Global Flexible OLED Market Analysis and Forecast to 2020
Flexible OLEDs (Organic Light Emitting Diode) enable the device in which it is used to roll or bend while still operating.An OLED emits light due to the presence of thin films of organic semiconductors of thickness approximately 100 nanometers. The regular OLEDs are fabricated on a glass substrate, whereas flexible OLEDs use flexible plastic such as polyethylene terephthalate (PET). Replacement of glass with PET also reduces weight of the device. Though the flexible OLED market is currently at a nascent stage, it is expected to grow rapidlyin the near future owing to rapid growth ofthe electronics industry. OLEDs also find application in the production of electronic-paper or bendable displays that can be integrated into clothing, wallpaper, or other curved surfaces.
Key drivers of the flexible OLED market include technological advancementsin several industries and growing per-capita income, which encourage customers to buy electronic products with flexible display. Continuous research and development activities create opportunities for expansion of the flexible OLED market.
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