Global Flexible Display Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Flexible displays are the advanced version of the displays that are fully bendable and rely largely on existing display technology called as an AMOLED (active matrix organic light emitting diode) or OLED (organic light emitting diode) screen. These are mounted onto a non-rigid, flexible substrate.

The factors that are playing a major role in the growth of market are these are unbreakable, ultra-thin, shatter-proof, light-weight, bendable, requires low energy, and portable. Flexible Display Market is segmented based on technology, panel size, applications, and region. Technology such as Electronic Paper Display (EPD), Liquid Crystal Display (LCD), Organic Light Emitting Diode (OLED), E-Paper Display, and others classify Flexible Display Industry.

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Manufacturers in products like laptops, smartphones, desktop monitors, smart watches, digital signage systems, wearables, and televisions estimate organic Light Emitting Diode (OLED) segment to grow at fastest pace in the upcoming years as rising use. Panel size such as above 50", 20 –50", 6–20", and Up to 6" classify Flexible Display Market. The panel size 6–20" segment accounts the largest market share of Flexible Display industry and is estimated to lead the overall market in the years to come. The reason being, predominantly used in digital signage systems, smartphones, laptops, and terminal monitors.

Applications into Smart Home Appliances, Smartphones and Tablets, Vehicle and Public Transport, Smartwatches and Wearables, Electronic Shelf Labels (ESLs), Televisions and Digital Signage Systems, E-readers, and PC Monitors and Laptops classify Flexible Display Market. Smartphones segment accounts for the largest market share and is estimated to remain dominant in the years to come. The reason being, rising demand for smartphones with curved screens. Flexible Display Industry is segmented geographically into Americas (North America, Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.

Globally, North America accounts for the largest market share of Flexible Display Market and is estimated to lead the overall market in the years to come. The reason being, high demand from commercial sectors, consumer goods, and automotive sectors. Europe and the Asia Pacific follow the suit. On the other hand, Asia Pacific is estimated to grow at fastest pace in the years to come.

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The reason being, the presence of key panel manufacturers in the region. The key players of Flexible Display Market are Samsung Display, LG Display, AU Optronics, Visionox, BOE Technology Group, Universal Display Corporation, EverDisplay Optronics (EDO), RiTdisplay, and E Ink Holdings. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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