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Company News >> Flexible OLED panel market potential unlimited plastic material force 30th,June,2017
                                              Although the flexible screen in the smart phone market is currently only a small part, but the entire industry, including mobile phones, flat panel and TV on the demand for plastic OLED panels will usher in a boom period. According to IDTechEx Research predicts that the flexible OLED screen market this year will create more than 12 billion US dollars in revenue, 2026 market value is expected to reach 57 billion US dollars.
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The growth of the market is driven by the replacement of display materials, and there are already a few mobile panel products in transition from glass substrates to plastic materials, such as polyamide materials. Flexible substrate products have now begun to attack the market, such as Galaxy S7 Edge and Apple Watch.
Mobile phones are expected to continue to be the biggest driver of the growth of the display market, flat and notebook products are also expected to play an important role in 2020. The latest flexible OLED panels are lighter and thinner than the glass-based panels in the past, so manufacturers can develop lighter, more beautiful devices and reserve more space for battery capacity. And when the technology is mature, the automotive industry is also expected in the future this year, the use of OLED display.
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In addition, IDTechEx also predicted that with the development of research and development technology, the future will likely create a truly flexible, foldable mobile devices, in fact, there are already a lot of folding device prototype exposure, such as the recent exposure of the OPPO foldable Mobile phone prototypes, and Samsung's flexible flexible screen.
It is worth noting that this forecast is the background of Samsung Display and LG Display volume of major OLED display manufacturers announced the further investment in OLED product line, expand production capacity. Samsung Samsung plans to invest more than $ 3 billion between 2015 and 2017 to open up new product lines, while LG Display has invested $ 9 billion in new plants.

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