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Global Markets, Technologies And Applications For Flexible Displays

Blaze Display Technology Co., Ltd. | Updated: Aug 08, 2017

The global market for flexible displays reached $1.7 billion in 2016. The market should reach $3.1 billion in 2017 and $12.6 billion by 2022, growing at a compound annual growth rate (CAGR) of 32.4% from 2017 to 2022.

The flexible OLED display technology market reached $965 million in 2016. The market should reach $2.1 billion in 2017 and $8.8 billion by 2022 growing at a CAGR of 33.7% from 2017 to 2022.
• The electrophoretic display (EPD) technology market reached $527 million in 2016. The market should reach $739 million in 2017 and $2.5 billion by 2022 growing at a CAGR of 27.9% from 2017 to 2022. 

Chapter 1: Introduction
Flexible displays have multiple meanings. Classically, a flexible display is a display whose form can be temporarily altered without affecting its functioning. In simpler words, flexible displays can be bent, rolled, and twisted without damage. For this report, we consider curved displays also as flexible, as they constitute an important milestone in departure from flat panel displays towards achieving full flexibility.

What is flexibility?
Flexibility is freedom. Flexible displays, in an ideal sense, are free in every connotation of the word. By all admissions, we are quite far from achieving this lofty ideal.

The display industry is an offshoot of the larger semiconductor device industry. It is characterized by major manufacturers making intense investments in their display lines and amortizing this investment over a finite number of years. The outlay runs into billions and no display manufacturer would risk setting up a unit unless there is a definitive assurance for yield. 

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