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Global Flexible Display Market to Grow at a CAGR of 35.0% by 2024

"Global Flexible Display Market" – Industry Trends and Forecast to 2024

"Global Flexible Display Market" – Industry Trends and Forecast to 2024

The Global Flexible Display Market accounted to USD 2.8 billion in 2016 growing at a CAGR of 35.0% during the forecast period of 2017 to 2024.

Global Flexible Display Market, By Type (OLED, LCD, LED, Others) By Form (Curved, Bendable, Foldable, Rollable, Strechable), By size (Small sized, Medium Sized, Large Sized) By application (Smart Phones and Tablets, Television displays, Automotive Displays and Lighting, Wearable devices, Others) By End-user (Consumer electronics, Advertising, Industrial & Commercial, Fashion, Military and Defence, Education, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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A flexible display is an electronic visual display which is flexible in nature; as opposed to the more prevalent traditional flat screen displays used in most electronics devices. The latest trend in this market is increase in demand for the OLED based devices, technological advancement, and growing consumer goods market will make the market grow in the future. There is need of flexible display for several applications like Smart Phones and Tablets, Television displays, Automotive Displays and Lighting, Wearable devices, Others will create a huge market for the flexible display.

Competitive Analysis: Global Flexible Display Market

Flexible Display Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors: Global Flexible Display Market

Some of the major players operating in flexible display market areLG Display Co., Ltd., Samsung Electronics Co., Ltd., AU Optronics Corp.,Innolux Corporation, Sharp Corporation, BOE Technology Group Co., Ltd., Japan Display Inc., Hannstar Display Corporation, Panasonic Corporation, Chunghwa Picture Tubes Ltd., Acuity Brands Lighting, Inc., Koninklijke Philips N.V., Osram Licht AG., Pioneer Corporation, Ritek Corporation, Flexenable Limited, Kateeva, Cambrios Technologies Corporation, Royale Corporation among others.

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Market Segmentation: Global Flexible Display Market

On the basis of type the flexible display market is segmented into Synchronous OLED, LCD, LED, Others. The OLED market is expected to grow in the forecasted period.

On the basis of form the flexible display market is segmented into Curved, Bendable, Foldable, Rollable, Strechable. The Rollable market is expected to grow in the forecasted period.

On the basis of size the flexible display market is segmented into Small sized, Medium Sized, Large Sized.The medium sizw market is expected to grow in the forecasted period.

On the basis of application the flexible display market is segmented into Smart Phones and Tablets, Television displays, Automotive Displays and Lighting, Wearable devices, Others. The wearable devices market is expected to grow in the forecasted period.

On the basis of end-user the flexible display market is segmented into Consumer electronics, Advertising, Industrial & Commercial, Fashion, Military and Defence, Education, Others. The consumer electronics market is expected to grow in the forecasted period.

On the basis of geography, flexible display market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Major Market Drivers and Restraints:

• Demand for OLED-Based Devices
• Technological advancement in the field of display
• Developing Consumer Goods
• Complex Manufacturing Process
• Growth of Wearables Market

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A flexible display is flexible by nature. The global flexible display market is expected to grow at a substantial growth rate due to the growing interest of many consumer electronics manufacturers to apply this display technology in mobile phones, e-readers and other consumer electronics. There are various trends which have been driving the technological innovations in the display industry which includes portability, quality, interconnectivity, screen size, user- friendliness, and power