Foldable Display Market 2021 Analysis May Set New Growth Story, Forecast to 2027


Posted August 18, 2021 by danishahmed

The global foldable display market is estimated to grow in the near future owing to the growing advancement in the smartphone display technology such as foldable smartphones and tablets. F
 
The global foldable display market is estimated to grow in the near future owing to the growing advancement in the smartphone display technology such as foldable smartphones and tablets. For instance, as Per Samsung Electronics Co., Ltd., the essential feature of its smartphone named Samsung Galaxy Fold comprises its display which can be foldable outside. It is a bendable, flexible and foldable smartphone that will enable the users to convert their phones into nearly 12.7cm (7-inch) tablets. It features Infinity Flex Display that will allow consumers to utilize this smartphone as a tablet as well. It is expected to be launched by 2019. Additionally, LG Electronics Inc., Lenovo and Microsoft Corporation are also working on foldable phones.


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 The global foldable display market is projected to grow at a significant CAGR of more than 45% during the forecast period. The market growth is mainly driven by technological development in display technology such as the introduction of OLED. The OLED display is an emerging technology that offers efficient and attractive displays and lighting panels. Foldable OLED display can be referred to as the next-generation of these panels that can be bendable and flexible. 


A foldable OLED relies on a flexible substrate, either metal, plastic or flexible glass. In addition, various smartphone manufacturers such as Samsung Electronics Co., Ltd., Xiaomi Corp., and others have been reported to perform constant experiments with foldable display technology. For instance, Samsung developed a foldable display smartphone named Galaxy Fold that was released in September 2019. In addition, Huawei is about to launch its Huawei Mate X soon in the market, which tends to create an opportunity for the growth of the foldable display market in the near future.

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Foldable Display Market- Segmentation
Global Foldable Display Market by Technology
 LED
 OLED
 AMOLED 


Global Foldable Display Market by Application
 Smartphone
 Tablets
Laptops 
 Others (TV)

Company Profiles
Material Suppliers 

  3M Co.

 Applied Materials, Inc.

 Ares Materials Inc.

 C3Nano Inc.

 DuPont de Nemours, Inc.

Kaneka Corp.

 Kateeva, Inc.

 Sumitomo Chemical Co., Ltd.

 Manufacturers 

 BOE Technology Group Co., Ltd.

 LG Electronics Inc.

 Royole Corp. 

 Samsung Electronics Co., Ltd.

 Semiconductor Energy Laboratory Co., Ltd.

 Tianma Microelectronics Co., Ltd.

 End-Users 

 Apple Inc.
. Guangdong OPPO Mobile Telecommunications Corp., Ltd. 

 Huawei Device Co., Ltd. 

 Lenovo Group Ltd.

 Microsoft Corp.

 Sony Corp.

 TTE Technology, Inc.


Market Determinants
Motivators
 Restraints
 Opportunities


North America           
United States 
Canada

Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific    
China
Japan
India
Rest of Asia-Pacific

Rest of the World
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Last Updated August 18, 2021