Flexible Display Market Report 2023-2028: Research Report, Upcoming Trends, Demand, Regional Analysis and Forecast
The global flexible display market size reached US$ 17.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 81.7 Billion by 2028, exhibiting a growth rate (CAGR) of 28.3% during 2023-2028.
The global flexible display market size reached US$ 17.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 81.7 Billion by 2028, exhibiting a growth rate (CAGR) of 28.3% during 2023-2028.
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Report Description and Highlights
Report Description
Flexible Display Market Trends:
The market is primarily driven by the increasing utilization of flexible displays in consumer electronics.
Besides this, the rising adoption of the organic light-emitting diode (OLED) due to its simplified design,
limited flexibility, and better image quality than conventional light-emitting diodes (LEDs) and liquid
crystal displays (LCDs) is also contributing to the market growth.
Moreover, the leading market players are extensively investing in research and development (R&D)
activities to launch advanced product variants.
They are also filing patents to secure their technology. For instance, Sharp Corporation filed multiple
patents for its flexible displays that can be included in smartphones and gaming devices. This, coupled
with the rising popularity of electronic paper displays (EPDs) among e-readers, is creating a favorable
market outlook across the globe.
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