According to Technavio’s latest market research study, the global flexible displays market is expected to grow at a CAGR of more than 35% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global flexible displays market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the technology type
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The top three revenue contributing technology segments are discussed below:
Global flexible OLED market: The smartphone and TV applications account for a majority of the demand for OLED displays in the global market. Developments in other segments such as smartwatches, TVs, e-readers, and signage employing OLED technology is expected to drive further growth of the market during the forecast period.
“Unlike the LCD panels, OLED displays do not require a backlight, resulting in size saving. This helps the TV and smartphone manufacturers to develop thin display devices that are popular in the market,” says Sunil Kumar Singh, a lead analyst at Technavio for research on displays.
Global flexible EPD market: Flexible electronic paper display (EPD) is based on the printed electronics concept. The global market for flexible EPD displays is currently witnessing the replacement of glass with plastic in the backplane to avoid the bulky and breakable display.
Global flexible LCD market: LCD is a non-emissive technology and needs an external light source called a backlighting unit. The adoption of LCD displays is anticipated to experience moderate growth during the forecast period due to the increasing preference for flexible OLEDs in the global market.
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The top vendors operating in the global flexible displays market are:
- LG Display
- Samsung Display
Other prominent vendors in the market include AU Optronics, BOE Technology Group, EverDisplay Optronics (EDO), E Ink Holdings, RiTdisplay, Universal Display Corporation, and Visionox.
A more detailed analysis is available in the Technavio report titled, ‘Global Flexible Displays Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Large Area Displays Market 2017-2021
- Global Flexible Electronics Market 2016-2020
- Global 3D Display Market 2016-2020
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