LAMEA Flexible Displays Market By Type (OLED and Others) By Application (Smartphone, Smart Wearbles, TV, E-reader, Automotive & Transportation and Others) By Material Type (Plastic, Glass and Others) By Country, Industry Analysis and Forecast, 2019 - 2025
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Market Report Description
The Latin America, Middle East and Africa Flexible Displays Market would witness market growth of 27.3% CAGR during the forecast period (2019-2025).
The major factor driving growth is the increasing proliferation of portable electronic devices. Flexible displays are lightweight, energy-efficient, and shatter-proof, which in turn drives their use for the development of smartphones. Growing consumer electronics sales, such as wearable devices, bendable TVs and foldable laptops, are projected to increase demand for flexible displays over the forecast period. In addition, technological advances in the flexible Organic Light Emitting Diodes (OLED) manufacturing process have increased demand in recent years.
Growing plastic preference as a substrate material can also be attributed to the growing demand for low-cost, flexible substrates, especially in the electronics industry. Glass substrates, on the other hand, have excellent resistance to water vapor and other gases and are therefore durable. Since plastic is susceptible to scratching, creasing and losing color over time, the flexible display industry players are working on developing durable glass substrates.
Based on Type, the market is segmented into OLED and Others. Based on Application, the market is segmented into Smartphone, Smart Wearbles, TV, E-reader, Automotive & Transportation and Others. Based on Material Type, the market is segmented into Plastic, Glass and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LG Display Co., Ltd. (LG Corporation), Samsung Electronics Co., Ltd. (Samsung Group), AU Optronics Corporation, Corning, Inc., Sharp Corporation, Kateeva, Inc., BOE Technology Group Co., Ltd., Royole Corporation, E Ink Holdings, Inc. and Visionox Technology, Inc.
Scope of the Flexible Displays Market Analysis
- Smart Wearbles
- Automotive & Transportation
By Material Type
- Saudi Arabia
- South Africa
- Rest of LAMEA
- LG Display Co., Ltd. (LG Corporation)
- Samsung Electronics Co., Ltd. (Samsung Group)
- AU Optronics Corporation
- Corning, Inc.
- Sharp Corporation
- Kateeva, Inc.
- BOE Technology Group Co., Ltd.
- Royole Corporation
- E Ink Holdings, Inc.
- Visionox Technology, Inc.
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