Global flexible display market is gaining huge growth owing to mass usage in diverse application areas from smart phones to giant screens. On account of technological advancement, new design mechanism and handling & transportation ease, global flexible display market demand is expected to propel over the forecast period. Without any image quality distortion, the flexible display can be easily folded, twisted and rolled in any direction which makes the product user friendly for diverse customer base. Flexible display finds its major use in application areas including tablets, watches, smart phones, monitors, laptops and other gadgets.
Owing to several flexible display properties including non-brittle, light weight, easy to handle, rugged, low power consumption and very thin dimensions, market is expected to be more prominent from consumer point of view in comparison with flat displays and is expected to uplift the global flexible display market over the forecast period. Raw materials used in the flexible display production are majorly derived from organic molecules and compounds. Distinguish features coupled with consumer electronics goods industry growth are predicted to drive the global flexible display market in the coming years. Complex manufacturing process is expected to restrain the global flexible display market growth over the forecast period.
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Global flexible display market is segmented on the basis of components, materials and applications. Components segments is sub segmented into backlight panel, substrate, conductive layer and organic material. Substrate is further categorized in LCD and OLED. The materials segment is sub sectioned into glass, glass-reinforced plastic (Grp) and polymer. Polymer segment is further sub segmented into amorphous & solution-castable amorphous and crystalline. Amorphous & solution-castable amorphous includes polycarbonate (Pc) and polyether sulphone (Pes) whereas crystalline is further categorized in polyethylene naphthalate (Pen) and polyethylene teraphthalate (Pet). The application segment is categorized into e-reader, laptop, tablet smart-phone, television and tablet.
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North America was holding major flexible display market share followed by Europe and Asia Pacific respectively. Asia Pacific is expected to witness high growth rate in coming years on account of growing economies, increasing disposable income and consumer electronic goods industry growth.
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Key players dominating global flexible display market are Universal Display Corporation, Polymer Vision, Corning Incorporated, Sony Corporation, Materion Corporation, Flexible Display Center (Asu), Atmel Corporation, Delta Electronics, Inc., Visionox, Philips Electronics, Hewlett-Packard Company, Nanolumens, Kent Displays, Inc., Sony Corporation, E Ink Holdings, Inc., Nokia, AU Optronics Corp., Toppan Printing Co. Ltd., Novaled AG, Dupont Display, LG Display Co. Ltd. and Plastic Logic Ltd.
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