Flexible Display Market to See Promising Growth to USD 15.1 billion by 2022

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MarketsandMarkets Presents

Flexible Display Market to See Promising Growth
to USD 15.1 billion by 2022 Flexible Display
Market by Application (Smartphone, Smartwatch,
Wearable, TV, Digital Signage, PC Monitor,
E-reader, Electronic Shelf Label, and
Automotive), Technology (OLED, Quantum Dots, LED,
E-Paper), Panel Size, and Geography - Global
Forecast to 2022 https//www.marketsandmarkets.co
m/Market-Reports/flexible-display-market-788.html
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The Flexible Display Market is projected to grow
from USD 2.7 billion in 2016 to USD 15.1 billion
by 2022, at a CAGR of 34.4 between 2017 and
2022. Growth of this market is driven majorly by
a technological shift, the development of
energy-efficient, attractive, high-specification
products, and the rising demand for smartphones,
smartwatches, wearables, televisions, PC
monitors, and laptops. Browse 62 market data
Tables and 51 Figures spread through 171 Pages
and in-depth TOC on "Flexible Display Market -
Global Forecast to 2022"
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The smartphones and tablets segment accounted
for the largest share of the flexible display
market in 2016 The smartphones and tablets
segment accounted for the largest share of the
market in 2016. Smartphones have LED-LCD and
OLED-variantbased display panels, and tablets
are extended forms of smartphones and are
equipped majorly with LED-LCD display panels.
Various smartphone and laptop manufacturing and
supplying companies have entered the tablet
market due to the high demand in the consumer
market. The use of flexible displays in
smartphones and tablets makes these more durable,
as they offer stylish designs and better
ergonomics to operate these devices. The market
for smartphones and tablets is growing
significantly, owing to the increasing demand for
hand-held devices around the world. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id788 The OLED technology segment
is projected to grow at the highest CAGR during
the forecast period The Organic Light-emitting
Diode (OLED) technology segment is expected to
grow at the highest CAGR between 2017 and 2022.
OLED is a display technology used in various
devices, including smartphones, tablets, laptops,
smartwatches, and wearables. For example, OLEDs
are used in mobile phones, digital cameras, VR
headsets, tablets, laptops, and televisions. OLED
has the potential to revolutionize the future of
display as it is made of carbon and offers
various advantages, such as low power
consumption, fast response time, and flexibility.
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North America accounted for the largest share of
the market for flexible display in 2016 North
America accounted for the largest share of the
market in 2016, followed by the Asia Pacific and
Europe. The US accounted for the largest share of
the market in North America in 2016. Flexible
displays are used majorly in smartphones,
tablets, smartwatches, and wearables. Leading
companies offering devices and components include
Apple, Inc. (US) and Corning Incorporated (US),
which are based in North America, and this factor
has helped the growth of the flexible display
market in the region. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id788 Major players operating in
the flexible display market include Samsung
Display Co. Ltd. (South Korea), LG Display Co.,
Ltd. (South Korea), Japan Display, Inc. (Japan),
and BOE Technology Group Co., Ltd. (China), among
others.
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