Market Analysis
The 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. A foldable display, simply put, is an electronic display having high flexibility. They have a foldable touch panel, flexible screens, and wireless charging. 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. According to the recent MRFR market estimates, such factors include technological advances in OLED display technology, growing demand of high specification products from the booming electronics industry, growing investments by smartphone manufacturers to develop foldable phones, demand for foldable phone, development of advanced materials for foldable displays by suppliers, commercialization of foldable smartphones, and growing support by Android and Google for foldable displays.
Key Players
Tosoh 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).
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Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global foldable display market based on application and display.
By type, the global foldable display market is segmented into AMOLED, OLED, and LED. Of these, the OLED type segment will lead the market over the forecast period.
By application, the global foldable display market is segmented into wearable display, television, tablets and notebook, and smartphone display.
Regional Analysis
By region, the foldable display market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, the Asia Pacific will dominate the market over the forecast period. The rich concentration of display device manufacturers, high demand for technically advanced, growing demand for HD smartwatch display and smartphones, and need to produce more OLED based foldable displays for the upgraded and new smartphones are adding to the global foldable display market growth in the region.
In North America, the global foldable display market will have the second-largest share over the forecast period. Lots of start-ups outsourcing their manufacturing in Canada and the US, heavy investments, high developments, early selection of digitized items in the United States, high spending limit of Americans, and increasing sales of expensive electronic gadgets are adding to the global foldable display market growth in the region.
In Europe, the foldable display market is predicted to have healthy growth over the forecast period.
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TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- Foldable Display Market, By Segments
- Competitive Analysis
Continued…
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Market HighlightsThe global foldable display market is expected to grow at the highest CAGR during the forecast period.
The OLED-based foldable display is expected to dominate the market by type.
OLED offers advantages such as low power consumption, better pixel density, and wide viewing angles.The application of foldable displays is observed for smarphones screens, televisions, and tablets and notebooks.
Some of them are Samsung Electronics Co., Ltd (South Korea), LG Display Co., Ltd (South Korea), BOE Technology Group Co. (China), Applied Materials, Inc. (US), Royole Corporation (China), Semiconductor Energy Laboratory Co., Ltd (Japan), Tianma Microelectronics Co., Ltd (China), C3Nano, Inc. (US), Altenergy Power System, Inc. (US), and Visionox Technology Inc. (US).
These players contribute significantly to market growth.Apart from the top key players, the other players contribute nearly 35%–40% in the foldable display market.
These are 3M Company (US), Apple Inc. (US), Ares Materials, Inc. (US), AGC Inc. (Japan), DuPont (US), FUJIFILM Holdings Corporation (Japan), Huawei Technologies Co. Ltd (China), Kaneka Corporation (Japan), Kateeva, Inc. (US), Konica Minolta, Inc. (Japan), LG Chem Ltd (South Korea), Light Polymers Inc. (US), Microsoft Corporation (US), Zeon Corp (Japan), Nissha Co Ltd (Japan), Nitto Denko Corporation (Japan), Schott NYC (US), SKC Kolon PI Inc (South Korea), Solip Tech Co., Ltd. (South Korea), Sumitomo Chemical Co., Ltd. (Japan), and Tosoh Corporation (Japan).Regional AnalysisThe market for foldable display is estimated to grow at a significant rate during the forecast period from 2020 to 2027.
Foldable Display Market 2021-2024New Study Reports " Foldable Display Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2024" has been Added on MarketResearchFuture.Introduction/Report Summary:This report provides in depth study of “Foldable Display Market” using SWOT analysis i.e.
Strength, Weakness, Opportunities and Threat to the organization.
The Foldable Display Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.Drivers and Constraints The fundamental dynamics that are explored in the report hold substantial influence over the Foldable Display market.
Asia-Pacific is the dominating regional market and is also expected to register the highest CAGR.
The OLED technology is more preferered than LED and is far superior than any other presently available display technologies in terms of picture quality and color accuracy.
Some of them are Samsung Electronics, Sony Corporation, and LG Display, among others.Key PlayersThe report has profiled some of the Important players prevalent in the global like – The key players in the foldable display market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise.
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 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.
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.Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/7675 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.
The region consists of established players such as Samsung Electronics and LG Displays.
