Flexible Display Market Is Projected To Grow At the Highest CAGR during 2017-2022

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MarketsandMarkets Presents

Flexible Display Market Is Projected To Grow At
the Highest CAGR during 2017-2022 Flexible
Display Market by Application (Smartphone,
Smartwatch, Wearable, TV, Digital Signage, PC
Monitor, E-reader, Electronic Shelf Label, and
Automotive), Technology (OLED, Quantum Dots, LED,
E-Paper), Panel Size, and Geography - Global
Forecast to 2022 https//www.marketsandmarkets.c
om/PressReleases/flexible-display.asp
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According to the market research
report, "Flexible Display Market by Application
(Smartphone, Smartwatch, Wearable, TV, Digital
Signage, PC Monitor, E-reader, Electronic Shelf
Label, and Automotive), Technology (OLED, Quantum
Dots, LED, E-Paper), Panel Size, and Geography -
Global Forecast to 2022", the market is projected
to grow from USD 2.7 billion in 2016 to USD 15.1
billion by 2022, at a CAGR of 34.4 between 2017
and 2022. Growth of this market is driven
majorly by a technological shift, the development
of energy-efficient, attractive,
high-specification products, and the rising
demand for smartphones, smartwatches, wearables,
televisions, PC monitors, and laptops.
Browse 62 market data Tables and 51 Figures
spread through 171 Pages and in-depth TOC on
"Flexible Display Market - Global Forecast to
2022"
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The smartphones and tablets segment accounted
for the largest share of the flexible display
market in 2016 The smartphones and tablets
segment accounted for the largest share of the
market in 2016. Smartphones have LED-LCD and
OLED-variantbased display panels, and tablets
are extended forms of smartphones and are
equipped majorly with LED-LCD display panels.
Various smartphone and laptop manufacturing and
supplying companies have entered the tablet
market due to the high demand in the consumer
market. The use of flexible displays in
smartphones and tablets makes these more durable,
as they offer stylish designs and better
ergonomics to operate these devices. The market
for smartphones and tablets is growing
significantly, owing to the increasing demand for
hand-held devices around the world. This trend is
expected to continue during the forecast period.
Ask PDF Brochure https//www.marketsandmarkets.
com/pdfdownloadNew.asp?id788 The OLED
technology segment is projected to grow at the
highest CAGR during the forecast period The
Organic Light-emitting Diode (OLED) technology
segment is expected to grow at the highest CAGR
between 2017 and 2022. OLED is a display
technology used in various devices, including
smartphones, tablets, laptops, smartwatches, and
wearables. For example, OLEDs are used in mobile
phones, digital cameras, VR headsets, tablets,
laptops, and televisions. OLED has the potential
to revolutionize the future of display as it is
made of carbon and offers various advantages,
such as low power consumption, fast response
time, and flexibility.
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North America accounted for the largest share of
the market for flexible display in 2016 North
America accounted for the largest share of the
market in 2016, followed by the Asia Pacific and
Europe. The US accounted for the largest share of
the market in North America in 2016. Flexible
displays are used majorly in smartphones,
tablets, smartwatches, and wearables. Leading
companies offering devices and components include
Apple, Inc. (US) and Corning Incorporated (US),
which are based in North America, and this factor
has helped the growth of the flexible display
market in the region. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id788 Major players operating in
the flexible display market include Samsung
Display Co. Ltd. (South Korea), LG Display Co.,
Ltd. (South Korea), Japan Display, Inc. (Japan),
and BOE Technology Group Co., Ltd. (China), among
others.
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