Press release
Flexible OLED Market Shares SWOT Analysis, Key Development Strategies and Forecasts Till 2026
The Flexible OLED Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Flexible OLED market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Flexible OLED market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Flexible OLED market.The Flexible OLED market was valued at USD 3.12 billion in 2020 and is expected to reach USD 63.35 billion by 2026, at a CAGR of 39.46% over the forecast period (2021 - 2026).
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Top Leading Companies of Flexible OLED Market are - LG Display Co. Ltd, Samsung Electronics Co., Ltd., AU Optronics Corp., BOE Technology Group Co Ltd, OSRAM GmbH, RiTdisplay Corp, Universal Display Corporation, Visionox Co. Ltd, WiseChip Semiconductor Inc., Royole Corporation and others.
Industry News and Updates:
- May 2019 - TCL Corporation commenced its pilot production line for its 6-Gen LTPS flexible AMOLED at Wuhan, China, and full-fledged production will begin in the fourth quarter of 2019. TCL's production line in Wuhan will have a production capacity of 45,000 6-Gen substrates.
- Nov 2018 - Samsung Electronics introduced its new Infinity Flex Display with a flexible OLED panel. The company has launched this with a new foldable phone called Galaxy Fold earlier in 2019.
Key Market Trends:
Mobiles and Tablets to Witness Significant Growth
- With increased smartphone adoption globally, the demand for high definition ultra-high displays is growing at a fast rate. With many companies, such as Apple and Samsung employing AMOLED displays in their flagship models, other companies are following the trend.
- LG displays, one of the leading OEM for displays signifies that the smartphone segment is the second largest segment for its revenue generation. Generally, the shipment of display panels is 10% to 12% higher than mobile phone units shipments. According to the OLED Association, 1.4 billion smartphones were shipped in 2018, and with innovations in AMOLED displays, the demand for OLED technology is growing is expected to follow the trend in the forecast period.
Asia-Pacific to Witness the Fastest Growth Rate
- The economies of major countries in the region like India and China are growing, leading to an increase in the disposable incomes of the consumers. Hence, moving toward the adoption of high-end electronic products, such as curved televisions and premium smartphones. Thus, driving the flexible OLED market in the region.
- Even though the production cost of LED panels is toward the declining trend, production of OLED displays is still costly. The production cost will be reduced with heavy mass production. Leading OEMs like LG displays for flexible OLED are investing in production expansion in Guangzhou, China, and is expected to produce 3.8 million OLED panels in 2019.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Flexible OLED Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Flexible OLED Market (%),2016 - 2026
- Flexible OLED Market Share, By Brand
- Flexible OLED Market Share, By Company
- Flexible OLED Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Flexible OLED Market Value Analysis & Forecast
- Promising Flexible OLED Development by Major Companies
- Detailed Flexible OLED Portfolio of the Major Companies
- Major Deals in the Flexible OLED Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082591753/flexible-oled-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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