Press release
2024 Global Market Trends for Flexible OLED Display Technology
Flexible OLED Displays Market Size
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Report Coverage & Details:
• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $14.37 billion
• Revenue Forecast In 2033: $35.38 billion
• CAGR: 25.3%
Global Flexible OLED Displays Market: Segmentation
The flexible oled displays market covered in this report is segmented -
1) By Display Type: Organic Light-Emitting Diode (OLED), Liquid Crystal Display (LCD), Electronic Paper Display (EPD)
2) By Flexibility Type: Curved Display, Foldable Display
3) By Application: Lighting, Smart Phones, Television, Monitor, Other Applications
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Flexible OLED Displays Market Report: Growth Drivers
The growth in smartphone adoption is expected to boost the flexible OLED displays market in the future. A smartphone combines traditional mobile phone functions with the capabilities of a compact computer. Flexible OLED displays are utilized in smartphones to support innovative designs, bendable shapes, and enhanced durability, creating a more versatile and user-friendly experience. For instance, in February 2023, Uswitch Limited, a UK financial conduct authority, reported that from 2022, there were 71.8 million mobile connections in the UK, marking a 3.8% (approximately 2.6 million) increase from 2021. Additionally, the UK population is projected to reach 68.3 million by 2025, with an estimated 95% (around 65 million individuals) expected to own a smartphone. Consequently, the increase in smartphone adoption is driving the growth of the flexible OLED displays market.
Key Developments:
Samsung Electronics Strengthens Flexible OLED Innovation With Acquisition Of Cynora Gmbh
In June 2022, Samsung Electronics Co. Ltd., a South Korea-based electronics company, acquired Cynora GmbH for approximately $300 million. The acquisition allows Samsung Electronics Co. Ltd. to enhance its emphasis on bringing high-efficiency blue-emitting material, a coveted substance among OLED display manufacturers, to the market. The primary goal of this acquisition is to secure access to Cynora's advanced flexible OLED display technology, encompassing the sought-after high-efficiency blue-emitting material. Cynora GmbH is a Germany-based manufacturer of flexible OLED displays.
Top Market Leader Included:
Samsung Electronics, Sony Group corporation, Panasonic Corporation, BOE Technology, Sharp Corporation, LG Dispaly, Koninklijke Philips N.V., Corning Inc, AU Optronics, Innolux Corporation, Konica Minolta Inc., Osram Licht AG, Tianma Microelectronics Co. Ltd., Acuity Brands Lighting Inc., Mouser Electronics, Japan Display Inc., Visionox Company, E Ink Holdings Inc., Hannstar Display Corporation, Royole Corporation, Chunghwa Picture Tubes Ltd, Ritek Corporation, Universal Display Corporation, Ritdisplay Corporation, EverDisplay Optronics (EDO), 4D Systems, Raystar Optronics, JOLED Inc., Digilent Inc
Flexible OLED Displays Industry: Regional Landscape
Asia-Pacific was the largest region in the flexible OLED displays market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flexible oled displays market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the flexible OLED display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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What Does The Global Flexible OLED Displays Market Report Include?
1.Introduction
• Overview of the Flexible OLED Displays Market
• Comprehensive Analysis of Flexible OLED Displays Market
2. Flexible OLED Displays Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. Flexible OLED Displays Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel
4. Competitive Landscape And Company Profiles In The Flexible OLED Displays Market
• Overview
• Products and Services
• Strategy
5. Flexible OLED Displays Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In Flexible OLED Displays Market
• Technological Advancements
• Emerging Trends
7. Flexible OLED Displays Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
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