Research and Markets - Global Flexible Displays Market 2017-2021 with LG Display & Samsung Display Dominating

DUBLIN, Mar. 31, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Flexible Displays Market 2017-2021" report to their offering.

The global flexible displays market to grow at a CAGR of 35.11% during the period 2017-2021.

Global Flexible Displays Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

High investments and advanced research in the field of OLEDs have led to the creation of transparent active matrix OLED (TAMOLED) and transparent passive matrix OLED (TPMOLED). Since the raw materials for OLEDs are transparent, it is possible to create transparent displays. Small transparent display screens that have a screen size of about 2.4 inches have been commercially existent in the market since 2013. Neoview Kolon and Futaba Corporation used to commercially supply transparent passive matrix OLED (TPMOLED) displays in 2013 (Neoview Kolon, is however shut down due to non-profitability). However, both the companies have now stopped producing these transparent OLEDs, and currently, it is difficult to acquire non-custom transparent OLEDs in the market.

According to the report, technological advances in OLED displays have resulted in a number of OLED patents. In June 2016, Universal Display Corporation acquired BASF's OLED IP portfolio for $96.8 million. In 2016, IGNIS Innovation signed a non-exclusive patent license with LG Display for its circuit technology that would increase the performance of OLED displays. In October 2016, Samsung Electronics patented a technology for foldable smartphones. The US patent No.9,504,145 describes a flexible display device that would house an OLED foldable display with a shatterproof screen. In November 2015, Apple filed for a patent in the US Patent and Trade Office (US PTO) for an OLED display with a built-in fingerprint reader.

Market Dynamics

Drivers and challenges

• Market drivers
• Impact of drivers on key customer segments
• Market challenges
• Impact of challenges on key customer segments

Market trends

• Development of transparent OLED (TOLED) displays
• Technological advances in augmented reality (AR)
• Development of environment-friendly electronic devices

Key vendors

• LG Display
• Samsung Display

Other prominent vendors

• AU Optronics
• BOE Technology Group
• EverDisplay Optronics (EDO)
• E Ink Holdings
• RiTdisplay
• Universal Display Corporation
• Visionox

For more information about this report visit http://www.researchandmarkets.com/research/8x34jh/global_flexible

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SOURCE Research and Markets