Foldable Display Market - Trends Forecast Till 2028
Foldable Display Market, By Technology (LED, OLED, AMOLED), Substrate Material (Glass, Plastic and Other Substrate Material), Application (Smartphone and Tablets, Laptops and Others), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Published Date: June, 2020
Base Year Estimate: 2019
Report ID: D-SE-FDM-17
Number of Pages: 293
Domain: Semiconductors & Electronics
Foldable Display Market – Trends Forecast Till 2028
The global foldable display market is anticipated to reach USD 7.4 billion by 2020 growing at a CAGR of 32.4% during the forecasting period, 2020-2028. Growing adoption of foldable displays in consumer electronics products such as smartphones, laptops, and TVs. Moreover, the development of various technologies such as OLED, AMOLED has generated huge opportunities for the foldable display market. The business strategies initiated by the various manufacturer is another driving factor for the market.
The global foldable display market is segmented into technology, substrate material, application, and geography
The technology segment is segmented into LED, OLED, and AMOLED
On the basis of technology, the OLED segment accounted for the high share of the foldable display market during the forecast period 2020-2028
Substrate material segment is segmented into glass, plastic, and other substrate material
The application segment is segmented into smartphones and tablets, laptops, and others.
Geographically, the global foldable display market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.
North America region has come up as the prominent region for the leading share in the overall global market during the forecast period 2020-2028.
Key players in the global foldable display market are 3M Co., Applied Materials, Inc., Ares Materials Inc., C3Nano Inc., DuPont de Nemours, Inc., Kaneka Corp., Kateeva, Inc., Sumitomo Chemical Co., Ltd., BOE Technology Group Co., Ltd., LG Electronics Inc., Royole Corp., and Samsung Electronics Co., Ltd. among others.
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
- In 2015, Applied Materials, Inc. launched two new systems that enable the volume production of high-resolution, thin, and lightweight flexible OLED displays for mobile products and TVs
- In 2018, In 2018 Ares launched a mechanical lift-off technology named Easybond for the production of flexible OLED. The company has also developed a flexible electronics substrate called Pylux, based on a polysulfide thermoset polymer
In addition to the market data for the foldable display market. Delvens offers client-centric reports and is customized according to the company’s specific demand and requirements.
This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conferences like Jefferies conference)—to identify and collect information useful for this study of the foldable display market. The purpose of secondary research is to identify and collection of extensive, technical, market-oriented, and commercial studies of the global foldable display market. Through secondary research, the market is classified and segmented as per industry trends, developments, regional markets, products, and technological developments.
The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the foldable display market.
Primary Respondent breakdown is given below:
Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the foldable display market. This approach has also been used to derive the market for segmentation and sub-segmentation.
Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact primary respondents in order to gain a 98.8% of confidence level on our data.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Industry/Strategic Consultants