IMARC Group, a leading market research company, has recently releases report titled “Flexible Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global flexible display market report, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the flexible display market?

The global flexible display market size reached US$ 17.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 81.7 Billion by 2028, exhibiting a growth rate (CAGR) of 28.3% during 2023-2028.

What is flexible display?

A flexible display is a thin, light-weighted, and flexible electronic display that bends, twists, and folds without breaking. It takes minimal space and offers high durability as it is manufactured from plastic, which possesses better impact resistance than solid glass structures. It also offers high resistance to damage from drops, bumps, and other impacts as compared to traditional displays. Moreover, it uses less energy than traditional displays as they do not require a backlight to illuminate the screen, which makes them ideal for applications in battery-powered devices, such as smartphones and tablets, smart wearables, television (TV) sets, digital signage systems, personal computers (PCs), laptops, monitors, vehicles, and smart home appliances.

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What are the growth prospects and trends in the flexible display industry?

At present, inflating disposable incomes and the widespread adoption of display-based consumer electronic devices represents one of the key factors positively influencing the market across the globe. In addition, the growing demand for connected and automated vehicles and increasing applications of flexible displays in digital signage systems is propelling the market growth.

Moreover, the growing employment of electronic paper displays (EPDs) by e-readers worldwide is creating a favorable market outlook. Apart from this, leading market players are focusing on new product launches and expansions of portfolios through e-commerce websites.

This, along with the increasing investments in research and development (R&D) activities to develop new product variants, is anticipated to drive their overall sales and profitability.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Display Type:

  • OLED
  • LCD
  • Electronic Paper Display (EPD)
  • Others

Breakup by Substrate Material:

  • Glass
  • Plastic
  • Others

Breakup by Application:

  • Smartphones and Tablets
  • Smart Wearables
  • Televisions and Digital Signage Systems
  • Personal Computers and Laptops
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

AU Optronics Corp., BOE Technology Group Co. Ltd., Corning Incorporated, DuPont de Nemours Inc., E Ink Holdings Inc., Innolux Corporation, Koninklijke Philips N.V., LG Electronics Inc., Plastic Logic (FlexEnable Limited), Royole Corporation, Samsung Electronics Co. Ltd., Sharp Corporation and Toshiba Corporation.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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