Global Flexible Displays Market to Reach $142.5 Billion by 2030
The global market for Flexible Displays estimated at US$19.6 Billion in the year 2023, is expected to reach US$142.5 Billion by 2030, growing at a CAGR of 32.8% over the analysis period 2023-2030. LED-Backlit LCD, one of the segments analyzed in the report, is expected to record a 32.3% CAGR and reach US$61.7 Billion by the end of the analysis period. Growth in the OLED Display segment is estimated at 34.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.1 Billion, While China is Forecast to Grow at 31.2% CAGR
The Flexible Displays market in the U.S. is estimated at US$6.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$23.3 Billion by the year 2030 trailing a CAGR of 31.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 29.4% and 27.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 22.9% CAGR.
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