A flexible display is a visual output surface that is designed to be able to withstand being folded, bent, and twisted. Typically screens that use flexible displays are made of OLED displays. Flexible displays are becoming more prevalent in foldable technology such as smartphones, which are designed to be folded or closed like a book. The global Flexible Display market has made massive paces on account of the presence of many global giants continuously investing in research and development to come up with more pioneering products.
Flexible displays, which have a technologically superior display structure that is conformal and flexible, have the largest demand in the market rather than traditional displays. Furthermore, increasing sales of consumer electronics like wearable devices, smartphones, and television, and computer peripherals are boosting demand for flexible displays. This is because flexible displays are used in portable electronics on account of their durability and bendable nature. All these factors remarkably contribute to the growth of the global Flexible Display market.
Additionally, the use of flexible displays in nascent models of cell phones and iPads shall also make additional revenues for the vendors existing in the global flexible displays market. Moreover, the use of flexible displays in electronic watches and other personal accessories is escalating the growth of the market. In addition, increasing demand for flexible displays from healthcare and automotive among other industries is estimated to create various growth opportunities for the Flexible Display market. Further, technological progressions in the field of display technologies have led to the introduction of state-of-the-art flexible displays, creating new growth opportunities for the key players operating in the market.
Covid-19 Impact on Flexible Display Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Flexible Display Market Segment Overview
In terms of technology, the OLED segment occupied a prominent market share and is anticipated to grow significantly throughout 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. Additionally, OLED flexible displays are also relatively smooth in design and lightweight as compared to LCDs since they do not need backlight or filters. Based on the Application, The Smartphone segment is projected to witness considerable growth over the forecast period. The introduction of the smart city concept, digital signage systems with flexible displays is expected to be widely used for map displays and advertising in the coming years.
Flexible Display Market, By Form Factor
· Curved Display
· Bendable and Foldable Display
· Rollable Display
Flexible Display Market, By Technology
· OLED
· EPD
· LCD
Flexible Display Market, By Application
· Military Equipment
· Smartphone
· Computer and Peripherals
· Wearable Devices
· Television
Flexible Display Regional Overview
Region-wise, North America commanded a major share of the global Flexible Display market and is predictable to maintain its supremacy over the forecast period. This is due to the increasing demand for energy-efficient devices and the presence of the many prominent manufacturers in this region. Additionally, the Army’s Flexible Display Centre (FDC) is designing flexible display technologies for soldiers so that they can improve their operational field capabilities. This fact further boosts the market’s growth in this region. Europe is another major region for the Flexible Display market. This is because Europe is one of the main markets for semiconductors in the world. Likewise, Asia Pacific is expected to expand with an impressive CAGR over the forecast period. Important factors such as the increasing demand for compact and lightweight electronic devices. Furthermore, the proliferation of smartphones and the growing adoption of advanced technologies, such as 3D displays and augmented reality are anticipated to have a positive impact on the regional market’s growth.
Flexible Display Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Flexible Display Market, Key Players
· Panasonic Corporation
· Samsung Electronics Co. Ltd.
· Universal Display Corporation
· Atmel Corporation
· Koninklijke Philips N.V.
· Sharp Corporation
· LG Display
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Flexible Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Form Factor
- 5.2.1. Curved Display
- 5.2.2. Bendable and Foldable Display
- 5.2.3. Rollable Display
- 5.3. Market Analysis, Insights and Forecast – By Technology
- 5.3.1. OLED
- 5.3.2. EPD
- 5.3.3. LCD
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Military Equipment
- 5.4.2. Smartphone
- 5.4.3. Computer and Peripherals
- 5.4.4. Wearable Devices
- 5.4.5. Television
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Flexible Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Form Factor
- 6.2.1. Curved Display
- 6.2.2. Bendable and Foldable Display
- 6.2.3. Rollable Display
- 6.3. Market Analysis, Insights and Forecast – By Technology
- 6.3.1. OLED
- 6.3.2. EPD
- 6.3.3. LCD
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Military Equipment
- 6.4.2. Smartphone
- 6.4.3. Computer and Peripherals
- 6.4.4. Wearable Devices
- 6.4.5. Television
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Flexible Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Form Factor
- 7.2.1. Curved Display
- 7.2.2. Bendable and Foldable Display
- 7.2.3. Rollable Display
- 7.3. Market Analysis, Insights and Forecast – By Technology
- 7.3.1. OLED
- 7.3.2. EPD
- 7.3.3. LCD
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Military Equipment
- 7.4.2. Smartphone
- 7.4.3. Computer and Peripherals
- 7.4.4. Wearable Devices
- 7.4.5. Television
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Flexible Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Form Factor
- 8.2.1. Curved Display
- 8.2.2. Bendable and Foldable Display
- 8.2.3. Rollable Display
- 8.3. Market Analysis, Insights and Forecast – By Technology
- 8.3.1. OLED
- 8.3.2. EPD
- 8.3.3. LCD
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Military Equipment
- 8.4.2. Smartphone
- 8.4.3. Computer and Peripherals
- 8.4.4. Wearable Devices
- 8.4.5. Television
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Flexible Display Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Form Factor
- 9.2.1. Curved Display
- 9.2.2. Bendable and Foldable Display
- 9.2.3. Rollable Display
- 9.3. Market Analysis, Insights and Forecast – By Technology
- 9.3.1. OLED
- 9.3.2. EPD
- 9.3.3. LCD
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Military Equipment
- 9.4.2. Smartphone
- 9.4.3. Computer and Peripherals
- 9.4.4. Wearable Devices
- 9.4.5. Television
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Panasonic Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Samsung Electronics Co. Ltd.
- 10.6. Universal Display Corporation
- 10.7. Atmel Corporation
- 10.8. Koninklijke Philips N.V.
- 10.9. Sharp Corporation
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
