Materials are Deciding the Future of Flexible Technology
Fundamental part of a display that predicts the quality, resolution, reliability and performance of the displays. Currently display industries are being ultra thin and flexible, which are achieved with the help of best industry materials. Over the last five decades, there has been tremendous growth in the display industry, and transforming the perspective of the customer with regards to displays.A few new materials were discovered and have been incorporated by some big players in this industry, and cementing the future of flexible display technology.
Best performance of the display can be assured with the selection of the most efficient and productive materials, and by choosing the most cost-effective materials in order to maintain the price at an affordable levels. Flexible displays have become ubiquitous and will continue to do so in different devices such as smart phones, tablets, laptops, desktops, HDTVs, wearable devices, and so on. Due to major development in technology and easy availability of the materials, flexible display manufacturing is increasing rapidly and is expected to increase exponentially in thefuture. However,the technological advancement is facing problems for the new manufacturers as it takes time for them to understand their workings procedure and implement them in their production process.
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Flexible Display Market |
Asia-Pacific (APAC) and Row are the Emerging Market
North America,APAC and Europe have dominated the display market. However, the ROW region lags far behind its counterparts as far as the display technology is concerned. The display materials market is already considered as a mature market and with the improvement in technology, the flexible display market is going to grow further.
In 2014, North Americas region will be the largest contributor to the flexible display market.But, APAC is going to show a huge growth till 2020, as it is considered as the most favorable market for cell phones, tablets, laptops, and TVs. APAC is the home ground for the markets like smartphone, tablet, laptop, and TV manufacturers, as companies such as Samsung and LG are based in South Korea. Similar players such as Sony Corporation, Sharp Corporation, and Panasonic Corporation are based in Japan, while, Acer Inc. is based in Taiwan. Vendors of these companies are also based in APAC. Countries such as China, Japan, Taiwan, and South Korea are the key countries contributing to the growth oft his market.APAC has successfully emerged with the record of the highest growth rate with regards to many consumer electronic products such as smartphone, tablet, laptop, TV, and so on.
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Economic growth rate in APAC such as China and India are booming, currently; similarly, the economies of Taiwan, Indonesia, Singapore, and Malaysia have shown positive results, of late. Most of the display companies are based in the APAC region. APAC region holds the largest share of the global OLED manufacturing market,which is the one of the best technologiesavailable today with us. The APAC region’s OLED display market accounted for a largechunk of the overall OLED display market share in 2013. Flexible displays in smart phone revenue in APAC are expected to reach the mark of $290 million in 2020, growing at an estimated CAGR of approximately 100.2%, from 2014 to 2020.
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