Chip On Flex Market Poised for Steady Growth Driven by Consumer Tech and Automotive Demand
• Global Chip On Flex (COF) market valued at $1.85 billion in 2022, poised to grow at 3.73% CAGR through 2028 • Single-sided COF is the dominant segment due to economic viability and performance • APAC leads the market, driven by robust consumer electronics demand and major COF manufacturers • Growth fueled by flexible electronics in consumer devices like foldable phones and wearables • COF integration rising in automotive for intuitive interfaces and safety, and in medical for monitoring and diagnostics