세계의 폴더블 디스플레이 시장 규모는 2024년에 12억 3,000만 달러로 평가되었고 2026-2032년에 걸쳐 53.30%의 연평균 복합 성장률(CAGR)을 나타내 2032년에는 37억 5,000만 달러에 이를 것으로 예측되고 있습니다.
폴더블 디스플레이는 접히거나 접혀도 깨지지 않는 부드러운 스크린 기술로 더욱 혁신적인 장치 설계와 휴대성을 가능하게 합니다.
폴더블 디스플레이는 스마트폰, 태블릿, 노트북에서 주로 사용되며 웨어러블 및 차량 인터페이스에서도 사용이 시작됩니다.
폴더블 디스플레이의 미래는 내구성과 해상도의 진보, 건강 관리, 패션, 스마트 홈 디바이스 등의 부문으로의 확장 가능성을 포함하여, 이로써 더 많은 수용과 혁신을 촉진할 것입니다.
세계의 폴더블 디스플레이 시장을 형성하는 주요 시장 역학은 다음과 같습니다.
주요 시장 성장 촉진요인
혁신적인 디바이스에 대한 소비자 수요 증가 : 다용도로 휴대가능한 가젯에 대한 소비자의 요구는 폴더블 디스플레이 시장의 주요 촉진요인입니다.
R&D 투자 증가 : 주요 하이테크 기업은 폴더블 디스플레이 기술을 발전시키기 위해 R&D에 많은 투자를 하고 있습니다. 예를 들어 삼성은 2023년 6월 접이식 패널의 내구성과 유용성 강화에 중점을 두고 디스플레이 제조 능력 확대에 50억 달러를 투자할 것이라고 발표했습니다. 이 투자는 폴더블 시장에서 삼성의 지위를 강화하기 위한 것입니다.
기술 개발을 지원하는 정부의 이니셔티브 : 전자 산업에 대한 정부의 뒷받침은 폴더블 디스플레이 사업을 뒷받침하고 있습니다. 2023년 8월 한국 정부는 현지 기업에 자금과 자원을 제공함으로써 유연한 전자 제품 개발을 촉진하는 새로운 계획을 발표했습니다. 이 프로젝트는 혁신을 촉진하고 한국을 첨단 디스플레이 기술의 리더로 확립하는 것을 목표로 하고 있습니다.
소비자 전자 제품 이외의 용도 확대 : 폴더블 디스플레이 기술은 자동차 및 산업 등 스마트폰 이외의 부문에도 적용되고 있습니다. LG디스플레이는 2023년 7월에 자동차용 폴더블 디스플레이를 생산할 의향을 밝히고 대시보드와 인포테인먼트 시스템에 연질 패널을 사용하는 신산업에 진출을 목표로 했습니다. 이러한 신산업으로의 다양화는 시장 전체의 성장을 가속할 것으로 예측됩니다.
주요 이슈
내구성과 신뢰성 : 폴더블 디스플레이는 특히 접이식 부분의 내구성으로 어려움을 겪습니다. 제조업체는 유연성을 유지하면서 장기적인 성능을 보장하는 큰 어려움에 직면하고 있습니다.
높은 제조 비용 : 폴더블 디스플레이는 일반 디스플레이보다 복잡하고 비싼 제조 절차가 필요합니다. 그 결과, 접이식 장치의 소매 가격이 상승하여 고객 수용 및 시장 성장이 제한될 수 있습니다.
제한된 컨텐츠 및 앱 지원 : 접이식 기기가 보급됨에 따라 특정 화면 크기와 기능에 적합한 앱과 컨텐츠에 대한 수요가 증가하고 있습니다.
시장경쟁과 서브세그먼테이션 : 폴더블 디스플레이 사업은 경쟁사의 진입에 의해 경쟁이 격화하고 있습니다.이러한 부문화는 브랜드의 차별화나 시장의 포화라고 하는 문제를 일으킬 가능성이 있어, 개개의 제조업체가 시장 점유율을 획득·유지하는 것을 곤란하게 하고 있습니다.
주요 동향
부드러운 스크린 사용 증가 : 제조업체는 스마트폰, 태블릿 및 웨어러블 터미널에 연질 스크린을 순차적으로 탑재하고 있습니다.
디스플레이 기술의 진보 : 강화 OLED나 AMOLED 기술 등의 기술적 진보에 의해 폴더블 디스플레이의 성능은 향상되고 있습니다.
스마트폰 이외의 확장 : 폴더블 디스플레이 기술은 스마트폰뿐만 아니라 태블릿, 노트북, 아마도 자동차 디스플레이로 확대되고 있습니다.
지속가능하고 친환경 소재 : 환경에 대한 관심이 높아짐에 따라 접이식 스크린 제조에도 지속가능성이 중요해지고 있습니다.
Global Foldable Display Market size was valued at USD 1.23 Billion in 2024 and is projected to reach USD 3.75 Billion by 2032, growing at a CAGR of 53.30% from 2026 to 2032.
A foldable display is a flexible screen technology that bends or folds without breaking, allowing for more innovative device designs and portability.
Foldable displays are largely utilized in smartphones, tablets, and laptops, with emerging uses in wearables and vehicle interfaces.
The future of foldable displays includes advances in durability and resolution, as well as possible extension into areas such as healthcare, fashion, and smart home devices, which will drive more acceptance and innovation.
The key market dynamics that are shaping the global foldable display market include:
Key Market Drivers:
Increasing Consumer Demand for Innovative Devices: Consumer need for versatile and portable gadgets is a major driver of the foldable display market. According to an IDC estimate published in May 2023, foldable smartphone shipments are predicted to grow by 50% year on year, demonstrating high market demand for new designs that improve user experience.
Increased investment in R&D: Major tech companies are investing considerably in research and development to advance foldable display technology. For instance, in June 2023, Samsung announced a $5 billion commitment to expand its display manufacturing capabilities, with a focus on enhancing the durability and usefulness of foldable panels. This investment intends to strengthen Samsung's position in the foldable market.
Government Initiatives Supporting Technology Development: Government backing for the electronics industry is driving the foldable display business. In August 2023, the South Korean government announced a new plan to promote the development of flexible electronics by offering funds and resources to local businesses. This project seeks to promote innovation and establish South Korea as a leader in advanced display technology.
Expanding Applications beyond Consumer Electronics: Foldable display technology is finding applications beyond smartphones, such as in the automotive and industrial industries. LG Display revealed intentions to produce foldable displays for automotive applications in July 2023, aiming to tap into a new industry that uses flexible panels for dashboards and infotainment systems. This diversification into new industries is projected to fuel overall market growth.
Key Challenges:
Durability and Reliability: Foldable displays frequently struggle with durability, particularly at the folding points, which can cause wear and tear over time. Manufacturers face a huge difficulty in ensuring long-term performance while maintaining flexibility.
High Production Costs: Foldable displays require more complex and expensive production procedures than regular displays. This results in increased retail prices for foldable devices, potentially limiting customer acceptance and market growth.
Limited Content and App Support: As foldable devices grow more popular, there will be a demand for apps and content that are suited for their specific screen sizes and functionality. Currently, many applications are not fully optimized for foldable displays, limiting the user experience.
Market competition and Fragmentation: The foldable display business is becoming increasingly competitive as more competitors enter the area. This fragmentation can cause problems with brand distinctiveness and market saturation, making it difficult for individual manufacturers to obtain and keep market share.
Key Trends:
Increasing Use of Flexible Screens: Manufacturers are progressively incorporating flexible screens into smartphones, tablets, and wearables. This trend is being pushed by consumer demand for more compact and multifunctional devices that can accommodate larger displays without increasing overall device size.
Advances in Display Technology: Foldable displays are performing better because to technological advancements such as enhanced OLED and AMOLED technologies. These developments prioritize durability, resolution, and color accuracy, making foldable devices more enticing to customers.
Expansion beyond smartphones: Foldable display technology is extending beyond smartphones to include tablets, laptops, and perhaps vehicle displays. This diversification attracts new customer categories and applications, resulting in additional market growth.
Sustainable and Eco-Friendly Materials: As environmental concerns grow, there is a greater emphasis on sustainability in the manufacture of foldable screens. Companies are looking into eco-friendly materials and manufacturing procedures in order to lessen their products' environmental impact while also appealing to environmentally concerned customers.
Here is a more detailed regional analysis of the global foldable display market:
North America:
North America now dominates the foldable display market, owing to a strong consumer electronics sector and large expenditures in novel technology. The existence of major technology companies such as Apple and Samsung, together with a high demand for modern smartphones and devices, has fueled market expansion. The region's emphasis on research and development, along with a consumer base that appreciates cutting-edge technology, has placed North America as a leader in foldable display adoption.
Recent government initiatives and alliances in North America have also helped to cement this dominance. For instance, in August 2023, the US government announced financing for flexible electronics research through the National Science Foundation. This program seeks to boost innovation in the semiconductor and display industries, while indirectly boosting the foldable display industry. Such assistance not only promotes scientific improvements, but it also encourages collaboration between academia and industry, ensuring that North America remains at the forefront of foldable display technology development.
Asia Pacific:
The Asia-Pacific area is the fastest expanding market for foldable displays, thanks to rapid technological breakthroughs and a thriving consumer electronics industry. Countries such as China, South Korea, and Japan are in the vanguard of this expansion, with top manufacturers like Huawei and Oppo introducing new foldable gadgets. The region's strong manufacturing skills and tech-savvy populace have spurred desire for new and versatile gadgets, establishing Asia Pacific as a major participant in the foldable display industry. Oppo released its latest foldable smartphone, the Find N2 Flip, in July 2023, and it has garnered positive feedback for its compact shape and advanced functions.
Furthermore, government initiatives in Asia Pacific are promoting the growth of the foldable display industry. For example, in September 2023, the Chinese government announced a new policy to encourage the development of flexible and foldable display technology as part of its larger "Made in China 2025" initiative. This program involves increased financing for electronics R&D, which encourages local companies to innovate and compete globally. Such support is projected to boost growth in the foldable display industry, positioning Asia Pacific as a critical hub for technological advancement in this field.
The Global Foldable Display Market is segmented on the basis of By Type, By Application and By Geography.
Based on Type, the Global Foldable Display Market is segmented into OLED, AMOLED. The OLED segment is the dominant segment of the Global Foldable Display Market. Its widespread use in high-end devices, along with superior image quality and flexibility, makes it the preferred choice for manufacturers. The AMOLED segment is the fastest growing segment. With advancements in technology and increasing demand for displays with better color accuracy and power efficiency, AMOLED displays are gaining traction in the foldable market.
Based on Application, the Global Foldable Display Market is segmented into Smartphone Display, Tablets and Notebook. The Smartphone Display segment is the dominant segment of the Global Foldable Display Market. This is largely due to the increasing adoption of foldable smartphones, which offer enhanced portability and innovative designs. The Tablets and Notebooks segment is the fastest growing segment. The rise in remote work and demand for versatile devices is driving innovation and consumer interest in foldable tablets and notebooks, making them an attractive option for users seeking multifunctional devices.
Based on the Geography, the Global Foldable Display Market are classified into North America, Europe, Asia Pacific, Rest of the World. North America is the dominant region, owing to its advanced industrial infrastructure and widespread use of precision measurement technologies across industries. The Asia Pacific region is the fastest growing, thanks to rapid industrialization, expanding manufacturing capabilities, and rising investments in technology and infrastructure in emerging economies such as China and India.
The "Global Foldable Display Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are LG Display Co., Ltd, Samsung Electronics Co., Ltd, BOE Technology Group Co., Altenergy Power System, Inc., Applied Materials, Inc., Royole Corporation, C3Nano, Inc., Semiconductor Energy Laboratory Co., Ltd, Visionox Technology Inc., and Tianma Microelectronics Co., Ltd.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.