Global flexible OLED display market is anticipated to witness a compound annual growth rate of 42% during the forecast period to reach a total market size of US$1,300.514 million by 2023, increasing from US$158.630 million in 2017.
The global demand for flexible OLED market is majorly driven by higher adoption of these displays across different end-user industries as these are preferred over conventional substitutes available in the market. Flexible OLED displays are more preferred as these provide better compatibility. Also, product innovations and technological advancements in allied verticals is expected to boost the demand for flexible OLED displays over the next five years. In addition to above mentioned driving factors rising disposable income and growing demand for technology-intensive products will further contribute to the additional demand for flexible OLED displays over the forecast period. However, a complication in manufacturing flexible OLED displays is anticipated to hamper the market growth.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global flexible OLED display value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the market.
Passive-matrix (PM) display
Active-matrix (AM) display
Middle East and Africa