Flexible OLEDs Market (Organic Light Emitting Diode) enable the device in which it is used to roll or bend while still operating.An OLED emits light due to the presence of thin films of organic semiconductors of thickness approximately 100 nanometers. The regular OLEDs are fabricated on a glass substrate, whereas flexible OLEDs use flexible plastic such as polyethylene terephthalate (PET).
Replacement of glass with PET also reduces weight of the device. Though the flexible OLED market is currently at a nascent stage, it is expected to grow rapidlyin the near future owing to rapid growth ofthe electronics industry. OLEDs also find application in the production of electronic-paper or bendable displays that can be integrated into clothing, wallpaper, or other curved surfaces.
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Key drivers of the flexible OLED market include technological advancementsin several industries and growing per-capita income, which encourage customers to buy electronic products with flexible display. Continuous research and development activities create opportunities for expansion of the flexible OLED market.
There are a few limitations associated with flexible OLEDs,which includelowering of efficiencyor brightness, or even complete breakdown of devices on introduction of stress into the organic layers.Encapsulation is another challenge for the flexible OLED market. Flexible encapsulation methods are generally not as effective a barrier to air and moisture as glass;however,research and development activities are being carried outto improve the encapsulation of flexible organic light emitting diodes.
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Major companies operating in the flexible OLED market include Atmel Corporation
• Delta Electronics
• Delta Electronics
• Dupont Display
• Hewlett-Packard Company
• Inc. Majority of the flexible OLED companies are based in the U.S. and Taiwan.
• Inc. and Plastic Logic
• Philips Electronics
• Sony Corporation
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Major restraintsof the flexible OLED market include the need forskilled labor and a complex manufacturing process . Existing glass display is another restraint for the flexible OLED market which has a high demand due to relatively lower price.
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