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Massive Growth in Flexible Display Market by Application (Smartphone, Smartwatch, Wearable, TV, Digital Signage, PC Monitor, E-reader, Electronic Shelf Label, and Automotive), Technology (OLED, Quantum Dots, LED, E-Paper), Panel Size, and Geography – Global Forecast and Analysis to 2024

The flexible display market was valued at US $ 4 billion in 2018 and is expected to reach the US $ 19 billion by 2024, at a CAGR of 36% over the forecast period. A flexible display is a type of visual display that has an inherent flexible property. This type of display can be used in many applications, such as e-paper, smartphones, televisions, digital signage, and smartwatches. Flexible displays can be based on LCD, LED or OLED technologies. Among these, OLED Flexible has gained popularity for manufacturing flexible display panels. These screens rely on a flexible substrate that can be plastic, flexible glass or metal. Smartphones and tablets have the largest market share among all flexible screen apps.

Market dynamics

Drivers:

  • High demand for OLED-based devices
  • Technological transformation and development of flexible, energy-saving, attractive and high-spec display products
  • High growth of consumer goods

Restrictions:

  • Complex manufacturing process

Opportunities:

  • The high growth of intelligent hardware market
  • Applications arising from flexible screens

Challenges:

  • Fluctuations in ASP flexible display panels

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Key Market Segments:

Key Market players:

Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Innolux Corp. (Taiwan), AU Optronics Corp. (Taiwan), Japan Display Inc. (Japan), BOE Technology Group Co., Ltd. (China), Sharp Corp. (Japan), Universal Display Corporation (US), and E Ink Holdings Inc. (Taiwan)

By Application

  • Smartphones and Tablets
  • Smartwatches and Wearables
  • Televisions and Digital Signage Systems
  • PC Monitors and Laptops
  • E-readers
  • Electronic Shelf Labels (ESLs)
  • Vehicle and Public Transport
  • Smart Home Appliances

By Technology

  • OLED
  • E-Paper Display
  • Quantum Dot LED
  • LED-Backlit LCD

By Panel Size

  • Up to 6″
  • 6–20″
  • 20 –50″
  • Above 50″

Geographic Analysis

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

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High demand for OLED-based devices

Increased awareness of the benefits of OLED technology among consumers has led to an increase in the use of OLED displays, resulting in a significant increase in the development of the flexible display market. OLED-based display products provide a better viewing angle and excellent contrast and refresh rates. Active OLED (AMOLED) products, mainly directed by Samsung Electronics Co., Ltd. (South Korea), end-users charm in the consumer electronics market. Samsung offers AMOLED-based display panels on all its flagship smartphones.

The growing demand for OLEDs in smartphones, especially for flexible displays, has led to the growth of the OLED market. OLEDs offer many advantages over other display technologies, such as backlit LCDs that offer users the widest viewing angle, such as low power consumption and reduced material usage. At present, the OLED market share in smartphones is less than LCD technology. However, OLED is expected to gain a larger share in the smartphone market by 2024.

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Table of Content:

Chapter 1 Global Flexible Display Market Overview

Chapter 2 Global Economic Impact on Flexible Display Industry

Chapter 3 Global Flexible Display Market Competition by Manufacturers

Chapter 4 Global Flexible Display Production, Revenue (Value) by Region

Chapter 5 Global Flexible Display Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Flexible Display Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Flexible Display Market Analysis by Application

Chapter 8 Flexible Display Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Flexible Display Market Forecast

Chapter 13 Appendix

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