Market Share of Roll To Roll Flexible Electronics Industry
There is no direct competitive rivalry, as the roll-to-roll flexible electronics market is still in the nascent stage. Most of the companies that have invested in technology are targeting different domains and industries. Therefore, it is early to decipher the competitive rivalry in the studied market.
Due to the high investments required to construct a manufacturing facility and initiate production, the threat of new entrants is estimated to be low. Government policies across the world support this industry, as these products help reduce the sizes and costs of various electronic components.
This encourages new entrants to use the opportunity to enter the market and mark their presence. However, there are significant switching costs, and subsequently, a new entrant may not be able to create a means to remove them. It costs a lot of money to set up a plant to produce roll-to-roll flexible electronics because it needs sophisticated manufacturing machinery and R&D resources. This makes it very difficult for new businesses to enter the market.
The current low state of technology awareness and expertise is also limiting the number of new players making investments in the market. However, the potential market is massive for roll-to-roll flexible electronics technology; hence, with rising commercialization, the threat of new entrants is expected to grow.
Roll To Roll Flexible Electronics Market Leaders
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E Ink Holdings Inc.
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Nissha GSI Technologies Inc.
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CoreTech Films (Saint-Gobain High Performance Solutions)
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LG Display Co. Ltd
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Sumitomo Electric Industries Inc.
*Disclaimer: Major Players sorted in no particular order
