Home > Semiconductors & Electronics > Displays > Foldable Display Market

Foldable Display Market Share

  • Report ID: GMI3084
  • Published Date: Aug 2024
  • Report Format: PDF

Foldable Display Market Share

Samsung Display Co., Ltd and BOE Technology Group Co., Ltd. hold a significant share of over 20% in the market. Samsung Display Co., Ltd. leads the market, benefiting from its early entry and pioneering role in foldable OLED technology. The company's strong brand reputation, coupled with continuous innovation in display technology, solidifies its dominant position.
 

BOE Technology Group Co., Ltd. and LG Display Co., Ltd. are also significant players, with BOE making rapid strides in expanding its foldable display portfolio, particularly in the Chinese market, and LG focusing on leveraging its expertise in flexible displays to cater to both consumer electronics and automotive industries.
 

Other notable competitors, such as AUO Corporation, Innolux Corporation, and Visionox Technology, Inc., are actively enhancing their R&D efforts to develop advanced foldable displays, aiming to increase their market presence. These companies are focusing on improving durability, reducing costs, and exploring new applications for foldable technology to differentiate themselves in the market. TCL China Star Optoelectronics Technology Co., Ltd. is also emerging as a strong contender, capitalizing on its robust production capabilities and aggressive expansion strategies to gain a foothold in the market.
 

Foldable Display Market Companies

Major players operating in the foldable display industry are:

  • Samsung Display Co., Ltd 
  • BOE Technology Group Co., Ltd.
  • LG Display Co., Ltd.
  • AUO Corporation
  • Innolux Corporation
  • Visionox Technology, Inc.
  • TCL China Star Optoelectronics Technology Co., Ltd.
     
Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of foldable display reached USD 5.76 billion in 2023 and is set to register over 24% CAGR between 2024 and 2032, due to innovations in materials and manufacturing processes

The smartphones application segment is likely to witness over 25% CAGR through 2032, as they offer a significant opportunity to enhance user experience through innovative form factors.

Asia Pacific market recorded over 49% share in 2023, owing to the presence of leading technology firms

Samsung Display Co., Ltd, BOE Technology Group Co., Ltd., LG Display Co., Ltd., AUO Corporation, Innolux Corporation, Visionox Technology, Inc., and TCL China Star Optoelectronics Technology Co., Ltd.

Foldable Display Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 367
  • Countries covered: 21
  • Pages: 270
 Download Free Sample