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Home>Global Chip-on-flex (COF) Market 2017-2021 - Research and Markets

Global Chip-on-flex (COF) Market 2017-2021 - Research and Markets

Global Chip-on-flex (COF) Market 2017-2021 - Research and Markets

10/05/2017

Global Chip-on-flex (COF) Market 2017-2021 - Research and Markets

The "Global Chip-on-flex (COF) Market 2017-2021" report has been added to Research and Markets' offering.

The report recognizes the following companies as the key players in the global chip-on-flex market:

  • FLEXCEED Co., Ltd.
  • Finetech
  • SHENZHEN DANBOND TECHNOLOGY CO., LTD.
  • AKM Industrial

The global chip-on-flex market to grow at a CAGR of 4.42% during the period 2017-2021.

Global Chip-on-flex Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is Increasing vertical integration. Rapid innovations in flexible displays have led to dynamic manufacturing plants. As flexible displays are yet to be completely commercialized, different modular pieces of manufacturing lines are being integrated so that any modification can be easily controlled and modified to suit the demand for flexible display manufacturing. OLEDs have led to a high level of optimized manufacturing plants. A high level of vertical integration leads to an agile production line and faster development or production of flexible displays.

According to the report, one of the major drivers for this market is Increased R&D investments in flexible displays market. Most of the market revenue comes from the R&D divisions of the end-users, as the technology is yet to be commercialized on a large scale and is still in the development stages.

Further, the report states that one of the major factors hindering the growth of this market is Lag in mass production of flexible OLED displays. There is a lack of mass production plants that can churn out products at the rate at which the innovation continues, as the flexible display market is still in its nascent stage.

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