Flexible Glass Market in APAC 2018-2022| Increasing Demand for Ultra-slim and Scratch-resistant Displays Drives Growth| Technavio
LONDON--(BUSINESS WIRE)--Oct 8, 2018--The flexible glass market research report by Technavio predicts the market in APAC to post a CAGR of close to 38% during the period 2018-2022.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181008005650/en/
Technavio has published a new market research report on the flexible glass market in APAC for the period 2018-2022. (Graphic: Business Wire)
A key driver for the is the increasing demand for ultra-slim and scratch-resistant displays. The demand for scratch-resistant glasses in devices such as smartphones and notebooks are met by using flexible glasses since they exhibit high scratch resistance. The rising demand for high-end gadgets such as touch-enabled notebooks is anticipated to increase the cost of flexible glass in APAC, in turn, driving market growth.
This flexible glass market research report also provides an analysis of the most important trends expected to impact the market outlook during the period 2018-2022. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In this report, Technavio highlights the use of flexible glass in photovoltaic panels as one of the key trends in the flexible glass market in APAC:
Flexible glass market in APAC: Use of flexible glass in photovoltaic panels
The flexible glass or amorphous Si solar cells have several advantages when compared with crystalline cells. The thickness of Si can be reduced to 50 µm, thin films can be deposited on low-cost substrates and thin films can be fabricated on module-sized substrates and integrally interconnected structures.
“The two materials, which have gained attention under thin-film technology amorphous silicon are cadmium telluride and copper indium gallium selenide. In the recent years, substantial progress has been achieved in the photovoltaic industry. The cadmium telluride and copper indium gallium selenide thin-film solar cells demonstrated record efficiencies of 16.5% and almost 20%. The amorphous silicon cells create flexible panel materials that are usually used in thin-film solar panels,” says a senior research analyst at Technavio.
Flexible glass market in APAC: Segmentation analysis
This flexible glass market analysis report segments the market by application (display, photovoltaic, and others) and geography (Japan, South Korea, China, and other countries).
The display segment held the largest flexible glass market share in 2017, accounting for around 61% of the market. This application segment is expected to dominate the market throughout the forecast period.
Japan led the market in 2017 with more than 42% of the market share, followed by South Korea and China respectively. Japan is expected to dominate the market throughout the period 2018-2022.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at .
View source version on businesswire.com:https://www.businesswire.com/news/home/20181008005650/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
KEYWORD: ASIA PACIFIC
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 10/08/2018 12:44 PM/DISC: 10/08/2018 12:44 PM