Flexible Display Market Size 2019 – Industry Analysis by Types, Applications, Key Players, and leading Countries Forecast to 2024

Flexible Display

The “Flexible Display Market” report 2019 provides a comprehensive analysis of Flexible Display industry by types, applications, key players and regions. It shows the Flexible Display market 2019-2024 by production, consumption, supply, gross margin, the revenue of the industry. Additionally, the Flexible Display market report covers the details of market size, share, and growth rate of the market with respect to regions.

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Competitor Analysis:

Flexible Display market includes the following leading manufacturers on the basis of sales, revenue, price, and gross margin.

  • LG Display Co., Ltd
  • Samsung Electronics Co., Ltd
  • AU Optronics Corp.
  • Innolux Corporation
  • Sharp Corporation
  • BOE Technology Group Co., Ltd
  • Japan Display Inc.
  • Hannstar Display Corporation
  • Panasonic Corporation
  • Chunghwa Picture Tubes Ltd
  • Acuity Brands Lighting, Inc.
  • Koninklijke Philips N.V.
  • Osram Licht AG
  • Ritek Corporation

    Market Overview:

  • The flexible display market was valued at USD 4.95 billion in 2018, and is expected to reach a value of USD 29.68 billion by 2024, at a CAGR of 34.80% over the forecast period (2019-2024).
  • – Flexible displays offer many advantages over conventional display technology, including lightweight, bendable, ultra-thin, shatter-proof, unbreakable, portable, and low energy consumption.
  • – The most significant advantage that flexible displays are potentially expected to offer are their durability. Since this screen can be bent and manipulated, it tends to absorb the fall and collision impact better than solid glass structures that are currently in the application.
  • – Owing to the rising demand for consumer electronics, such as wearable devices, smartphones, and television and computer peripherals, and high adoption in entertainment and gaming, the market for flexible displays is expected to witness a significant growth rate over the forecast period.
  • – For instance, Royole, a company based in Fremont, California, developed super-thin OLED displays that are about 0.01 mm thick, which are flexible, can be folded, and even flapped.
  • – However, the high levels of manufacturing complexities have been a major challenge, affecting the large-scale adoption. Recent technological innovations, such as the development of flexible transistors, with extreme bending ability, is expected to address the manufacturing challenges.

    Flexible Display market report presents in-depth analysis regarding the development, current trends, industry policies and regulations implemented in each of the geographical region. It includes analysis of upstream raw materials, downstream demand, and current market dynamics. Furthermore, the Flexible Display market report provides in-depth insight of Flexible Display industry during 2019-2024.

    Scope of the Report:

  • Flexible display is classified as OLEDs, LCDs, LEDs, and EPDs. Flexible display is made up of glass, plastic, and metal. It has different applications, such as smartphones and tablets, smart wearables, televisions, and digital signage systems, personal computers and laptops, monitors, vehicle and public transport, smart home appliances, E-readers, and electronic shelf labels.

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    Key Market Trends:

    OLED Technology Segment is Expected to Witness the Highest Growth

    – Flexible displays constructed from OLED are energy efficient when compared to other variants. OLEDs are available in a very small form factor making it possible for the manufacturers to construct them as individual pixels. They are already induced into several consumer electronics, such as curved OLED TVs etc., creating a considerable demand.
    – OLED display systems have gained popularity in recent times, due to their simplified design, better image quality, and limited flexibility as of now. OLED screens do not involve backlighting, so they can be thinned and molded into specific shapes, one of such being the curved screens. Samsung uses this property of OLED display to offer mobile devices that come with curved displays.
    – In Asia-Pacific countries, such as India and China, the operating revenue from televisions is still high as compared to other regions owing to the continuous demand for television upgrade.

    Asia-Pacific is Expected to Witness the Highest Growth Rate

    – The Asia-Pacific flexible display market is expected to show high growth in the future as top display manufacturers, such as Samsung, LG, Sony, AUO, and E Ink Holdings are based in the region. Hence, it is a preferred market for cell phone, tablet, laptop, and television manufacturers across the world.
    – The surge in the demand for smartphones has played a significant role in the demand for flexible displays in the region. APAC has approximately 2 billion users of smartphone and the region is also home to some of the prominent manufacturers of OLEDs.
    – The government of South Korea is encouraging the development of OLED supply chain and is contributing to support universities and research institutes. The South Korean government also granted permission to LG to build an OLED panel manufacturing plant in Guangzhou. The plant is scheduled to be completed in the second quarter of 2019 and it will be able to produce 60,000 8.5-gen OLED panels a month.
    – According to a report, the Chinese panel producer BOE will become a supplier of OLED panels to Apple for folding iPhone scheduled for 2020.
    – Currently, Japan Display Inc. (JDI) is investing in Chinese panel makers, including BOE, Tianma, and CSOT, in order to improve JDI’s OLED deposition technology to mass produce small-sized OLED screens for smartphones in 2019.

    Reasons to Buy Flexible Display Market Report:

    • Analysis of Flexible Display market including revenues, future growth, market outlook
    • Historical data and forecast of Flexible Display industry
    • Flexible Display market report covers regional analysis including growth estimates
    • To analyze the end user markets including growth estimates
    • Profiles on laboratory balance including products, sales/revenues, and market position
    • Includes Flexible Display market structure, market drivers, opportunities, and restraints.

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    Flexible Display Market Report Covers the Following Questions:

    • What trends, challenges and barriers are influencing its growth?
    • What is the and regional outlook for Flexible Display market?
    • Who are the key players, and what are their strategies?
    • What is the status of Flexible Display status worldwide?
    • What are the Flexible Display market challenges to market growth? 
    • What are the Flexible Display market challenges to market growth? 
    • What are the types and applications of Flexible Display?
    • What is the market share of each type and application? 

    Detailed TOC of Flexible Display Market 2019-2024:

    1 INTRODUCTION
    1.1 Scope of the Study

    2 EXECUTIVE SUMMARY

    3 RESEARCH METHODOLOGY
    3.1 Key Deliverables of the Study
    3.2 Study Assumptions
    3.3 Analysis Methodology
    3.4 Research Phases

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Technological Advances in Display Market
    4.2.2 Increased Demand for Flexible Displays in Automobile Industry
    4.3 Market Restraints
    4.3.1 Complex Manufacturing Processes and Expected Slow Demand from Smartphones Makers

    5 MARKET INSIGHTS
    5.1 Industry Attractiveness – Porter’s Five Forces Analysis
    5.1.1 Threat of New Entrants
    5.1.2 Bargaining Power of Buyers/Consumers
    5.1.3 Bargaining Power of Suppliers
    5.1.4 Threat of Substitute Products
    5.1.5 Intensity of Competitive Rivalry
    5.2 Value Chain / Supply Chain Analysis

    6 MARKET SEGMENTATION
    6.1 by Type
    6.1.1 OLED
    6.1.2 LCD
    6.1.3 LED
    6.1.4 EPD
    6.2 by Substrate Material
    6.2.1 Glass
    6.2.2 Plastic
    6.2.3 Other Substrate Materials
    6.3 by Application
    6.3.1 Smartphones and Tablets
    6.3.2 Smart Wearables
    6.3.3 Televisions and Digital Signage Systems
    6.3.4 Personal Computers and Laptops
    6.3.5 Monitors
    6.3.6 Vehicle and Public Transport
    6.3.7 Smart Home Appliances
    6.3.8 Other Applications
    6.4 Geography
    6.4.1 North America
    6.4.1.1 US
    6.4.1.2 Canada
    6.4.2 Europe
    6.4.2.1 UK
    6.4.2.2 Germany
    6.4.2.3 France
    6.4.2.4 Rest of Europe
    6.4.3 Asia-Pacific
    6.4.3.1 China
    6.4.3.2 Japan
    6.4.3.3 India
    6.4.3.4 Rest of Asia-Pacific
    6.4.4 Rest of the World

    7 COMPETITIVE LANDSCAPE
    7.1 Company Profiles
    7.1.1 LG Display Co., Ltd
    7.1.2 Samsung Electronics Co., Ltd
    7.1.3 AU Optronics Corp.
    7.1.4 Innolux Corporation
    7.1.5 Sharp Corporation
    7.1.6 BOE Technology Group Co., Ltd
    7.1.7 Japan Display Inc.
    7.1.8 Hannstar Display Corporation
    7.1.9 Panasonic Corporation
    7.1.10 Chunghwa Picture Tubes Ltd
    7.1.11 Acuity Brands Lighting, Inc.
    7.1.12 Koninklijke Philips N.V.
    7.1.13 Osram Licht AG
    7.1.14 Ritek Corporation

    8 INVESTMENT ANALYSIS

    9 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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