Global Flexible Display Market poised to be worth of $3,298 Million by 2017

According to Wikipedia, a flexible display is a display which is flexible in nature; differentiated from the more prevalent traditional flat screen displays used in most electronics devices. Technically speaking, display is an electronic material that sits beneath the glass or plastic cover (the part you actually touch) and is responsible for lighting up your phone. So when we are talking about a flexible display, we’re referring OLED (organic light-emitting diode) layer located beneath flexible materials (like plastic) rather than rigid glass. In the recent years there has been a growing interest from numerous consumer electronics manufacturers to apply this display technology in e-readers, mobile phones and other consumer electronics.

The technology of flexible displays has been around for a while. If you have an Amazon Kindle, or any type of E-Reader, then you already have a version of that type of product or OLED (organic light-emitting display). The OLED function is seen as a more durable, cheaper alternative than the current LCD’s carried in most cell phones today. I would think that based on the success of the E-Reader in the marketplace, producing the same function on a Smartphone, would be logically, the next step. The problem is that although screen technology is available to go now, the lacks of flexible components within a cell phone make it difficult to produce a fully flexible handset.

                           Source: http://www.cellulartopia.com/

Flexible display is a thin, rugged, flexible, and advanced type of display. Past decade had witnessed a rapid transformation in display technology from CRT to plasma display (PDP) and from PDP to LCD, LED. The latest display type is OLED, which is an extended version of LED display. Flexible display technology is the type of display, which can be enabled with LCD and OLED display. In broader way, these displays are still in the prototype phase in most of the applications. However, the flexible e-paper display has gained significant market share in overall “flexible display” market.

The driving factors for this market are distinctive features of flexible display and growing “consumer goods” industry. The hindrances or restraints for this market are competing technologies like OLED, LCD, and design challenges. Since this technology is at novelty stage, there is a wide scope of opportunities for this market. This report also throws light on burning issues and winning imperatives for flexible display market.

                             Source: http://images.dailytech.com/

According to a report published by MarketsandMarkets, the total market for flexible display is expected to reach $3,298 million by 2017, at a CAGR of 45.1% from 2012 to 2017.  At the CES 2006, Philips showed a rollable display prototype whose screen can retain an image for several months without electricity. As of 2007 Philips Polymer Vision expected to launch a 5 inches (130 mm), 320 x 240-pixel resolution rollable display based on E Ink’s electrophoretic technology.

Global flexible display applications’ market is expected to reach $3,298 million by 2017, at an estimated CAGR of 45.1% from 2012 to 2017 and the shipment of flexible display in various applications is expected to reach 223.40 million units by 2017. Americas is the leading region in the overall flexible display market; followed by Europe and APAC. In ROW, Middle East, and Africa are the largest contributors.

The report can be referred here:

http://www.marketsandmarkets.com/Market-Reports/flexible-display-market-788.html