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:
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