PR97401 

LONDON, Aug. 16, 2022 /PRNewswire=KYODO JBN/ --

With display technology improving for bending radius (BR) and transmittance

(TR), shipments of transformable displays are expected to reach approximately

117.7 million units in 2029 with a 2.7% share of total flat panel display

market according to the latest research from Omdia (

https://omdia.tech.informa.com/products/transformable-display-technology-and-market-report---2022?utm_source=pr&utm_medium=pressrelease&utm_campaign=transfdisptechmkt

).

Photo -

https://mma.prnewswire.com/media/1870947/Transformable_display_unit_forecast_by_display_tech.jpg

Omdia defines transformable display in terms of bending radius and

transmittance, and categorizes as bendable, foldable, rollable, stretchable,

and transparent displays. Foldable display is expected to be the highest

developing form factor up to 2029, due to its rapid expansion through premium

smartphone applications. Foldable display shipments are expected to increase to

107.5 million units in 2029 with a 2.5% share of total flat panel display

market, and the CAGR will be 28.0% from 2022 to 2029.

OLED (Organic Light Emitting Diode) display is expected to be the most

spotlighted technology than any other transformable display. OLED display is

self-emissive and thin structured which can be flexible and transparent and

allows the design of various transformable display such as foldable display.

"During last two decades, most panel makers have demonstrated or launched

various kinds of transformable display. OLED display has proven itself as

multi-functional across transformable display while other display technologies

are quite limited in terms of bending radius and transmittance," said Jerry

Kang, Omdia Research Manager (

https://omdia.tech.informa.com/authors/jerry-kang?utm_source=pr&utm_medium=pressrelease&utm_campaign=transfdisptechmkt

). "LCD (Liquid Crystal Display) continues to dominate the transparent display

market in terms of shipment area, due to its popularity in the showcase and

cooler market where the light source can be easily embedded."

Shipment of transformable displays have increased slowly with limited demand of

special purpose application in products such as foldable smartphones, rollable

TVs, transparent coolers, etc. rather than typical consumer applications such

as smartphones, smartwatches, tablets etc. While this area is not expected to

grow aggressively in the short term, innovative form factors can and have

expanded the usage of display as we have seen in the case of flexible display

which has quickly penetrated the smartphone display market.

About Omdia

Omdia is a leading research and advisory group focused on the technology

industry. With clients operating in over 120 countries, Omdia provides

market-critical data, analysis, advice, and custom consulting.

Contact:

Fasiha Khan / T: +44 7503 666806 / E: fasiha.khan@omdia.com

Visit Omdia (

https://omdia.tech.informa.com/?utm_source=media&utm_medium=pressrelease&utm_campaign=AImarketmaturity

)

SOURCE Omdia