Flexible Display Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for flexible displays. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Flexible Display Market Size (2024E): USD 6.8 Billion
Projected Market Value (2031F): USD 12.3 Billion
Global Market Growth Rate (CAGR 2024 to 2031): 8.9%

Flexible Display Market - Report Scope:

Flexible displays are integral to various electronic devices, including smartphones, tablets, laptops, and wearables. These displays are characterized by their bendable, foldable, and rollable nature, offering enhanced durability and innovative design possibilities. The flexible display market caters to consumer electronics, automotive, healthcare, and other sectors, offering a range of display technologies, including OLED, LCD, and E-paper. Market growth is driven by the increasing demand for advanced, portable, and lightweight electronic devices, rising consumer preference for high-resolution displays, and advancements in display technology.

Market Growth Drivers:

The global flexible display market is propelled by several key factors, including the growing adoption of smartphones and wearable devices, which require flexible and durable display solutions. Technological advancements, such as the development of OLED and micro-LED technologies, offer superior image quality and energy efficiency, fostering market growth. Additionally, the increasing integration of flexible displays in automotive applications, such as dashboards and infotainment systems, and the rising demand for foldable and rollable screens in consumer electronics contribute to market expansion.

Market Restraints:

Despite promising growth prospects, the flexible display market faces challenges related to manufacturing complexities, high production costs, and limited material availability. The intricate manufacturing processes and the need for specialized equipment impose significant cost burdens on manufacturers, affecting market profitability. Furthermore, the limited lifespan and durability concerns associated with certain flexible display materials pose challenges for widespread adoption. Addressing these technical and economic barriers requires continued research and development efforts and collaboration between industry stakeholders.

Market Opportunities:

The flexible display market presents significant growth opportunities driven by technological innovations, expanding application areas, and evolving consumer preferences. The integration of flexible displays in emerging applications, such as augmented reality (AR) and virtual reality (VR) devices, wearable health monitors, and flexible e-paper displays for e-readers, broadens the market scope and stimulates innovation. Strategic partnerships, investment in research and development, and the introduction of cost-effective, high-performance flexible display solutions are essential to capitalize on emerging opportunities and sustain market leadership in the dynamic flexible display landscape.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the flexible display market globally?
Which display technologies and applications are driving flexible display adoption across different sectors?
How are technological advancements reshaping the competitive landscape of the flexible display market?
Who are the key players contributing to the flexible display market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global flexible display market?

Competitive Intelligence and Business Strategy:

Leading players in the global flexible display market, including Samsung Display Co., Ltd., LG Display Co., Ltd., and BOE Technology Group Co., Ltd., focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced flexible display solutions, including foldable OLED panels, rollable screens, and flexible E-paper displays, catering to diverse consumer and industrial needs. Collaborations with electronics manufacturers, automotive companies, and technology providers facilitate market access and promote technology adoption. Moreover, emphasis on sustainability, material innovation, and cost reduction strategies fosters market growth and enhances product offerings in the rapidly evolving flexible display landscape.

Key Companies Profiled:

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 Research 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
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP10804

1. Executive Summary

1.1. Global Flexible Display Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Display Type Lifecycle Analysis
2.4. Flexible Display Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Flexible Display Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Bn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2019-2023
- 3.2.2. Current Market Size Forecast, 2024-2031
3.3. Global Flexible Display Market Outlook: Display Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Display Type, 2019-2023
- 3.3.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Display Type, 2024-2031
  - 3.3.3.1. OLED
  - 3.3.3.2. LCD
  - 3.3.3.3. EPD
  - 3.3.3.4. Other Display Types
3.4. Market Attractiveness Analysis: Display Type
3.5. Global Flexible Display Market Outlook: Substrate Material
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Substrate Material, 2019-2023
- 3.5.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Substrate Material, 2024-2031
  - 3.5.3.1. Glass
  - 3.5.3.2. Plastic
  - 3.5.3.3. Other Substrate Materials
3.6. Market Attractiveness Analysis: Substrate Material
3.7. Global Flexible Display Market Outlook: Application
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Application, 2019-2023
- 3.7.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
  - 3.7.3.1. Smartphones and Tablets
  - 3.7.3.2. Smart Wearables
  - 3.7.3.3. Televisions and Digital Signage
  - 3.7.3.4. Personal Computers and Laptops
  - 3.7.3.5. Other Applications
3.8. Market Attractiveness Analysis: Application

4. Global Flexible Display Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Region, 2019-2023
4.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Region, 2024-2031
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Flexible Display Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 5.3.1. By Country
- 5.3.2. By Display Type
- 5.3.3. By Substrate Material
- 5.3.4. By Application
5.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Display Type, 2024-2031
- 5.5.1. OLED
- 5.5.2. LCD
- 5.5.3. EPD
- 5.5.4. Other Display Types
5.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Substrate Material, 2024-2031
- 5.6.1. Glass
- 5.6.2. Plastic
- 5.6.3. Other Substrate Materials
5.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 5.7.1. Smartphones and Tablets
- 5.7.2. Smart Wearables
- 5.7.3. Televisions and Digital Signage
- 5.7.4. Personal Computers and Laptops
- 5.7.5. Other Applications

6. Europe Flexible Display Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 6.3.1. By Country
- 6.3.2. By Display Type
- 6.3.3. By Substrate Material
- 6.3.4. By Application
6.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkey
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Display Type, 2024-2031
- 6.5.1. OLED
- 6.5.2. LCD
- 6.5.3. EPD
- 6.5.4. Other Display Types
6.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Substrate Material, 2024-2031
- 6.6.1. Glass
- 6.6.2. Plastic
- 6.6.3. Other Substrate Materials
6.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 6.7.1. Smartphones and Tablets
- 6.7.2. Smart Wearables
- 6.7.3. Televisions and Digital Signage
- 6.7.4. Personal Computers and Laptops
- 6.7.5. Other Applications

7. East Asia Flexible Display Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 7.3.1. By Country
- 7.3.2. By Display Type
- 7.3.3. By Substrate Material
- 7.3.4. By Application
7.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Display Type, 2024-2031
- 7.5.1. OLED
- 7.5.2. LCD
- 7.5.3. EPD
- 7.5.4. Other Display Types
7.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Substrate Material, 2024-2031
- 7.6.1. Glass
- 7.6.2. Plastic
- 7.6.3. Other Substrate Materials
7.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 7.7.1. Smartphones and Tablets
- 7.7.2. Smart Wearables
- 7.7.3. Televisions and Digital Signage
- 7.7.4. Personal Computers and Laptops
- 7.7.5. Other Applications
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Flexible Display Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 8.3.1. By Country
- 8.3.2. By Display Type
- 8.3.3. By Substrate Material
- 8.3.4. By Application
8.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Display Type, 2024-2031
- 8.5.1. OLED
- 8.5.2. LCD
- 8.5.3. EPD
- 8.5.4. Other Display Types
8.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Substrate Material, 2024-2031
- 8.6.1. Glass
- 8.6.2. Plastic
- 8.6.3. Other Substrate Materials
8.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 8.7.1. Smartphones and Tablets
- 8.7.2. Smart Wearables
- 8.7.3. Televisions and Digital Signage
- 8.7.4. Personal Computers and Laptops
- 8.7.5. Other Applications

9. Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 9.3.1. By Country
- 9.3.2. By Display Type
- 9.3.3. By Substrate Material
- 9.3.4. By Application
9.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Display Type, 2024-2031
- 9.5.1. OLED
- 9.5.2. LCD
- 9.5.3. EPD
- 9.5.4. Other Display Types
9.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Substrate Material, 2024-2031
- 9.6.1. Glass
- 9.6.2. Plastic
- 9.6.3. Other Substrate Materials
9.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 9.7.1. Smartphones and Tablets
- 9.7.2. Smart Wearables
- 9.7.3. Televisions and Digital Signage
- 9.7.4. Personal Computers and Laptops
- 9.7.5. Other Applications

10. Middle East & Africa Flexible Display Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 10.3.1. By Country
- 10.3.2. By Display Type
- 10.3.3. By Substrate Material
- 10.3.4. By Application
10.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Display Type, 2024-2031
- 10.5.1. OLED
- 10.5.2. LCD
- 10.5.3. EPD
- 10.5.4. Other Display Types
10.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Substrate Material, 2024-2031
- 10.6.1. Glass
- 10.6.2. Plastic
- 10.6.3. Other Substrate Materials
10.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Application, 2024-2031
- 10.7.1. Smartphones and Tablets
- 10.7.2. Smart Wearables
- 10.7.3. Televisions and Digital Signage
- 10.7.4. Personal Computers and Laptops
- 10.7.5. Other Applications

11. Competition Landscape

11.1. Market Share Analysis, 2024
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition LCD
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. LG Display Co. Ltd
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Samsung Electronics Co Ltd
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. ROYOLE Corporation
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. E Ink Holdings
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. BOE Technology Group Co. Ltd
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Guangzhou Oed Technologies Co. Ltd
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. FlexEnable Limited
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Chunghwa Picture Tubes Ltd
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Huawei Technologies Co. Ltd
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Sharp Corporation
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations