Foldable Display Market 2021-2027
New Study Reports " Foldable Display Industry 2021, Analysis, Growth, Size, Trends Forecasts 2027" has been Added on MarketResearchFuture.
Report Overview
Starting with the overview of the Foldable Display industry, it presents an overall analysis of the latest trends that are prevalent in the industry. The report begins with the description of the market surroundings and the analysis of the size and forecast of product or service based on regions and applications. In addition to it, the report also introduces the market competitive landscape among the vendors and manufacturers that contribute to the growth of the product or service. The company profiling and market price analysis in relation to the value chain features is also covered in the report. The data experts have examined and scrutinized the industry trends in the key regions. 2021 has been considered as the base year, with the forecast period extending to 2027.
The global foldable display market was valued at USD 91 million in 2017 and is expected to reach USD 1, 549.4 million by the end of the forecast period at a CAGR of 62%.
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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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.
Segmentation
The global foldable display Industry has been segmented based on type, application, and region.
By type, the foldable display Industry has been segmented into LED, OLED, and AMOLED.
By application, the foldable display Industry has been segmented into smartphone display, tablets and notebook, television, and wearable display.
By region, the foldable display Industry has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Key Stakeholders
Foldable Display Market Manufacturers
Foldable Display Market Distributors/Traders/Wholesalers
Foldable Display Industry Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
2.1 Definition 15
2.2 Scope of The Study 15
2.3 Market Structure 15
2.4 List of Assumptions 16
3 Research Methodology
4 Market Dynamics
5 Global Foldable Display Industry, By Component
6 Global Foldable Display Industry, 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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