According to a new market research report published by Credence Research “Flexible Displays Market (By Applications – Smartphones, Wearables, Television Sets, Automotive Displays and Others; By Substrate: Glass, Plastic and Metal) - Growth, Future Prospects, Competitive Analysis and Forecast 2017 - 2025”, the global flexible display market was valued at US$ 4,965.3 million in 2016 and is expected to grow by 26.5 per cent in the CAGR during the forecast period from 2017 to 2025.
Browse the full report at https://www.credenceresearch.com/report/flexible-display-market
Market Insights
Factors such as effective demonstrations of flexible display technology by some of the major display producers, including Samsung Display and LG Display, have resulted to an increasing demand for flexible electronics. Consumers around the world have shown great interest in smartphones and wearables that can be easily bent or folded according to their convenience. Display companies have worked rigorously to incorporate flexible display techniques into periodic consumer electronics. Automotive displays are another important application anticipated to drive demand for flexible displays in the near future. Auto-makers have consistently invested in innovative display technologies to be used in various infotainment and navigation systems to ensure enhanced user experience. Flexible displays have provided interesting possibilities for the design and growth of convenient and intuitive automotive displays. With the continuing production design of commercially feasible electronics, the market for flexible displays is anticipated to grow significantly in the years to come.
Competitive Insights:
The global flexible displays market is fairly niche with leading manufacturers of flexible displays experiencing limited demand from the mainstream consumer electronics industry. Major developers of the flexible display technology have been working towards increasing their production capacity in order to meet future demands. However, one of the major challenges faced by such companies is the lack of commercially viable designs for electronics. The consumer electronics industry has not been successful in completely embracing the flexible display technology and thereby, has lacked in incorporating the same into their products. Some of the key manufactures of flexible displays include Samsung Display, LG Display, TianMa Microelectronics Co., Ltd., Royole Corporation, E Ink Holdings, Inc., Futaba Corporation, UniPixel, Inc. and Plastic Logic Germany.
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Key Trends:
By Application Type
Browse the full report at https://www.credenceresearch.com/report/flexible-display-market
Market Insights
Factors such as effective demonstrations of flexible display technology by some of the major display producers, including Samsung Display and LG Display, have resulted to an increasing demand for flexible electronics. Consumers around the world have shown great interest in smartphones and wearables that can be easily bent or folded according to their convenience. Display companies have worked rigorously to incorporate flexible display techniques into periodic consumer electronics. Automotive displays are another important application anticipated to drive demand for flexible displays in the near future. Auto-makers have consistently invested in innovative display technologies to be used in various infotainment and navigation systems to ensure enhanced user experience. Flexible displays have provided interesting possibilities for the design and growth of convenient and intuitive automotive displays. With the continuing production design of commercially feasible electronics, the market for flexible displays is anticipated to grow significantly in the years to come.
Competitive Insights:
The global flexible displays market is fairly niche with leading manufacturers of flexible displays experiencing limited demand from the mainstream consumer electronics industry. Major developers of the flexible display technology have been working towards increasing their production capacity in order to meet future demands. However, one of the major challenges faced by such companies is the lack of commercially viable designs for electronics. The consumer electronics industry has not been successful in completely embracing the flexible display technology and thereby, has lacked in incorporating the same into their products. Some of the key manufactures of flexible displays include Samsung Display, LG Display, TianMa Microelectronics Co., Ltd., Royole Corporation, E Ink Holdings, Inc., Futaba Corporation, UniPixel, Inc. and Plastic Logic Germany.
Download Free PDF Sample Request: https://www.credenceresearch.com/sample-request/58245
Key Trends:
- Market expected to be primarily driven by the demand from smartphones and wearables segment
- Manufacturers have been investing heavily to increase production capacity and to offer flexible displays at affordable prices
- Innovative applications especially in the automotive displays segment are expected to offer immense growth opportunities in the future
By Application Type
- Smartphones
- Wearables
- Television Sets
- Automotive Displays
- Others (Tablets, Laptops, Virtual Reality Devices, etc.)
- Glass
- Plastic
- Metal
- North America
- Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- Latin America
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