As per the research by Market Research Future Reports (MRFR), the global foldable display market is estimated to thrive at a CAGR of 62%, valuing USD 1,549.4 million during the review period. The increasing demand for smartphones is the most significant factor driving the global foldable display market 2020. The flexible display is an upcoming technology and is estimated to transform the electronics industry in the forthcoming period. The incorporation of flexible displays in smartwatches is projected to be an important factor in driving the market growth.
The continuous development in technologies is a crucial factor leading to market expansion. There has been a rise in awareness among the users regarding the latest technology, which is fueling the demand for such devices. On the flip side, the expensive costs associated with foldable technology are estimated to create hindrance in market expansion. In addition, the outbreak of COVID-19 has led to significant challenges. We will provide COVID-19 impact analysis with the report.
Key Players
The forefront players of the global foldable display market are LG Display Co., Ltd (South Korea), Samsung Electronics Co., Ltd (South Korea), BOE Technology Group Co. (China), Royole Corporation (China), Applied Materials, Inc. (US), Visionox Technology Inc. (US), Semiconductor Energy Laboratory Co., Ltd (Japan), C3Nano, Inc. (the US), Tianma Microelectronics Co., Ltd (China), Altenergy Power System, Inc. (the US). Apart from these players, Apple Inc. (US), M Company (US), AGC Inc. (Japan), Ares Materials, Inc. (US), DuPont (US), Huawei Technologies Co. Ltd (China), FUJIFILM Holdings Corporation (Japan), and a few more are the players that contribute 35-40% in the foldable display market.
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Market Segmentation
The global foldable display market can be segregated on the basis of application, type, and region.
- Based on application, the worldwide foldable display market can be classified into
- Based on type, the worldwide foldable display market can be classified into OLED, LED, and AMOLED.
- Based on the region, the worldwide foldable display market can be classified into North America, Europe, Asia-Pacific, and the Rest of the World.
Regional Analysis
The regional study of North America, Europe, Asia-Pacific, and the Rest of the World (RoW) has been conducted. As per the research by MRFR, the Asia Pacific region is projected to acquire the largest market share. The region is propelling due to the manufacturing of displays, a thriving consumer electronics market, and the unit shipments. The region consists of established players such as Samsung Electronics and LG Displays. Besides, there has been a sudden increase in smartphone ownership, and the demand for smartphones has increased exponentially. It has a direct impact on the foldable display market in the region.
TABLE OF CONTENTS:
- MARKET INTRODUCTION
- RESEARCH METHODOLOGY
- MARKET DYNAMICS
- EXECUTIVE SUMMARY
- MARKET FACTOR ANALYSIS
- LINEAR MOTORS MARKET, BY SEGMENTS
- COMPETITIVE ANALYSIS
More…
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Market AnalysisThe foldable display market is predicted to touch USD 1,549.4 million at a whopping 62% CAGR between the forecast period 2018- 2023, states the recent Market Research Future (MRFR) analysis.
Thus, it can be folded, twisted, and rolled-up like a paper according to the specific use.
Various factors are propelling the global foldable display market share.
Key PlayersTosoh Corporation (Japan), Sumitomo Chemical Co., Ltd (Japan), Solip Tech Co., Ltd (South Korea), SKC Kolon PI Inc. (South Korea), Schott NYC (US), Nitto Denko Corporation (Japan), Nissha Co Ltd (Japan), Zeon Corp (Japan), Microsoft Corporation (US), Light Polymers Inc. (US), LG Chem Ltd (South Korea), Konica Minolta, Inc. (Japan), Kateeva, Inc. (US), Kaneka Corporation (Japan), Huawei Technologies Co. Ltd (China), FUJIFILM Holdings Corporation (Japan), DuPont (US), AGC Inc. (Japan), Ares Materials, Inc. (US), Apple Inc. (US), 3M Company (US), Visionox Technology Inc. (US), Altenergy Power System, Inc. (US), C3Nano, Inc. (US), Tianma Microelectronics Co., Ltd (China), Semiconductor Energy Laboratory Co., Ltd (Japan), Royole Corporation (China), Applied Materials, Inc. (US), BOE Technology Group Co. (China), LG Display Co., Ltd (South Korea), and Samsung Electronics Co., Ltd (South Korea).
Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/7675Market SegmentationThe MRFR report highlights an inclusive segmental analysis of the global foldable display market based on application and display.
By application, the global foldable display market is segmented into wearable display, television, tablets and notebook, and smartphone display.
The OLED Display Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global OLED Display Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/oled-display-market/download-sampleMarket DynamicsThe market of OLED is gaining traction on the account of the advancement of the technology which has led to the development of large sizes displays.
Growing usage of OLED in high-end automobiles in components like back-window alerts, rear-view mirrors, and dashboard displays is also expected to augment the market growth.
Increasing demand for consumer products like microwave ovens and washing machines which are also being embedded with OLED is further projected to expand the market size.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.
