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Roll-to-Roll Technologies for Flexible Devices Global Market to Reach $48.3 Billion by 2026
July 8, 2022 | GlobeNewswireEstimated reading time: 1 minute
The "Roll-to-Roll Technologies for Flexible Devices - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Roll-to-Roll Technologies for Flexible Devices estimated at US$23.6 Billion in the year 2020, is projected to reach a revised size of US$48.3 Billion by 2026, growing at a CAGR of 12.3% over the analysis period.
Global Roll-to-Roll Technologies for Flexible Devices Market to Reach $48.3 Billion by 2026
Roll-to-roll (R2R) represents a set of advanced manufacturing approaches that involve continuous processing of flexible substrates while they are being transferred between moving rolls of specific materials.
Roll-to-roll printing technologies are gaining from rapid expansion of the flexible devices market as a result of their advanced properties and features that make them a suitable option for use in different areas like energy, electronics and healthcare. In addition, the lightweight nature of these devices is opening new avenues in low-cost applications like flexible OLED displays and printed circuits. .
The U.S. Market is Estimated at $4.4 Billion in 2021, While China is Forecast to Reach $18.3 Billion by 2026.
The Roll-to-Roll Technologies for Flexible Devices market in the U.S. is estimated at US$4.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.3 Billion by the year 2026 trailing a CAGR of 14.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.3% and 10.2% respectively over the analysis period.
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