Lucintel’s latest market report analyzed that aerospace and defense in the global stretchable and conformal electronic provides attractive opportunities in the stretchable circuit, stretchable conductor, electroactive polymer, stretchable battery, and photovoltaic markets. The aerospace and defense in the global stretchable and conformal electronic market is expected to reach $415 billion by 2028 with a CAGR of 77.7%. In this market, stretchable circuit is the largest segment by component.
Based on component, the aerospace and defense in the global stretchable and conformal electronic market is segmented into stretchable circuits, stretchable conductors, electroactive polymers, stretchable batteries, photovoltaic, and others. The stretchable circuit segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to wide application of flexible circuits in aerospace, such as in head-up displays and modular electronics.
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The Aerospace and Defense in the Global Stretchable and Conformal Electronic Market is marked by the presence of several big and small players. Some of the prominent players offering aerospace and defense in the global stretchable and conformal electronic include Advanced Circuits, Amitron Corporation, Corintech, Delta Circuits, and Epec Engineered Technologies.
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