Flexible Display Shipments Will Increase to 643 Million Units Annually by 2022, According to Tractica

OLED, E-Paper, LCD, and LED Technologies to Have an Increasing Impact on
Phones and Tablets, Wearables, Shelving Labels, Smart Cards, and Myriad
Other Product Types

BOULDER, Colo.–(BUSINESS WIRE)–#display–In a flexible display, the backplane, frontplane, and any encapsulants
are all made from flexible materials. To date, such displays have been
used primarily because they are thinner, lighter, and more durable than
comparable rigid displays, and to a lesser extent because they are
conformable to rigid but non-flat surfaces in devices such as mobile
phone handsets, automobile dashboards, and appliance control panels.

In 2017, key flexible display components achieved cost and performance
parity with their rigid counterparts for the first time, thus removing a
key market barrier and opening the door to rapid adoption in a variety
of otherwise-rigid devices such as e-readers and wearables. Such
displays may also be incorporated into truly flexible devices such as
credit cards, shelving labels, and smart signage, and in the near future
they may form the basis of rollable and foldable devices that define
entirely new market categories.

According to a new report from Tractica,
the four leading technologies in flexible displays are LED, LCD, OLED,
and e-paper, and the main applications for these technologies are phones
and tablets, wearables, shelving labels, signage, automotive dashboards,
appliance control panels, TV and video displays, smart cards, e-writers,
and e-readers. The market intelligence firm forecasts that flexible
display shipments will increase from 169.9 million units in 2017 to
642.6 million units annually by 2022.

“The effect of flexible and conformable displays will be
transformational,” says senior analyst Wil McCarthy. “They will
literally change the appearance and function of our personal devices,
our vehicles, our homes, and the built environment.”

Tractica’s report, “Flexible
Displays”, examines the market trends and technology issues
surrounding flexible displays and presents 6-year market forecasts,
segmented by world region, for flexible display unit shipments, square
meters, device pricing and revenue, and software applications during the
period from 2017 through 2022. Flexible display applications are
analyzed in depth, and the report also includes detailed profiles of 13
key industry players. An Executive Summary of the report is available
for free download on the firm’s website.

About Tractica

Tractica is a market intelligence firm that focuses on human interaction
with technology. Tractica’s global market research and consulting
services combine qualitative and quantitative research methodologies to
provide a comprehensive view of the emerging market opportunities
surrounding Artificial Intelligence, Robotics, User Interface
Technologies, Wearable Devices, and Digital Health. For more
information, visit www.tractica.com
or call +1.303.248.3000.

Contacts

Tractica
Clint Wheelock, +1.303.248.3000
[email protected]