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At 34+% CAGR, Flexible Display Market Potentially Worth $15.14 Billion by 2022 Led by OLED Technology
Friday, June 02, 2017

The flexible display market is forecast to reach $15.14 billion by 2022 from $2.67 billion in 2016 at a CAGR of 34.42% during (2017-2022) driven by a technological shift to and development of energy-efficient, attractive, and high-specification products and the rising demand for smartphones, smartwatches, wearables, televisions, PC monitors, and laptops.

PUNE, India, June 2, 2017 /PRNewswire-iReach/ -- The technology based, OLED technology segment was the largest segment of the flexible display market in 2016. The Organic Light-emitting Diodes (OLED) technology segment was the largest segment of the market in 2016. OLED-based displays are widely used in smartphones, tablets, desktop monitors, and televisions. These displays have excellent picture quality and operating life. Complete report on "Flexible Display Market" spread across 171 pages, profiling 11 companies and supported with 62 tables and 51 figures is now available at .

Based on application, the smartphones and tablets segment was the largest segment of the flexible display market in 2016. The smartphones and tablets segment was the largest segment of the flexible display market in 2016. These displays are used in various smartphones, such as the Samsung Galaxy S8/S8+, Samsung Galaxy Round, and VIVO Xplay6. These displays can be customized as per the requirements of end users and thus provide design flexibility.

The flexible display devices have various advanced features such as light and thin structure, low power requirement, excellent contrast, fast response time, and a wide viewing angle. Technological shift to and development of energy-efficient, attractive, and high-specification products is a key factor expected to drive the growth of this market. However, the complex manufacturing process of flexible display scan restrain the growth of the market.

The Asia Pacific to be the fastest growing flexible display market between 2016 and 2022. Asia Pacific was one of the major markets for flexible displays in 2016, driven by the high demand for consumer electronics in China. The growing markets for smartphones, smart watches, wearables, televisions, and digital signage systems in China are expected to boost the demand for flexible displays in the country. The presence of key manufacturers of display technologies, including Samsung Electronics Co., Ltd. (South Korea) and LG Display Co. Ltd. (South Korea) in the region is expected to further fuel the growth of the Asia Pacific flexible display market.

This research study is obliging for following audience:

    1. Original Equipment Manufacturers (OEMs)
    2. OEM Technology Solution Providers
    3. Display Material Providers
    4. Research Institutes
    5. Market Research and Consulting Firms
    6. Forums, Alliances, and Associations
    7. Technology Investors
    8. Governments and Financial Institutions
    9. Analysts and Strategic Business Planners
    10. End Users

The report profiles key players in the flexible display market and analyzes their market ranking. The major players profiled in this report are Samsung Display Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Japan Display, Inc. (Japan), AU Optronics Corp. (Taiwan), BoE Technology Group Co. Ltd. (China), and Innolux Corp. (Taiwan).Download PDF Brochure "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 to 2022" research report at .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (26%), Tier 2 (32%) and Tier 3 (42%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (52%), Directors Level (23%) and Managers (25%) from various key organizations operating in the flexible display market. The primary interviews were conducted worldwide covering regions such as North America (44%), Europe (29%), Asia-Pacific (23%) and RoW (4%).

Research Coverage: This research report categorizes the flexible display market based on application, technology, panel size, and geography. The report provides market dynamics that includes a description of the major drivers, restraints, opportunities, and challenges pertaining to the market, along with value chain analysis and market ranking analysis.

On a related note, another research titled Display Market Global Forecast to 2022 says, the display market was valued at $106.41 billion in 2015 and is expected to reach $169.17 billion by 2022, at a CAGR of 7.5% between 2016 and 2022. Smart wearable are expected to grow at the highest rate in the display market. Devices based on Quantum dot and OLED technology is expected to witness the highest growth in the display market. North America holds the largest market size and APAC to witness the highest growth in the display market. Companies such as LG Display Co., Ltd. (South Korea), Samsung Electronics Co., Ltd. (South Korea), AU Optronics Corp. (Taiwan), Innolux Corp. (Taiwan), Japan Display Inc., (Japan), Sharp Corp. (Japan), BOE Technology Group Co. (China), Hannstar Display Corp. (Taiwan), Varitronix International Limited (Hong Kong), TCL Display Technology Holdings Limited (Hong Kong), Universal Display Corp. (U.S.), and E Ink Holdings Inc. (Taiwan) have been profiled in this 199 pages research report available at .

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Media Contact: Ritesh Tiwari, RnR Market Research, +1-888-391-5441,

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