISING NEED FOR COMPACT AND COST-EFFECTIVE PRODUCTS

2.9.4. GROWING DEMAND IN THE HEALTHCARE SECTOR

2.10. MARKET CHALLENGES

2.10.1. COMPLEX ASSEMBLY PROCESSES

2.10.2. WEAK ENCAPSULATION TECHNIQUES

2.11. MARKET OPPORTUNITIES

2.11.1. RISING FOCUS ON ENERGY CONSERVATION

2.11.2. ADVANCEMENTS IN THE INTERNET OF THINGS (IOT)

2.11.3. BREAKTHROUGHS IN INDUSTRY 4.0 AND SMART HOMES

2.12. ANALYST PERSPECTIVE

3. MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET – BY APPLICATION

3.1. CONSUMER ELECTRONICS

3.2. MEDICAL & HEALTHCARE

3.3. AEROSPACE & DEFENSE

3.4. AUTOMOTIVE

3.5. ENERGY & POWER

3.6. OTHER APPLICATIONS

4. MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET – BY COMPONENT

4.1. FLEXIBLE DISPLAY

4.1.1. OLED

4.1.2. E-PAPER

4.1.3. LCD

4.2. FLEXIBLE MEMORY

4.3. FLEXIBLE SENSOR

4.3.1. PHOTO DETECTOR

4.3.2. BIO SENSOR

4.3.3. PIEZO RESISTIVE

4.3.4. CMOS HYBRID SENSOR

4.3.5. OTHER FLEXIBLE SENSORS

4.4. FLEXIBLE BATTERY

4.5. FLEXIBLE PHOTOVOLTAICS

5. MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET – BY COUNTRY OUTLOOK

5.1. UNITED ARAB EMIRATES

5.1.1. UNITED ARAB EMIRATES FLEXIBLE ELECTRONICS MARKET FORECAST & PROSPECTS

5.2. SAUDI ARABIA

5.2.1. SAUDI ARABIA FLEXIBLE ELECTRONICS MARKET FORECAST & PROSPECTS

5.3. TURKEY

5.3.1. TURKEY FLEXIBLE ELECTRONICS MARKET FORECAST & PROSPECTS

5.4. SOUTH AFRICA

5.4.1. SOUTH AFRCICA FLEXIBLE ELECTRONICS MARKET FORECAST & PROSPECTS

5.5. REST OF MIDDLE EAST & AFRICA

5.5.1. REST OF MIDDLE EAST & AFRICA FLEXIBLE ELECTRONICS MARKET FORECAST & PROSPECTS

6. COMPETITIVE LANDSCAPE

6.1. FUJIKURA LTD

6.1.1. OVERVIEW

6.1.2. PRODUCT PORTFOLIO

6.1.3. KEY STRENGTHS

6.1.4. KEY CHALLENGES

6.2. JAPAN DISPLAY INC

6.2.1. OVERVIEW

6.2.2. PRODUCT PORTFOLIO

6.2.3. KEY STRENGTHS

6.2.4. KEY CHALLENGES

6.3. AGC INC

6.3.1. OVERVIEW

6.3.2. PRODUCT PORTFOLIO

6.3.3. KEY STRENGTHS

6.3.4. KEY CHALLENGES

6.4. SUMITOMO CORPORATION

6.4.1. OVERVIEW

6.4.2. PRODUCT PORTFOLIO

6.4.3. KEY STRENGTHS

6.4.4. KEY CHALLENGES

6.5. SONY CORPORATION

6.5.1. OVERVIEW

6.5.2. PRODUCT PORTFOLIO

6.5.3. KEY STRENGTHS

6.5.4. KEY CHALLENGES

6.6. LG ELECTRONICS INC

6.6.1. OVERVIEW

6.6.2. PRODUCT PORTFOLIO

6.6.3. KEY STRENGTHS

6.6.4. KEY CHALLENGES

6.7. AUO CORPORATION

6.7.1. OVERVIEW

6.7.2. PRODUCT PORTFOLIO

6.7.3. KEY STRENGTHS

6.7.4. KEY CHALLENGES

6.8. SAMSUNG ELECTRONICS CO LTD

6.8.1. OVERVIEW

6.8.2. PRODUCT PORTFOLIO

6.8.3. KEY STRENGTHS

6.8.4. KEY CHALLENGES

6.9. FLEX LTD

6.9.1. OVERVIEW

6.9.2. PRODUCT PORTFOLIO

6.9.3. KEY STRENGTHS

6.9.4. KEY CHALLENGES

6.10. BLUE SPARK TECHNOLOGIES

6.10.1. OVERVIEW

6.10.2. PRODUCT PORTFOLIO

6.10.3. KEY STRENGTHS

6.10.4. KEY CHALLENGES

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: LIST OF COLLABORATIONS

TABLE 4: LIST OF PRODUCT LAUNCHES

TABLE 5: LIST OF MERGERS & ACQUISITIONS

TABLE 6: LIST OF BUSINESS DIVESTITURES & EXPANSIONS

TABLE 7: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)

TABLE 8: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY COMPONENT, 2023-2030 (IN $ MILLION)

TABLE 9: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE DISPLAY, 2023-2030 (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE SENSOR, 2023-2030 (IN $ MILLION)

TABLE 11: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)

List of Figures

FIGURE 1: TECHNOLOGY SNAPSHOT

FIGURE 2: INDUSTRY COMPONENTS

FIGURE 3: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY APPLICATION, 2022 & 2030 (IN %)

FIGURE 4: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY CONSUMER ELECTRONICS, 2023-2030 (IN $ MILLION)

FIGURE 5: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY MEDICAL & HEALTHCARE, 2023-2030 (IN $ MILLION)

FIGURE 6: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY AEROSPACE & DEFENSE, 2023-2030 (IN $ MILLION)

FIGURE 7: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY AUTOMOTIVE, 2023-2030 (IN $ MILLION)

FIGURE 8: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY ENERGY & POWER, 2023-2030 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY COMPONENT, 2022 & 2030 (IN %)

FIGURE 11: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE DISPLAY, 2023-2030 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE DISPLAY, 2022 & 2030 (IN %)

FIGURE 13: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY OLED, 2023-2030 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY E-PAPER, 2023-2030 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY LCD, 2023-2030 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE MEMORY, 2023-2030 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE SENSOR, 2023-2030 (IN $ MILLION)

FIGURE 18: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE SENSOR, 2022 & 2030 (IN %)

FIGURE 19: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY PHOTO DETECTOR, 2023-2030 (IN $ MILLION)

FIGURE 20: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY BIO SENSOR, 2023-2030 (IN $ MILLION)

FIGURE 21: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY PIEZO RESISTIVE, 2023-2030 (IN $ MILLION)

FIGURE 22: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY CMOS HYBRID SENSOR, 2023-2030 (IN $ MILLION)

FIGURE 23: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY OTHER FLEXIBLE SENSORS, 2023-2030 (IN $ MILLION)

FIGURE 24: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE BATTERY, 2023-2030 (IN $ MILLION)

FIGURE 25: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY FLEXIBLE PHOTOVOLTAICS, 2023-2030 (IN $ MILLION)

FIGURE 26: MIDDLE EAST AND AFRICA FLEXIBLE ELECTRONICS MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)

FIGURE 27: UNITED ARAB EMIRATES FLEXIBLE ELECTRONICS MARKET 2023-2030 (IN $ MILLION)

FIGURE 28: SAUDI ARABIA FLEXIBLE ELECTRONICS MARKET 2023-2030 (IN $ MILLION)

FIGURE 29: TURKEY FLEXIBLE ELECTRONICS MARKET 2023-2030 (IN $ MILLION)

FIGURE 30: SOUTH AFRICA FLEXIBLE ELECTRONICS MARKET 2023-2030 (IN $ MILLION)

FIGURE 31: REST OF MIDDLE EAST & AFRICA FLEXIBLE ELECTRONICS MARKET 2023-2030 (IN $ MILLION)

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