Flexible Display Market Estimated to Rise Profitably with CAGR of 34.32% during 2018-2023 | Worldwide Top Key Company’s - LG Display, Samsung Electronics, AU Optronics, Innolux, Sharp, BOE Technology, Japan Display , Panasonic

Marketprognosis.com Publish a New Market Research Report On “Global Flexible Display Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Flexible Display Market:

The Global Flexible Display Market was valued at USD 3.676 Billion in 2017, and is expected to reach a value of USD 21.956 Billion by 2023 at a CAGR of 34.32%, over the forecast period (2018 - 2023).

The report discusses the type of technology used in flexible displays. The regions considered in the scope of the report include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

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The flexible display technology offers various benefits, such as lightweight, flexible, brighter, less power, and shatter-proof, which evolve as the major driving forces in flexible display technology. Owing to the rising demand for consumer electronics, such as wearable devices, smartphones, and television and computer peripherals, and high adoption in entertainment and gaming, the market for flexible displays is expected to witness a significant growth rate over the forecast period. However, high levels of manufacturing complexities have been a major challenge, affecting large-scale adoption. Recent technological innovations, such as the development of flexible transistors, with extreme bending ability, are expected to address the manufacturing challenges.

OLEDs (organic light emitting diodes) are comparatively lighter and thinner than regular LCDs, as they do not need any backlight or filters and allow the display to be bent, rolled, and folded. The demand for flexible displays over rigid majorly arises from the consumer electronics sector, such as smartphone, tablets, display screens, and various others. It is expected that OLED displays could occupy more than 35% of the smartphone displays by the end of 2020. With increased smartphone adoption globally, the demand for high definition ultra- high displays is growing at a fast rate.

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The Asia-Pacific flexible display market is expected to show high growth in the future as top display manufacturers, such as Samsung, LG, Sony, AUO, and E Ink Holdings are based in the region. Hence, it is a preferred market for cell phone, tablet, laptop, and television manufacturers across the world. Asia-Pacific also has the highest growth rate for many consumer products, such as smartphones, tablets, laptops, and TVs because of presence of key manufacturers like Samsung, LG, Sony, Sharp, Panasonic, and Acer Inc. in the region.

Major Key Players:

1 LG Display Co., Ltd

2 Samsung Electronics Co., Ltd

3 AU Optronics Corp.

4 Innolux Corporation

5 Sharp Corporation

6 BOE Technology Group Co., Ltd

7 Japan Display Inc.

8 Hannstar Display Corporation

9 Panasonic Corporation and More……………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Flexible Display Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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This release was published on openPR.