Key Market Dynamics in Flexible Display

The flexible display market to grow from USD 3,449 billion in 2017 to USD 15,139 million by 2022, at a compound annual growth rate (CAGR) of 34.4% during the forecast period.

The major factors that are expected to be driving the market are rising demand for OLED-based devices and high growth of consumer goods. The objective of the report is to define, describe, and forecast the flexible displays market size based on application, technology, panel size, substrate material and region.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=788

Flexible Display Market By application, the vehicles and public transport segment is expected to grow at the highest growth rate during the forecast period

Vehicles such as cars and motorbikes, among many others, are the leading applications in the automotive domain. Displays utilized in cars range from small- to medium- and medium- to large-sized display panels. These displays can be used in dashboard displays, central control units, entertainment systems, navigation systems, security systems, and many other systems that help drivers in displaying the information. Public transport vehicles such as trains, planes, and ships also use panels for displaying the information for the advertising purpose. These display panels are usually large in size.

Flexible Display Market By technology, the LED-Backlit LCD segment holds the largest share of the market

The main display technology in the flexible display market is LED, or LED-backlit LCDs. LED-based display devices utilize LEDs for white backlighting the LCD panel. In conventional LCD devices, cold cathode fluorescent lamps (CCFLs) were used for backlighting; however, the display market has adopted LEDs for backlighting the LCD panel owing to its favorable features. Although cheap, CCFLs are not as energy-efficient as LEDs. Owing to the features offered and falling prices of LEDs, CCFL-backlit LCD TVs disappeared entirely.

Flexible Display Market in North America to account for the largest market size during the forecast period.

The flexible display market in North America, being technologically advanced and developed, is a leading market for the cutting-edge technology used in flexible display devices.The region accounted for the largest share of the global market in 2016. The US dominated the North American market owing to its well-established economy, which allows for a large consumer electronics market. The rapid adoption of the latest display technologies and increasing applications are some of the reasons for the large market share of the US in the North American market. Leading e-reader brands, such as Kindle, were first available in the US, and hence North America plays an important role in the flexible display market.

Request Free Sample Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=788

Key Market Players

LG Display Co., Ltd. (South Korea), Samsung Electronics (South Korea), Innolux Corp. (Taiwan), AU Optronics (Taiwan), Japan Display Inc. (Japan), BOE Technology Group Co., Ltd. (China), Sharp Corp. (Japan), Visionox Corporation (China), E Ink Holdings, Inc. (Taiwan), Corning Incorporated (US), E. I. du Pont de Nemours and Company (US), FlexEnable Limited (UK), Kateeva (US), Cambrios Technologies Corp. (US), Royole Corporation (US) are the key market players in the Flexible display market.

Selected Market Dynamics in Flexible Display Market

The flexible display market is projected to grow from USD 2.7 billion in 2016 to USD 15.1 billion by 2022, at a CAGR of 34.4% between 2017 and 2022.

Technological shift and development of energy-efficient, attractive, and high-specification flexible display products

The flexible display market has witnessed tremendous technological advancements in the past few years. Display devices have changed from being bulky and space-consuming to slim and bezel-less. They now offer high resolution, improved contrast ratio, and low power consumption compared with traditional display devices based on CRT technology. High competition in the display market has led to new product developments and launches with attractive looks and high-end specifications. Companies such as Samsung Electronics Co., Ltd. (South Korea) and LG Display Co., Ltd. (South Korea) have led the display market toward a new era with the launch of products based on technologies such as OLED and Q-dot LED. OLEDs offer a better viewing angle and an excellent contrast rate, and are brighter than LCDs. OLEDs also exhibit refresh rates, thereby facilitating a high-definition video. Attractive looks and high specifications of display products such as TVs, desktop monitors, notebooks, and mobile phones grab the attention of consumers. Display products based on the OLED technology have revolutionized the display market.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=788

Complex manufacturing process

The manufacturing process of flexible displays is complex, and it involves several stages. At present, the designing part of other competing display technologies is superior and involves less number of manufacturing stages. A major challenge with respect to the flexible display technology is to match the performance of the rigid display and electronics technology currently available in the market. Many organic materials used for flexible displays and electronics are susceptible to moisture and oxygen. Exposure to oxygen and moisture reduces the life of a material. Thus, they provide less protection. Additionally, these materials tend to operate at slow speeds and high voltages. They are also sensitive to extreme temperatures. As the technology and the market progress, companies would focus on these issues to gain a competitive edge.

Inquiry before Buying the Report:

https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=788

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Flexible Display Market Is Projected To Grow At the Highest CAGR during 2017-2022

According to the market research report, "Flexible Display Market by Application (Smartphone, Smartwatch, Wearable, TV, Digital Signage, PC Monitor, E-reader, Electronic Shelf Label, and Automotive), Technology (OLED, Quantum Dots, LED, E-Paper), Panel Size, and Geography - Global Forecast to 2022", the market is projected to grow from USD 2.7 billion in 2016 to USD 15.1 billion by 2022, at a CAGR of 34.4% between 2017 and 2022. Growth of this market is driven majorly by a technological shift, the development of energy-efficient, attractive, high-specification products, and the rising demand for smartphones, smartwatches, wearables, televisions, PC monitors, and laptops.

Browse 62 market data Tables and 51 Figures spread through 171 Pages and in-depth TOC on "Flexible Display Market by Application (Smartphone, Smartwatch, Wearable, TV, Digital Signage, PC Monitor, E-reader, Electronic Shelf Label, and Automotive), Technology (OLED, Quantum Dots, LED, E-Paper), Panel Size, and Geography - Global Forecast to 2022"

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=788

The smartphones and tablets segment accounted for the largest share of the flexible display market in 2016

The smartphones and tablets segment accounted for the largest share of the market in 2016. Smartphones have LED-LCD and OLED-variant–based display panels, and tablets are extended forms of smartphones and are equipped majorly with LED-LCD display panels. Various smartphone and laptop manufacturing and supplying companies have entered the tablet market due to the high demand in the consumer market. The use of flexible displays in smartphones and tablets makes these more durable, as they offer stylish designs and better ergonomics to operate these devices. The market for smartphones and tablets is growing significantly, owing to the increasing demand for hand-held devices around the world. This trend is expected to continue during the forecast period.

The OLED technology segment is projected to grow at the highest CAGR during the forecast period

The Organic Light-emitting Diode (OLED) technology segment is expected to grow at the highest CAGR between 2017 and 2022. OLED is a display technology used in various devices, including smartphones, tablets, laptops, smartwatches, and wearables. For example, OLEDs are used in mobile phones, digital cameras, VR headsets, tablets, laptops, and televisions. OLED has the potential to revolutionize the future of display as it is made of carbon and offers various advantages, such as low power consumption, fast response time, and flexibility.

Request Free Sample Pages of report:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=788

North America accounted for the largest share of the market for flexible display in 2016

North America accounted for the largest share of the market in 2016, followed by the Asia Pacific and Europe. The US accounted for the largest share of the market in North America in 2016. Flexible displays are used majorly in smartphones, tablets, smartwatches, and wearables. Leading companies offering devices and components include Apple, Inc. (US) and Corning Incorporated (US), which are based in North America, and this factor has helped the growth of the flexible display market in the region.

Major players operating in the flexible display market include Samsung Display Co. Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Japan Display, Inc. (Japan), and BOE Technology Group Co., Ltd. (China), among others.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com​

Global Flexible Display Market to Show Strong Growth by 2018-2022: Overview, Detailed Analysis, Future Forecasts

According to the market research report "Flexible Display Market by Application (Smartphone, Smartwatch, Wearable, TV, Digital Signage, PC Monitor, E-reader, Electronic Shelf Label, and Automotive), Technology (OLED, Quantum Dots, LED, E-Paper), Panel Size, and Geography - Global Forecast to 2022" , the market is expected to grow from USD 2.67 Billion in 2016 to USD 15.14 Billion by 2022, at a CAGR of 34.42% between 2017 and 2022. 

The growth of this market is majorly driven by a technological shift to and development of energy-efficient, attractive, and high-specification products and the rising demand for smartphones, smartwatches, wearables, televisions, PC monitors, and laptops.

Ask for PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=788

The smartphones and tablets segment was the largest segment of the flexible display market in 2016.

The smartphones and tablets segment was the largest market segment in 2016. The use of flexible displays in smartphones and tablets makes these more durable, as they offer stylish designs and better ergonomics to operate the devices.

The OLED technology segment is expected to witness the highest growth during the forecast period.

The Organic Light-emitting Diode (OLED) technology segment is expected to witness the highest growth between 2017 and 2022. OLED is a display technology and can be used in various devices, including smartphones, tablets, laptops, smartwatches, and wearables. For example, OLEDs are used in mobile phones, digital cameras, VR headsets, tablets, laptops, and televisions.

Browse in-depth TOC on "Flexible Display Market"

Tables – 62

Figures – 44

Pages- 134

Rising demand for OLED-based devices:

The rising awareness regarding the benefits of OLED technology among consumers has resulted in the increased usage of OLED displays, significantly adding to the development of this market. OLED-based display products offer better viewing angle, and excellent contrast and refresh rates. Active-matrix OLED (AMOLED) products, driven mainly by Samsung Electronics Co., Ltd. (South Korea), are the main fascination of the end users in the consumer electronics market. Samsung offers AMOLED-based display panels in all of its flagship smartphones.

The increasing demand for OLEDs in smartphones, especially for flexible displays, has triggered the growth of the OLED market. OLED offers many advantages, such as low power consumption and reduced material usage, compared with other display technologies such as LED-backlit LCD, offering the widest viewing angle to its user. At present, the market share of OLED in smartphones is less compared with LCD technology; however, it is expected that the OLED technology will have more share in the smartphone market by 2022.

Request Free Sample Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=788

North America was the largest market for flexible display in 2016.

North America was the largest market in 2016, followed by Asia Pacific and Europe. The US accounted for the largest share of the market in North America. Flexible displays are majorly used in smartphones, tablets, smartwatches, and wearables. Leading companies offering devices and components include Apple, Inc. (U.S.) and Corning Incorporated (U.S.) are based in North America, which has helped the growth of the flexible display market in the region.

Major players operating in the flexible display market include Samsung Display Co. Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Japan Display, Inc. (Japan), and BOE Technology Group Co., Ltd. (China), among others.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com