Flexible Displays Market By Application (Smartphones, Wearables, Television Sets, Automotive Displays), By Substrate (Glass, Plastic, Metal) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Flexible displays are primarily OLED and AMOLED displays that are either curved, bent, or completely bendable and foldable. In the current market scenario, consumer electronics manufacturers have been offering numerous smartphones, television sets, and other display devices in a rigid curved form factor. Although these displays are curved as opposed to the traditional, rigid flat ones, they do not offer true flexibility to the end-users.

Such displays can make use of various substrates, ranging from glass, plastic, or metal, of which plastic and metal offer lightness and enhanced durability. With the growing popularity of curved displays, there has been an increasing interest in the commercial applications of flexible displays as commercially viable end products. Some of the key applications of truly flexible displays being considered currently include smartphones, wearables, television sets, automotive displays, virtual reality (VR) devices, laptops, and tablets, among others.

One of the major factors driving the demand for flexible displays is the increasing need for innovation in the smartphone industry. For over a decade, the smartphone industry has witnessed immense technological advancements in the fields of processors, sensors, cameras, and other software capabilities.

In addition, there has also been a tremendous leap in the display technology used in some of the flagship phones available on the market. However, the rigidity of the displays has constrained the change in a smartphone's form factor. With the use of flexible displays, leading smartphone manufacturers are aiming toward the design and development of foldable smartphones in the near future.

Thereby, the requirement to provide a unique experience to the end-users has been primarily driving the demand for flexible displays. Another key area of interest for the flexible display market lies in the wearables industry. Incorporation of flexible displays into the current wearable devices would enable providers to offer enhanced functionality and features in small electronic devices.

However, factors such as a lack of designs for commercial electronics products have resulted in the limited manufacturing of flexible displays. Leading manufacturers, including Samsung Display, LG Display, and Royole Corporation, among others, have been heavily investing in building higher production capacities in order to reduce the average cost of flexible displays. Thereby, the prospects for the flexible display market look promising in the following years.

The report titled "Global Flexible Displays Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global flexible displays market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on application, substrate, and cross-sectional study across different geographies and sub-geographies.

The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report covers a section providing production and pricing trends in some of the major markets.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading providers of pet wearable technology, market positioning, and key developments. Some of the major players profiled in the report are Samsung Display, LG Display, Tianna Microelectronics Co., Ltd., Royole Corporation, E Ink Holdings, Inc., Futaba Corporation, UniPixel, Inc., and Plastic Logic Germany, among others.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the flexible display industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2015–2016)

Overall, the research study provides a holistic view of the global flexible displays market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global flexible display market is segmented, based on application, into the following categories:

  • Smartphones
  • Wearables
  • Television Sets
  • Automotive Displays
  • Others (tablets, laptops, virtual reality devices, etc.)

Based on application, the overall flexible display market was led by the smartphone segment in 2016. The segment accounted for almost half of the overall flexible display market revenue across the globe. Factors such as rising demand for innovative product designs in smartphones and increasing consumer spending capacity have led to higher demand for flexible displays in this segment.

Another key application of flexible displays is in the wearables segment. With the use of flexible display technology, wearable manufacturers are expected to design and develop innovative products offering enhanced functions and features.

The automotive displays segment is expected to witness the fastest growth during the forecast period. The rising adoption of various displays in infotainment and navigation systems for automotive applications, coupled with increasing consumer spending on high-end vehicles, is expected to drive the demand for flexible displays in the automotive segment during the forecast period from 2017 to 2025.

The global flexible display market has been segmented on the basis of geographical regions, as per the following regions and countries:

  • North America
  • U.S.
  • rest of North America
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa (MEA)
  • Latin America

In 2016, Asia Pacific represented the largest market for flexible displays in terms of revenue. The demand for flexible display technology in the region is primarily supported by the higher concentration of the consumer electronics industry, which manufactures various products such as smartphones, televisions, wearables, tablets, and laptops, among others. Furthermore, the region is also home to some of the leading manufacturers and providers of flexible displays across the world. North America followed Asia Pacific in the overall flexible display market globally in 2016. Factors such as higher adoption of sophisticated technology accompanied by higher consumer spending capacity are expected to drive the demand for flexible displays in the regions.

Frequently Asked Questions:

The market for Flexible Displays Market is expected to reach US$ 4,965.3 Mn By 2025.

The Flexible Displays Market is expected to see significant CAGR growth over the coming years, at 26.5%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Samsung Display, LG Display, Tianna Microelectronics Co., Ltd., Royole Corporation, E Ink Holdings, Inc., Futaba Corporation are some of the major players in the global market.

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Published Date:  Sep 2017
Category:  Technology & Media
Report ID:   58245
Report Format:   PDF
Pages:   120
Rating:    4.4 (70)
Delivery Time: 24 Hours to 48 Hours   
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