Foldable Display Market 2021-2027
New Study Reports "Foldable Display Market 2021 Global Sizing and Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2027" has been Added on Market Research Future.
Market Overview
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.
The study objectives of Foldable Display Market report are continuously involved in the research of the profile of key players that are established in recent times to keep the record updated. To keep the growth rate very smooth and stable, the research team carefully go through the manufacturing company’s strategy & planning of development and then analyze them for growth opportunity.
The professional study and research Foldable Display Market report considers the growth that is estimated according to the market size every year.
The global foldable display market is projected to showcase a CAGR of 62% over the forecast period. It is set to reach a value of USD 1,549.4 million by the end of the forecast period.
Foldable displays are screens or tablets with a high flexibility ratio compared to other devices. They are expected to disrupt the consumer electronics industry with its new forms and advances in OLED and AMOLED. The global foldable display market report by Market Research Future (MRFR) provides valuable insights on the industry with predictions for the forecast period (2020-2027) based on drivers, trends, challenges, and roadblocks. The COVID-19 pandemic and its impact on the market makes a critical portion of the report.
Market Scope
The market is set for a huge demand owing to advances in OLED and customer expectations in developing and developed countries. The use of polyimide due to its thickness and flexible nature can drive market demand. Rise in filings of patents for foldable phones by smartphone manufacturers and possible launch of new displays can favor the market. Innovation in foldables focused on customer experience while retaining the smartphone dimensions are likely to flood the market. But the market may swell in size only with the entry of new participants and decline in hardware prices.
The COVID-19 pandemic has disrupted the innovation in foldable displays. This is due to restrictions on testing, planning, and development. Apple, for instance, has had to delay its launch of foldable display phone due to lack of sufficient testing. It outsourced its work to engineers in China owing to limited number of employees allowed to function in a small space due to COVID-19 restrictions.
But high costs of the phone and issues with software and hardware compatibility can impede the market growth.
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 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) 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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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 market 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 market 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 upgradedsmartphones. 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 include 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 market.
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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Complete Report Details@ https://www.marketresearchfuture.com/reports/foldable-display-market-7675
Important 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 Market, By Industry
9 Global Foldable Display Market, By Region
10 Competitive Landscape
And more
Continued...
Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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