Foldable Displays

Global Foldable Displays Market to Reach US$25.9 Billion by 2030

The global market for Foldable Displays estimated at US$7.7 Billion in the year 2024, is expected to reach US$25.9 Billion by 2030, growing at a CAGR of 22.4% over the analysis period 2024-2030. Rollable Display, one of the segments analyzed in the report, is expected to record a 20.0% CAGR and reach US$13.8 Billion by the end of the analysis period. Growth in the Bendable Display segment is estimated at 25.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.0 Billion While China is Forecast to Grow at 21.3% CAGR

The Foldable Displays market in the U.S. is estimated at US$2.0 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.0 Billion by the year 2030 trailing a CAGR of 21.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 20.1% and 19.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 15.6% CAGR.

Foldable Displays: Disruptive Tech or a Passing Fad in Consumer Electronics?

Global Foldable Display Market – Key Trends & Drivers Summarized

The foldable display market has evolved rapidly from experimental prototypes into commercially viable, premium consumer electronics components. These displays, built on flexible OLED (Organic Light Emitting Diode) or AMOLED (Active-Matrix OLED) panels, are transforming the design paradigm across smartphones, tablets, laptops, and wearables. Leading manufacturers like Samsung, Huawei, and Lenovo are spearheading the market, introducing foldable smartphones and dual-screen devices that offer both portability and expanded screen real estate. The technology allows devices to transform from compact form factors into larger displays, providing enhanced user experiences in productivity, gaming, and multimedia consumption.

At the core of this innovation is the advancement in substrate materials, including ultra-thin glass (UTG), polyimide films, and flexible encapsulation layers that enable bendability without compromising durability or display quality. Improvements in hinge design and screen folding mechanisms have also contributed to increased consumer trust and usability. Simultaneously, global consumer preferences are shifting toward multifunctional devices that support remote work, immersive entertainment, and mobile content creation—all of which are fueling demand for foldable screens. As a result, the foldable display market is transitioning from early adoption to broader commercialization, with expansion expected beyond smartphones into categories like foldable TVs, automotive dashboards, and e-readers.

Is Flexible Display Technology Maturing Fast Enough to Meet Market Expectations?

The foldable display ecosystem is witnessing rapid technological maturation, particularly in terms of material science, resolution, and power efficiency. Innovations in display backplanes, such as LTPO (low-temperature polycrystalline oxide) and oxide TFTs, have enhanced the responsiveness and refresh rates of foldable screens, making them suitable for high-end devices. Manufacturers are also addressing longstanding challenges around crease visibility, touch sensitivity, and color consistency when folded. With fold cycles now exceeding 200,000–300,000 uses in lab conditions, durability has become less of a barrier, encouraging more brands to enter the space with varied form factors—including Z-fold, clamshell, and rollable designs.

Parallel advancements in software optimization are critical to the market’s growth. Foldable-friendly operating systems (e.g., Android 12L and beyond), adaptive UIs, and app continuity features are enabling seamless transitions between folded and unfolded states. This synergy between hardware and software is especially vital in enterprise use cases, where productivity and multitasking are prioritized. On the supply side, increasing investments in flexible OLED production lines—especially in South Korea, China, and Japan—are driving down unit costs and improving scalability. Furthermore, strategic collaborations between display panel manufacturers, OEMs, and semiconductor firms are accelerating R&D efforts to improve brightness, reduce power consumption, and support higher pixel densities in foldable formats.

Can the Foldable Display Market Break Through Cost and Supply Chain Barriers?

Despite its promise, the foldable display market faces several challenges, particularly in manufacturing scalability, pricing, and supply chain resilience. High production costs—driven by complex layer integration, precision engineering, and material limitations—continue to restrict foldable devices to the premium segment. The yield rate for foldable OLED panels remains lower than that of traditional displays due to the fragility of flexible components and precision required in lamination and assembly processes. This affects the affordability and availability of foldable devices, especially in price-sensitive markets across Asia-Pacific and Latin America.

Supply chain disruptions, such as semiconductor shortages and material bottlenecks, have also impacted production timelines. As a countermeasure, display makers are investing in vertical integration, strategic sourcing of polyimide films and UTG, and the development of proprietary foldable modules. Additionally, concerns around device longevity and repairability remain significant. Repair costs for foldable screens are considerably higher than for traditional smartphones, raising consumer concerns around total cost of ownership. However, with the rollout of second- and third-generation foldable devices, manufacturers are beginning to address these concerns by offering enhanced durability, longer warranties, and improved customer service channels. The next wave of market growth will depend on the ability of brands to bring foldable innovation to the mid-range segment while maintaining performance and reliability.

What Is Driving the Growth of the Foldable Display Market?

The growth in the foldable display market is driven by several factors related to technological breakthroughs, evolving device usage patterns, and expanding end-use applications. Foremost among these is the accelerated innovation in flexible OLED technology, which has enabled thinner, lighter, and more resilient foldable screens with improved color accuracy and touch sensitivity. These advancements are opening up design possibilities for hybrid devices that combine the functionality of tablets and smartphones in a single form factor—offering a compelling value proposition for tech-savvy consumers, mobile professionals, and gamers alike.

Another key driver is the rising demand for differentiated consumer electronics in an increasingly saturated smartphone market. Foldables offer a clear visual and functional distinction, encouraging early adopters and brand-loyal customers to upgrade. Additionally, OEMs are targeting enterprise and education sectors with foldable laptops and notebooks designed for multitasking, creative workflows, and hybrid work environments. The increasing role of wearable technology and AR/VR interfaces is also expanding the foldable display landscape, with prototypes for wraparound and rollable displays under active development. Furthermore, display panel makers are expanding manufacturing capacities and optimizing production lines for flexible substrates, driving economies of scale that will reduce costs over time. Collectively, these trends are setting the stage for foldable displays to evolve from a niche luxury product into a mainstream tech category.

SCOPE OF STUDY:

The report analyzes the Foldable Displays market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Rollable Display, Bendable Display, Curved Display); Technology (OLED, AMOLED, Micro-LED, Others); Display Size (Up to 8 Inch, 8 Inch - 20 Inch, Above 20 Inch); Application (Smartphones, Laptops & Tablets, Televisions, Digital Signage, Automotive Display, Others); End-Use (Consumer Electronics, Automotive, Healthcare, Industrial, Aerospace & Defense, Retail, Media & Entertainment, Others)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 43 Featured) -

• Applied Materials, Inc.
• AUO Corporation
• BOE Technology Group Co., Ltd.
• C3Nano, Inc.
• Huawei Technologies Co., Ltd.
• Innolux Corporation
• Japan Display Inc.
• LG Display Co., Ltd.
• Motorola Mobility LLC
• Royole Corporation
• Samsung Display Co., Ltd.
• SCHOTT AG
• Semiconductor Energy Laboratory Co., Ltd.
• Sharp Corporation
• TCL China Star Optoelectronics Technology Co., Ltd.
• Tianma Microelectronics Co., Ltd.
• Universal Display Corporation
• Visionox Technology Inc.
• Xiaomi Corporation
• ZTE Corporation

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.