Flexible Display Market
The flexible display technology offers various benefits, such as lightweight, flexibility, brightness, less power consumption, and shatter-proof outlook which evolve as the major driving force in the display market. The market for flexible displays is expected to witness a significant growth over the forecast period. The Flexible Display Market has made mammoth strides on account of the presence of many global giants constantly investing in research and development to come up with more cutting-edge products. Such lament companies have not just invested in product development and launches, but also resorted to strategic collaborations, partnerships, and mergers and acquisitions to bolster their positions further.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
The Asia-Pacific flexible display market is expected to show high growth in the future as top display manufacturers, such as Samsung, LG, Sony, AUO, and E Ink Holdings, are based in the region. Asia-Pacific also has the highest growth rate for many consumer products, such as smartphones, tablets, laptops, and TVs because of the presence of key manufacturers like Samsung, LG, Sony, Sharp, Panasonic, and Acer Inc. in the region.
Top winning strategies like from recent product launch, current market trends, and other strategic initiatives are analyzed comprehensively. Estimations are calculated by considering trends of the market in 2016- 2017, and market scenario for analysis period 2016-2024. Top investment pockets are discussed for flexible display application market that gives market attractiveness and growth rate.
North America, which is home to many prominent manufacturers, is a leading region in the Flexible Display Market. Europe which is one of the main markets for semiconductors in the world is closely following North America. The Asia Pacific, powered primarily by China, India, and Japan, is however expected to outpace all others in terms of growth. APAC has approximately 2 billion users of smartphones and, the region is also home to some of the prominent manufacturers of OLED’s. The government of South Korea is encouraging the development of OLED supply chain and is contributing to support universities and research institutes.
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Last Update : Jul 28, 2020
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