Flexible Display Market Insights:
Flexible Display Market size was valued at USD 14.61 Billion in 2021, registering a CAGR of 28.2% during the forecast period (2022-2030), and the market is projected to be worth USD 136.66 Billion by 2030.
In contrast to the usual flat screen displays used in many electronic gadgets, a flexible display is a visual output display that can be bent, folded, and twisted. In the previous decade, there have been several advancements in smartphone and tablet screens, such as flexible displays. Flexible displays are without a doubt one of the most important ideas, with enormous commercial potential. Despite the fact that multiple firms have been researching the technology for more than a decade, it is still relatively new.
Flexible Display Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Display type (OLED, LCD, Electronic Paper Display (EPD), Others), application (Smartphones and Tablets, Smart Wearables, Televisions and Digital Signage Systems, Personal Computers and Laptops, Others), By Substrate Material (Glass, Plastic, Others) and companies (Plastic Logic (FlexEnable Limited), Royole Corporation, Samsung Electronics Co. Ltd., Sharp Corporation and Toshiba Corporation., AU Optronics Corp., BOE Technology Group Co. Ltd., Corning Incorporated, DuPont de Nemours Inc., E Ink Holdings Inc., Innolux Corporation, Koninklijke Philips N.V., LG Electronics Inc), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 28.2%, over the forecast period of 2022–2030.
The increased adoption of Flexible Display in the Display Technologies industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Flexible Display also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Flexible Display in many sectors also boosts the market growth during the forecast period.
Flexible Display Report Coverage:
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||136.66 Billion|
|By Display Type||OLED, LCD, Electronic Paper Display (EPD), Others|
|By Application||Smartphones and Tablets, Smart Wearables, Televisions and Digital Signage Systems, Personal Computers and Laptops, Others.|
|By Substrate Material||Glass, Plastic, Others|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||Plastic Logic (FlexEnable Limited), Royole Corporation, Samsung Electronics Co. Ltd., Sharp Corporation and Toshiba Corporation., AU Optronics Corp., BOE Technology Group Co. Ltd., Corning Incorporated, DuPont de Nemours Inc., E Ink Holdings Inc., Innolux Corporation, Koninklijke Philips N.V., LG Electronics Inc.|
The COVID-19 pandemic has had a substantial negative influence on the Flexible Display market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Plastic Logic (FlexEnable Limited), Royole Corporation, Samsung Electronics Co. Ltd., Sharp Corporation and Toshiba Corporation., AU Optronics Corp., BOE Technology Group Co. Ltd., Corning Incorporated, DuPont de Nemours Inc., E Ink Holdings Inc., Innolux Corporation, Koninklijke Philips N.V., LG Electronics Inc.
Flexible Display Market Segment Analysis:
By Display Type:
- Electronic Paper Display (EPD)
- Smartphones and Tablets
- Smart Wearables
- Televisions and Digital Signage Systems
- Personal Computers and Laptops
By Substrate Material:
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Flexible Display industries in the region.
Key Flexible Display Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Flexible Display Market segments.
– Largest Market Share Held by Industry to Industry for Flexible Display
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Flexible Display Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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