Impact of COVID-19 Outbreak on Foldable Display Market 2021
Posted by MRFR on March 19th, 2021
Foldable Display Market 2021-2024
New Study Reports " Foldable Display Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2024" has been Added on MarketResearchFuture.
This report provides in depth study of “Foldable Display Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Foldable Display Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Drivers and Constraints
The fundamental dynamics that are explored in the report hold substantial influence over the Foldable Display market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
This report also analyzes the impact of Coronavirus COVID-19 on the Foldable Display industry.
The global foldable display market is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the higher ownership of high-end smartphones, and the demand for flexible displays. In addition, the integration of flexible displays in smartwatches also drive the market growth. Asia-Pacific is the dominating regional market and is also expected to register the highest CAGR. The OLED-based foldable display is expected to dominate the market by type. The OLED technology is more preferered than LED and is far superior than any other presently available display technologies in terms of picture quality and color accuracy. OLED offers advantages such as low power consumption, better pixel density, and wide viewing angles. The application of foldable displays is observed for smarphones screens, televisions, and tablets and notebooks. However, these displays can also be used in head-mounted displays, head-up display, projectors, and near-to-eye devices. There are various players/manufacturers that continuously invest in upgrading the display technologies to provide cost-effective foldable displays for various applications. Some of them are Samsung Electronics, Sony Corporation, and LG Display, among others.
The report has profiled some of the Important players prevalent in the global like – The key players in the foldable display market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Samsung Electronics Co., Ltd (South Korea), LG Display Co., Ltd (South Korea), BOE Technology Group Co. (China), Applied Materials, Inc. (US), Royole Corporation (China), Semiconductor Energy Laboratory Co., Ltd (Japan), Tianma Microelectronics Co., Ltd (China), C3Nano, Inc. (US), Altenergy Power System, Inc. (US), and Visionox Technology Inc. (US). These players contribute significantly to market growth.
Apart from the top key players, the other players contribute nearly 35%–40% in the foldable display market. These are 3M Company (US), Apple Inc. (US), Ares Materials, Inc. (US), AGC Inc. (Japan), DuPont (US), FUJIFILM Holdings Corporation (Japan), Huawei Technologies Co. Ltd (China), Kaneka Corporation (Japan), Kateeva, Inc. (US), Konica Minolta, Inc. (Japan), LG Chem Ltd (South Korea), Light Polymers Inc. (US), Microsoft Corporation (US), Zeon Corp (Japan), Nissha Co Ltd (Japan), Nitto Denko Corporation (Japan), Schott NYC (US), SKC Kolon PI Inc (South Korea), Solip Tech Co., Ltd. (South Korea), Sumitomo Chemical Co., Ltd. (Japan), and Tosoh Corporation (Japan) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Foldable Display.
Complete Report Details@ https://www.marketresearchfuture.com/reports/foldable-display-market-7675
The market for foldable display is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographic analysis of foldable display market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East & Africa, and South America). According to MRFR analysis,
Asia-Pacific dominates the global foldable display market in terms of revenue generation during the forecast period. The market growth in Asia-Pacific is owing to the rich concentration of display device manufacturers. Moreover, the region has experienced a high demand for technically advanced and high-resolution smartphones and smartwatch display. This has increased the overall need to produce more OLED based foldable displays for the new and upgradedsmartphones. Although, the consumer electronics market in the Middle East & Africa is increasing at a rapid rate with higher ownership of smartphones and internet from Jordan, and Israel, the region lacks display manufacturers; this makes the revenue generation capacity of the region less as compared to the others. On the other hand, the market in North America is also growing with the second highest CAGR during the forecast period. The major contributor to North American market growth include countries such as the US and Canada, where a lot of start-ups are outsourcing their manufacturing and heavily investing in entering the foldable display market.
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About the AuthorMRFR
Joined: March 17th, 2021
Articles Posted: 45
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