"The Report Global
Flexible Displays Market 2017-2021 provides information on pricing,
market analysis, shares, forecast, and company profiles for key
industry participants. - MarketResearchReports.biz"
MarketResearchReports.biz has
announced the addition of “Global
Flexible Displays Market
2017-2021” report to its offering. The report discusses the key
growth catalysts, challenges, trends, and opportunities in the
market.
Flexible displays are
electronic visual displays exhibiting high flexibility, as opposed to
the conventional flat screen displays commonly used in electronic
devices. Recently, the emergence of flexible display technology in
smartphones, e-readers, tablets, and other smart devices has been
garnering much attention.
As technology has been making
swift strides, the increased preference for technologically advanced
devices has been escalating to a great degree. As several companies
are focusing on the creation of eco-friendly flexible displays, more
consumers will be inclined to adopt devices that possess flexible
displays. The stringent regulatory framework pertaining to the
conservation of energy will play a crucial role in the development of
the market.
With almost every sphere being
affected by the advent of Internet of Things (IoT), flexible displays
might be required across innumerable applications across the world.
TV screens, mobile devices, and wearable technology devices are
likely to feature flexible display technology over the forthcoming
years, assisting the market’s growth. Moreover, rising applications
in education, healthcare, paper, gaming, and automobile industries
are also expected to aid the expansion of the global flexible
displays market.
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The global market for flexible
displays has been segmented into the Americas, Europe, the Middle
East, and Africa (MEA), and Asia Pacific (APAC) by geography. Asia
Pacific bears greater opportunities for growth as compared with other
regions thanks to the presence of numerous manufacturers of consumer
electronics in this region. The availability of low cost raw
materials and cheap labor in countries such as India and China has
encourages a number of end users to take up manufacturing activities,
fuelling the market.
By technology, organic light
emitting diode (OLED), liquid crystal display (LCD), and electronic
paper display (EPD) are the major segments of the global market for
flexible displays. Of these, the OLED segment held the largest
portion of the global market. The growth of this segment can be
attributed to the emphasis of several manufactures on the development
of cost-efficient OLED displays.
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By application, the global
flexible displays market has been segmented into wearables and
smartphones. Presently, the smartphones segment dominates the global
market. The rising demand for latest smartphone handsets, growing
penetration of cellular networks, and favorable government
initiatives have been responsible for the dominance of this segment.
However, wearable technology might gain traction soon, thus replacing
the smartphones segment in terms of revenue.
Some of the leading vendors
operating in the global market for flexible displays are LG Display,
EverDisplay Optronics (EDO), Samsung Display, AU Optronics, Visionox,
E Ink Holdings, BOE Technology Group, Universal Display Corporation,
and RiTdisplay.
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