Evolution in manufacturing brought about a phenomenal change in the way technology is perceived by consumers around the world. In the early 1980s, Eastman Kodak invented the OLED technology that marked the advent of flexible consumer electronics products.

Albany, NY -- (SBWire) -- 09/02/2015 --The global OLED display market is growing at a rapid rate, according to a research report for sale at MRRSE. The report, titled "OLED Display Forecast 2015-2025: The Rise of Plastic and Flexible Displays" reveals the factors that influence the global market patterns of the OLED display.

The report states that the global OLED display market to reach a revenue generation capacity of US$16 billion by 2020.

One of the prime reasons for the growth of the global OLED display market is the heavy demand for OLED display TV panels. The segment is expected to grow at a CAGR of 25% from 2015 to 2025.

Browse Full Report: http://www.mrrse.com/oled-display-forecast

According to the report the global OLED display market is currently in a heavy developmental state. Three such instances explained in the report are the Japanese Next Generation Solid State Lighting Plan, Europe's OLED 100.eu plan, and the United States' Research and Development Plan and Roadmap by the country's Department of Energy.

The report says that the superior qualities of the OLED display will be the biggest reason for its heavy rate of adoption. Added to that is the possibility of making flexible and plastic OLED displays, which makes the global OLED display market all the more appealing for many end users.

The report also predicts that the first flagship smartphone to feature a flexible display will be released in 2017, further boosting the demand for the global OLED display market. The release is set to be a precedent for use of flexible plastic substrates such as polyimide in electronic displays. Glass OLED displays will, however, retain their importance as a core technology as far as TV displays are concerned. Cost reduction and technology scale-up is still a major hurdle for global OLED display market in terms of TV displays.

Request a Sample Copy of the Report @ http://www.mrrse.com/sample/142

Electronics giants such as Samsung and LG have already released curved OLED display TVs and are attempting to gather more consumer interest in their products.

The report also describes the investment patterns of manufacturers into quantum dot LCDs, which is expected to be one of the key competing technologies of OLED displays. The preference scales could tip towards quantum dot LCDs due to a substantially lower cost than OLED displays.

The key companies listed in the report for the global OLED display market include Toray Industries, Konica Minolta, Dow Chemical, Universal Display Corporation, Daejoo Electronic Materials Company, Jilin Optical & Electronic Materials Co., Mitsubishi Chemical Corporation, and Heraeus, Beijing Aglaia Technology Development Co.

Most key players as well as nations have begun to adopt the global OLED display market owing to it being thinner, lighter, and energy-efficient. Although the global OLED display market is currently still in a nascent stage, the report shows that there are many national and international entities that are highly interested in conducting advanced R&D for the global OLED display market.

Browse Press Release @ http://www.mrrse.com/oled-display-market-report

About MRRSE
Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE's repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.