According to a new market research report
published by Credence Research “Flexible
Displays Market (By Applications – Smartphones,
Wearables, Television Sets, Automotive Displays and Others; By
Substrate: Glass, Plastic and Metal) - Growth, Future Prospects,
Competitive Analysis and Forecast 2017 - 2025”, the global flexible
displays market was valued at US$ 4,965.3 Mn in 2016 and is expected
to grow at a CAGR of 26.5% during the forecast period from 2017 to
2025.
The complete report is
available
at http://www.credenceresearch.com/report/flexible-display-market
Market Insights
Factors such as successful demonstrations of
flexible display technology by some of the leading display
manufacturers including Samsung Display and LG display have led to
the growing demand for flexible electronics. Consumers all across the
world have shown huge interest in smartphones and wearables which can
be easily bended or folded as per their convenience. Thereby, display
manufacturers have been working rigorously towards incorporating
flexible display technologies into regular consumer electronics.
Another key application expected to drive the demand for flexible
displays in the near future is automotive displays. Auto-makers have
been consistently investing in innovative display technologies to be
used in various infotainment and navigation systems to ensure
enhanced user experience. Flexible displays have offered exciting
opportunities for design and development of convenient and intuitive
automotive displays. With the ongoing production design of
commercially viable electronics, the flexible displays market is
expected to witness significant growth in the following years.
Competitive Insights:
The global flexible displays market is fairly
niche with leading manufacturers of flexible displays experiencing
limited demand from the mainstream consumer electronics industry.
Major developers of the flexible display technology have been working
towards increasing their production capacity in order to meet future
demands. However, one of the major challenges faced by such companies
is the lack of commercially viable designs for electronics. The
consumer electronics industry has not been successful in completely
embracing the flexible display technology and thereby, has lacked in
incorporating the same into their products. Some of the key
manufactures of flexible displays include Samsung Display, LG
Display, TianMa Microelectronics Co., Ltd., Royole Corporation, E Ink
Holdings, Inc., Futaba Corporation, UniPixel, Inc. and Plastic Logic
Germany.
Click Here To Download Full Report Sample
on Flexible Displays Market:
http://www.credenceresearch.com/sample-request/58245
Key Trends:
-
Market expected to be primarily driven by the demand from smartphones and wearables segment
-
Manufacturers have been investing heavily to increase production capacity and to offer flexible displays at affordable prices
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Innovative applications especially in the automotive displays segment are expected to offer immense growth opportunities in the future
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