Global foldable display market is expected to register a healthy CAGR of 69% in the forecast period 2019 to 2026. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
This market research report studies key opportunities in the market and influencing factors which is valuable for the businesses. The foldable display report is a useful resource that provides current as well as upcoming technical and financial details of the ICT industry to 2025. This market research report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. While preparing this foldable display market report, no stone is left unturned to consider public demands, competencies and the constant growth of the working industry, vibrant reporting, and high data protection services.
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Some of the major players operating in global foldable display market are
Samsung Electronics Co., Ltd,
LG Display Co., Ltd,
BOE Technology Group Co Ltd,
Applied Materials, Inc.,
Semiconductor Energy Laboratory Co., Ltd,
Tianma Microelectronics Co., Ltd,
Altenergy Power System, Inc.,
Key Developments in the Market:
- In March 2019, Lenovo filed a patent for foldable designs providing mobile phones having two screens. In its upcoming smartphones the company will use this design to compete against Samsung and LG
- In April 2017, ZTE Corporation announced the launch of its new phone by the name of Axon M smartphone. It has two separate screens which acts as separate displays in the smartphone on both the sides and it can also be merged for making it a single screen through software modifications. With this announcement, the company has laid its focus on continuous development of its business of smartphones for competing with the leading market players
Global foldable display market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of foldable display market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market drivers and market restraints covered in the foldable display report assist businesses to get idea about the production strategy
TABLE OF CONTENTS
1.1. Market Definitions
1.2. Research Methodology
1.3. Market Segmentation
2.4. Premium Market Trends
3.1. Value Chain Analysis
3.2. Technology Roadmap
3.3. Market Attractiveness Analysis
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- Rising smartphone ownership and huge demand of new and advanced smartphones displays is driving the market growth
- Technological advancements in OLED display technology is one of the major driver for the foldable display market
- Changing display technology and quick transformations is boosting the market growth
- Increasing disposable income & spending capacity of the American citizens for the consumption of costly electronic devices may propel the growth of the market
- High cost regarding technology may restraint the market growth
- Incompatibility issues of the hardware and software is hindering the growth of the market
- Technological defects in the existing offerings is also limiting the market growth in the forecast period
Segmentation: Global Foldable Display Market
- North America
- South America
- Middle East & Africa
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