Flexible Display Technology Market Research Report, By Display Type, By Application, By Technology, By Material, By End-User— Forecast Till 2027
$36 Billion
21%
North America
2022-2027
Flexible Display Technology Market Size Overview
Globally, the size of Flexible Display Technology is estimated to register a CAGR of over 21 % to reach USD 36 billion by the end of forecast period driven by the demand for connected and automated vehicles is increasing which needs a display for infotainment and navigation services.
Report Attribute/Metric | Details |
---|---|
Market Size | USD 36 billion |
CAGR | 21 % |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Data | 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Display Type, Application, Technology and End-User |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Samsung (South Korea), Sony Corporation (Japan), Atmel Corporation (US), Universal Display Corporation (US), LG Display Co., Ltd (South Korea), Novaled AG (Germany), Dupont Display (US), Corning Inc. (US), Kent Displays Inc. (US), and Philips Electronics (Netherlands). There are various other players like Materion Corporation (US), E Ink Holdings Inc. (Taiwan), Innolux Corporation (Taiwan), AU Optronics Corporation (Taiwan), and Visionox Company (China) among others. |
Key Market Opportunities | This seems to be a great opportunity for the display manufacturer to showcase the new display features in multiple applications |
Key Market Drivers | The advancement in electronic technology and the increasing demands for products |
The growth strategies being implemented in the market are – mergers & acquisitions, product launches, technology innovations, etc.
The different technologies used are Organic light emitting diode (OLED), Liquid crystal display (LCD), and Electronic paper display (EPD). The revenue impact of these technologies has been studied in the segmental assessment offered.
By material, the segments of the market are as follows – glass, polymer, and glass-reinforced plastic (GRP).
Some of the end-user industries assessed to contribute to market growth are automotive, transportation, government, aerospace, retail, utilities, and others.
Samsung (South Korea), Sony Corporation (Japan), Corning Inc. (US), Atmel Corporation (US), LG Display Co., Ltd (South Korea), Kent Displays Inc. (US), Novaled AG (Germany), Universal Display Corporation (US), Dupont Display (US), and Philips Electronics (Netherlands).