Press release
Foldable Display Market Insights with statistics and Growth Prediction 2021 to 2025 | Samsung, LG Display, Royole Corporation
Considered to be rather niche vertical in itself, global foldable display market is gradually making its presence felt in the gigantic smartphone industry. The global market is likely to exhibit a marked ascent over the forecast period on the grounds of mounting inclination of smartphone manufacturers towards the deployment of foldable technologies into their key products.Unprecedented advancements in the OLED technology are introducing new paths for the foldable display market size to flourish in the upcoming years. It is prudent to mention that the flexible OLED displays have entered the market alongside foldable displays and are expected to be in major demand.
Several industry players worldwide have been working on advanced foldable display technology to consolidate their customer base. Google has emerged out to be a major supporter of the technology. The tech giant is ensuring uniform API surface for the developers with an intent to support the future smart phones.
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Top Key Players Are : Samsung, LG Display, Royole Corporation, BOE, Semiconductor Energy Laboratory, and Tianma
In the past seven years, China’s Royole, a worldwide manufacturer of advanced flexible sensors, flexible displays, and smart devices has raised around $1 billion to develop and market flexible displays and sensors. In fact, the company engages in production of sample devices that sport malleable displays, out of which some are already launched in the market while some are still in progress stage or ready-to-launch phase. It is believed that this technological trend will influence growth for foldable display industry size globally.
Lenovo has unveiled an early preview of its foldable display laptop product line which will be a part of ThinkPad X1 portfolio of the company. With this device, which one can use as a two in one, users would be able to carry as a tablet and then can use a Bluetooth keyboard for turning it into a laptop device. It would comprise of a suite of pioneering technologies, from 5G technology to the latest in display offerings, for customers who want to experience a completely new way of using a device for communication, professional and entertainment purposes.
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Amongst the more prominent examples highlighting the progress of foldable display market trends, is the recent launch of Samsung’s foldable phone, Galaxy Fold which had been announced in both a 4G LTE and 5G version. Along with this, Samsung has plans to launch this device in Europe to boost its market presence. Although the device has met considerable backlash due to some issues regarding the display, consistent efforts to improve the technology will help boost the quality of products and expand foldable display industry share.
Table Of Content:
Chapter 4. Foldable Display Market, By Application (Revenue, Shipment)
4.1. Key trends by application
4.2. Smartphones/tablets
4.2.1. Market estimates and forecast, 2018 - 2025
4.3. Notebooks
4.3.1. Market estimates and forecast, 2018 - 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/foldable-display-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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