Chip-On-Flex (COF) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026

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Chip-On-Flex or COF is a semiconductor assembly technology in which the die is mounted directly on the flexible substrate circuit board as against the traditional printed circuit boards, along with electrical connections. Chip-On-Flex offers multiple advantages over the printed circuit boards such as reduced weight, compact size, high reliability and lower production cost. Flexible reinforced boards, semi-flexible boards and rigid flexible boards are the different types of substrates used for Chip-On-Flex.


The Chip-On-Flex (COF) market is primarily driven by the increased demand for adaptive and miniaturized components in wide range of applications. Another factor complimenting the growth of global Chip-On-Flex market is the increasing demand of flexible batteries. Flexible batteries is a major application of Chip-On-Flex technology which is expected to witness prominent growth in during the forecast period. Additionally, the increasing adoption of flexible displays in applications ranging from smartphones to e-paper is anticipated to supplement the growth of Chip-On-Flex market, as it is one of the prominent application of Chip-On-Flex technology.


In terms of region, the global Chip-On-Flex (COF) market can be segregated into North America (the U.S., Canada and Rest of North America), Europe (the U.K., Germany, France, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Taiwan, and Rest of Asia Pacific), Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East and Africa), and South America (Brazil, and Rest of South America).

Key players operating in the global Chip-On-Flex (COF) market include AKM INDUSTRIAL COMPANY LIMITED, Chipbond Technology Corporation, Compass Technology Company Limited, Compunetics, Inc., FLEXCEED Co., Ltd., LG INNOTEK, Shenzhen Danbang Technology Co., Ltd., Stars Microelectronics (Thailand) PCL., and other similar players. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches.

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