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.
