Emerging Opportunities with Key players
The roll-to-roll flexible electronics market is fragmented, and the vendors are deploying growth strategies such as increasing product or service extensions, M&A, and innovations in technology to compete in the market. 3M Co., Agfa-Gevaert NV, BASF SE, DuPont de Nemours Inc., E Ink Holdings Inc., Forge Nano Inc., Fujikura Co. Ltd., LG Electronics Inc., Marian Inc., Molex LLC, Multek Corp., Nissha Co. Ltd., Sumitomo Electric Industries Ltd., and Ynvisible Interactive Inc., among others, among the vendors operating in the market.
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Roll To Roll Flexible Electronics Market 2022-2026: Driver
The rising adoption of smartphones is one of the key factors driving the growth of the roll-to-roll flexible electronics market. The availability of low-cost smartphones and greater worldwide Internet penetration are projected to drive the global smartphone adoption. Developing nations, such as India and China, are becoming growing markets for smartphones as a result of rising disposable incomes and population. Furthermore, smartphones have moved from 4G LTE to 5G, with RF front-ends of 5G devices taking up more space due to the complexity of huge multiple-in multiple-out (MIMO) antenna configurations. The amount of data handled by the 5G system will rise, which will necessitate the increased battery capacity. The growth of the global roll-to-roll flexible electronics market is driven by the growing need for flexible electronic designs for mobile devices. Thus, the rise in the demand for smartphones will fuel the demand for roll-to-roll flexible electronics.
Roll-to-Roll Flexible Electronics Market 2022-2026: Segmentation
By end-user, the market has been segmented into Consumer Electronics, Energy, Healthcare, and Others. The consumer electronics segment will have significant market share growth during the forecast period. After the outbreak of COVID-19 in 2020, educational institutions were compelled to cancel classes and block campus access. The transition from traditional classrooms to virtual platforms resulted in a rise in demand for laptops, tablets, and smartphones, which propelled the growth of the segment in 2020.
By geography, the market has been segmented into North America, APAC, Europe, South America, and Middle East And Africa. APAC will account for 40% of the market’s growth during the forecast period. South Korea, Japan, and China are the key countries for the roll-to-roll flexible electronics market in APAC. Market growth in this region will be faster than the growth of the market in other regions. North America is also experiencing growth, owing to the high concentration of consumer electronics manufacturers, such as display device manufacturers and OLED panel manufacturers, in the region.
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Roll To Roll Flexible Electronics |