Foldable Display Market 2021-2027
New Study Reports “ Foldable Display Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027” has been Added on MarketResearchFuture.
Introduction/Report Summary:
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 global foldable display market was valued at USD 91 million in 2017 and is expected to reach USD 4, 549.4 million by the end of the forecast period at a CAGR of 62%.
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.
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 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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Segmentation
By type, the foldable display market has been segmented into LED, OLED, and AMOLED. The OLED type is poised to gain a large market share owing to its easy integration with foldable displays as well as its flexibility and high resolution. It has benefits of wide viewing angles, better resolution, and low power consumption in comparison to its counterparts. On the other hand, the AMOLED technology is likely to capture market share in the coming years due to low-temperature polycrystalline oxid (LTPO) technology and providing a clear resolution.
By application, the foldable display market has been segmented into smartphone display, tablets and notebook, television, and wearable display. The smartphone display segment is deemed to be highly lucrative for the market owing to preference for smartphones by customers. Moreover, the improved bending radius, 5G connectivity, and affordable prices are advantages expected to work in the segment’s favour.
Regional Analysis
North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) are regions considered for the global foldable display market.
APAC accounted for the largest market share owing to a flourishing consumer electronics industry and export of large number of units to developed countries. Presence of well-known display manufacturers and partnership with credible influencers can influence sales of foldable displays. Taiwan, China, and South Korea are prime contenders of the regional market.
North America followed APAC in the global market standing owing to a large consumer base and penchant for smart devices. Technological advances in foldable displays shown by smartphone manufacturers and a need for new flagship phones can drive the regional market demand.
Industry News
Google has filed a patent for its disappearing on-screen display camera that can be featured in the upcoming foldable Pixel.
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
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
4 Market Landscape
….
11 Company Profiles
11.1 Samsung Electronics Co., Ltd (South Korea)
11.1.1 Company Overview
11.1.2 Type/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Key Strategies
11.2 LG Display Co., Ltd (South Korea)
11.2.1 Company Overview
11.2.2 Type/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategies
11.3 BOE Technology Group Co. (China)
11.3.1 Company Overview
11.3.2 Type/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategies
11.4 Applied Materials, Inc. (US)
11.4.1 Company Overview
11.4.2 Type/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategies
And more
Continued…
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