Increasing focus of manufacturers on development of innovative products in the electronics and semiconductors industry such as OLED technology and wearable devices are key factors driving market revenue growth.
Market Size - USD 268.9 Million in 2020, Market Growth - CAGR of 53.2%, Market Trends - Growing adoption of electronic paper display technology.
The global foldable display market size is expected to reach USD 8,772.3 Million in 2028, and register a CAGR of 53.2% during the forecast period. Growing demand for consumer electronics, especially smartphones and tablets, coupled with rising disposable income of individuals in the developing economies, are factors expected to boost market growth to a significant extent.
Advent of high-end technology such as 5G Internet technology, and demand for advanced devices are factors expected to drive demand for foldable displays, thereby driving market growth.
Flexible OLED-display is expected to gain popularity among smartphone manufacturers, owing to product offerings such as innovative design, comparatively lighter, lower power requirement, thinner, and higher performance. These factors are expected to further drive growth of the global foldable display market.
High cost of foldable display, and hardware and software incompatibility challenge are factors that could hamper growth of the global foldable display market to some extent.
Some Key Findings From the Report:
For the purpose of this report, the global foldable display market has been segmented on the basis of technology, end-use, industry vertical, and region:
Technology Outlook
End-Use Outlook
Industry Vertical Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 268.9 Million in 2020, Market Growth - CAGR of 53.2%, Market Trends - Growing adoption of electronic paper display technology.
The global foldable display market size is expected to reach USD 8,772.3 Million in 2028, and register a CAGR of 53.2% during the forecast period. Growing demand for consumer electronics, especially smartphones and tablets, coupled with rising disposable income of individuals in the developing economies, are factors expected to boost market growth to a significant extent.
Advent of high-end technology such as 5G Internet technology, and demand for advanced devices are factors expected to drive demand for foldable displays, thereby driving market growth.
Flexible OLED-display is expected to gain popularity among smartphone manufacturers, owing to product offerings such as innovative design, comparatively lighter, lower power requirement, thinner, and higher performance. These factors are expected to further drive growth of the global foldable display market.
High cost of foldable display, and hardware and software incompatibility challenge are factors that could hamper growth of the global foldable display market to some extent.
Some Key Findings From the Report:
- Among the technology segments, the organic light-emitting diodes (OLED) segment accounted for the largest revenue share in 2020, and is projected to register a robust revenue CAGR during the forecast period.
- Among the industry vertical segments, the consumer electronics segment accounted for the largest revenue share in the global market in 2020. The automotive industry segment is expected to register the highest revenue growth rate during the forecast period.
- The Asia Pacific market accounted for the largest revenue share in 2020, due to rapidly growing electronics industry, and increasing sales of smartphones, tablets, personal computers, laptops, television sets, etc.
- Companies profiled in the market report include LG Display Co., Ltd, Samsung Electronics Co., Ltd, Royole Corporation, Semiconductor Energy Laboratory Co., Ltd, Applied Materials, Inc., C3Nano, Inc., Altenergy Power System, Inc., Tianma Microelectronics Co., Ltd, Xiaomi Corporation, BOE Technology Group Co., and Visionox Technology Inc. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global foldable display market has been segmented on the basis of technology, end-use, industry vertical, and region:
Technology Outlook
- LED
- OLED
- AMOLED
- Electronic Paper Display (EPD)
- Others
End-Use Outlook
- Smartphone
- Tablets
- Notebook
- Television
- Wearable Display
- Others
Industry Vertical Outlook
- Healthcare
- Consumer Electronics
- Retail
- BFSI
- Military & Defense
- Automotive
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Foldable Display Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Fiberglass Foldable Display Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Foldable Display Market Segmentation & Impact Analysis
Chapter 5. Foldable Display Market By Technology Insights & Trends
Chapter 6. Foldable Display Market By End Use Insights & Trends
Chapter 7. Foldable Display Market By Industry Vertical Insights & Trends
Chapter 8. Foldable Display Market Regional Outlook
8.5. Middle East and Africa
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- LG Display Co. Ltd
- Samsung Electronics Co. Ltd
- Royole Corporation
- Semiconductor Energy Laboratory Co. Ltd
- Applied Materials Inc.
- C3Nano Inc.
- Altenergy Power System Inc.
- Tianma Microelectronics Co. Ltd
- Xiaomi Corporation
- BOE Technology Group Co.
- Visionox Technology Inc
