The major companies in display materials market are Atmel Corporation (U.S.), AU Optronics (Taiwan), Corning Inc. (U.S.), Delta Electronics (Taiwan), DuPont Display (U.S.), E-Ink Holdings (Taiwan), Flexible display Center (U.S.), HP Company, Kent Displays, Inc. (U.S.), LG Displays (South Korea), NanoLumes (U.S.), Nokia (Finland), Philips Electronics (the Netherlands), Polymer Vision (the Netherlands ), Samsung (South Korea), SiPix Imaging (U.S.), Sony Corporation (Japan), Universal Display Corporation (U.S.), Visionox (China) and Plastic Logic Ltd. (U.K.).
The research published on flexible display covers the significantgame-changing materials, components, technologies like LCD, LED, OLED, TFT, flexible, transparent, or 3D. There are several importanttrends which have been driving the technological innovations in the display industry since its early days which, directly or indirectly, are driving the market, currently. These trends include image quality, screen size, portability, power savings, interconnectivity, and user-friendliness. While these trends still remain as strong undercurrents, new drivers are being introduced which will play more prominent role in shaping the flexible display industry.
The Middle East and Africa are the important regions covered under the rest of world segment, though, at the current stage, ROW is not the maincontributor to the overall flexible display market, but in the coming five years, it is projectedthat the market of flexible display and the technology associated with it will grow at a significant pace.
Market by technology – The market by technology includes OLED, LCD, LED-LCD, OLED, LCoS, and the likes. The OLED materials market is expected to grow atthe highest CAGR from 2014 to 2020.
Market by material – The materials used in the fabrication of flexible displays are glass, glass reinforced plastic, polymer and other materials.
Market by application – The application market is segmented into application of materials in smart phones, tablets, laptops, POP/ESL, wearable displays and others.
Market by geography – The report discusses the display materials market under four geographical heads; namely North America, Europe, APAC, and ROW.
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Materials play a pivotal part in the fast-growing flexible display market. The 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.
New technologies that are recently introduced in the market such asOLED, TFT-LCD, LED-LCD, and LCoS are driving the market with full force, and they are expected to grow further. Materialsthat are mainlyusedin the manufacturing of the display panels are indium-tin-oxide (ITO), indium-gallium-zinc-oxide (IGZO), a-silicon, LTPS, PEN, PET, liquid crystals, photonic crystals among the others;wherein,polymers such asPEN and PET are new materials in the market that are used largelyfor making flexible displays.
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According to the study, the new materials mentioned above are the main game-changers for flexible display manufacturers, as they would propel the industry to unbeatable technological excellence.For instance,it can be said thatthese new innovations in the flexible display industry will take time to get settled in the market, but with the time,it will touch the pinnacle of technological innovation and result in market growth.
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