New York, NY -- (SBWIRE) -- 12/10/2014 -- Crystalline solar cells are made up of silicon wafers. The cell processing is initially independent from the substrate material which is usually made up of glass and solar cells and modules are separated from the start on a suitable substrate. Substrate is a glass pane which is several millimeters wide. On the front side of a solar module in particular, the glass offers the important advantage that it is insensitive to environmental influences and that it provides excellent mechanical stability which can resist extreme conditions such as heavy snow loads and even hail.

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Flexible substrate materials are used for exploration of photovoltaics. In addition, the deposition on flexible substrates offers the potential for significant cost reduction due to the large decrease in energy levels required for heating the film prior to coating.

In other words, flexible substrates are also defined by ultra-thin and ultra-light base components upon which electronic devices are deposited at the time of accumulation of electronic circuits to fabricate extremely lightweight and rollable flexible electronics. Some of the most commonly used materials in flexible substrates are glass, plastic and stainless steel.

In terms of geographic, North America dominates the global flexible substrates market. This is due to improved electronics technologies in the region. The U.S. represents the largest market for flexible substrates followed by Canada in North America. In Europe, Germany, the U.K., Spain, Italy and France holds major share of flexible substrates market. However, Asia is expected to show high growth rates in the next five years in global flexible substrates market. This is due to many companies constructing their manufacturing facilities in the region. Less stringent wages and availability of skilled labor attracts manufacturing companies to invest in Asia. In addition, improving electronics technologies is also supporting in the growth of flexible substrates market in the region. Japan, China and India are expected to be the fastest growing flexible substrates markets in Asia.

In recent time, emerging field of printed electronics technologies is key driver of the global flexible substrates market. Printed electronics technologies are used to develop electrical devices on various substrates. In addition, increasing demand of organic light emitting diode (OLED) is also supporting in the growth of global flexible substrates market. OLED is light emitting panels made from carbon based organic materials that emit light when electricity is applied. It is used today to make beautiful and efficient displays. It also plays a vital role in creating white light panels for lighting.

Moreover, development of flexible medical devices and increasing adoption of organic electronics-based IC designing method for non-invasive monitoring devices holds immense potential to the growth of global flexible substrates market.

However, stringent regulations hamper the growth of global flexible substrates market. Rising number of product launches and increasing mergers and acquisitions between drug manufacturing companies are some of the major trends of the global flexible substrates market.

Some of the major companies operating in the global flexible substrates market E.I. DuPont de Nemours and Company, Heraeus Materials Technology GmbH & Co. KG, SCHOTT North America, Inc., Heraeus Packaging Technology, American Semiconductor, Inc., 3M Company, Arlon Graphics LLC, BenQ Materials Corporation, Griff Paper and Film, AzCoat, Inc., Corning, Inc., Rogers Corporation, Porex Corporation, Polyonics, Inc. and Griff Paper and Film.

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Key points covered in the report:

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2) The report covers geographic segmentation

North America
Europe
Asia
RoW

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.

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