The smartphones and tablets segment was the largest segment of the flexible display market.
Industry Trends-
- The smartphones and tablets segment was the largest segment of the flexible display market.
- The OLED technology segment is expected to witness the highest growth
Geographic Trend-
- North America was the largest market for flexible display.
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The US accounted for the largest share of the market in North America. Flexible displays are majorly used in smartphones, tablets, smartwatches, and wearables.
North America was the largest market in 2016, followed by Asia Pacific and Europe.
Leading companies offering devices and components include Apple, Inc. (U.S.) and Corning Incorporated (U.S.) are based in North America, which has helped the growth of the flexible display market in the region.
Top 25 Companies Analyzed for This Study are -
Samsung Electronics Co. Ltd., LG Display Co. Ltd., E-Ink Holdings Inc., Japan Display, Inc., AU Optronics Corp., E. I. Du Pont De Nemours and Company, BOE Technology Group Co., Ltd., Corning Incorporated, Sharp Corp. (Foxconn), Innolux Corporation, Applied Material, Inc. , Visionox Corporation, Pervasive Displays, Royale Corporation, Flexenable Limited, Cambrios Technologies Corporation, Kateeva, Unipixel, Universal Display Corporation, Ritdisplay, Flexterra Corporation (Polyera), Futaba, Pioneer, Qisda Corp., Sinovia Technologies.
Market Dynamics
Drivers
- Rising Demand for OLED-Based Devices
- Technological Shift and Development of Energy-Efficient, Attractive, and High-Specification Flexible Display Products
- High Growth of Consumer Goods
Restraints
- Complex Manufacturing Process
Opportunities
- High Growth of Smart Wearables Market
- Emerging Applications of Flexible Displays