The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Flexible Display Global Market Report 2023, The global flexible display market is expected to grow from $14.53 billion in 2022 to $19.77 billion in 2023 at a compound annual growth rate (CAGR) of 36.1%. The flexible display market size is expected to grow to $62.2 billion in 2027 at a CAGR of 33.2%.

North America was the largest region in the flexible display market in 2022.

Flexible Display Market Driver
Rising demand for OLED-based products is projected to boost the flexible display industry forward in the coming years. An OLED is an organic electroluminescent (organic EL) diode, which is a light-emitting diode with an emissive electroluminescent layer that provides good picture quality. OLED displays are used in the majority of flexible displays because they provide greater picture quality even when the screen is bent and twisted. According to the Retailers organisation of India (RAI), an Indian retail trade organisation, consumer electronics and appliance sales increased by 23.5 percent in the third quarter of 2021 compared to the same time in 2020 in 2021.As a result, the growing use of OLED displays in devices such as smartphones and televisions is propelling the flexible display market forward.

View More On The Flexible Display Market Report 2023 – https://www.thebusinessresearchcompany.com/report/flexible-display-global-market-report

Key Flexible Display Market Segments
The global flexible display market is segmented –
1) By Display Type: OLED (Organic Light-Emitting Diodes), LCD (Liquid-Crystal Display), EPD (Electronic Paper Display), Other Display Types
2) By Substrate Material: Glass, Plastic, Others Substrate Types
3) By Form Factor: Curved Display, Bendable and Foldable Display, Rollable Display
4) By Application: Smartphone and Tablet, Smartwatches and Wearables, Television and Digital Signage Systems, PC Monitors and Laptops, E-reader, Electronic Shelf Labels (ESLS), Vehicles and Public Transports, Other Applications

Flexible Display Market Prominent Players
Major players in the flexible display market are BOE Technology Group Co., LG Display Co.Ltd., Royole Corporation, Samsung Electronics Co. Ltd., Japan Display Inc., AU Optronics Corp., Innolux Corporation, Corning Incorporated, Sharp Corporation, Visionox Company, E Ink Holdings Inc., and Koninklijke Philips N.V.

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Prominent Flexible Display Market Trend
In the flexible display industry, technological developments have emerged as a prominent trend that is gaining traction. To strengthen their market position, major businesses in the flexible display industry are focusing on technological developments. For example, in January 2022, Samsung Electronics, a South Korean maker of smartphones, laptops, and televisions, introduced new displays in their new Lifestyle Television models, notably MicroLed and Neo QLED. The TV can manage its illumination and improve the brightness and precision of all shapes on the screen thanks to the Neo Quantum Processor. Cloud gaming, on-screen multitasking, and a slew of cutting-edge personalised features are included.

The Flexible Display Global Market Report 2023  provides comprehensive insights on the flexible display market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the flexible display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Flexible Electronics Global Market Report 2023
Flexible Paper Packaging Global Market Report 2023
Display Calibration Management Tools Global Market Report 2023

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