
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, Di
Description
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), Regional Outlook, Competitive Market Share & Forecast, 2022 – 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 soon.
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
The 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.
Regional Analysis
The 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.
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
OLED
LCD
LCOS
Plasma Display Technology
By Application
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 soon.
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
The 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.
Regional Analysis
The 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.
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
- Display Technology
OLED
LCD
LCOS
- Display Manufacturing Technology
Plasma Display Technology
By Application
- Television
- Smart Phone
- E-reader
- Tablet
- Laptop
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Contents
125 Pages
- 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
- 6.3.1 Display Technology
- 6.3.1.1 E-Paper
- 6.3.1.2 OLED
- 6.3.1.3 LCD
- 6.3.1.4 LCOS
- 6.3.2 Display Manufacturing Technology
- 6.3.2.1 Flat Panel Display Technology
- 6.3.2.2 Plasma 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
- 7.3.1 Television
- 7.3.2 Smart Phone
- 7.3.3 E-reader
- 7.3.4 Tablet
- 7.3.5 Laptop
- 8 Global 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
- 10.5.4 Rest of Europe
- 11 Asia 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
- 12 Latin 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
- 12.5.1 Brazil
- 12.5.2 Rest of Latin America
- 13 Middle 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
- 13.5.1 Saudi Arabia
- 13.5.2 UAE
- 13.5.3 Egypt
- 13.5.4 Kuwait
- 13.5.5 South Africa
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company 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
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