With 34.4% CAGR, Global Flexible Display Market Size & Share Will Reach USD 73 Billion by 2026: Research Report by Facts & Factors

[225+ Pages Research Report] According to the recent analysis research report; the global Flexible Display Market in 2020 was approximately USD 12.4 Billion. The market is expected to grow at a CAGR of 34.4% and is anticipated to reach around USD 73 Billion by 2026. Top market players are Atmel Corporation Universal Display Corporation, AU Optronics Corp., BOE Technology Group Co., Ltd., Corning Incorporated, Delta Electronics, Inc., Dupont Display, E Ink Holdings, Inc., FlexEnable Limited, Hewlett-Packard Company, Innolux Corp. and others.


New York, NY, May 31, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Flexible Display Market by Type (LCD, OLED, Electronic Paper Display (EPD), and LED), By Material Type (Glass, Plastic, and Others), By Technology (Emissive, and Non-emissive), By Application (Smartphones & Tablets, Smart Wearables, Televisions & Digital Signage Systems, Personal Computers and Laptops, E-reader, Vehicles & Public Transports, and Smart Homes Appliances): Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026”.

“According to the research report, the global Flexible Display Market was estimated at USD 12.4 Billion in 2020 and is expected to reach USD 73 Billion by 2026. The global Flexible Display Market is expected to grow at a compound annual growth rate (CAGR) of 34.4% from 2021 to 2026”.

Flexible displays are lightweight, indestructible, and adaptable. Active-matrix displays, such as thin-film transistors on a plastic substrate, are used in this technology.  Flexible displays provide numerous advantages such as bendable, lightweight, shatter-proof, portable, unbreakable, ultra-thin, and consuming minimal energy.

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Our Free Sample Report Includes:

  • 2020 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 190+ Pages Research Report (Inclusion of Updated Research)
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  • 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of table & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology

(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

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Industry Major Market Players

  • Atmel Corporation Universal Display Corporation
  • AU Optronics Corp.
  • BOE Technology Group Co. Ltd.
  • Corning Incorporated
  • Delta Electronics Inc.
  • Dupont Display
  • E Ink Holdings Inc.
  • FlexEnable Limited
  • Hewlett-Packard Company
  • Innolux Corp.
  • Japan Display Inc.
  • Kent Displays Inc.
  • LG Display Co. Ltd.
  • Koninklijke Philips N.V.
  • Materion Corporation
  • Nanolumens
  • Novaled AG
  • Panasonic Corporation
  • ROYOLE Corporation
  • Samsung Electronics Co. Ltd.
  • Sharp Corporation
  • Tianma
  • Viewpointec
  • OSRAM Automotive

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Market Dynamics & Growth Factors

Rapid Technological Advancement Drives the Market Growth

Over the past few years, the flexible display market has seen great technological breakthroughs. Compared to classic CRT-based display technologies, display devices now offer higher resolution, better contrast ratio, and lower power usage. The display market's intense competition has resulted in new product developments and releases with appealing aesthetics and high-end specs. For instance, LG released a wallpaper TV in January 2017. It has a 4 mm deep flexible screen that can be magnetized to the wall. OLED W TVs is the brand name for this TV line. It includes models that are ultra-thin and bendable, with sizes ranging from 65 to 77 inches. In January 2017, Samsung Display had launched curved quantum dot displays that include CH711 and the formerly released CF791 and CFG70 gaming monitors. These gaming monitors offer enhanced design with rich colors to promote an immersive viewing experience. Furthermore, some of the huge smartphone manufacturers have already patented their foldable gadget designs. For example, Apple was awarded a patent in May 2019 for a foldable screen that may be used on iPhones and other devices. LG has also trademarked four new brands: LG Flex, LG Duplex, LG Bendi, and LG Foldi, this indicates the company is getting closer to presenting its foldable display devices at upcoming events. Xiaomi and Huawei had intended to employ Samsung Display's foldable smartphone panels at the start of 2020. Previously, Huawei's Mate X had foldable panels from BOE of China, while Xiaomi's Mi Mix Alpha had a flexible display from Visionox, a Chinese display manufacturer. Xiaomi had a patent for a pull-out phone with a sidebar last year. The patent was authorized and published in December 2019, and it will utilize Samsung Display's foldable smartphone screens. Thereby, certain launches are propelling the market growth.

With the introduction of devices Q-dot LED and OLED, companies like LG Display Co., Ltd, and Samsung Electronics Co., Ltd have led the display market into a new era. OLEDs have a wider viewing angle and a higher contrast ratio than LCDs, and they are also brighter. OLEDs also have high refresh rates, allowing for high-definition video. Consumers are drawn to display products with appealing appearances and excellent features, such as TVs, desktop monitors, notebooks, and mobile phones. The display market has been transformed by items based on OLED technology.

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COVID-19 Impact on the Global Flexible Display Market

The worldwide electronics sector has experienced dual impacts as a result of the epidemic. The production of electronics parts has been ceased due to a logistical bottleneck and a lack of manpower availability around the world. On the other side, non-essential items are no longer being delivered by numerous e-commerce sites around the world. Moreover, the surge in online education; remote working have increased the demand for display devices.

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Global Flexible Display Market: Segmentation

The global flexible display market is segregated into type, material type, technology, and application. The types are LCD, OLED, Electronic Paper Display (EPD), and LED. In terms of material type, the market has been classified into glass, plastic, and others. Based on technology, the industry has been bifurcated into emissive, and non-emissive. The application of the market is bifurcated into smartphones & tablets, smart wearables, televisions & digital signage systems, personal computers and laptops, e-reader, vehicles & public transports, and smart home appliances.

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Asia Pacific Region Dominates the Global Flexible Display Market

Asia Pacific is expected to be the leading region in the flexible display market, with a large market share. The presence of multiple consumer electronics manufacturers and a large client base, are thought to be driving expansion. China, India, South Korea, and Japan are leading the way in the development of flexible displays in the region, and their products are cutting-edge. China is a major producer of flexible OLED displays; for example, China's Chengdu facility produces more than 70 million sheets of flexible phone displays each year. Similarly, Mianyang is predicted to increase its output in order to expand the region's display panel manufacturing capabilities, boosting demand for flexible displays over the forecast period. The market is being fueled by the increasing competition among players in this sector, which is fueled by the growing integration of these components with electronic devices.

North America accounted for more than 20% of total revenue. Due to the growing need for energy-efficient gadgets, the regional market is growing steadily. Because of the high demand for flexible displays in the automobile industry, Europe is likely to develop significantly in the future years.

Browse the full report “Flexible Display Market by Type (LCD, OLED, Electronic Paper Display (EPD), and LED), By Material Type (Glass, Plastic, and Others), By Technology (Emissive, and Non-emissive), By Application (Smartphones & Tablets, Smart Wearables, Televisions & Digital Signage Systems, Personal Computers and Laptops, E-reader, Vehicles & Public Transports, and Smart Homes Appliances): Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026” report at https://www.fnfresearch.com/flexible-display-market

The global flexible display market is segmented as follows:

By Type:

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

By Material Type:

  • Glass
  • Plastic
  • Others

By Technology:

  • Emissive
  • Non-emissive

By Application:

  • Smartphones & Tablets
  • Smart Wearables
  • Televisions & Digital Signage Systems
  • Personal Computers and Laptops
  • E-reader
  • Vehicles & Public Transports
  • Smart Homes Appliances

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable  Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market

Related Reports:

Volumetric Display Market: https://www.fnfresearch.com/volumetric-display-market

E-Paper Display Market: https://www.fnfresearch.com/global-e-paper-display-market-by-product-auxiliary

Foldable Display Market: https://www.fnfresearch.com/foldable-display-market-by-technology-led-oled-and-729

Screenless Display Market: https://www.fnfresearch.com/global-screenless-display-market-by-type-visual-image-802

AMOLED Display Market: https://www.fnfresearch.com/amoled-display-market-by-application-mobile-smart-phones-1126

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