Below are some of the key findings from this flexible glass market research report
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APAC flexible glass market overview
The premium TV segment, consisting of UHD and OLED TVs is growing at a significant rate because of the high penetration of these premium TV units. Globally, the number of unit shipments of these TVs increased by 144% from 2015 to 2017, with APAC accounting for the maximum share in terms of unit shipment in 2017. Owing to their superior properties such as scratch resistance and ultra-thin nature, flexible glasses are extensively being used in these premium TV segments. The growing UHD and OLED TV market will be one of the major factors that will fuel flexible glass market growth in APAC during the forecast period.
The growth of wearable technology will be one of the key flexible glass market trends in APAC that will positively impact the market growth during the forecast period. Wearables that are used for multiple purposes including fitness, healthcare, gaming, and entertainment are gaining immense popularity across the world. The wearable market was valued at around USD 25 billion in 2016 and is likely to exhibit a two-fold growth during the forecast period. Flexible glasses possess high potential growth in the wearable technology as it offers high flexibility and durability for displays, sensors, and all electronic systems essential for the design of wearables.
Top flexible glass companies covered in this market research report
The flexible glass market in APAC is fairly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this flexible glass industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- AGC
- Corning Incorporated
- LG Display
- Nippon Electric Glass
- SCHOTT
Flexible glass market segmentation based on geographic regions
- Japan
- South Korea
- China
- Other countries
With a complete study of the upcoming growth opportunities for flexible glass manufacturers, it has been estimated that Japan will account for the highest flexible glass market share in APAC throughout the forecast period. The market dominance of Japan will attribute to the significant growth of the flexible photovoltaic solar panel segment in the country. Additionally, the demand for flexible glass for display applications will also increase in the country.
Flexible glass market segmentation based on application
- Display
- Photovoltaic
- Other applications
The display application segment will account for the largest flexible glass market share in APAC. The report provides an accurate prediction of the contribution of the various segments to the growth of the flexible glass market size.
Key highlights of the flexible glass market in APAC for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the flexible glass market in APAC during the next five years
- Precise estimation of the flexible glass market size in APAC and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the flexible glass industry across Japan, South Korea, China, and other countries
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of flexible glass companies in APAC
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