Flexible Display Market size was valued at US$ 14.70 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 28.4% through 2022 to 2029, reaching nearly US$ 108.61 Bn.
Flexible Display Market Overview
The recently published report by Maximise Market Research on Flexible Display market is available in the market. MMR is an international business consultancy firm, serving large and medium size players across the world. It has got clients across the globe in more than 34 countries.
The researchers team has said that the Flexible Display market is expected to have a lucrative growth opportunity for manufacturers within next ten years. They also shared that the Flexible Display market is showing upward trend even in the midst of economic growth.
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Market Scope
The report indicates the significant growth due to efforts of the industry participants within the forecast period i.e., 2022- 2029. The report includes all insights of the Flexible Display market for manufacturers, suppliers, and distributors and global investors to understand the heart of the market and plan strategies. The information or data provided in the report can be used by the students, stakeholders, consulting firms, research institutes, industry professionals, journalists, business researchers, etc. in the global Flexible Display market. Data on market size and market share, market dynamics and many more are presented in the report. To provide users comprehensive information all analytical market data are scientifically displayed in the form of graphs, tables, pie charts and product statistics.
Market Dynamics
The demand for lightweight, flexible, and energy-efficient devices as well as rising consumer electronics device usage are driving the growth of the global flexible display market. In addition, cutting-edge flexible displays have been introduced as a result of technological advancements, which are anticipated to offer new commercial growth potential for market participants.
Manufacturers of consumer electronics frequently use flexible displays because of their many benefits, including light weight, durability, and non-fragility.
Market Segmentation
The market is divided into LCD, OLED, EPD, E-Paper, and Quantum Dots categories based on technology. By 2029, the OLED segment is anticipated to have the largest market shares. OLED-based displays, which are highly flexible and efficient in terms of energy use, are frequently used in smartphones. They are lighter and more aesthetically pleasing than LCD flexible screens. These are the main elements that will fuel this segment's expansion in the global market from 2022 to 2029.
The market is divided into Smartphone, Smartwatch, Wearable, TV, Digital Signage, PC Monitor, and Automotive segments based on applications. The smartphone market is anticipated to expand quickly from 2022 to 2029, with a CAGR of 12.1%. Government programmes for smart city projects as well as the introduction of digital signs with flexible displays are anticipated to become widely used for advertising and map displays during the forecast period.
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Key Players
• Panasonic Corporation
• Samsung Electronics Co. Ltd
• Japan Display Inc.
• Osram Licht AG
• Pioneer Corporation
• LG Display Co. Ltd
• BOE Technology Group Co. Ltd
• Acuity Brands Lighting Inc.
• AU Optronics Corp.
• Sharp Corporation
• Acuity Brands Lighting Inc.
• Innolux Corporation
• Hannstar Display Corporation
• Ritek Corporation
• Koninklijke Philips N.V.
• Chunghwa Picture Tubes Ltd
Regional Analysis
The regional analysis of the Flexible Display market is done with help of regional surveys which divides the market into different segments in specific regions. It demonstrates the most significant regional divisions such as North America, Asia Pacific, Europe, Latin America, the Middle East and Africa who has global influence in the Flexible Display market. The market growth is majorly due to the increasing population of the developing country and increasing demand in the market.
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Mar 07, 2023
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