| Product Code: ETC4454245 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India flexible display market import shipment demonstrated a robust compound annual growth rate of 23.7% from 2020 to 2024. In the last year, the growth rate slightly decreased to 14.4%, indicating a moderate slowdown in expansion. Overall, the market maintained strong growth momentum during the period, albeit at a slightly reduced pace in the most recent year.
The flexible display market in India represents a significant technological advancement, allowing for displays to be bent, rolled, and folded. This innovation has applications in smartphones, wearables, and various other consumer electronics, offering enhanced durability and design possibilities. As manufacturers continue to push the boundaries of flexible display technology, this market is expected to evolve and expand.
The India flexible display market is being driven by the development of innovative form factors and lightweight, flexible screens for applications in smartphones, wearables, and automotive displays. The demand for foldable and rollable displays is growing, offering a unique user experience. Moreover, as manufacturers focus on producing energy-efficient and durable flexible displays, they are gaining traction in various industries, including mobile technology and automotive.
The India flexible display market faces hurdles primarily related to technology development and market adoption. Flexible displays represent a significant departure from traditional rigid displays, and as such, challenges in manufacturing processes, materials, and durability need to be addressed. Achieving the right balance between flexibility, durability, and image quality is a critical challenge. Moreover, the market faces issues with scaling up production and reducing manufacturing costs to make flexible displays more accessible to a broader range of applications. The market`s success is also contingent on educating consumers and industries about the advantages and applications of flexible displays, as the technology is still relatively new and not widely understood.
The COVID-19 pandemic had mixed effects on the India flexible display market. While the initial disruption in the supply chain impacted the production of flexible displays, the market experienced increased interest in flexible display technologies as people shifted towards remote work and online education. This fueled the demand for flexible displays in laptops, tablets, and e-readers. Additionally, the healthcare sector saw applications in flexible displays for wearable health monitoring devices. On the downside, the smartphone market, a significant segment for flexible displays, faced a slump due to reduced consumer spending. As the situation stabilized, the India flexible display market rebounded, driven by innovative applications and growing consumer interest in flexible and foldable devices.
The flexible display market in India is emerging, with key players contributing to the development of flexible and bendable display technology. Samsung, a global leader, has been at the forefront of flexible OLED displays with its Galaxy Z Fold and Flip series. LG Display is another major player, offering flexible OLED screens for various applications. BOE Technology Group, a leading Chinese display manufacturer, has been expanding its presence in the India market, providing flexible display solutions for smartphones and other devices. These companies are driving innovation in flexible display technology, opening up new possibilities in product design and user experiences.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Flexible Display Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Flexible Display Market Revenues & Volume, 2021 & 2031F |
3.3 India Flexible Display Market - Industry Life Cycle |
3.4 India Flexible Display Market - Porter's Five Forces |
3.5 India Flexible Display Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Flexible Display Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India Flexible Display Market Revenues & Volume Share, By Panel Size, 2021 & 2031F |
3.8 India Flexible Display Market Revenues & Volume Share, By Substrate Material, 2021 & 2031F |
4 India Flexible Display Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smartphones and tablets in India, driving the need for flexible displays in these devices. |
4.2.2 Technological advancements leading to the development of more flexible and durable display technologies. |
4.2.3 Growing adoption of flexible displays in emerging applications such as wearables, automotive displays, and smart home devices. |
4.3 Market Restraints |
4.3.1 High manufacturing costs associated with flexible display technologies, limiting their widespread adoption. |
4.3.2 Lack of standardized manufacturing processes for flexible displays, leading to production challenges and inconsistencies. |
4.3.3 Limited scalability of flexible display production, hindering mass production and cost reduction. |
5 India Flexible Display Market Trends |
6 India Flexible Display Market, By Types |
6.1 India Flexible Display Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Flexible Display Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Flexible Display Market Revenues & Volume, By Smartphone & Tablet, 2021-2031F |
6.1.4 India Flexible Display Market Revenues & Volume, By Smartwatches & Wearables, 2021-2031F |
6.1.5 India Flexible Display Market Revenues & Volume, By Television & Digital Signage Systems, 2021-2031F |
6.1.6 India Flexible Display Market Revenues & Volume, By PC Monitors & Laptops, 2021-2031F |
6.1.7 India Flexible Display Market Revenues & Volume, By E-reader, 2021-2031F |
6.1.8 India Flexible Display Market Revenues & Volume, By Electronic Shelf Labels (ESLS), 2021-2031F |
6.1.9 India Flexible Display Market Revenues & Volume, By Smart Home Appliances, 2021-2031F |
6.1.10 India Flexible Display Market Revenues & Volume, By Smart Home Appliances, 2021-2031F |
6.2 India Flexible Display Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Flexible Display Market Revenues & Volume, By OLED Display, 2021-2031F |
6.2.3 India Flexible Display Market Revenues & Volume, By E-paper Display, 2021-2031F |
6.2.4 India Flexible Display Market Revenues & Volume, By Quantum dot LED Display, 2021-2031F |
6.2.5 India Flexible Display Market Revenues & Volume, By LED-Backlit LCD, 2021-2031F |
6.3 India Flexible Display Market, By Panel Size |
6.3.1 Overview and Analysis |
6.3.2 India Flexible Display Market Revenues & Volume, By Up to 6??, 2021-2031F |
6.3.3 India Flexible Display Market Revenues & Volume, By Above 50??, 2021-2031F |
6.3.4 India Flexible Display Market Revenues & Volume, By 20-50??, 2021-2031F |
6.3.5 India Flexible Display Market Revenues & Volume, By 6-20??, 2021-2031F |
6.4 India Flexible Display Market, By Substrate Material |
6.4.1 Overview and Analysis |
6.4.2 India Flexible Display Market Revenues & Volume, By Glass, 2021-2031F |
6.4.3 India Flexible Display Market Revenues & Volume, By Plastic, 2021-2031F |
6.4.4 India Flexible Display Market Revenues & Volume, By Others, 2021-2031F |
7 India Flexible Display Market Import-Export Trade Statistics |
7.1 India Flexible Display Market Export to Major Countries |
7.2 India Flexible Display Market Imports from Major Countries |
8 India Flexible Display Market Key Performance Indicators |
8.1 Average selling price (ASP) of flexible displays in India. |
8.2 Adoption rate of flexible displays in new applications beyond smartphones and tablets. |
8.3 RD investment in flexible display technologies by key players in the Indian market. |
9 India Flexible Display Market - Opportunity Assessment |
9.1 India Flexible Display Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Flexible Display Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India Flexible Display Market Opportunity Assessment, By Panel Size, 2021 & 2031F |
9.4 India Flexible Display Market Opportunity Assessment, By Substrate Material, 2021 & 2031F |
10 India Flexible Display Market - Competitive Landscape |
10.1 India Flexible Display Market Revenue Share, By Companies, 2024 |
10.2 India Flexible Display Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |