Stretchable Electronics - Global Market Outlook (2017-2026)

Global Stretchable Electronics is accounted for $28.02 billion in 2017 and is expected to reach $7093.84 billion by 2026 growing at a CAGR of 84.9%during the forecast period. Rising demand for healthcare, sport and military, growing eco friendly technology and light-weight products and increasing utilization of organic solar cells are some of the key factors propelling the market growth. However, high cost of technology and lack of awareness are hampering the growth of the market. Moreover, need for differentiation tied with lower power consumption is an opportunity for the market growth.