OLED or Organic Light Emitting Diode is one of the most advanced technologies that permits the display to be bent, rolled, and folded. An OLED display attains this sort of flexibility by including a flexible substrate below the organic one. OLED displays are preferred over their LCD counterparts as they have lower energy consumption as they operate without a backlight. The demand for flexible displays arises largely from the consumer electronics industry as flexible displays can be used to great effect in smartphones, televisions, wearables, and tablets. Transparency Market Research estimates that the global flexible OLED market should witness an exponential CAGR of 35% from 2017 to 2026.

AMOLED Segment Surges Ahead of PMOLED in Flexible OLED Display Market

The AMOLED segment dominates the flexible OLED display market and is expected to gain substantial share over the course of the forecast period. The AMOLED segment is poised to be worth slightly under US$ 3 billion by the end of 2026, making it an opportunity too large to ignore in the flexible OLED display market. The maximum share is contributed by the APEJ region and this is unlikely to change anytime soon. The PMOLED segment is considerably smaller in comparison. Nonetheless, it is unwise to ignore this segment entirely in favor of the AMOLED segment as PMOLED has a double-digit revenue share in the flexible OLED display market.

flexible oled display market

Curved Displays More Popular than Foldable Displays in Flexible OLED Display Market

The curved display segment holds the lion’s share of the flexible OLED display market by flexibility type but is poised to lose massive share over the period of the study. However, curved displays are predicted to retain their leadership position in the flexible OLED display market. The curved display segment is projected to have a value of more than US$ 180 million in 2017 alone with APEJ comprising the bulk of the market. However, a larger CAGR is projected in the Japan curved display market and companies would do well to take this into account while devising their regional strategies.

Huge Demand in Lighting and Smartphone Segment for Flexible OLED Displays

In terms of application, the lighting and the smartphone segment have a similar revenue share in the flexible OLED display market with the former inching slightly ahead. The lighting segment could create an absolute dollar opportunity of approx. US$ 237 million from the year 2017 to 2026. Along with lighting, companies are recommended to target the smartphone segment with all guns blazing. The proliferation of smartphones as a result of plunging prices is fuelling adoption, particularly in the highly populous APEJ region. OLED displays are preferred over LCD as they offer an extremely high contrast ratio, sharper and clear images, and are more power-efficient in the long run. The APEJ smartphone segment of the flexible OLED display market is larger than that of North America and Europe combined.

Niche Potential in Television and Monitor Segment of Flexible OLED Display Market

The television and monitor segment have a marginal revenue share in the flexible OLED display market with the television segment assessed to grow faster. OLED displays are very expensive to mass-produce on a large scale and the television segment of the flexible OLED display market is on track to have a value of roughly half a billion dollars only by the end of 2026.

Competition Dashboard in the Flexible OLED Display Market

The companies profiled in the report are LG Display, AU Optronics, Samsung Display, CSOT, EverDisplay Optronics (EDO), Japan Display, Visionox, Universal Display, RiTdisplay, and BOE Technology.

As flexible organic light-emitting diode (OLED) displays become more and more affordable, it is likely that new functions will soon be integrated to this technology in the near future. Although curved Flexible OLED displays will be the first to be introduced, patents filed by top manufacturers recently have meant that rollable, bendable, and foldable devices will soon foray into the market. Foldable displays are expected to be preferred on the back of their portability, while catering to consumer demand for large displays. In addition, with surging demand for wearable devices, bendable displays will find huge application in this area, such as in smart watches. Rollable flexible OLED displays are likely to witness use in future televisions that would be developed in tubular form equipped with retractable roll-out display.

Transparency Market Research has collated a new report on the global market for flexible OLED displays, for the forecast period 2017 to 2026. The report offers a detailed market forecast on imperative dynamics that have potential to leave substantial footprints on growth of the market. In addition to the provision of latest trends, curbing factors, and propelling factors affecting the market growth, an evaluation on crucial data regarding different market parameters has been rendered by the report.

Report Structure

The report commences with a chapter titled executive summary, which delivers a précis of the global flexible OLED display market. With regards to sales expansion and revenues from worldwide sales of flexible OLED display, intelligence related to lucrative regions for expansion of the global flexible OLED display market is engulfed in this chapter. A chapter titled overview follows the executive summary, and includes a definition of “flexible OLED display” that trails behind a succinct market introduction. This chapter demonstrably portrays wide scope of global flexible OLED display market. Chapters following the overview explicate key dynamics affecting growth of flexible OLED display market worldwide, while inundating imperative points such as the global economy, bottom line of enterprises, and fiscal stimulus. Some chapters in the report propound information regarding cost structure and pricing analysis of global flexible OLED display market.

Market Taxonomy

The report provides in-depth forecasts on global flexible OLED display market on the basis of a segmentation-wise analysis. Segmenting the global market for flexible OLED display into control scheme, flexibility type, application, and region, the report delivers relevant market numbers derived from year-on-year growth comparison, revenue comparison, and market share comparison. Global market for flexible OLED display has geographically been branched into Europe, Latin America, Asia-Pacific excluding Japan (APEJ), Japan, Middle East & Africa (MEA), and North America.

Region

Control Scheme

Flexibility Type

Application

  • North America
  • PMOLED
  • Curved Display
  • Lighting
  • Latin America
  • AMOLED
  • Foldable Display
  • Smart Phones
  • Europe

 

 

  • Television
  • Japan

 

 

  • Monitor
  • APEJ

 

 

  • Wearables
  • MEA

 

 

  • Others

Competition Landscape

The report offers a diligent research on global flexible OLED display market in its concluding chapter, comprising data pertaining to companies contributing substantially to expansion of the market. The report incorporates an intensity map that tracks occupancy of leading market participants across the regional segments. In addition to emphasis on profiling market participants rigorously, this chapter offers insights on these players based on SWOT analysis, company overview, key developments, key financials, and product overview.

Research Methodology

A robust research methodology that is proven and tested is employed by TMR’s analysts while compiling the global flexible OLED display market report. The research methodology employed depends entirely upon primary & secondary researches, to glean necessary knowledge pertaining to global flexible OLED display market. Data collected is then validated by the analysts a couple of times to ensure the report’s authenticity, making it an authoritative source of reference for report readers.

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