The study reveals that flexible display technology is trending the electronic market. The updated display technology with better features is the flexible display technology. Flexible display technology has many benefits as rugged, lightweight, non-breakable, portable and many more. Rapid IT modernization, investment in technological developments and others are the key factors driving flexible display technology market.
Layers of organic compound materials are used in flexible technology, these material has a low temperature resistance which results as a restraining factor for flexible technology market. The study indicates that continuous advancements in the technology would overcome it. Many organizations are still trying to develop the capability to infiltrate the flexible display technology in their applications such as smartphone, smart watches, tablets and many more. It has been observed that the costs for adopting flexible technology are presently high, which results as a limitation to use of flexible technology.
The Flexible Display Technology Market is growing rapidly over 21% of CAGR and is expected to reach at USD ~36 billion by the end of forecast period.
The prominent players in the Flexible display technology Market are – Samsung Display (Korea), LG Display Co. Ltd. (South Korea), Hewlett-Packard Company (U.S.), Sony Corporation (Japan), Atmel Corporation (U.S.), Kent Displays Inc. (U.S.) Universal Display Corporation (U.S.), Novaled AG (Germany), Dupont Display (U.S.), Corning Inc. (U.S.), Philips Electronics (Netherlands), Materion Corporation (U.S.), AU Optronics (Taiwan), E Ink Holdings Inc. (Taiwan) among others
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The global flexible display technology market has been segmented on the basis of technology, application, component, material, end-user and region.
Flexible display technology Market by Technology:
- Liquid crystal display (LCD)
- Organic light emitting diode (OLED)
- Electronic paper display (EPD)
Flexible display technology Market by Application:
- Wearable Display
Flexible display technology Market by Component:
Flexible display technology Market by Material:
- Polymer (amorphous and crystalline)
- Glass-reinforced plastic (GRP)
Flexible display technology Market by end-user:
- Consumer Electronics
The regional analysis of Flexible display technology market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. Rapid developments in IT has driven the market of flexible display technology in North America. It has been observed that North America region is the leading in flexible display technology market it is followed by Europe and Asia-Pacific region. The study reveals that Asia-Pacific region is going to grow significantly over the forecast period. Asia-Pacific countries like Taiwan, South Korea have a fair share in the flexible display technology market.
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- Technology investors
- Flexible display manufacturers
- System Integrators
- Research/Consultancy firms
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