Foldable Display Market Research Report - Global Forecast till 2027

Foldable Display Market Research Report by Type (LED, OLED, AMOLED), by Application (Smartphone Display, Tablets and Notebook, Television, Wearable Display), & by Region (North America, Europe, Asia-Pacific, Rest of the World) - Forecast till 2027

ID: MRFR/SEM/6206-HCR | December 2022 | Region: Bric | 100 Pages         

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Foldable Display Market Size and Overview


Globally, the size of the Foldable Display Market as valued at USD 91 million in 2017, and the Foldable Display Industry is expected to reach USD 1, 549.4 million by 2027 at a CAGR of 62% driven by, The growing demand has increased a lot and that leads to the future growth of the margins of the foldable display market.


Moreover, the business strategy has been considered as the manufacturing aspect that drives the elements of the improbable display aspect. The stated aspect has been segmented into the technological, substrate materials, and the application with geographical analysis. Hence, the technology has been segmented into LED, AMOLED, OLED. The particular research report enables to present the beginning of the market growth along with the improvement, zones, shares, and the forecast period speculation.


Covid 19 Analysis


The continuous tracking of the impact of the covid 19 analysis has a huge impact on the industries and the verticals within the domain. Therefore, the impact has identified a huge gap between the supply and the demand of the stated market. Further, the outbreak of the affected economies has led to the lockdown business shutdowns travel bans. Hence, the overall breakdown affected the entire growth with the downturn within the world economy.


Apart from that, it has been observed that the demand for foldable displays is growing at a great pace. This means that the impact of the pandemic has changed the entire dynamics but the demand for technological improvement has increased a lot. The commercialization of the entire aspect has undergone the epic understanding of the facts that intend the future growth of the market.


Market Dynamics


Drivers

The growing demand has increased a lot and that leads to the future growth of the margins of the foldable display market. The rising adoption of sufficient energy has been addressed by the industrial verticals. This initiates the efficiency of the progressed action within the markets for analyzing the future driving factors. The enhancement of the portability and handling of the gaining prominence that delivers the immersive experience for anticipation with a foldable display market. Therefore, the immigration of the driving factors has evolved the increasing demand of nature.


Opportunities

The key market opportunity has the aspect of blending the culture and the lifestyle from the modernization of the technologies along with the security for surveillance and media entertainment segments. Apart from that, the rapid adoption of the foldable display has been idealized by the technological sectors that propel the growth of the Foldable Display Market. Hence, the USD has been categorized as 104.158 billion by the forecast period.


Restraints

One of the major restraining factors has been categorized that entitles the importance of the foldable display market. An increase within the restarting factors has been in a  limited section that regulated the High-cost association within the system. Hence, the increment in the foldable LED or OLED display within the technological sectors has been owing to excellent data. The foldable aspects of display have been making a huge impact that has been implied within the applications such as the advancement of technological factors.


Challenges

Challenges appear to be endurance and the high advancement of technological elements. Further, the technological disputes detection has been concise that analyses an LED needs to look for itself. Smartphones have been considered as one of the biggest ailments that happen to be challenging for the future growth of the Foldable Display Market.


Cumulative Growth Analysis

The 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%. On the other hand, the market sensor has an increment due to the high demand and during covid, the growth was expected to rise even more with outstanding opportunities within the global market.


Value Chain Analysis


The technological display along with the foldable display has been used in different perceptions that mainly includes the smartphones, LED, and AMOLED display for future growth analysis. Therefore, it has been formalized that the innovation along with the automation of the display centers has been addressed prominently. The demand for the Foldable Display Market has increased and precisely regulates the technological action of the display market.


Segment Overview


The foldable display market has been segmented with three different bases that include mainly application, region, and technology. Hence, the devices had been delivered with more immersive experiences that have been considered flexible during the multitasking and driving of the Foldable Display Market analysis. Further, the ongoing commercialization has been based upon the foldable display analysis that positively influences the stated market.


On the entire basis Geographically, it has been assessed that the classification has been based on North America, Europe, South America, Middle earth, and Africa. Hence, the Foldable Display Market domination has been growing at a high pace with the highest CAGR until 2029. This initiates the largest accomplishment of the technologically advanced display with better picture quality. Thus, the expectation has been addressed at the forefront with foldable display analysis over the next few years in this globe.


Regional Analysis


According to the global market, the Foldable Display Market has a huge share that owns the presence of a large number of giants that signifies the growth owing along with the surge with the adoption of augmented reality. Apart from that, the forecast of the market size has also been analyzed within the market that leads to the operation of the global market sensor. The identification of the competitive developments has been expanded with new product launches and mergers for better acquisitions in the Foldable Display Market.


Competitive Landscape


With an advance to the recent update, the companies have been analyzed that relates the joining market of the particular company and has enhanced to create the strategies and new innovations. Hence, the stated companies have been addressed as a noteworthy share within the market for accounting for the good brand market and the product offerings. Therefore, the list of companies has been listed below:


List of Companies



Recent Development


The technological segment has been considered to enlighten the light-emitting diodes that segment for the larger revenue share and has projected to register for a robust revenue within the CAGR forecast period.


Further, the industrial vertical segment has been lightened that mainly focuses on the highest revenue growth rate and also to bring out the consumer electronics segment that has accounted for the revenue share.


The display analysis has been addressed to be at a high rate that makes the growth of the LED panels for the forecast period. The address of the screen along with the technological smartphones has been addressed well with the evaluation of the forecast nature with a proper magnificent analysis of the future growth globally.


Report Overview


This particular report is entitled to provide all the important facts and information regarding the growth of the largest market share of the foldable display market margin within the forecast period. Apart from that, the different section has been available that helps to get within the depth information that includes mainly the opportunities, drivers, challenges, regional analysis, covid 19 analysis. Market segmentation, and others. Therefore, all of the facts collected have been from the primary and the secondary sources that are entitled to provide information regarding the display of the technologically advanced foldable screens in the future growth of the Foldable Display Market.


By Geographically:



  • Europe

  • Asia-Pacific

  • Middle East & Africa

  • Americas



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 1, 549.4 Million
  CAGR   62%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors

  • 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)
  • 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)
  •   Key Market Opportunities   Rapid transformations and changing display technology in upcoming smartphones.
      Key Market Drivers

  • High demand for flexible displays from smartphone manufacturers.
  • Rapid advancements in OLED and AMOLED technologies.
  • The integration of flexible displays in smartwatches.


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    Frequently Asked Questions (FAQ) :

    The global foldable display market is predicted to grow at a 62% CAGR between 2017- 2023.

    Key contenders profiled in the global foldable display market include 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).

    Asia Pacific will lead the global foldable display market.

    Increasing use in smartphones and projectors are the key factors driving the global foldable display market growth.

    The global foldable display market is predicted to reach USD 1,549.4 million by 2023.