The global flexible displays market to grow at a CAGR of 35.11% during the period 2017-2021.
Global Flexible Displays Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The report states that as the flexible displays market is still in its nascent stage, there is a lack of mass production plants that can churn out products at the rate at which the innovation is happening. This leads to a lack in the commercialization of products and difficulty in achieving economies of scale for vendors. Mass production plants are usually located in APAC, whereas most of the R&D or university partnerships are occurring in the North American market.
This leads to a lag in the prototype and product stage. However, the major companies such as Samsung Display and LG Display have realized the potential of flexible displays and have started making major investments in the production plants in the APAC market. These plants are closely connected with their R&D divisions to ensure that the prototype to product stage lag or delay does not hamper the growth.
Drivers and challenges
- Market drivers
- Impact of drivers on key customer segments
- Market challenges
- Impact of challenges on key customer segments
- Development of transparent OLED (TOLED) displays
- Technological advances in augmented reality (AR)
- Development of environment-friendly electronic devices
- LG Display
- Samsung Display
Other prominent vendors
- AU Optronics
- BOE Technology Group
- EverDisplay Optronics (EDO)
- E Ink Holdings
- Universal Display Corporation
For more information about this report visit http://www.researchandmarkets.com/research/xw72j3/global_flexible