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Adidas AG and Dupont & Co., Ltd. held a significant share of over 10% in the market in 2023. While Adidas is not primarily focused on stretchable electronics, they offer products such as smart clothing with integrated sensors for fitness tracking and performance monitoring. Their innovative approach aligns with the growing trend of integrating technology into sportswear for enhanced functionality.
DuPont & Co., a global leader in materials science, offers a range of solutions in the stretchable electronics industry. Leveraging their expertise in advanced materials, DuPont provides conductive inks, flexible substrates, and other enabling technologies for stretchable electronic applications. Their offerings cater to various industries, including wearable technology, healthcare, automotive, and consumer electronics, driving innovation and market growth.
Major players operating in the industry are:
Stretchable electronics industry from the automotive electronics segment is expected to register over 12% CAGR from 2024-2032 due to enabling effortless integration onto curved surfaces and unconventional shapes within vehicle interiors, enhancing both visual appeal and functionality.
North America industry held over 35% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to rising research and development initiatives, coupled with significant investments in wearable technology and healthcare in the region.
Market size for stretchable electronics was over USD 400 million in 2023 and is expected to register over 10% CAGR from 2024-2032 owing to the advancements in flexible display technologies, which work well with stretchable materials and flexible substrates worldwide.
3M Co., Adidas AG, Cambrios Technologies Corp., Dupont & Co., Koninklijke Philips N.V., MC10, Inc., and Powerfilm, Inc., are some of the major stretchable electronics companies worldwide.