Glass is a non-crystalline material that is mainly transparent and used in window panes, electronic equipment, dinnerware, containers, and a wide variety of other technological, functional, and ornamental items. The chemical substance silica, which is also a major component of sand, is the basis for the oldest type of glass.
Moving on to flexible glass for flexible electronics, which combines flexibility and stretching with all the qualities of rigid glass, including high barrier properties, optical transmission properties, strength, hermeticity, temperature stability, and durability.
The market for flexible glass for flexible electronics is expanding primarily as a result of its appealing surface finishing, low weight, and durability, which extends the usefulness and life of the product in which it is used and makes it portable and lightweight. Next-generation wearable, rollable, and flexible electronics devices are only possible with flexible glass for flexible electronics.
The market for flexible glass used in flexible electronics is anticipated to expand significantly over the course of the forecast period.
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Flexible glass for flexible electronics Market: Dynamics
As the rigid glass display is being replaced by flexible ultrathin glass displays, which give electronics gadgets a very slim look, durability, scratch resistivity, light in weight feature, Flexible or bendable screen, and thus plays a significant role in driving flexible glass for flexible electronics market, this is one of the key drivers for the flexible glass for flexible electronics market.
A significant motivator for the development of wearable technology is the requirement for flexibility and light weight, which is being met by the use of flexible glass in flexible electronics. The market for flexible electronics is constrained by cheaper rigid glass devices already on the market.
Flexible Glass for Flexible Electronics Market: Segmentation
Global flexible glass for flexible electronics market is segmented into application, end user and region. On the basis of applications, global flexible glass for flexible electronics market is segmented into two broad segments such as; consumer application & industrial application.
Consumer application includes touch panel sensor market, flexible printed circuit board used in electronics gadgets and OLEDs lightning market. Almost every electronics gadget is coming with touch screen hence the rising probability of flexible touch panel sensors market is fair.
The industrial applications are power fiber means functional substrate material for thin-film battery technologies & to replace semiconductor substrate in electronics components to make electronics devices flexible & durable.
On the basis of end user flexible glass for flexible electronics market is segmented as displays market, OLED market, smart phones and tablet market & other gadgets and wearable market. During the forecast period display market is expected to dominant over the rest of all.
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Geographically, the market is segmented into seven regions, North America, Latin America, Western Europe, Eastern Europe, Asia – Pacific (excluding Japan), Japan as a separate region and Middle East & Africa. The largest market of flexible glass for flexible electronics is in North America followed by Western Europe and Asia Pacific & it is expected that North America will maintain its dominance in the forecasting period too.
With the rise in the demand of smart phones, tablets & other electronic gadgets in Asia Pacific region, it is expected to witness highest growth in the flexible glass for flexible electronics market during the forecast period.
Regional analysis for Flexible glass for flexible electronics Market includes
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
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