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Global Foldable Display Market Size, Market Segmentation and Future Forecasts to 2030
Global Foldable Display Market Size, Share, Trend, Growth and Global Opportunity Analysis and Industry Forecast, 2023-2030.
Overview
The Global Foldable Display Market is likely to exhibit steady growth over the forecast period, according to the latest report on Qualiket Research.
Global Foldable Display Market was valued at USD 295.50 Million in 2021 and is slated to reach USD 7573.4 Million by 2027 at a CAGR of 52.8% from 2022-2027.
A foldable display is a type of flexible electronic display that is distinct from standard flat-surface displays. Flexible display technology is used in foldable displays, which can be rolled up, twisted, and folded like paper. Foldable displays are far more durable than standard displays. These displays are a new technology that is expected to revolutionize the electronics and semiconductor industries shortly. Foldable displays are common in smartphones, tablets, and notebook computers.
Key Players:
Kateeva (U.S.), SONY INDIA (India), Pioneer Corporation (Japan), AUO Corporation (Taiwan), BOE Technology Group Co., Ltd (China), Samsung (South Korea), LG Display (South Korea), Panasonic Corporation Co, Ltd (Japan), RITEK CORPORATION (Taiwan), OSRAM GmbH (Germany).
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Market Segmentation
Global Foldable Display Market is segmented into By Technology, Material, Type, Panel Size, and Application. By Technology such as Organic Light-Emitting Diode (OLED), Liquid Crystal Display (LCD), and Electronic Paper Display (EPD). By Materials such as Glass, Metal, and Plastic. By Types such as Curved Display, Bendable, and Foldable Display, Rollable Display. By Panel Size such as Up to 6”, Above 50”, 20-50”, and 6-20”. By Applications such as Wearable, TVs, Smartphones, Smartwatches, E-readers, Automotive, and Transportation.
Regional Analysis
Global Foldable Display Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to the increasing production of smartphones with advanced display technologies, primarily in developing countries such as India and China, Asia-Pacific dominates the foldable display market in terms of revenue and market share. Furthermore, increased R7D expenditure by major market players in this region will drive market growth even further. Because of the increasing applications of foldable displays in television and smartphone displays in this region, North America will continue to project the highest growth rate during the forecast period of 2022-2027.
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OnePlus Open: The First Foldable Revealed With Powerful Camera
OnePlus unwrapped its maiden foldable phone in the market modeled the OnePlus Open. The most highlighted point is its Camera! It looks premium and powerful with its Hasselblad 14mm lens. The OnePlus Open is set to launch in India on 19th October 2021 in an event.
The gadget has sparked significant excitement, and a recent report has revealed details about some of its main features, especially…
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The Tecno Phantom V Fold: A Foldable Future Unfolds at MWC 2023
The Tecno Phantom V Fold, Tecno's entry into the foldable smartphone market, is set to make its debut at the Mobile World Congress 2023. The launch date for the device is confirmed for February 28 and the MWC 2023 launch page is already live. The phone will feature a MediaTek Dimensity 9000+ SoC, an impressive chipset with an AnTuTu test score of over 1.08 million.
In a recent statement, Tecno claimed that the Phantom V Fold will be the world's first left-right foldable smartphone, a unique feature that sets it apart from other foldable devices on the market. Live images of the phone have also recently emerged, giving us a glimpse of its sleek design.
Additionally, rumors suggest that Tecno is working on a new foldable smartphone, the Tecno Phantom Vision V. Concept renders and videos have appeared online, showcasing a foldable display with a hole-punch cutout for the selfie camera and a triple rear camera setup.
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