Market Snapshot:
A foldable display or flexible display is associated electronic visual show that is flexible in nature, as against the normal flat-screen displays employed in most electronic devices. In recent years there has been a growing interest from wide consumer physical science makers to use this show technology in e-readers, mobile phones, and alternative consumer electronics. Such screens are often rolled up sort of a scroll while not the image or text being distorted.
Highlights from Foldable Screens Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 61.0% |
The key Players profiled in the report are SAMSUNG (South Korea), Visionox Company (China), AU Optronics Corp. (Taiwan), BOE Technology Group Co., Ltd. (China), LG Electronics (South Korea) and Royole Corporation (United States).
Geographic Breakdown and Segment Analysis
The Global Foldable Screens market presents a comprehensive analysis of the Foldable Screens market by product type (Electronic Ink, Gyricon, Organic LCD and OLED), by end-user/application (Smartphone Display, Televisions, Tablets and Notebook and Wearable Display), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Foldable Screens industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Foldable Screens market
Analyst at AMA have segmented the market study of Global Foldable Screens market by Type, Application and Region.
Influencing Trend:
Addition of Patents in Order to Introduce Unique Foldable Screen Technologies
Market Growth Drivers:
Upsurge in Digitization across Every Industry Vertical and Investments in Designs Which Align Well with The Evolving Lifestyle of People
Challenges:
Availability of Substitutes and Premium Cost for Gadgets
Restraints:
Higher Costs involved in Research with the manufacturing of the Products and Procurement of Raw Material
Opportunities:
Integration of Foldable Screen with Wider Displays and Portable Electronics
Market Developments Activities:
In January 2023, Samsung partnered with Chinese display maker BOE to jointly develop and produce OLED panels for foldable devices. This aims to diversify Samsung's supply chain and reduce costs.
In March 2023, display manufacturer BOE Technology announced a partnership with TCL to develop and produce foldable displays for TCL's upcoming foldable devices.
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies.
Key Target Audience
Foldable Screens Manufacturer, Distributor, Consumer Electronics Manufacturer and Others