Flexible displays could have a CAGR of over 100% through to 2019

Technavio has published a report on the global flexible display market, which it says is expected to post a CAGR of almost 107% from 2015 to 2019.

The market can be viewed by technology, such as electronic paper displays (EPDs), liquid crystal displays (LCDs) and organic light-emitting diode (OLED) displays, as well as application, including smartphones, tablets, notebooks and TVs.

“Corporations like Apple, Microsoft and Samsung Display are using flexible displays to create products that are wearable and are more integrated with human life. We expect to see demand for this technology increasing rapidly in the coming years,” says Faisal Ghaus, Vice President of Technavio.

“Samsung Display has launched a phone with a curved display; both Sony and Samsung have launched TVs with curved screens, and are now turning their sights to manufacturing TVs with flexible screens.”

E Ink Holdings, LG Display, and Samsung Display are key vendors, Technavio said. The research firm expects the industry to be driven by R&D investment and capacity expansion, but believes that issues with mass production and low adoption rates may offer challenges. Vertically integrated displays are an upcoming trend to watch, Technavio adds.