The Global Flexible Display Market is projected to reach a value of over USD 64.1 billion by 2027 at a CAGR of around 33.6%.
Display technologies have transformed from traditional cathode ray tube (CRT) displays to flexible displays. A flexible display is a visual output surface which can be folded, twisted, or bend. Flexible displays can be used for multitasking purposes in various consumer electronic products such as mobile devices, smart TVs and others. Flexible displays allow the device to stored in a smaller space. Flexible displays are thin, light in weight, and provide better resolution than traditional displays. Samsung Electronics Co. Ltd and LG Display are the key players in the flexible display market.
Market Driver:
The electronics sector is typically divided between consumer electronics, electric utilities, and general electronics. Consumer electronics drive most of the growth in the electronics market. Rising demand for smartphones, tablets, laptops and wearable devices increases the flexible display market during the forecast period. Moreover, smart city initiatives also grow the consumer electronics market. Increasing investment in new display technologies and the latest technologies related to electronic devices are also expected to grow the flexible display market during the upcoming years.
Market Opportunities:
Smart wearables are body-borne computational and sensory devices that can sense the person who wears them and/or their environment. Wearables can communicate either directly through embedded wireless connectivity or another device such as a smartphone. The adoption of smart wearable is increasing due to miniaturization of electronics, advances in sensor technology, computing connectivity & power, and capacity to embed intelligence into electronics. Flexible displays and sensors which provide freedom of design to producers and increases the comfort of the devices. Hence growing smart wearable devices will become an opportunity for a flexible display market during the forecast period.
The report on the flexible display market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Technology, Material, Display Type, Application |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Flexible Display Market, by Technology
Flexible Display Market, by Material
Flexible Display Market, by Display Type
Flexible Display Market, by Application
FLEXIBLE DISPLAY Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE FLEXIBLE DISPLAY MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY