Market Share of Flexible Hybrid Electronics (FHE) Industry
The flexible hybrid electronics market is competitive in nature, moving toward the consolidated stage, where a few of the players occupy a major market share. The key players operating in the market studied are innovating their products by collaborating with universities, which allows them to gain a sustainable competitive advantage. Therefore, there is always a high competition between players to innovate and introduce new products. Some of the recent developments in the market are:
- July 2019 - NextFlex, along with Children's Healthcare of Atlanta, developed a wireless, wearable monitor built with stretchable electronics that allows comfortable, long-term health monitoring of adults, babies, and small children, without concern for skin injury or allergic reactions, which is caused by conventional adhesive sensors.
- 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.
Flexible Hybrid Electronics Market Leaders
DuPont de Nemours Inc.
General Electric Co.
Lockheed Martin Corporation
Flex Ltd.
PARC (Xerox Corporation)
*Disclaimer: Major Players sorted in no particular order
