Market Trends of Roll to Roll Flexible Electronics Industry
This section covers the major market trends shaping the Roll To Roll Flexible Electronics Market according to our research experts:
North America to be a Substantial Market
- The North American region is expected to have a significant market share due to the increase in the demand for flexible electronics which uses Roll-to-Roll printing is expected to drive the market in the region.
- The United States, along with other regions like Europe has been keen on Roll-to-Roll (R2R) technologies for a long time now, with flexible electronics as a focus. Europe for instance, over the last 10 years, has had significant investments in R2R 660 manufacturing and related printing plate-to-plate for displays and 661 RFIDs.
- The U.S. federal government has also been promoting the development of the region's capabilities in flexible electronics through numerous institutional channels in the defense, civilian among others.
- With the launch of foldable smartphones in 2019, the demand for flexible OLED displays is also expected to increase. The US being looked at as a potential market for such flexible eletronics, the need for the number of manufacturers adopting the roll to roll printing technique is expected to increase further.
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Automotive Segment to Drive the Market Growth
- Roll to Roll Printing can be used in manufacturing flexible electronics which are making a significant impact in various markets, with the automotive sector providing substantial opportunities.
- Whether it is sensors, OLED displays, and lighting, in-mold electronics, printed heaters or other applications, the market is expected to witness massive opportunities in the automotive industry.
- As vehicles continue to get smarter and more electronically sophisticated, new challenges are introduced throughout the production process. Factors in consumer preference considerations and growing safety requirements, and the need for faster and efficient means of manufacturing of these flexible electronics is likely to impact the market positively.
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