MarketsandMarkets: Global Flexible Display Market Worth $3,298 Million by 2017

DALLAS, October 1, 2012 /PRNewswire/ --

According to a new market research report, "Flexible Display Market: Global Analysis & Forecast (2012 - 2017) by Application (Smartphone, Tablet, e-reader, Laptop, TV, Smartcard, Wearable Display, e-label), Technology (OLED, LCD, e-paper), Component (Substrate, Layers, & Others) & Geography", published by MarketsandMarkets (http://www.marketsandmarkets.com), the total market for flexible displays is expected to reach $3,298 million by 2017, at a CAGR of 45.1% from 2012 to 2017.

Browse 106 market data tables spread through 222 pages and in-depth TOC of "Flexible Display Market: Global Analysis & Forecast (2012 -2017) by Application (Smartphone, Tablet, e-reader, Laptop, TV, Smartcard, Wearable Display, e-label), Technology (OLED, LCD, e-paper), Component (Substrate, Layers, & Others) & Geography".
http://www.marketsandmarkets.com/Market-Reports/flexible-display-market-788.html
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A flexible display is a lightweight, thin and flexible/rollable/foldable display. It is the next big display technology, which uses plastic or polymer as a substrate, thereby giving flexibility to the display. Flexible displays use various technologies such as e-paper, OLED, LCD, and LCOS. In the present scenario, the market for flexible e-paper displays is already established, and used in areas like retail signage, Point of Purchase display (POP), Electronic Shelf Labeling (ESL), smartcards and wearable displays, etc. The other flexible display technologies like OLED and LCD are still in the introductory phase. Companies like Sony (Japan), LG (South Korea), and Philips (The Netherlands), etc. have already developed displays based on OLED. Samsung (South Korea) is expected to come up with flexible OLED smartphones by the end of 2012.

The flexible display has promising applications such as e-readers, smartphones, tablets, laptops, e-paper and TVs. Flexible display majorly targets the consumer products such as mobile, TV, laptop, etc. In addition, the consumer goods market is growing significantly and expected to grow further at a similar pace. Hence, flexible displays will have a huge scope in future. Flexible OLED displays are expected to be the most popular display technology for most of the applications and continue to remain the same in future.

Driving factors for the flexible display market are the distinctive features of the display and a growing consumer goods industry. There are certain restraints for this market as well, such as rising competing technologies like OLED, LCD displays and design challenges.

At the CES 2006, Philips showed a rollable display prototype whose screen can retain an image for several months without electricity. As of 2007 Philips Polymer Vision expected to launch a 5-inch (130 mm), 320 x 240-pixel resolution rollable display based on E Ink's electrophoretic technology.

The global flexible display applications market is expected to reach $3,298 million by 2017, at an estimated CAGR of 45.1% from 2012 to 2017 and the shipment of flexible displays in various applications is expected to reach 223.40 million units by 2017. America is the leading region in the overall flexible display market, followed by Europe and APAC. In ROW, Middle East and Africa are the largest contributors.

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