Global Flexible Display Market: Key Highlights
Global Flexible Display Market: Key Market Dynamics
Global Flexible Display Market: Regional Overview
Flexible Display market in North America is expected to grow with the fastest growth rate during the forecast period. North America has world-class companies with process technologies, competencies, equipment, and intellectual property relevant to flexible and printed electronics. The US expected to dominate the flexible display market in the North America region. The US enjoys various advantages in the growing field of flexible electronics owing to it has the quality and largest system infrastructure of system universities in the world, in which many universities are engaged in research and development of flexible electronics. Thus, the flexible display market will increase and get the highest growth during the upcoming years.
Asia-Pacific is expected to hold the largest market share in the flexible display market during the forecast period. The growing semiconductor industry, the consumer electronics market and growing developments in display technology drive the market in the Asia-Pacific region. China, Singapore, Japan, and South Korea are adopting new technologies faster than any other country in Asia-Pacific that will help to boost the market of the Asia Pacific region. The presence of global display manufacturing companies such as Samsung Electronics Co Ltd, LG, and Japan Display will boost the market in this region.
Global Flexible Display Market: Key Players Overview
Samsung engages in the provision of selling and manufacturing of computer peripherals and various electronic products. The company operates through three business segments: Information technology & mobile communication, consumer electronics, and device solutions. The IT & communication segment offers computers and digital cameras, handheld products, and communication systems. The consumer electronics segment provides TV, monitor, printer, air- conditioners, washing machines, refrigerators, and medical devices. Devices solutions segment consists of a light emitting diode, system large scale integrated circuit, and memory. In September 2019, Samsung launched Galaxy Fold, a flexible display with Qualcomm Snapdragon 855 soc process with QXGA 1536 x 2152 screen resolution.
Sony Corporation engages in the development, design, manufacture, and sale of electronic equipment, instruments, devices, game consoles, and software for consumers, professionals and industrial markets. The company operates through nine business segments: home entertainment and sound, game and network services, imaging products and solutions, music, pictures, mobile communications, semiconductors, financial services, and all others. In July 2019, Sony patents a flexible display with built-in sensors. These built-in sensors include pressure sensors, temperature sensors, and acceleration sensors.
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