Rise in Appetite for Electronic Goods Fuels Global Flexible Display Market

Published Date : Jul 30, 2018

Albany, New York, July 30, 2018: The global flexible display market is projected to grow at an exponential rate during the forecast period. Rise in demand for low power consumption is expected to promote the growth of the market. Stew of technological advancement in the display technology field had forced the manufacturers working on this field to research hardcore in developing new designs that would help to raise the flexible displaying by solving its shortcomings, notices Market Research Reports.biz. In a 216 pages report, titled “Flexible Display Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025,” which is up for a sale on the website, analyses the different aspects of the market such as trends, opportunities, and restraints.

The report is aimed at providing an overall view of the market for the readers to understand regarding the complexities in the market. The report provides a detailed analyses about the market value chain. The report caters various regions where the market is dominating or about to dominate in future.

Surge in demand of smartphone, television, and wearable devices which uses flexible display for convenience, boosting the market growth of the flexible display. The complex manufacturing technique required for manufacturing these flexible displays, accompanied with high cost in manufacturing is caused to deter the growth of the market. Another major restrain in the market is the use of plastics in the market. Plastics cannot render the HD quality experience as that a glass can, so it is going to constrain various display manufactures into market. However, the innovative techniques in the market is attracting consumers globally.

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The global market for display market is divided on the basis of technology, form factor, application, and region. On the basis of form factor, the market is classified into curved display, rollable display, and bendable and foldable display. Curved display which can be manufactured in different shapes and size, registered leading share in 2016. On the basis of technology the market is segregated into Liquid Crystal display, Organic Light Emitting Diode, and Electronic Paper Display. On the basis of the application the market is divided into wearable devices, smartphone, computer and peripherals, and television.

On the basis of region, the market is segmented into Europe, Latin America, North America, Middle East and Africa, and Asia Pacific. North America registered the highest share of the market in 2016, due to its surge in demand of smartphones, television, wearable devices, and military equipment. Europe came second in terms of market share. Leading global players in market are trying to expand their geographical footprints by collaborating with local players. Some of the important players in the market are Atmel Corporation, Samsung Electronics Co. Ltd, Sony Corporation, LG Display, and Panasonic Corporation.

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