Foldable Screen Market: Introduction
- Foldable screen is a voltage regulator diode that primarily protects low voltage devices from destructive ESD (electrostatic discharge). It also protects the terminals of devices that operate in the voltage range of 2.4 V to 24 V.
- This robust component can safely absorb repetitive ESD strikes above the maximum level specified in the international standard without performance degradation. Foldable screens offer extremely low loading capacitance, which makes them ideal for protecting high-speed signal pins such as USB.
- It offers a wide range of features such as low capacitance, halogen-free, lead-free, and RoHS compliant, and low leakage current of 20nA (TYP) at 5V.
- These features make the foldable screen highly significant for ESD protection for embedded display port, USB 2.0/3.0 ports, serial bus interfaces such as IEEE 1394, which in turn is expected to contribute to the market growth
Rise in Adoption from IT & Telecommunication Industry
- Based on the end-use industry, the global foldable screen market can be segmented into IT and telecommunication, consumer electronics, automotive, and others (oil & gas, power & utility, energy). The IT and telecommunication segment is expected to expand at a rapid pace during the forecast period due to an increase in use of foldable screen for protection of LCD/LED TV, cameras, and smartphones, etc., against electrostatic discharge (ESD) and general regulation function.
- Foldable screens are primarily used in communication devices such as HDMI, SIM Card, display port, gigabit Ethernet-SATA, DVI, etc., for system-level ESD protection. This factor is significantly driving the demand for foldable screen in the IT and telecommunication industry.
- Rising adoption of foldable screen for RF transmitters and fast turn-on applications such as buttons, switches, and touch panels, to offer improved reliability, and diode capacitance to ensure better signal integrity, is further propelling the market growth
North America to Lead Global Foldable Screen Market
- In terms of region, the global foldable screen market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Asia Pacific is expected to hold the largest share of the foldable screen market during the forecast period due to a rise in the demand from the consumer electronics, IT and telecommunication industries
- Foldable screens are widely utilized in electronic devices to handle portable electronic devices such as smartphones, laptops, tablets, etc.
- Rising digitalization & urbanization, increased connectivity, the proliferation of the internet of things (IoT), innovations in portable electronic devices such as e-readers, smartphones, tablets, and flash drives, are other factors propelling the foldable screens market in Asia Pacific.
- The foldable screen market in North America and Europe is expected to expand at a significant pace during the forecast period due to an increase in demand for foldable screen from diverse industries such as automotive, consumer electronics, and IT and telecommunication. Moreover, the growth is anticipated to be driven by leading countries such as India, China, Japan, Germany, France, and South Korea. The foldable screen market in Middle East & Africa and South America is anticipated to grow at a steady pace during the forecast period.
Key Players Operating in the Global Foldable Screen Market
Key players operating in the global foldable screen market are engaged in developing technologically advanced products to cater to the rising demand for foldable screens. Furthermore, several manufacturers are focusing on strategic mergers and acquisition of local manufacturers and system designers to strengthen their product offerings and expand their geographic reach.
Leading players operating in the global foldable screen market include:
- Samsung Electronics Co., Ltd.
- Royole Corporation
- Corning Incorporated
- Japan Display Inc.
- LG DISPLAY CO., LTD
- BOE Technology Group Co., Ltd.
- SHARP CORPORATION
- E Ink Holdings Inc.
Global Foldable Screen Market: Research Scope
Global Foldable Screen Market, by End-use Industry
- IT & Telecommunication
- Automotive & Transportation
- Healthcare
- Consumer Electronics
- Education
- Media & Entertainment
- Others (BFSI, Retail, Building & Construction, etc.)
Global Foldable Screen Market, by Application
- Smartphones & Tablet
- Digital Cameras
- IoT Products
- TVs
- Others (Digital Walls, Digital Flex, etc.)
Global Foldable Screen Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Mexico
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
