Persistence Market Research is released new forthcoming report on title "Flexible OLED Market: Global Industry Analysis and Forecast to 2020".

New York, NY -- (SBWire) -- 12/09/2014 --Flexible OLED (Organic Light Emitting Diode) enables 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). The replacement of glass with PET also reduces weight of the device. Flexible OLED market is in the nascent phase; however it is expected to skyrocket in the near future owing to the fast growth of electronics industry. OLEDs also find their application in the production of electronic paper or bendable displays that can be integrated into clothing, wallpaper or other curved surfaces.

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The key drivers of flexible OLED market includes technological up-gradation by several industries and growing per capita income which is encouraging customers to buy electronic products with flexible display. The continuous research and development activities in the domain of flexible OLED market hold opportunity for the expansion of this market.

There are few limitations associated with the flexible OLEDs such as stress introduced into the organic layers may lower the efficiency or brightness of the device as it is deformed, or cause complete breakdown of the device altogether. Encapsulation is another challenge for flexible OLED devices. Flexible encapsulation methods are generally not as effective a barrier to air and moisture as glass; however research and development in this area are being done to improve the encapsulation of flexible organic light emitting diodes.

Based on application, flexible OLEDs can be segmented into mobile phones, tablets and notebooks, Televisions, automotive and aerospace, wearable electronics, industrial, micro-displays and others. The automotive and aerospace application segment followed by televisions is growing at fastest pace. Amazon, the e-commerce company has been making extensive use of flexible OLEDs in his e-paper products. Among wearable electronics, flexible OLEDs are growing has a huge opportunity in the space of smart watches and fitness bands which uses flexible OLEDs of below 2 inches.

Based on materials use flexible OLED market can be segmented into Crystalline and Amorphous and Solution-Castable Amorphous. Crystalline flexible OLEDs can be further segmented into three categories namely PET, Polyethylene Naphthalate (PEN) and Poly-Ether-Ether Ketone (PEEK). Amorphous and Solution-Castable Amorphous can be segmented into two categories namely Polycarbonate and Polyethersulphone. Based on technology, flexible OLED market can be segmented into five categories namely PM OLED, P-OLED, PH OLED, AM OLED and SM OLED.

One of the major restraints for the flexible OLED market is in the form of manufacturing challenges due to increasing skilled labor market and complex manufacturing process. Existing glass display is another restraint for the flexible OLED market which has a high demand due to relatively lower price.

North America dominates the global sales of flexible OLED market, followed by Europe. The Asia Pacific market is also witnessing a fast growth. The major companies in flexible OLED market include Atmel Corporation, Sony Corporation, Dupont Display, Delta Electronics, Nokia, Philips Electronics, Hewlett-Packard Company, Corning Inc., Delta Electronics Inc. and Plastic Logic Inc. The majority of flexible OLED companies are based in U.S. and Taiwan.

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Key points covered in the report:

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2) The report covers geographic segmentation

North America
Europe
Asia
RoW

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.

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