October 7, 2020

Flexible Display Market Size will Escalate Rapidly in the Near Future | Industry Forecast Report by 2027

Global Flexible Display Market was valued at USD 6.88 billion in 2019 which is expected reach USD 18.98 billion by 2027 at a CAGR 28.5%.

The global Flexible Display market is studied in detail in the new report on Qualiket Research. The new report studies the Flexible Display market by profiling its major driving factors and restraining factors, compiling a comprehensive database on the market’s historical growth trajectory and present conditions, and by using easy formulation of calculations and estimations through the use of industry-leading analytical tools and methods.

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Flexible display is referred as rollable display which is unbreakable, flexible, and thin in nature.  These are divided into various technologies such as E-Paper, OLED, LCD, LCOS, Flat Panel Display Technology, and Plasma Display Technology. These are lightweight, energy efficient displays, shatter-proof, and bendable.

Market Drivers

Rise in demand for display based consumer electronics coupled with consumer inclination towards energy efficient technology is the driving factor which is expected to boost the global flexible display market growth. Furthermore, growing technological advancements in the field of display technologies will have the positive impact on market growth. For instance, in October 2019, Samsung had launched new foldable flexible display screen in India with OLED panel. Moreover, high growth of smart wearable market will impel the flexible displays demand in near future. Moreover, increase in huge investment for expansion of capacities to meet demand. For instance, in year 2019 LG display had invested around 970 million in 6th generation flexible OLED display production line.

Market Restraints

However, complex manufacturing processes and high capital investments are the restraining factors which are expected to hamper the global flexible display market growth.

Market Key Players

Various key players are discussed in this report such as LG Display Co., Ltd., Corning Incorporated, E Ink Holdings, Inc, Visionox Corporation, Sharp Corp., BOE Technology Group Co., Ltd, Japan Display Inc, AU Optronics Corp, Innolux Corp, and Samsung Electronics

Market Taxonomy

By Component

  • Substrate
  • Organic Material
  • Conductive Layer
  • Backlight Pane
  • Others

By Technology

  • Display Technology
  • E-Paper
  • OLED
  • LCD
  • LCOS
  • Display Manufacturing Technology
  • Flat Panel Display Technology
  • Plasma Display Technology

By Application

  • Television
  • Smart Phone
  • E-reader
  • Tablet
  • Laptop

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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