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Flexible Display Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)- Product Image
Flexible Display Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)- Product Image
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Flexible Display Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 236 Pages
  • December 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 6033705
Description Jump to:
The global flexible display market is poised for substantial growth, increasing from USD 6.78 billion in 2024 to USD 12.51 billion by 2031, at a compound annual growth rate (CAGR) of 9.1%. Flexible displays represent a revolutionary innovation in the electronics industry, offering bendable, foldable, and curved displays that redefine traditional form factors. With advancements in organic light-emitting diode (OLED) technology and the growing demand for innovative consumer electronics, the flexible display market is set to transform user experiences across various applications.

Flexible displays are lightweight, durable, and adaptable, enabling unique designs in foldable smartphones, rollable tablets, and curved TVs. These displays enhance aesthetics and portability while enabling immersive user experiences. Key market insights include:
  • Demand for Flexibility and Innovation: Increasing adoption in smartphones, wearables, and automotive displays drives market growth.
  • Advancements in OLED Technology: Improved resolution, flexibility, and energy efficiency support widespread adoption.
  • Emerging Applications: Augmented reality (AR), virtual reality (VR), and digital signage present promising opportunities.

Market Growth Drivers

Rising Demand for Innovative Consumer Electronics

  • Consumers seek devices with cutting-edge designs, propelling demand for flexible displays in smartphones, smartwatches, and tablets.
  • The competitive consumer electronics market encourages manufacturers to differentiate through innovative form factors.

Advancements in Display Technologies

  • OLED technology enables thinner, lighter, and more vibrant displays that can bend or fold without compromising image quality.
  • Continuous R&D efforts ensure the durability and flexibility of flexible displays, boosting adoption in emerging markets.

Market Restraints

Supply Chain Challenges

  • Complex manufacturing processes and specialized materials create intricate supply chains.
  • Geopolitical tensions and unexpected crises can disrupt production, leading to delays and increased costs.

Complex Manufacturing Processes

  • Precision handling of flexible substrates and organic materials is required, contributing to higher production costs.
  • Scaling production to meet growing demand remains a challenge for manufacturers.

Opportunities

Expanding Applications in Automotive Displays

  • Flexible displays provide innovative solutions for next-generation infotainment systems, instrument clusters, and smart windshields.
  • Manufacturers can create customized displays tailored to automotive requirements, enhancing driving experiences.

Foldable Smartphones and Wearables

  • The trend toward foldable smartphones and portable devices presents a significant market opportunity.
  • Flexible displays in wearables, such as smartwatches and fitness trackers, offer compact and user-friendly designs, aligning with consumer preferences.

Regional Analysis

Europe: Innovation Hub and Market Leader

  • Europe leads the flexible display market due to its focus on research excellence and strong collaboration between academia and industry.
  • Breakthroughs in materials and manufacturing processes position Europe as a global leader in flexible display technologies.

Asia Pacific: Flourishing Consumer Electronics Market

  • South Asia, and Oceania experience rapid growth, driven by expanding middle-class populations and rising disposable incomes.
  • Flexible displays are gaining traction in smartphones, wearables, and other consumer electronic devices.

Competitive Analysis

Prominent players such as LG Display Co. Ltd, Samsung Electronics Co Ltd, and ROYOLE Corporation dominate the market through innovation and strategic collaborations.

Key companies profiled include:

  • LG Display Co. Ltd
  • Samsung Electronics Co Ltd
  • ROYOLE Corporation
  • E Ink Holdings
  • BOE Technology Group Co. Ltd
  • Guangzhou Oed Technologies Co. Ltd
  • FlexEnable Limited
  • Chunghwa Picture Tubes Ltd
  • Huawei Technologies Co. Ltd
  • Sharp Corporation

Flexible Display Market Segmentation

By Display Type

  • OLED
  • LCD
  • EPD
  • Other Display Types

By Substrate Material

  • Glass
  • Plastic
  • Other Substrate Materials

By Application

  • Smartphones and Tablets
  • Smart Wearables
  • Televisions and Digital Signage
  • Personal Computers and Laptops
  • Other Applications

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa


This product will be delivered within 1-3 business days.

Table of Contents

1. Executive Summary
1.1. Global Flexible Display Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Flexible Display Market Outlook, 2019 - 2031
3.1. Global Flexible Display Market Outlook, by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
3.1.1. Key Highlights
3.1.1.1. OLED
3.1.1.2. LCD
3.1.1.3. EPD
3.1.1.4. Other Display Types
3.2. Global Flexible Display Market Outlook, by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
3.2.1. Key Highlights
3.2.1.1. Glass
3.2.1.2. Plastic
3.2.1.3. Other Substrate Materials
3.3. Global Flexible Display Market Outlook, by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
3.3.1. Key Highlights
3.3.1.1. Smartphones and Tablets
3.3.1.2. Smart Wearables
3.3.1.3. Televisions and Digital Signage
3.3.1.4. Personal Computers and Laptops
3.3.1.5. Other Applications
3.4. Global Flexible Display Market Outlook, by Region, Value (US$ Bn) and Volume (Unit), 2019 - 2031
3.4.1. Key Highlights
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Asia Pacific
3.4.1.4. Latin America
3.4.1.5. Middle East & Africa
4. North America Flexible Display Market Outlook, 2019 - 2031
4.1. North America Flexible Display Market Outlook, by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.1.1. Key Highlights
4.1.1.1. OLED
4.1.1.2. LCD
4.1.1.3. EPD
4.1.1.4. Other Display Types
4.2. North America Flexible Display Market Outlook, by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.2.1. Key Highlights
4.2.1.1. Glass
4.2.1.2. Plastic
4.2.1.3. Other Substrate Materials
4.3. North America Flexible Display Market Outlook, by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.3.1. Key Highlights
4.3.1.1. Smartphones and Tablets
4.3.1.2. Smart Wearables
4.3.1.3. Televisions and Digital Signage
4.3.1.4. Personal Computers and Laptops
4.3.1.5. Other Applications
4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Flexible Display Market Outlook, by Country, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.4.1. Key Highlights
4.4.1.1. U.S. Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.4.1.2. U.S. Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.4.1.3. U.S. Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.4.1.4. Canada Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.4.1.5. Canada Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.4.1.6. Canada Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
4.4.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Flexible Display Market Outlook, 2019 - 2031
5.1. Europe Flexible Display Market Outlook, by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.1.1. Key Highlights
5.1.1.1. OLED
5.1.1.2. LCD
5.1.1.3. EPD
5.1.1.4. Other Display Types
5.2. Europe Flexible Display Market Outlook, by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.2.1. Key Highlights
5.2.1.1. Glass
5.2.1.2. Plastic
5.2.1.3. Other Substrate Materials
5.3. Europe Flexible Display Market Outlook, by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.3.1. Key Highlights
5.3.1.1. Smartphones and Tablets
5.3.1.2. Smart Wearables
5.3.1.3. Televisions and Digital Signage
5.3.1.4. Personal Computers and Laptops
5.3.1.5. Other Applications
5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Flexible Display Market Outlook, by Country, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1. Key Highlights
5.4.1.1. Germany Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.2. Germany Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.3. Germany Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.4. U.K. Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.5. U.K. Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.6. U.K. Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.7. France Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.8. France Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.9. France Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.10. Italy Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.11. Italy Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.12. Italy Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.13. Turkey Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.14. Turkey Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.15. Turkey Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.16. Russia Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.17. Russia Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.18. Russia Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.19. Rest of Europe Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.20. Rest of Europe Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.1.21. Rest of Europe Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Flexible Display Market Outlook, 2019 - 2031
6.1. Asia Pacific Flexible Display Market Outlook, by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.1.1. Key Highlights
6.1.1.1. OLED
6.1.1.2. LCD
6.1.1.3. EPD
6.1.1.4. Other Display Types
6.2. Asia Pacific Flexible Display Market Outlook, by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.2.1. Key Highlights
6.2.1.1. Glass
6.2.1.2. Plastic
6.2.1.3. Other Substrate Materials
6.3. Asia Pacific Flexible Display Market Outlook, by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.3.1. Key Highlights
6.3.1.1. Smartphones and Tablets
6.3.1.2. Smart Wearables
6.3.1.3. Televisions and Digital Signage
6.3.1.4. Personal Computers and Laptops
6.3.1.5. Other Applications
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Flexible Display Market Outlook, by Country, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1. Key Highlights
6.4.1.1. China Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.2. China Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.3. China Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.4. Japan Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.5. Japan Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.6. Japan Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.7. South Korea Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.8. South Korea Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.9. South Korea Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.10. India Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.11. India Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.12. India Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.13. Southeast Asia Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.14. Southeast Asia Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.15. Southeast Asia Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.16. Rest of Asia Pacific Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.17. Rest of Asia Pacific Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.1.18. Rest of Asia Pacific Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Flexible Display Market Outlook, 2019 - 2031
7.1. Latin America Flexible Display Market Outlook, by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.1.1. Key Highlights
7.1.1.1. OLED
7.1.1.2. LCD
7.1.1.3. EPD
7.1.1.4. Other Display Types
7.2. Latin America Flexible Display Market Outlook, by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.2.1.1. Glass
7.2.1.2. Plastic
7.2.1.3. Other Substrate Materials
7.3. Latin America Flexible Display Market Outlook, by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.3.1. Key Highlights
7.3.1.1. Smartphones and Tablets
7.3.1.2. Smart Wearables
7.3.1.3. Televisions and Digital Signage
7.3.1.4. Personal Computers and Laptops
7.3.1.5. Other Applications
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Flexible Display Market Outlook, by Country, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1. Key Highlights
7.4.1.1. Brazil Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.2. Brazil Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.3. Brazil Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.4. Mexico Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.5. Mexico Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.6. Mexico Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.7. Argentina Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.8. Argentina Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.9. Argentina Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.10. Rest of Latin America Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.11. Rest of Latin America Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.1.12. Rest of Latin America Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Flexible Display Market Outlook, 2019 - 2031
8.1. Middle East & Africa Flexible Display Market Outlook, by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.1.1. Key Highlights
8.1.1.1. OLED
8.1.1.2. LCD
8.1.1.3. EPD
8.1.1.4. Other Display Types
8.2. Middle East & Africa Flexible Display Market Outlook, by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.2.1. Key Highlights
8.2.1.1. Glass
8.2.1.2. Plastic
8.2.1.3. Other Substrate Materials
8.3. Middle East & Africa Flexible Display Market Outlook, by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.3.1. Key Highlights
8.3.1.1. Smartphones and Tablets
8.3.1.2. Smart Wearables
8.3.1.3. Televisions and Digital Signage
8.3.1.4. Personal Computers and Laptops
8.3.1.5. Other Applications
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Flexible Display Market Outlook, by Country, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1. Key Highlights
8.4.1.1. GCC Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.2. GCC Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.3. GCC Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.4. South Africa Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.5. South Africa Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.6. South Africa Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.7. Egypt Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.8. Egypt Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.9. Egypt Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.10. Rest of Middle East & Africa Flexible Display Market by Display Type, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.11. Rest of Middle East & Africa Flexible Display Market by Substrate Material, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.1.12. Rest of Middle East & Africa Flexible Display Market by Application, Value (US$ Bn) and Volume (Unit), 2019 - 2031
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. By Application vs by Substrate Material Heat map
9.2. Manufacturer vs by Substrate Material Heatmap
9.3. Company Market Share Analysis, 2024
9.4. Competitive Dashboard
9.5. Company Profiles
9.5.1. LG Display Co. Ltd
9.5.1.1. Company Overview
9.5.1.2. Product Portfolio
9.5.1.3. Financial Overview
9.5.1.4. Business Strategies and Development
9.5.2. Samsung Electronics Co Ltd
9.5.3. ROYOLE Corporation
9.5.4. E Ink Holdings
9.5.5. BOE Technology Group Co. Ltd
9.5.6. Guangzhou Oed Technologies Co. Ltd
9.5.7. FlexEnable Limited
9.5.8. Chunghwa Picture Tubes Ltd
9.5.9. Huawei Technologies Co. Ltd
9.5.10. Sharp Corporation
9.5.11. Other Players
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Companies Mentioned

  • LG Display Co. Ltd
  • Samsung Electronics Co Ltd
  • ROYOLE Corporation
  • E Ink Holdings
  • BOE Technology Group Co. Ltd
  • Guangzhou Oed Technologies Co. Ltd
  • FlexEnable Limited
  • Chunghwa Picture Tubes Ltd
  • Huawei Technologies Co. Ltd
  • Sharp Corporation

Methodology

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