Global Market for Flexible Display is Anticipated to grow at a Significant Pace i.e., USD 56.2 Billion during the Forecast Period 2021-2027

Published Date: Jan, 2022

The global flexible display market is projected to grow significantly with a CAGR of 35.1% during the forecast period 2021-2027 owing to the implementation of OLED technology in electronic devices like smartphones, smartwatches, wearables, TVs, digital signages, and electronic shelf labels, and are adopted in advertising campaigns and promotional activities. Furthermore, the flexible display market is growing due to the rising demand for display-based consumer electronics and consumer preference for energy-efficient, flexible gadgets. The flexible light display is being used in various applications owing to the advantages offered such as flexibility, lightweight structure, durability, and bendability to their devices.

Sharp Imaging and Information Company of America (SIICA) has introduced a 4K Ultra-HD Sharp 4T-B80CT1U AQUOS BOARD® interactive display in November 2021, allowing for more collaborative and engaging classrooms and meeting rooms.

The COVID-19 outbreak has led to reduced export shipments and poor domestic semiconductor demand which has impacted the growth of the global flexible display market.

Browse 64 market data Tables and 40 Figures spread through 275 Pages and in-depth TOC on " Flexible Display Market by Material (Plastic, Glass, and Others), by Technology (Liquid Crystal Display (LCD), Organic Light-Emitting Diode (OLED), EPD, E-Paper, and Quantum Dots), by Application (Smartphones & Tablets, Smartcards, E-Reader, Electronic Shelf Labels (ESLS), Smartwatches & Wearables, TV & Digital Signage Systems, Vehicles & Public Transport, Laptops & PC Monitor, Smart Home Appliances, and Others), by End-User (Automotive, Aerospace, Consumer Electronics, Transportation, Government, Utilities, and Others), and Region - Global Forecast to 2027"

By application, vehicles & public transport is projected to witness fastest growth during the forecast period.

Based on application, the global flexible display market is divided into smartphones & tablets, smartcards, e-reader, electronic shelf labels (ESLS), smartwatches & wearables, TV & digital signage systems, vehicles & public transport, laptops & PC monitor, smart home appliances, and others. Vehicles & public Transport is anticipated to grow at a faster pace as displays ranging from small to medium and medium to large-sized display panels are used in cars in a form of dashboard displays, central control units, entertainment systems, navigation systems, security systems, and many other systems which aids drivers in displaying the information. Public transport vehicles lie trains, planes, and ships are using panels to display information for advertisement purposes and be large in size.

Global Flexible Display Market Segmentation Analysis

Segment

Categorization

Leading Category

Material

Plastic, Glass, and Others

Plastic (Largest)

Technology

Liquid Crystal Display (LCD), Organic Light-Emitting Diode (OLED), EPD, E-Paper, and Quantum Dots

OLED (Largest)

 

Application

 

Smartphones & Tablets, Smartcards, E-Reader, Electronic Shelf Labels (ESLS), Smartwatches & Wearables, TV & Digital Signage Systems, Vehicles & Public Transport, Laptops & PC Monitor, Smart Home Appliances, and Others

Smartphones

(High CAGR)

Vehicles & Public Transport

(Fastest Growth)

End-User

Automotive, Aerospace, Consumer Electronics, Transportation, Government, Utilities, and Others

Consumer Electronics (Largest)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

Asia-Pacific (Fastest)

Discover More About This Report, Download A Free Sample Copy of Global Flexible Display Market

“North America to hold the largest regional market share in 2021.”

North America dominates the flexible display market owing to the rising demand for energy-efficient devices and the significant demand for adaptable displays will bolster the growth of the flexible display market in the region.

Some of the major players in the global Flexible Display Market include BOE Technology Group Co., Ltd., SAMSUNG DISPLAY, LG DISPLAY CO., LTD., AU Optronics Corp., Innolux Optoelectronics Co., Ltd., Japan Display Inc., E Ink Holdings Inc., Corning Incorporated, SHARP CORPORATION, Visionox Company, and Royole Corporation.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Material, Technology, Application, End-User, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

BOE Technology Group Co., Ltd., SAMSUNG DISPLAY, LG DISPLAY CO., LTD., AU Optronics Corp., Innolux Optoelectronics Co., Ltd., Japan Display Inc., E Ink Holdings Inc., Corning Incorporated, SHARP CORPORATION, Visionox Company, and Royole Corporation

Global Flexible Display Market Coverage

Material Insight and Forecast 2015-2027

  • Plastic
  • Glass
  • Others

Technology Insight and Forecast 2015-2027

  • Liquid Crystal Display (LCD)
  • Organic Light-Emitting Diode (OLED)
  • EPD
  • E-Paper
  • Quantum Dots

Application Insight and Forecast 2015-2027

  • Smartphones & Tablets
  • Smartcards
  • E-Reader
  • Electronic Shelf Labels (ESLS)
  • Smartwatches & Wearables
  • TV & Digital Signage Systems
  • Vehicles & Public Transport
  • Laptops & PC Monitor
  • Smart Home Appliances
  • Others

End-User Insight and Forecast 2015-2027

  • Automotive
  • Aerospace
  • Consumer Electronics
  • Transportation
  • Government
  • Utilities
  • Others

Geographical Segmentation

Flexible Display Market by Region

North America

  • By Material
  • By Technology
  • By Application
  • By End-User
  • By Country – U.S., Canada, and Mexico

Europe

  • By Material
  • By Technology
  • By Application
  • By End-User
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Material
  • By Technology
  • By Application
  • By End-User
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Material
  • By Technology
  • By Application
  • By End-User
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries