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The global Flexible Display Market is projected to reach USD 192.11 billion, growing at a compound annual growth rate (CAGR) of 32.54% by 2030. This growth is driven by increasing demand for flexible displays in a wide range of electronic devices such as smartphones, laptops, smart televisions, and smartwatches worldwide.
Overview
A flexible display also known as rollable display refers to a display technology that is designed to be bendable, rollable, or foldable, offering enhanced flexibility and versatility compared to traditional rigid displays. These displays are typically made using flexible materials such as plastic or Organic Light Emitting Diode (OLED) technology, allowing them to be curved, twisted, or bent without causing damage.
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The flexible display market report is segmented on the basis of material, type, component, technology, application, and geography. On the basis of material, the market is divided into glass, plastic and other substrate materials. On the basis of type, the market is classified into OLED, LCD, LED, and EPD. On the basis of component, the market is categorized into organic material, substrate, conductive layer, backlight panel, and others.
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The market is bifurcated into smartphones and tablets, smart wearables, televisions and e-reader, e-paper, digital signage systems, personal computers and laptops, monitors, vehicle and public transport and, smart home appliances. The geography breakdown and analysis of each of the aforesaid segments include regions such as North America, Europe, Asia-Pacific, and RoW.
Asia-Pacific region is expected to hold the dominant share of flexible display market size and is expected to continue dominating the market during the forecast period. This is attributed to well established consumer electronics industry in the countries such as China, Japan, South Korea, and others propels the growth of the market.
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The flexible display industry comprising of various market players such as BOE Technology Group Co., LG Display Co. Ltd, Samsung Electronics Co Ltd, Royole Corporation, E Ink Holdings Inc., Corning Incorporated, Plastic Logic GmbH, Japan Display Inc., FlexEnable, Acuity Brands Lighting, Innolux Corporation, Panasonic Corporation, Koninklijke Philips N.V., AU Optronics Corp., TCL Technology.
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