According to the report, Huge Demand of New and Advanced Smartphones Displays is one of the primary growth factors for the market. Rising Smartphone Ownership
is also expected to contribute significantly to the Foldable Display market. Overall, Smartphones
applications of Foldable Display, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Online, is boosting the Foldable Display market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Foldable Display market identified that the demand is rising in many different parts of the world as "Changing Display Technology and Quick Transformations Is Boosting the Market Growth". Furthermore, some recent industry insights like "In February 2019, Samsung Mobile had officially announced its Galaxy Fold. It features dual foldable displays that can be bent with a radius of curvature as small as 1 mm, allowing the phone to fold up with the display on the inside that resembles a tablet., In March 2019, Lenevo had filed a patent for foldable designs that provides two screens on the smartphone. The company’s goal is to compete against Samsung and LG by using this design in their mobile phones., In April 2019, Universal Display Corporation launched a phosphorescent organic LED to be used in premium smartphones. This LED can be used to make a rollable and flexible smartphone. and In February 2019, Huawei had announced its first foldable smartphone, the Mate X. The Mate X is about 11 mm thick when folded, and its display is on the outside, meaning that the bending radius of the display is roughly 5 mm." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Foldable Display market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Foldable Display market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.