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The global roll to roll printing market size is experiencing significant growth and is expected to grow considerably in the next few years. Roll to roll printing is a process of making electronic devices on flexible plastics and metal foil. This process is used for patterning electronic circuits made with thin-film transistors and other devices over large substrate changing from a few meters to 50 km long in size. For semiconductors, the patterning takes place by lithography techniques. Roll to roll printing technology is still in the development stage and is not widely adopted. However, using such fabrication techniques may lead to a significant reduction in the cost of conventional semiconductor manufacturing methods. One of the most notable applications is the development of solar cells, which are still expensive due to the high cost per unit area of the semiconductor manufacturing process. Other major application includes the development of flexible electronic components such as those deployed in clothing, large-area flexible displays, and portable displays.
COVID-19 scenario analysis:
The increasing demand for flexible devices, such as RFID antennas & tags, printed circuits, OLED lighting, and printed sensors, across the globe is one of the key factors estimated to fuel the growth of the global roll to roll printing market. The development of the manufacturing process is expected to accelerate the growth of the overall market in the next few years. The growing issues related to failure risks and mass production are estimated to restrict the growth of the global roll to roll printing market in the coming years. However, increased focus on R&D activities and rise in adoption in various industry verticals are projected to offer potential growth opportunities for key players operating in the roll to roll printing market across the globe.
Printed electronics are largely being adopted in the aerospace & defense industry, owing to their lightweight, less complexity, and high reliability features, which ultimately result in their low maintenance requirements. Moreover, roll to roll printed electronics technology reduces wiring in different systems used in aircraft that include in-flight entertainment systems and aircraftstructural health monitoring systems.
Roll to roll printing can be used in manufacturing flexible electronics, which are creating a significant impact in various markets, with the automotive sector providing substantial opportunities. Whether it is sensors, OLED displays, lighting, in-mold electronics, and printed heaters or other applications, the market is expected to witness immense opportunities in the automotive industry. As vehicles continue to get smarter and more electronically sophisticated, new challenges are introduced throughout the production process. Factors in consumer preference considerations and rising safety requirements and the need for faster & efficient means of the manufacturing of these flexible electronics are likely to impact the market positively.
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