Global Flexible Display Market Size, Trends & Growth Opportunity By components (Substrate, Organic Material, Conductive Layer, Backlight Panel), By Application (Television, Smart Phone, E-reader, Tablet, and Laptop), by technology (Display Technology, Display Manufacturing Technology), By Region and Forecast till 2027
Report ID : IR100594 | Industries : Energy & Power | Published On :May 2024 | Page Count : 256
Global Flexible Display Market Size, Trends & Growth Opportunity By components (Substrate, Organic Material, Conductive Layer, Backlight Panel), By Application (Television, Smart Phone, E-reader, Tablet, and Laptop), by technology (Display Technology, Display Manufacturing Technology), By Region and Forecast till 2027
Market Overview
Global Flexible Display Market was valued at USD 7.88 billion in 2021 which is expected reach USD 19.98 billion by 2027 at a CAGR 19.1 %from 2022-2027.
Flexible displays, also known as rollable displays, are unbreakable, flexible, and thin in nature. These are classified into E-Paper, OLED, LCD, LCOS, Flat Panel Display Technology, and Plasma Display Technology. These are lightweight, energy-efficient, shatter-proof, and bendable displays.
Market Drivers
the rise in demand for display-based consumer electronics, combined with consumer preference for energy-efficient technology, is expected to drive the global flexible display market growth. Furthermore, rising technological advancements in the field of display technologies will boost market growth. For example, in October 2019, Samsung launched a new foldable flexible display screen with an OLED panel in India. Furthermore, the rapid growth of the smart wearable market will drive the demand for flexible displays in the near future. Furthermore, massive investment in capacity expansion to meet demand. For example, in 2019, LG Display invested approximately $970 million in a 6th generation flexible OLED display production line.
Market Restraints
However, complex manufacturing processes and high capital investments are expected to limit the global flexible display market's growth.
Market Segmentation
Global Flexible Display Market is segmented into components such as Substrate, Organic Material, Conductive Layer, Backlight Panel, and Others, by technology such as Display Technology (E-Paper, OLED, LCD, and LCOS), and Display Manufacturing Technology (Flat Panel Display Technology, and Plasma Display Technology). Further, market is segmented into application such as Television, Smart Phone, E-reader, Tablet, and Laptop.
Also, Global Flexible Display Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the Flexible Display market. The high demand for smart phones and smart watches observed in this region's countries has proven to be a major driving force for the market's growth. China and India have proven to be promising markets for flexible displays.
Due to the rising market demand, the North American region has experienced significant growth. The aerospace industry's extensive use of flexible displays has proven to be a market-stimulating factor. Due to the rapidly growing automotive industries in the region, Europe has also proven to be a potential market for flexible displays.
Market Key Players
Various key players are discussed in this report such as LG Display Co., Ltd., Corning Incorporated, E Ink Holdings, Inc, Visionox Corporation , Sharp Corp., BOE Technology Group Co., Ltd, Japan Display Inc, AU Optronics Corp, Innolux Corp, and Samsung Electronics
Market Taxonomy
By Component
• Substrate
• Organic Material
• Conductive Layer
• Backlight Pane
• Others
By Technology
• Display Technology
o E-Paper
o OLED
o LCD
o LCOS
• Display Manufacturing Technology
o Flat Panel Display Technology
o Plasma Display Technology
By Application
• Television
• Smart Phone
• E-reader
• Tablet
• Laptop
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Flexible Display Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Flexible Display Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Flexible Display Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Flexible Display Market Share Analysis, By Component
5.3 Global Flexible Display Market Size and Forecast, By Component
5.3.1 Substrate
5.3.2 Organic Material
5.3.3 Conductive Layer
5.3.4 Backlight pane
5.3.5 Others
6 Global Flexible Display Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Flexible Display Market Share Analysis, By Technology
6.3 Global Flexible Display Market Size and Forecast, By Technology
6.3.1Display Technology
6.3.1.1E-Paper
6.3.1.2OLED
6.3.1.3LCD
6.3.1.4LCOS
6.3.2 Display Manufacturing Technology
6.3.2.1Flat Panel Display Technology
6.3.2.2Plasma Display Technology
7 Global Flexible Display Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Flexible Display Market Share Analysis, By Application
7.3 Global Flexible Display Market Size and Forecast, By Application
7.3.1Television
7.3.2 Smart Phone
7.3.3E-reader
7.3.4 Tablet
7.3.5 Laptop
8Global Flexible Display Market, By Region
8.1 Global Flexible Display Market Share Analysis, By Region
8.2 Global Flexible Display Market Share Analysis, By Region
8.3 Global Flexible Display Market Size and Forecast, By Region
9 North America Flexible Display Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Flexible Display Market Share Analysis, By Component
9.3 North America Flexible Display Market Size and Forecast, By Technology
9.4 North America Flexible Display Market Size and Forecast, By Application
9.5 North America Flexible Display Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10Europe Flexible Display Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Flexible Display Market Share Analysis, By Component
10.3 Europe Flexible Display Market Size and Forecast, By Technology
10.4 Europe Flexible Display Market Size and Forecast, By Application
10.5 Europe Flexible Display Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Flexible Display Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Flexible Display Market Share Analysis, By Component
11.3 Asia Pacific Flexible Display Market Size and Forecast, By Technology
11.4 Asia Pacific Flexible Display Market Size and Forecast, By Application
11.5 Asia Pacific Flexible Display Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Flexible Display Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Flexible Display Market Share Analysis, By Component
12.3 Latin America Flexible Display Market Size and Forecast, By Technology
12.4 Latin America Flexible Display Market Size and Forecast, By Application
12.5 Latin America Flexible Display Market Size and Forecast, Country
13Middle East Flexible Display Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Flexible Display Market Share Analysis, By Component
13.3 Middle East Flexible Display Market Size and Forecast, By Technology
13.4 Middle East Flexible Display Market Size and Forecast, By Application
13.5 Middle East Flexible Display Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 LG Display Co., Ltd
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Corning Incorporated
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 E Ink Holdings, Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Visionox Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Sharp Corp
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 BOE Technology Group Co., Ltd
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Japan Display Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 AU Optronics Corp
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Innolux Corp
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Samsung Electronics
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies