Press release
Flexible Display Global Market Size, Share, Growth, Trends, By Type, By Material Type, By Application, By Region And Segment Forecast 2023-2032 | LG Display Co.Ltd., Royole Corporation, Japan Display Inc., AU Optronics Corp., Innolux Corporation
As per the flexible display market report by The Business Research Company, the rising demand for OLED-based devices is expected to propel the growth of the flexible display market going forward. An OLED refers to an organic electroluminescent (organic EL) diode, which is a light-emitting diode, that contains an emissive electroluminescent layer that gives good quality to the picture.
The global flexible display market size grew from $14.53 billion in 2022 to $19.77 billion in 2023 at a compound annual growth rate (CAGR) of 36.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The flexible display market size is expected to grow to $62.2 billion in 2027 at a CAGR of 33.2%.
Read More On The Flexible Display Market Report Here:
https://www.thebusinessresearchcompany.com/report/flexible-display-global-market-report
Major competitors in the flexible display market include BOE Technology Group Co., LG Display Co.Ltd., Royole Corporation, Samsung Electronics Co. Ltd., Japan Display Inc., AU Optronics Corp., Innolux Corporation, Corning Incorporated, Sharp Corporation, Visionox Company, E Ink Holdings Inc., and Koninklijke Philips N.V.
The flexible display market is segmented -
• By Display Type: OLED (Organic Light-Emitting Diodes), LCD (Liquid-Crystal Display), EPD (Electronic Paper Display), Other Display Types
• By Substrate Material: Glass, Plastic, Others Substrate Types
• By Form Factor: Curved Display, Bendable and Foldable Display, Rollable Display
• By Application: Smartphone and Tablet, Smartwatches and Wearables, Television and Digital Signage Systems, PC Monitors and Laptops, E-reader, Electronic Shelf Labels (ESLS), Vehicles and Public Transports, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. North America was the largest region in the flexible display market.
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A flexible display refers to an electronic display printed on a foldable plastic membrane that can easily be twisted. These displays can withstand being folded, bent, and twisted, and they are more flexible as compared to a flat display. These have better durability and are lightweight. It is used in virtual reality (VR) headsets, digital cameras, laptops, and televisions.
The Table of Content for The Flexible Display Market Include:
1. Executive Summary
2. Flexible Display Market Characteristics
3. Flexible Display Market Trends And Strategies
4. Flexible Display Market - Macro Economic Scenario
5. Flexible Display Market Size And Growth
.....
26. Africa Flexible Display Market
27. Flexible Display Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flexible Display Market
29. Flexible Display Market Future Outlook and Potential Analysis
30. Appendix
The "Global Flexible Display Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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