Global Foldable Display Market by Manufacturers, Regions, Type and Application, Forecast to 2027
Foldable Display Market 2021-2027
New Research Report “Foldable Display Market, Industrial Analysis, Market Dynamics, Growth Analysis, Regional Analysis, Size, Share, and Forecast 2021- 2027”.
Market Overview
The study of market analysis of the Foldable Display industry focuses on the key elements and the market dynamics of a specific market within that industry. Foldable Display industry study is an essential part of the industry analysis that focuses on the aspects associated with the SWOT analysis. The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.
With the help of the Foldable Display Market Report analysis, every new or established manufacturer can gain knowledge about the business strategies and planning by the significant key marketers who are having a strong base. The documentation is prepared by investigating the company’s activities related to their planning, decision making, purchase, capital investment, innovation, workforce, business expansion strategy, facility expansion, promotional activities, and many other aspects of a company.
The global foldable display market was valued at USD 91 million in 2017 and is expected to reach USD 4, 549.4 Million by the end of the forecast period at a CAGR of 62%.
Market Dynamics of Foldable Display Market
The rising awareness among the global population for the product benefit tends to increase the production of a product of the Foldable Display industry in a positive way. The manufacturers are hopeful about the possibilities of their market growth. And the analyst is also prepared the report by predicting the high growth rate than the recent rate of growth. A wide range of market players is the vital factor to gain the attraction of the larger buyers, as well as the regional market, existed across the globe.
The global Foldable Display industry is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the higher ownership of high-end smartphones, and the demand for flexible displays. In addition, the integration of flexible displays in smartwatches also drive the market growth. Asia-Pacific is the dominating regional market and is also expected to register the highest CAGR.
The OLED-based foldable display is expected to dominate the market by type. The OLED technology is more preferred than LED and is far superior to any other presently available display technologies in terms of picture quality and colour accuracy. OLED offers advantages such as low power consumption, better pixel density, and wide viewing angles. The application of foldable displays is observed for smartphones screens, televisions, and tablets and notebooks. However, these displays can also be used in head-mounted displays, head-up display, projectors, and near-to-eye devices. There are various players/manufacturers that continuously invest in upgrading the display technologies to provide cost-effective foldable displays for various applications. Some of them are Samsung Electronics, Sony Corporation, and LG Display, among others.
Key Players
The report has profiled some of the Important players prevalent in the global like – 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 industry. 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) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Foldable Display.
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Segmentation
The global foldable display market has been segmented based on type, application, and region.
By type, the foldable display market has been segmented into LED, OLED, and AMOLED.
By application, the foldable display market has been segmented into smartphone display, tablets and notebook, television, and wearable display.
By region, the foldable display market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Regional Analysis
The market for foldable display is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographic analysis of Foldable Display industry has been conducted for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East & Africa, and South America). According to MRFR analysis,
Asia-Pacific dominates the global Foldable Display industry in terms of revenue generation during the forecast period. The market growth in Asia-Pacific is owing to the rich concentration of display device manufacturers. Moreover, the region has experienced a high demand for technically advanced and high-resolution smartphones and smartwatch display. This has increased the overall need to produce more OLED based foldable displays for the new and upgraded smartphones. Although, the consumer electronics market in the Middle East & Africa is increasing at a rapid rate with higher ownership of smartphones and internet from Jordan, and Israel, the region lacks display manufacturers; this makes the revenue generation capacity of the region less as compared to the others. On the other hand, the market in North America is also growing with the second highest CAGR during the forecast period. The major contributor to North American market growth includes countries such as the US and Canada, where a lot of start-ups are outsourcing their manufacturing and heavily investing in entering the Foldable Display industry.
Key Stakeholders
Foldable Display Market Manufacturers
Foldable Display Market Distributors/Traders/Wholesalers
Foldable Display Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Global Foldable Display Market, By Component
6 Global Foldable Display Market, by Technology
7 Global Foldable Display Market, by Application
8 Global Foldable Display industry, By Industry
9 Global Foldable Display industry, By Region
10 Competitive Landscape
And more
Continued...
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