- Lightweight, high performance displays creating demand for flexible, durable materials including Corning gorilla glass and sapphire.
London, 14 April 2014: TechNavio, the independent tech-focused global research firm, is projecting big advancements in consumer tech will be the main driver for huge growth in the Global Flexible Glass Market, which is projecting a CAGR of 50.21 percent from 2014-2018.
A number of new smartwatches, e-readers and next generation smartphones, including the next iteration of Apple’s iPhone, are in the pipeline. Consumers are increasingly looking for innovation when considering the purchase of new tech toys, and the displays on these new devices are under scrutiny. There is currently a huge demand for slim, lightweight, and scratch resistant displays.
Flexible glass is ultra-thin, with rigid glass properties such as high barrier properties, strength, temperature stability, and durability, but in a flexible form. It combines the scratch resistance and rigidity properties of plastics, forming a rollable, flexible, and wearable glass. These qualities make next-generation electronic gadgets more lightweight, attractive, and handy.
“These glasses will change the next-generation technologies and electronic devices through applications such as flexible display, epaper, OLED lighting, organic PV, and R2R displays. This shift in consumer application is a major driver in the Global Flexible Glass market,” says Faisal Ghaus, Vice President of TechNavio Research.
Ghaus goes on to say that, “there are numerous benefits of flexible glass; for instance, it acts as a substrate for high-quality electronics and supports critical device fabrication and performance providing overall optimization, which is integral for the next-generation Electronics industry. It offers a high-quality surface and optical and hermeticity properties that are handy in display, touch sensor, PV, and lighting applications.”
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Flexible Glass Market please send an e-mail to media@TechNavio.com
https://www.technavio.com/%3Cp%3EMedia%20Contact%3A%3C/p%3E%0A%0A%3Cp%3EJ…
