Press release
Flexible Display Technology Market 2019 Global Overview, Sales Revenue and Industry Growth with 21% of CAGR by Forecast to 2023
Market Research Future published a research report on “Flexible Display Technology Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Market Highlights
The study reveals that flexible display technology is trending the electronic market. The updated display technology with better features is the flexible display technology. Flexible display technology has many benefits as rugged, lightweight, non-breakable, portable and many more. Rapid IT modernization, investment in technological developments and others are the key factors driving flexible display technology market.
Layers of organic compound materials are used in flexible technology, these material has a low temperature resistance which results as a restraining factor for flexible technology market. The study indicates that continuous advancements in the technology would overcome it. Many organizations are still trying to develop the capability to infiltrate the flexible display technology in their applications such as smartphone, smart watches, tablets and many more. It has been observed that the costs for adopting flexible technology are presently high, which results as a limitation to use of flexible technology.
The Flexible Display Technology Market is growing rapidly over 21% of CAGR and is expected to reach at USD ~36 billion by the end of forecast period.
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Key Players
The prominent players in the Flexible display technology Market are - Samsung Display (Korea), LG Display Co. Ltd. (South Korea), Hewlett-Packard Company (U.S.), Sony Corporation (Japan), Atmel Corporation (U.S.), Kent Displays Inc. (U.S.) Universal Display Corporation (U.S.), Novaled AG (Germany), Dupont Display (U.S.), Corning Inc. (U.S.), Philips Electronics (Netherlands), Materion Corporation (U.S.), AU Optronics (Taiwan), E Ink Holdings Inc. (Taiwan) among others
Segmentation:
The global flexible display technology market is segmented into various market segments based on technology, material, display type, display size, and end-user.
• By technology, the market is segmented into liquid crystal display (LCD), organic light emitting diode (OLED), electronic paper display and quantum dot.
• By material, the market is segmented into polymer, glass and glass-reinforced plastic (GRP).
• By display type, the market is segmented into bendable, rollable and foldable.
• By display size, the market is segmented into up to 6’’, 6 – 30’’ and above 30’’.
• By application, the market is segmented into smartphones, tablet, laptop, smartcard, TV, wearable displays, digital signage, e-reader, electronic shelf label, and others.
• By end-user, the market is segmented into automotive, aerospace, retail, transportation, government, utilities and others.
Regional Analysis:
The global market for flexible display technology is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of the flexible display technology market is done for North America, Europe, Asia-Pacific, and the rest of the world.
North America is expected to dominate the flexible display technology market during the forecast period. Well-established economies such as the US, Canada, and Mexico are heavily spending on research and development of display technologies for mobile, laptops, other consumer electronic devices and display technology for connected and autonomous vehicles. Furthermore, the region is also early adopter of technology. This helps to boosts up the market of flexible displays which is another factor fueling the growth of flexible display technology market. Asia-Pacific is expected to grow at a significant rate during the forecast period due to high disposable income of the population leading to increasing adoption of consumer electronics and automotive products. Also, the region is a major hub for semiconductor industries, these industries are constantly trying to develop new display technology which is further driving the market growth.
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Intended Audience:
• Associations, Organizations, Forums, And Alliances
• Government Bodies and Departments
• Original Equipment Manufacturers
• Display Material Providers
• Original Device Manufacturers
• Technical Universities
• Service Providers
• Research and Development Companies
• Market Research and Consulting Firms
• Technology Standards Organizations
• Technology Investors
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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