Flexible OLED Market
polyethylene naphthoate ( PEN ). Amorphous and solution-castable amorphous segment is further sub-segmented as polyethersulphone and polycarbonate . Based on the technology , the flexible OLED market is bifurcated as AM-OLED , SM-OLED , PM OLED , PH OLED , and P-OLED . On the basis of application , the global market is divided as micro-displays , mobile phones , televisions , tablets and notebooks , automotive and aerospace , industrial , wearable electronics , and others . The automotive and aerospace application segment is the leading segment in the global market .
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Global Flexible OLED Market : Growth Factors
Technological advancement is the major driving factor of the global flexible OLED market . Moreover , rising disposal income and growing electronics industries are also impacting the global market growth in a positive way . Changing customer preferences for electronic products with new technology is expected to boost the flexible OLED market in the near future . Huge investment in research and development ( R & D ) by many companies in order to improve the production is also anticipated to impact the global market in a positive way . Conversely , the device may lose its brightness owing to pressure on organic layers . This is expected to restrain the flexible OLED market growth to some extent . Furthermore , encapsulation is also the biggest challenge before the flexible OLED market .