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Report: Roll-to-Roll Printing for Flexible Devices To See Double-Digit Growth
Aug 10 2016 09:30:46 , 1383

A new research report from MarketsandMarkets says the roll-to-roll printing market for flexible devices is expected to grow substantially in the next several years, mainly 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 will combine to drive the growth, the report says.


Demand for flexible electronics is rising quickly in the consumer electronics, commercial, and industrial sectors. To achieve large-scale commercialization, a number of R&D activities are already being undertaken in the field of flexible electronics and product prototypes are being designed for final product development. As these come online, the market should see double-digit growth annually, the researchers predict.


The market for inkjet printing is expected to grow at the highest rate during the forecast period, which runs through 2022. Inkjet should dominate the market owing to the benefits it offers, including non-contact printing, increased scalability and potential to meet the rising market demand.


Inkjet printing also facilitates the small feature size with less weight and is suitable for applications such as photovoltaics and sensors.


The roll-to-roll printing market for flexible devices is expected to grow from the $16.3 billion it saw in 2015 to $35.8 billion by 2022, at a compounded annual growth rate of more than 11 percent.


As of 2015, the biggest market share for this type of roll-to-roll printing was in North America, followed by Europe and Asia-Pacific. Technological advances in the U.S. are driving the growth, researchers say.


Major players in this market include Japan’s Konica Minolta Inc.; St. Paul, Minnesota-based 3M; and South Korea’sLG Display Co.