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.
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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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Global Foldable Display Market Segmentation
By Technology
- LED
- OLED
- AMOLED
By Application
- Smartphone and Tablets
- Laptops
- Others (TV)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Material Suppliers
- 3M Co.
- Applied Materials, Inc.
- Ares Materials Inc.
- C3Nano Inc.
- Manufacturers
- BOE Technology Group Co., Ltd.
- LG Electronics Inc.
- Royole Corp.
- Samsung Electronics Co., Ltd.
- End-Users
- Apple Inc.
- Guangdong OPPO Mobile Telecommunications Corp., Ltd.
- Huawei Device Co., Ltd.
- Lenovo Group Ltd.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
