Market Analysis
The foldable display market is predicted to touch USD 1,549.4 million at a whopping 62% CAGR between the forecast period
2018-2023, states the recent Market Research Future (MRFR) analysis. A foldable
display, simply put, is an electronic display having high flexibility. They
have a foldable touch panel, flexible screens, and wireless charging. Thus, it
can be folded, twisted, and rolled-up like a paper according to the specific
use.
Various factors are propelling the global foldable display market share. According to the recent MRFR market estimates, such factors include technological advances in OLED display technology, growing demand of high specification products from the booming electronics industry, growing investments by smartphone manufacturers to develop foldable phones, demand for foldable phone, development of advanced materials for foldable displays by suppliers, commercialization of foldable smartphones, and growing support by Android and Google for foldable displays.
Key Players
Tosoh Corporation (Japan), Sumitomo Chemical Co., Ltd
(Japan), Solip Tech Co., Ltd (South Korea), SKC Kolon PI Inc. (South Korea),
Schott NYC (US), Nitto Denko Corporation (Japan), Nissha Co Ltd (Japan), Zeon
Corp (Japan), Microsoft Corporation (US), Light Polymers Inc. (US), LG Chem Ltd
(South Korea), Konica Minolta, Inc. (Japan), Kateeva, Inc. (US), Kaneka
Corporation (Japan), Huawei Technologies Co. Ltd (China), FUJIFILM Holdings
Corporation (Japan), DuPont (US), AGC Inc. (Japan), Ares Materials, Inc. (US),
Apple Inc. (US), 3M Company (US), Visionox Technology Inc. (US), Altenergy Power
System, Inc. (US), C3Nano, Inc. (US), Tianma Microelectronics Co., Ltd (China),
Semiconductor Energy Laboratory Co., Ltd (Japan), Royole Corporation (China),
Applied Materials, Inc. (US), BOE Technology Group Co. (China), LG Display Co.,
Ltd (South Korea), and Samsung Electronics Co., Ltd (South Korea).
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Market Segmentation
The MRFR report highlights an inclusive segmental analysis of
the global foldable display market based on application and display.
By type, the global foldable display market is segmented into
AMOLED, OLED, and LED. Of these, the OLED type segment will lead the market
over the forecast period.
By application, the global foldable display market is
segmented into wearable display, television, tablets and notebook, and
smartphone display.
Regional Analysis
By region, the foldable display market covers the growth
opportunity and recent trends across Europe, North America, the Asia Pacific
(APAC), and the Rest of the World (RoW). Of these, the Asia Pacific will
dominate the market over the forecast period. The rich concentration of display
device manufacturers, high demand for technically advanced, growing demand for
HD smartwatch display and smartphones, and need to produce more OLED based
foldable displays for the upgraded and new smartphones are adding to the global
foldable display market growth in the region.
In North America, the global foldable display market will
have the second-largest share over the forecast period. Lots of start-ups
outsourcing their manufacturing in Canada and the US, heavy investments, high
developments, early selection of digitized items in the United States, high
spending limit of Americans, and increasing sales of expensive electronic
gadgets are adding to the global foldable display market growth in the
region.
In Europe, the foldable display market is predicted to have
healthy growth over the forecast period.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Foldable Display Market, By Segments
7.
Competitive Analysis
Continued…
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