Flexible Organic Light Emitting Diode Market Segmentation and Opportunities: In-Depth Market Research
The global flexible Organic Light Emitting Diode (OLED) market size reached USD 4.48 Billion in 2021 and is expected to register a revenue CAGR of 41.2% during the forecast period, according to latest analysis by Emergen Research. Rapid growth of smartphone industry and increasing need to reduce thickness of display are expected to support market revenue growth between 2022 and 2030. Additionally, increasing need for fast response time to the user will drive revenue growth of market. Increasing development of material science and technology has led to development of several flexible display devices. Rising use of flexible OLED technology in e-papers, electronic posters and labels, smart devices, and televisions are expected to drive market revenue growth during the forecast period. Increasing urbanization and rising disposable incomes have also resulted in a rapid increase in adoption of high-end televisions, wearables, and smartphones. Furthermore, devices with flexible OLED tak...