Foldable Display Market Key Leaders, Emerging Technology, future 2027
Market Synopsis
The data experts at Market Research Future Reports (MRFR) have analyzed that the global foldable display market is projected to value approximately USD 1,549.4 million, blooming at a CAGR of 62% during the forecast period.
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Regional Analysis
The worldwide market is likely to actuate at a rapid speed during the review period from 2018 to 2023. The analysis of the Foldable Display Market has been carried out for North America, Europe, Asia-Pacific, and the rest of the world. The analysis has stated that the worldwide market is likely to be reigned by the APAC region. The region consists of the most established display device manufacturers. Besides, the region is witnessed a surge in demand for high-resolution and technically developed smartphones and smartwatch. Among all nations of APAC, China, South Korea, Taiwan are estimated to make the maximum contribution during the review period. In addition, the region has witnessed a rise in demand for smartphones which is blooming the market.
Market Segmentation
The global foldable display market can be segregated on the basis of application, type, and region.
On the grounds of application, the global foldable display market can be classified into wearable display, tablets and notebook, smartphone display, and television.
On the grounds of the type, the global foldable display market can be classified into OLED, LED, and AMOLED.
On the grounds of the region, the global foldable display market can be classified into North America, Europe, Asia-Pacific, and the rest of the world.
Key Players
The established market competitors of the global foldable display market are Samsung Electronics Co., Ltd (South Korea), LG Display Co., Ltd (South Korea), BOE Technology Group Co. (China), Royole Corporation (China), Applied Materials, Inc. (the US), Tianma Microelectronics Co., Ltd (China), Semiconductor Energy Laboratory Co., Ltd (Japan), C3Nano, Inc. (the US), Visionox Technology Inc. (the US), and Altenergy Power System, Inc. (the US).
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