The Global Market for Roll-to-Roll Technology-Based Flexible Devices is Projected to Reach US$32.4 Billion by 2020

Low Production Costs & High Throughput Drive Demand for Roll-to-Roll Technologies for Flexible Devices, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Roll-to-Roll Technologies for Flexible Devices market. The global market for Roll-to-Roll Technology-Based Flexible Devices is projected to reach US$32.4 billion by 2020, driven by strong consumer demand for flexible devices, and technology benefits such as extremely cost-effective production process, high throughput, and the capability to resist high-defect density.

Roll-to-Roll (R2R) technology is an emerging flexible electronics technology area that facilitates manufacture of advanced electronic products. R2R technology transformed electronic devices manufacturing process, facilitating high volume production of advanced technology products. Major factors driving adoption of R2R technology include capability to resist high-defect density, extremely economical production process, and burgeoning consumer market for flexible devices. The continued market expansion of flexible printed circuit necessitates automated, high-volume production processes with consistent quality, in turn spurring growth in the roll-to-roll technologies market.

Future growth in the roll-to-roll technologies market will be driven by the surging demand for flexible devices from electronics, photovoltaics, optoelectronics, medical, and sensors segments. In addition, increasing penetration of small-size, durable, wearable, and portable products is also driving the demand for R2R-based flexible devices. A recent emerging trend in R2R-based flexible devices market is the practice of integrating R2R and nanofabrication processes. The convergence of R2R and nanofabrication is playing a critical role in spurring innovations. In contrast to conventional systems, R2R nanomanufacturing offers relatively more cost-effective, flexible, low-weight, as well as efficient solutions. R2R nanomanufacturing technology facilitates in developing a broad range of advanced electronic devices, such as sensors, solar cells, batteries, capacitors, and antennas.

As stated by the new market research report on Roll-To-Roll Technologies for Flexible Devices, Asia-Pacific represents the largest as well as the fastest growing market, displaying a CAGR of 17% over the analysis period. The inflow of foreign funds and industrialization in Asian countries, including China, Taiwan, Korea, Malaysia are helping improve demand for flexible electronics, which in turn is spurring growth in the R2R based flexible devices market. Integrated circuits represents the largest as well as fastest growing application segment for roll-to-roll technologies.

Major players covered in the market include 3M Flexible Circuit Foundry, Acreo Swedish ICT, Applied Materials Inc., Avery Dennison Corporation, Carestream Advanced Materials, Deposition Technology Innovations, Fujikura Ltd., GSI Technologies LLC, Linxens France SA, Manz AG, Materion Corporation, Molex Incorporated, Multek Corporation, Nitto Denko Corporation, PowerFilm Inc., and Toray Engineering Co. Ltd., among others.  

The research report titled “Roll-to-Roll Technologies for Flexible Devices: A Global Strategic Business Report” announced by Global Industry Analysts Inc. provides a comprehensive review of market trends, issues, drivers, and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets, including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, South Korea, Taiwan and Rest of Asia-Pacific), Latin America and Rest of World.

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