Dublin, Oct. 16, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/gk3wvz/global_flexible) has announced the addition of the "Global Flexible Displays Market 2012-2016" report to their offering.
Analysts forecast the Global Flexible Displays market to grow at a CAGR of 45.4 percent over the period 2012-2016. One of the key factors contributing to this market growth is the high demand for flexible displays in smartphones and tablet computers. The Global Flexible Displays market has also been witnessing the rapid technological advancement. However, lack of technology standards could pose a challenge to the growth of this market.
Key vendors dominating this space include E Ink Holdings Inc., Samsung, LG Display Co. Ltd., and Sony Corp.
Other vendors mentioned in the report are DuPont Displays, Kent Displays, Inc., Nokia Corp., Philips Electronics, Plastic Logic Ltd. and Universal Display Corp.
Commenting on the report, an analyst from the engineering team said: ''One of the major trends in the Global Flexible Displays market is the rapid technological advancement which has increased the flexible display applications in various segments. Furthermore, flexible display vendors are able to deliver high-quality output to their customers. The rate of change and technological advancement in the Global Flexible Displays market is very fast. This trend has led toward the development of advanced and highly accurate flexible displays. With this rapid pace in technological advancement, the end-users can experience a smartphone or tablet computer as a magazine.''
According to the report, the major growth driver is the high demand for flexible displays in smartphones. Companies such as Samsung, LG, and Nokia have invested heavily in R and D activities and are working toward the development of smartphones with flexible displays.
For more information visit http://www.researchandmarkets.com/research/gk3wvz/global_flexible
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Source:Research and Markets