The Roll-to-Roll Printing Market for flexible devices is expected to reach USD 35.79 billion by 2022, at a CAGR of 11.04% between 2016 and 2022. Roll-to-roll printing is a technology used for manufacturing flexible devices, where the materials are printed in the same fashion as newspapers are. Owing to the ability of this printing technology to carry out the production of flexible and large area electronic devices in large quantities and at cheaper costs, the roll-to-roll printing market for flexible devices is gaining substantial importance.
Konica Minolta Inc. (Japan) and Sumitomo Electric Industries Inc. (Japan) are two of the key players in the roll-to-roll printing market for flexible devices. Konica Minolta provides inkjet print heads and OLED lighting devices which are crucial in the global flexible electronics market. The company’s sales, marketing, and distribution channels are spread over 150 countries, including presence in key geographic regions such as North America, Europe, and Asia-Pacific, especially China and Japan, for revenue generation.
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The company introduced the QWP film, an obliquely oriented film which enables organic light-emitting diode (OLED) displays and LCDs to be viewed without any chromatic change in the image displayed, even when viewed through polarized sunglasses. Sumitomo Electric Industries Inc. (Japan), along with its subsidiary Sumitomo Electric Printed Circuits Inc. (Japan), manufactures a range of flexible printed electronic circuits which are used in a wide range of applications including wearable devices, medical measuring equipment, automobiles, hard disk drives, liquid crystal displays, touch panels, and LED light fixtures. The other companies in the roll-to-roll printing market for flexible devices include 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).
The major players majorly adopted the strategy of forming partnerships and entering into agreements to enhance their market presence. For example, in March 2016, CHK America, a leading designer of customer information solutions for the U.S. public transportation industry and E Ink Holdings, Inc. (China) announced an agreement under which CHK America would deliver advanced digital wayfinding solutions utilizing E Ink technology, providing more flexibility to transit agencies. Also in February 2016, Thinfilm (Norway) announced partnership with SmartSign, a U.S.-based provider of digital security products and other technology-based solutions in Southeast Asia to utilize Thinfilm’s NFC OpenSense technology.
Article author : NIhal Patil
Article source name : Markets & Markets
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