Flexible Substrates Market Size, Share, Trend & Forecast to 2025 27-Aug-2019
Flexible Substrates Market Size, Share, Trend & Growth Forecast to
2025
Flexible substrates are ultra-thin and ultra-light base components on which electronic devices
are deposited thus are widely used while assembling electronic circuits to fabricate
lightweight, flexible electronics.
According to BlueWeave Consulting, “Global Flexible Substrate Market” is expected to grow with a
significant rate during the forecast period 2019-2025 owing to the increasing importance due to the eco-
friendly and lightweight properties.
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Global Rolling Stock Market: Competitive Landscape
Companies such as Dell CRRC, Bombardier, Alstom, Siemens, Kawasaki Heavy Industries, General
Electric, Transmashholding, Stadler, Construcciones Y Auxiliar De Ferrocarriles (CAF), Hyundai Rotem,
Mitsubishi Heavy Industries, Talgo, Hitachi, ABB, Toshiba, Woojin Industrial Systems, Thales Group,
American Equipment Company, Chittaranjan Locomotive Works (CLW), and UGL are the leading players of
rolling stock market across the globe.
Solar Energy segment Is Expected to Be the Most Lucrative Application Segment of Global
Flexible Substrates Market over the Forecast Period
Global Flexible Substrates Market by applications is sub-divided as power, utility, energy, defense &
aerospace sector, consumer electronics, medical & healthcare, and automotive. The fastest-growing need
for flexible substrates is in the solar energy application backed up by the government initiatives in
emerging economies such as China and India are driving the solar energy application of the flexible
substrate market.
Moreover, leading corporations such as IBM and Google are taking concerted steps to move toward
renewable energy, which is subsequent in a rise in the demand for solar modules, apparently driving the
flexible substrates market. Furthermore, advantages such as improved performance, reliability and, lower
price are expected to boost the market for flexible substrates over the forecast period. However, the
consumer electronics segment is snowballing as the growth of this application segment can be attributed
to the increased use of flexible substrates in various commercial electronics applications.
Asia Pacific Is Anticipated To Be the Fastest Growing Region of Global Flexible Substrates
Market during the Forecast Period
Asia Pacific region is expected to gain prominence over the next few years attributed to factors such as
growing manufacturing facilities coupled with the availability of skilled & low-cost labour. Also, enhancing
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