• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Printed Electronics
    • Raw Materials
    • Equipment
    • Services
    • Suppliers Guide
    • Resources
    • More
  • Magazine
  • News
  • Printed Electronics
  • Raw Materials
  • Equipment
  • Services
  • Suppliers Guide
  • Resources
  • Current & Past Issues
    Features
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Breaking News
    Experts Opinion
    Financial News
    Manufacturers News
    Mergers and Acquisitions
    Online Exclusives
    Personnel
    Product Releases
    Suppliers News
    Live From Shows
    Displays and Lighting
    Photovoltaics
    Printed Batteries
    Printed Circuit Boards/Membrane Switches/In Mold Electronics
    Flexible and Printed Electronics
    RFID and NFC
    Sensors and Wearables
    Smart Cards and Packaging
    Touch Screens
    Adhesives, Barriers and Encapsulants
    Chemicals, Metals and Powders
    Conductive Inks and Coatings
    Electronic Materials
    Film, Paper, Glass and Substrates
    Graphene, Perovskites and Carbon Nanotubes
    Nanomaterials
    Printed Electronic Components
    Research Reports
    Semiconductors and Quantum Dots
    Energy Curing Equipment
    Lab and Testing Equipment
    Manufacturing Equipment
    Printing Equipment
    3D Printing
    Contract Manufacturing Services
    Product Design and Testing
    Research and Consulting
    Research Institutions
    Research Reports
    Universities
    Equipment
    All Companies
    Materials
    Categories
    Converting
    Printed Electronics Systems
    Associations
    Research and Services
    Used Machinery
    Add New Company
    Industry Events
    Live from show events
    Podcasts
    Videos
    Blogs
    Slideshows
    Infographics
    Webinars
    Whitepapers
    Equipment and Services
    Glossary
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Suppliers Guide
      • Suppliers Guide
      • Add Your Company
    • Printed Electronics
      • Photovoltaics
      • Printed Batteries
      • Printed Circuit Boards/Membrane Switches/In Mold Electronics
      • Flexible and Printed Electronics
      • RFID and NFC
      • Sensors and Wearables
      • Smart Cards and Packaging
      • Touch Screens
    • Raw Materials
      • Adhesives, Barriers and Encapsulants
      • Chemicals, Metals and Powders
      • Conductive Inks and Coatings
      • Electronic Materials
      • Film, Paper, Glass and Substrates
      • Graphene, Perovskites and Carbon Nanotubes
      • Nanomaterials
      • Semiconductors and Quantum Dots
    • Equipment
      • Energy Curing Equipment
      • Lab and Testing Equipment
      • Manufacturing Equipment
      • Printing Equipment
      • 3D Printing
    • Services
      • Contract Manufacturing Services
      • Product Design and Testing
      • Research and Consulting
      • Research Institutions
      • Research Reports
      • Universities
    • Online Exclusives
    • Slideshows
    • Blog
    • Videos
    • Podcasts
    • Infographics
    • Events
      • Industry Events
      • Live from show events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Global Flexible Display Market Size to Increase at a CAGR of 28.1% Through 2025: GVR

    The global flexible display market size was valued at $6.98 billion in 2018.

    Global Flexible Display Market Size to Increase at a CAGR of 28.1% Through 2025: GVR
    12.06.19
    The global flexible display market size was valued at $6.98 billion in 2018 and is expected to expand at a CAGR of 28.1% over the forecast period. Increasing demand for display-based consumer electronics coupled with consumer inclination toward energy-efficient, flexible gadgets is driving the growth. Technological advancements in the field of display technologies have led to the introduction of state-of-the-art flexible displays, creating growth opportunities for the key players operating in the market.

    Superior features offered by flexible displays in terms of portability, non-fragility, and weight, makes them an attractive alternative for consumer electronics manufacturers. Furthermore, the adoption of Organic Light Emitting Diode- (OLED) based flexible displays is witnessing exponential growth with the rise in high-definition content and high-performance applications. Moreover, the high growth of the smart wearable market is impelling the market demand.

    Manufacturers are investing huge amounts for the expansion of their production capacities in order to meet the demand. For instance, in 2016, LG Display announced the investment of KRW 970 million in a 6th Generation flexible OLED display production line to strengthen its market presence.

    In addition, the rising adoption of OLED-based devices in mobile phones, VR headsets, digital cameras, laptops, tablets, and televisions among others is contributing to the growth of the market for flexible display. On the other hand, factors such as complex manufacturing processes and high capital investment may pose a challenge to new market entrants.

    Rising demand for flexible displays from healthcare and automotive among other industries is anticipated to create growth opportunities for the key manufacturers operating in the market. Automotive manufacturers focus on integrating flexible displays in automotive interiors. For example, in May 2019, Audi AG and Samsung Corporation entered into a strategic partnership to promote the Audi Prologue A9 Prototype, a concept car by the former. The proposed car is expected to house a flexible, high-resolution Samsung OLED display near its gear stick to help better control the vehicle settings.

    In terms of display type, the flexible display market is categorized into, LCD, OLED, EPD, and others. The OLED segment captured a prominent market share exceeding 60% in 2018 and is expected to grow significantly during the forecast period. OLED-based flexible displays can be subjected to a high degree of flexibility, consume less energy and hence are increasingly finding adoption in smartphones. OLED flexible displays are also relatively sleek in design and lightweight as compared to LCD displays since they do not need backlight or filters. On the other hand, the rising adoption of flexible display-based e-readers is supplementing the growth of the Electronic Paper Display (EPD) segment in the forthcoming years.

    Flexible displays are used in different products, including smartphones, wearables, televisions, E-readers, and automotive, among others. The smartphone segment is expected to witness considerable CAGR exceeding 12% over the forecast period. The introduction of smart city concept, digital signage systems with flexible displays is expected to be extensively used for map displays and advertising in the forthcoming years.

    The wearables (excluding smart watches), smartwatches, and automotive and transportation segments collective accounted for a market share of 17% in terms of revenue in 2018. The growth in the automotive and transportation segment is attributed to the fact that several automotive manufacturers are emphasizing on integrating innovative state-of-the-art display technologies in infotainment and navigation systems to enhance user experience.

    Different material substrates used for the manufacturing of flexible displays include glass, metal, and plastics. The plastic segment held the largest market share in 2018 and is estimated to expand at a CAGR exceeding 25% over the forecast period. This is attributed to the on-going paradigm shift from glass substrates to plastic substrates due to the superior features offered by plastic in terms of size, robustness, and weight.

    Increasing preference for plastic as a substrate material can also be attributed to the growing demand for low-cost, flexible substrates, especially in the electronics industry. On the other hand, glass substrates have superior resistance to water vapor and other gases and hence are durable. The flexible display market players are working on designing durable glass substrate since plastic is prone to scratching, creasing and losing color over time.

    Asia Pacific accounts for the majority of the market value share and is expected to expand at a CAGR of over 25% during the forecast period. The regional growth is accredited to the rising demand for compact and light-weight electronic devices.

    Additionally, the proliferation of smartphones and increasing adoption of advanced technologies, such as 3D displays and augmented reality is expected to have a positive impact on the regional market growth.

    The presence of a large number of consumer electronics manufacturers and a huge customer base is also supporting the regional demand for flexible displays. Countries such as Japan, South Korea, China, and India are the leaders in the development of flexible displays. China is the largest manufacturer of flexible OLED screens worldwide. For instance, the Chengdu factory based in China manufactures more than 70 million sheets of flexible phone screens every year.

    North America accounted for more than 20% of the overall revenue share in 2018. The regional market is witnessing healthy growth due to the rising demand for energy-efficient devices. Europe is expected to witness substantial growth in the forthcoming years due to the significant demand for flexible displays from the automotive industry.
    Related Searches
    • epd
    • displays
    • samsung
    • electronic
    Suggested For You
    Samsung Receiving 1st Global Recognition for Environmental Sustainability of Semiconductor Solutions Samsung Receiving 1st Global Recognition for Environmental Sustainability of Semiconductor Solutions
    Polaris Market Research Forecasts 4.2% Growth in Conductive Ink Market Through 2026 Polaris Market Research Forecasts 4.2% Growth in Conductive Ink Market Through 2026
    OE-A: Organic, Printed Electronics Industry to Register 3% Gain in Sales Revenue OE-A: Organic, Printed Electronics Industry to Register 3% Gain in Sales Revenue
    In-Mold Electronics Makes Gains in Automotive, Appliances and More In-Mold Electronics Makes Gains in Automotive, Appliances and More
    Gas Sensors Market Worth $1.4 Billion by 2024: MarketsandMarkets Gas Sensors Market Worth $1.4 Billion by 2024: MarketsandMarkets
    FlexEnable Acquires Merck’s OTFT Materials Portfolio for Flexible Displays FlexEnable Acquires Merck’s OTFT Materials Portfolio for Flexible Displays
    STMicroelectronics, Audi AG to Develop Next-Generation Automotive Exterior Lighting Solutions STMicroelectronics, Audi AG to Develop Next-Generation Automotive Exterior Lighting Solutions
    Autonomous Driving and the Quest for Safety Autonomous Driving and the Quest for Safety
    DuPont Celebrates Groundbreaking for Circleville Expansion DuPont Celebrates Groundbreaking for Circleville Expansion
    Quantum Materials Corp Announces Anti-Counterfeit Focus with QDX Ledger Blockchain Platform Quantum Materials Corp Announces Anti-Counterfeit Focus with QDX Ledger Blockchain Platform
    Optomec Reports 40% Growth in Q2, First Half 2019 Revenue Optomec Reports 40% Growth in Q2, First Half 2019 Revenue
    STMicroelectronics to Highlight Solutions at electronica India, SmartCards Expo STMicroelectronics to Highlight Solutions at electronica India, SmartCards Expo
    ASSA ABLOY, HID, NXP, Samsung, Bosch, Sony, LitePoint and TTA Establish FiRa Consortium ASSA ABLOY, HID, NXP, Samsung, Bosch, Sony, LitePoint and TTA Establish FiRa Consortium
    IDC: Smartphone Shipments Decline 2.3% Year Over Year in 2Q 2019 IDC: Smartphone Shipments Decline 2.3% Year Over Year in 2Q 2019
    SEMICON Europa to Highlight Smart Technologies SEMICON Europa to Highlight Smart Technologies

    Related Breaking News

    • Breaking News | Semiconductors and Quantum Dots
      Samsung Receiving 1st Global Recognition for Environmental Sustainability of Semiconductor Solutions

      Samsung Receiving 1st Global Recognition for Environmental Sustainability of Semiconductor Solutions

      Samsung's 512GB eUFS 3.0 memory to earn Carbon Footprint and Water Footprint Certifications from the globally accredited Carbon Trust.
      11.29.19

    • Breaking News | Conductive Inks and Coatings | Flexible and Printed Electronics | Photovoltaics | Research Reports
      Polaris Market Research Forecasts 4.2% Growth in Conductive Ink Market Through 2026

      Polaris Market Research Forecasts 4.2% Growth in Conductive Ink Market Through 2026

      Estimates market at $3.12 billion in 2017, growing to $4.43 billion by 2026.
      11.21.19

    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | Manufacturers News | Photovoltaics | Printed Batteries | Sensors and Wearables | Suppliers News
      OE-A: Organic, Printed Electronics Industry to Register 3% Gain in Sales Revenue

      OE-A: Organic, Printed Electronics Industry to Register 3% Gain in Sales Revenue

      OE-A members expect sales growth for 2020, also.
      11.12.19


    • Conductive Inks and Coatings | Contract Manufacturing/Printing | Manufacturers News | Printed Circuit Boards/Membrane Switches/In Mold Electronics | Suppliers News
      In-Mold Electronics Makes Gains in Automotive, Appliances and More

      In-Mold Electronics Makes Gains in Automotive, Appliances and More

      IME specialists report that interest in the technology is dramatically increasing.
      David Savastano, Editor 11.12.19

    • Breaking News | Research Reports | Sensors and Wearables
      Gas Sensors Market Worth $1.4 Billion by 2024: MarketsandMarkets

      Gas Sensors Market Worth $1.4 Billion by 2024: MarketsandMarkets

      Market estimated $1 billion in 2019; expected to grow at a CAGR of 6.4% from 2019 to 2024.
      11.12.19

    Loading, Please Wait..
    Trending
    • ASSA ABLOY Receives Clearance From Mexico For HHI Acquisition
    • Printed Electronics Now Interview: Francisco Melo Of Avery Dennison
    • GlobalFoundries, STMicroelectronics Partner On New Facility
    • Ams OSRAM Receives The German Innovation Award
    • CircEl‐Paper: Recyclable Paper‐Based Electronics
    Breaking News
    • Weekly Recap: Francisco Melo, GlobalFoundries and STMicro Top This Week’s Stories
    • Sensirion Air Quality Sensors Harmonized with RESET Air Standard
    • Identiv Introduces Industry’s First Battery-Free Metal Sensor IoT Devices
    • Heliatek Joins European Solar PV Industry Alliance (ESIA)
    • Sensormatic Unveils Sensormatic Synergy Media Display
    View Breaking News >
    CURRENT ISSUE

    Winter 2021

    • Printed Electronics Now’s International Suppliers’ Directory
    • The Automotive Market and Flexible and Printed Electronics
    • Flexible and Printed Electronics in Healthcare
    • Flexible and Printed Electronics Make Gains in Smart Packaging
    • PAPERONICS: Low-cost multisensory paper and packaging applications
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Women in Nutraceuticals Names Global Lead in India Ahead of Nutrify C-Suite Summit
    Batory Foods Acquires Tri-State Companies
    Blue Diamond, Brightseed Partner To Discover New Almond Bioactives
    Coatings World

    Latest Breaking News From Coatings World

    AkzoNobel to Supply Porsche China with Complete Water-Based Refinish Range
    Evonik Earns ACC’s Sustainability Leadership Award
    Sandrine Garnier Joins ChemQuest as a Director
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    MPO's Most-Read Stories This Week—June 10
    Merit Medical Acquires AngioDynamics' Catheter Portfolio
    iCAD Strengthens Leadership Team
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Quell Therapeutics, AstraZeneca Partner on Engineered Treg Cell Therapies
    Charles River, INADcure Collaborate on Gene Therapy Manufacturing
    Lotus Clinical Research, Trialogics Partner for Clinical Trial Software Services
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Guerlain's 'Secret' Archive—the World's 1st Lipstick, Perfume, & Nivea Jar
    Mary Kay Supports Ocean Conservation & Coral Reef Protection
    TerraCycle and Wrinkles Schminkles Announce Recycling Program
    Happi

    Latest Breaking News From Happi

    Itiah Angels Charity Seeks Cosmetics Donations
    Scent Theory and Crayola Partners to Establish New Hand Soap Collection
    Givaudan Active Beauty Names Agathe Parent New Communication Manager
    Ink World

    Latest Breaking News From Ink World

    Weekly Recap: Steve Billow, Kodak, Doneck Euroflex Top This Week’s Stories
    ITMA 2023 Opens with Mega Showcase of Innovative Solutions
    Kornit Digital Shows Enhanced Presto MAX at ITMA 2023
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    AWT Labels & Packaging acquires ASL Print FX
    Avery Dennison announces new cohort of startups for AD Stretch Accelerator Program
    Appvion unveils new film label facestock
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Rascal + Friends Expands Distribution with Walmart
    ITMA ASIA + CITME Announce Second Location
    Andritz Partnership with Pellenc ST and Nouvelles Fibres Enters New Phase
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    ODT's Most-Read Stories This Week—June 10
    SurGenTec's TiLink-L SI Joint Implant Gains FDA Nod
    Orthopedic Prosthetic Market to Eclipse $3.39 Billion by 2030
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Weekly Recap: Francisco Melo, GlobalFoundries and STMicro Top This Week’s Stories
    Sensirion Air Quality Sensors Harmonized with RESET Air Standard
    Identiv Introduces Industry’s First Battery-Free Metal Sensor IoT Devices

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login