New Chip-on-flex (COF) Market Research Report - COVID-19 Analysis Based on Single-sided COF Types | Technavio
The new chip-on-flex (COF) market research from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads.
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Technavio has announced its latest market research report titled Global Chip-On-Flex (COF) Market 2020-2024 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the chip-on-flex (COF) market.
"One of the primary growth drivers for this market is the increasing R&D investments in the Flexible Displays market," says a senior analyst for the Industrials industry at Technavio.
The increasing R&D investments in the flexible displays market is a major factor that will drive chip-on-flex market growth. There is rising investment in the R&D of hardware devices to develop screens or displays that are more durable, have better quality, and cost-efficient. With the companies in the flexible device market concentrating on developing advanced flexible display devices and on commercializing them, such investments will increase in the coming years. Additionally, companies are also concentrating on entering into partnerships with universities to develop innovative flexible displays. This rising focus of companies to develop advanced displays will subsequently drive the growth of the COF market.
As the markets recover Technavio expects the chip-on-flex (COF) market size to grow by USD 279.90 million during the period 2020-2024.
Chip-On-Flex (COF) Market Segment Highlights for 2020
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