Future Market Insights (FMI) announces the release of its latest report titled, “Asia Pacific Flexible Glass, Market Opportunity; 2014 to 2020 Forecast”,
According to the report, the Asia Pacific flexible glass market is
expected to account for $612.7 Mn by 2020, registering a CAGR of 36.5%
during the forecast period. Incorporation of flexibility threshold in
displays is expected to contribute to the growth of the Asia Pacific
flexible glass market over the forecast period.
In terms of application, Asia Pacific flexible glass market is mainly segmented as display and solar PV (photovoltaic). Currently, display application segment dominates the Asia Pacific flexible glass market. The display segment was valued at US$ 74.2 Mn in 2013, and is expected to reach US$ 417.3 Mn by 2020, exhibiting a CAGR of 33.4% for the forecast period. Moreover, the development of Roll2Roll process is expected to create a demand for flexible glass in solar PV application. As a result, solar PV is projected to be the fastest growing application segment for the forecast period.
The display application is further sub-segmented as smartphones and tablets, curved TV, building mounted displays and, wearables. Among all the aforementioned sub-segments, smartphones & tablets segment is expected to dominate the market with 50.1% of the total revenue share by 2020. However, curved TV is anticipated to exhibit the highest CAGR of 37.1% during the forecast period. Additionally, influx of new entrants is predicted to fuel the growth of curved TV application segment over the forecast period.
Browse Full: "Asia Pacific Flexible Glass, Market Opportunity; 2014 to 2020 Forecast" Report at http://www.futuremarketinsights.com/reports/details/apac-flexible-glass-market
Country-wise, the Asia Pacific flexible glass market is segmented as Japan, China, South Korea and others. Japan is the most lucrative market, followed by South Korea and China. Moreover, Japan is expected to contribute 40.0% market share to the Asia Pacific flexible glass market by 2020. The growth of South Korea is supported by the strong presence of smartphone & TV manufacturers along with growing number of R&D centres in South Korea.
Read More.... Asia Pacific Flexible Glass Market Press Release: http://www.futuremarketinsights.com/pressreleases/details/apac-flexible-glass-market
Related Article:
The consistent innovation in technology has brought about a sea-change in the flexible electronics sector. High consumer demand for lightweight and ultra-thin devices has led to the adoption of flexible glass in the manufacture of electronics, especially smartphones, tablets, and wearable gadgets.
The Advantages of Flexible Glass
The numerous advantages of flexible glass have made it an appealing prospect for manufacturers. Flexible glass not only helps reduce thickness and weight, but also plays a major role in improving the lifetime and quality of a device. Flexible glass is thermally and dimensionally stable, and its moisture-resistant properties make it an excellent choice for use in the electronics sector.
Growth in the Smartphone and Tablets Market will Boost the Asia Pacific Flexible Glass Market
The global flexible glass market is forecasted to grow steadily through 2020. The Asia Pacific flexible glass market is also projected to witness steady growth and reach a valuation of US$ 612.7 Mn by 2020. Growth in the smartphones and tablets market is anticipated to be the key driver for the Asia Pacific flexible glass market. It is anticipated that the Asia Pacific flexible glass market will exhibit a 36.5% CAGR during the forecast period. Japan, South Korea, and China will be the key regions for the growth of the Asia Pacific flexible glass market.
Displays and Solar Photovoltaics (PV): Key Markets for Asia Pacific Flexible Glass Market
On the basis of applications, the Asia Pacific flexible glass market is segmented into displays and solar PV. The display application segment is currently the most dominant, and it is anticipated to exhibit a 33.4% CAGR and reach a valuation of US$ 417.2 Mn by 2020. It is forecasted that the manufacturers will replace plastic with flexible display materials and this will create opportunities for the growth of the Asia Pacific flexible glass market in the near future.
Display segment is further sub-segmented into building mounted displays, smartphones and tablets, curved TV, and wearables. Among these segments, smartphones and tablets is the dominant sub-segment, and it is projected to achieve a CAGR of 34.3% during the forecast period. It is estimated that the smartphones and tablets sub-segment will be worth US$ 306.7 Mn by 2020. The growth in the smartphones and tablets sub-segment will be a major contributor to the Asia Pacific flexible glass market.
Read More.... http://www.futuremarketinsights.com/articles/details/asia-pacific-flexible-glass-market-to-witness-steady-growth-through-2020-on-account-of-robust-growth-in-the-smartphone-and-tablet-market-application
In terms of application, Asia Pacific flexible glass market is mainly segmented as display and solar PV (photovoltaic). Currently, display application segment dominates the Asia Pacific flexible glass market. The display segment was valued at US$ 74.2 Mn in 2013, and is expected to reach US$ 417.3 Mn by 2020, exhibiting a CAGR of 33.4% for the forecast period. Moreover, the development of Roll2Roll process is expected to create a demand for flexible glass in solar PV application. As a result, solar PV is projected to be the fastest growing application segment for the forecast period.
The display application is further sub-segmented as smartphones and tablets, curved TV, building mounted displays and, wearables. Among all the aforementioned sub-segments, smartphones & tablets segment is expected to dominate the market with 50.1% of the total revenue share by 2020. However, curved TV is anticipated to exhibit the highest CAGR of 37.1% during the forecast period. Additionally, influx of new entrants is predicted to fuel the growth of curved TV application segment over the forecast period.
Browse Full: "Asia Pacific Flexible Glass, Market Opportunity; 2014 to 2020 Forecast" Report at http://www.futuremarketinsights.com/reports/details/apac-flexible-glass-market
Country-wise, the Asia Pacific flexible glass market is segmented as Japan, China, South Korea and others. Japan is the most lucrative market, followed by South Korea and China. Moreover, Japan is expected to contribute 40.0% market share to the Asia Pacific flexible glass market by 2020. The growth of South Korea is supported by the strong presence of smartphone & TV manufacturers along with growing number of R&D centres in South Korea.
Read More.... Asia Pacific Flexible Glass Market Press Release: http://www.futuremarketinsights.com/pressreleases/details/apac-flexible-glass-market
Related Article:
The consistent innovation in technology has brought about a sea-change in the flexible electronics sector. High consumer demand for lightweight and ultra-thin devices has led to the adoption of flexible glass in the manufacture of electronics, especially smartphones, tablets, and wearable gadgets.
The Advantages of Flexible Glass
The numerous advantages of flexible glass have made it an appealing prospect for manufacturers. Flexible glass not only helps reduce thickness and weight, but also plays a major role in improving the lifetime and quality of a device. Flexible glass is thermally and dimensionally stable, and its moisture-resistant properties make it an excellent choice for use in the electronics sector.
Growth in the Smartphone and Tablets Market will Boost the Asia Pacific Flexible Glass Market
The global flexible glass market is forecasted to grow steadily through 2020. The Asia Pacific flexible glass market is also projected to witness steady growth and reach a valuation of US$ 612.7 Mn by 2020. Growth in the smartphones and tablets market is anticipated to be the key driver for the Asia Pacific flexible glass market. It is anticipated that the Asia Pacific flexible glass market will exhibit a 36.5% CAGR during the forecast period. Japan, South Korea, and China will be the key regions for the growth of the Asia Pacific flexible glass market.
Displays and Solar Photovoltaics (PV): Key Markets for Asia Pacific Flexible Glass Market
On the basis of applications, the Asia Pacific flexible glass market is segmented into displays and solar PV. The display application segment is currently the most dominant, and it is anticipated to exhibit a 33.4% CAGR and reach a valuation of US$ 417.2 Mn by 2020. It is forecasted that the manufacturers will replace plastic with flexible display materials and this will create opportunities for the growth of the Asia Pacific flexible glass market in the near future.
Display segment is further sub-segmented into building mounted displays, smartphones and tablets, curved TV, and wearables. Among these segments, smartphones and tablets is the dominant sub-segment, and it is projected to achieve a CAGR of 34.3% during the forecast period. It is estimated that the smartphones and tablets sub-segment will be worth US$ 306.7 Mn by 2020. The growth in the smartphones and tablets sub-segment will be a major contributor to the Asia Pacific flexible glass market.
Read More.... http://www.futuremarketinsights.com/articles/details/asia-pacific-flexible-glass-market-to-witness-steady-growth-through-2020-on-account-of-robust-growth-in-the-smartphone-and-tablet-market-application
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