Roll-to-Roll Printing Market for Flexible Devices worth 35.79 Billion USD by 2022

According to the new market research report "Roll-to-Roll Printing Market for Flexible Devices by Material & Equipment, Technology (Flexography, Screen Printing), Application (Flexible Electronics, Photovoltaics), End User (Consumer Electronics, Industrial), & Geography - Global Forecast to 2022", the roll-to-roll printing market for flexible devices is expected to grow from USD 16.31 Billion in 2015 to reach USD 35.79 Billion by 2022, at a CAGR of 11.04% between 2016 and 2022. The roll-to-roll printing market for flexible devices is expected to grow substantially because of the advantages of using flexible devices in the electronics industry, the high speed of fabrication using roll-to-roll printing, and the fast-growing market for flexible screens.

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The roll-to-roll printing material market comprises different substrates and inks where the substrate market is again classified into paper, plastic film, metal foil, stainless steel, and glass. Plastic film held the largest market share in 2015. Plastic film substrates are the most widely used substrate material in flexible electronics applications requiring high degree of bendability, transparency, and emissive properties. Owing to certain key benefits offered by thin film plastic substrates (such as flexibility, low temperature requirements and low cost), plastic film substrates are expected to hold a large market share in the near future. 

Printed RFID tags, sensors, organic photovoltaics, and flexible displays have a good potential and make substantial use of thin film plastics as a substrate, which will drive the plastic substrate market at the highest rate.

The market for the consumer electronics end-user industry of roll-to-roll printing for flexible devices is expected to grow at the highest by 2022. The growing adoption rate across large-scale consumer electronic appliances such as televisions, smartphones, tablets, laptops, and e-book readers among others is the key driver for the growth of the market in the consumer electronics industry. 

The consumer electronics’ application of flexible electronics is highly diversified and surging at a remarkable growth rate owing to continuous technological advancements and innovations taking place in the existing range of products. Flexible displays, thin film energy storage devices (such as supercapacitors), photovoltaic cells, printed sensors, printed memory devices, and flexible printed circuits are some of the flexible devices which are used in diversified consumer electronic products

However the roll-to-roll printing industry faces some challenges associated with the manufacturing technique and performance of the flexible electronics. The high risk of failure and need for mass production acts as one of the restraints in the roll-to-roll printing market for flexible devices growth. This report describes drivers, restraints, opportunities, and challenges pertaining to the roll-to-roll printing market for flexible devices. Furthermore, it analyzes the current scenario and forecasts the market till 2022, including the market segmentation based on material & equipment, technology, application, end-user industry, and geography.

Some of the major companies in the market for flexible devices include Konica Minolta Inc. (Japan), Sumitomo Electric Industries Inc. (Japan), GSI Technologies LLC (U.S.), 3M Company (U.S.), LG Display Co., Ltd. (South Korea), Thinfilm (Norway), Linxens (France), Multek Corporation (China), E Ink Holdings, Inc. (China), Fujikura Ltd. (Japan), and Nippon Mektron Ltd. (Japan).

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