Global flexible display market estimated to be worth US$3.89 bln by 2020

28-Mar-14

The global flexible display market is expected to cross US$3.89 bln by 2020, growing at a high CAGR from 2014 to 2020, as per MarketsandMarkets. The last decade has witnessed a well-paced transformation in the Flexible Display Technology Market. Displays have evolved from CRT to plasma display (PDP) and from PDP to LCD, LED. The latest display type is OLED. In the coming quarter of 2014, the flexible display Smart phones are expected to hit the market with tablets to follow soon after. Laptops and TVs are also expected to follow the trend of smart phones and tablets while OLED based televisions have also been following the same trend, by electronics manufacturing giants Samsung and LG. All these developments have created demand for better and more stable materials to be used in these displays. The use of IGZO (Indium gallium Zinc oxide) and photonic crystals are the examples of the stable materials that are used in the above mentioned displays. The characteristics and features of some emerging displays are flexible, roll able and bendable displays. They are acting as the biggest drivers in the dielectric materials market. This emerging display market possesses some of the unique, distinct features such as sleekness, reliability/flexibility, and ruggedness; and thus, these displays can be utilized in most of the industries. APAC contributes more in terms of Flexible Display Market when compared to the other geographies. The demand for the display materials is mainly from APAC region in addition to this most of the demand also comes, from China and Japan. The major companies in display materials market are Atmel Corporation (U.S.), AU Optronics (Taiwan), Corning Inc. (U.S.), Delta Electronics (Taiwan), DuPont Display (U.S.), E-Ink Holdings (Taiwan), Flexible display Center (U.S.), HP Company, Kent Displays, Inc. (U.S.), LG Displays (South Korea), NanoLumes (U.S.), Nokia (Finland), Philips Electronics (the Netherlands), Polymer Vision (the Netherlands ), Samsung (South Korea), SiPix Imaging (U.S.), Sony Corporation (Japan), Universal Display Corporation (U.S.), Visionox (China) and Plastic Logic Ltd. (U.K.).