Foldable AMOLED Market Report 2025

This Foldable AMOLED market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The foldable AMOLED market size has grown exponentially in recent years. It will grow from $5.73 billion in 2024 to $7.66 billion in 2025 at a compound annual growth rate (CAGR) of 33.6%. The growth in the historic period can be attributed to growing demand for innovative devices, diverse application possibilities, cost reduction strategies, and a competitive landscape.

The foldable AMOLED market size is expected to see exponential growth in the next few years. It will grow to $24.18 billion in 2029 at a compound annual growth rate (CAGR) of 33.3%. The growth in the forecast period can be attributed to consumer demand for flexible displays, technological advancements, expanding applications, decreasing production costs, and partnerships and collaborations. Major trends in the forecast period include material science advancements, organic light-emitting diode (OLED) technology, improvements in encapsulation techniques, the development of flexible thin film, and innovations in display manufacturing processes.

The increasing demand for consumer electronics is expected to drive growth in the foldable AMOLED market in the future. Consumer electronics encompass a wide range of electronic devices intended for everyday use by consumers. This demand is rising due to technological advancements, growing disposable incomes, and changing lifestyles. Foldable AMOLED technology is used in consumer electronics to develop innovative, flexible, and compact devices like smartphones, tablets, and laptops. For instance, in January 2023, LG Corporation, a South Korea-based consumer electronics and home appliances company, reported revenue exceeding $60 billion in its 2022 annual financial report, marking a 12.9% increase from 2021. This growth was primarily driven by the strong demand for premium home appliances and automotive parts, with the appliance business unit experiencing notable year-over-year growth for the seventh consecutive year. Additionally, in January 2022, the Consumer Technology Association (CTA), a US-based trade organization, projected smartphone shipments to reach 154.1 million units with $74.7 billion in revenue for 2022, reflecting a 3% growth over 2021’s 149.6 million units, while automotive technology sales were expected to increase by 7%, reaching $16 billion due to an improving chip supply. Therefore, the growing demand for consumer electronics is propelling the foldable AMOLED market forward.

Leading companies in the foldable AMOLED market are intensifying their efforts to develop innovative solutions, particularly AMOLED display smartphones, to capitalize on market growth. AMOLED display smartphones utilize AMOLED technology for their screens, offering enhanced visual experiences. For instance, Nubia Technology launched the Nubia Flip 5G in April 2024, featuring a 6.9-inch AMOLED display, Qualcomm Snapdragon 7 Gen 1 processor, options for 8GB/12GB RAM, and 256GB/512GB storage. The phone boasts a dual rear camera setup, fast charging capabilities, and a 4310mAh battery, catering to the demands of tech-savvy consumers.

In July 2022, Samsung Electronics acquired Cynora GmbH for $300 million to bolster its OLED display technology, particularly in foldable displays. This strategic move is aimed at maintaining Samsung's competitive edge in the market. Cynora GmbH specializes in providing OLED displays for foldable devices, aligning with Samsung's focus on advancing foldable AMOLED technology.

Major companies operating in the foldable AMOLED market are AUO Corporation, Huawei Technologies Co. Ltd., Lenovo Group Ltd., BOE Technology Group, TCL Technology Group Corp., Sharp Corporation, LG Display, ZTE Corporation, Chimei Innolux Corp., Tianma Microelectronics, Samsung Display Co. Ltd, Coherent Inc., Truly International Holdings, Japan Display Inc., Royole Corporation, Tecno Mobile, Visionox Technology Inc., Anders Electronics Plc., EverDisplay Optronics (EDO), Semiconductor Energy Laboratory Co. Ltd.

Europe was the largest region in the foldable AMOLED market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the foldable AMOLED market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the foldable AMOLED market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Foldable AMOLED is a flexible display technology that allows screens to bend or fold without breaking. It utilizes organic compounds to produce light and is controlled by a matrix of thin-film transistors. This technology is commonly found in modern smartphones, tablets, and other portable devices, enabling new form factors and enhancing durability.

The main types of foldable AMOLED are active-matrix organic light-emitting diode (AMOLED) and passive matrix OLED (PMOLED). Active-matrix OLED uses a thin-film transistor (TFT) array to control each pixel individually, resulting in faster response times and higher refresh rates. These displays can be made using materials such as glass, metal, and plastic, making them suitable for various applications such as smartphone displays, tablets, notebooks, and wearable displays.

The foldable AMOLED market research report is one of a series of new reports that provides foldable AMOLED market statistics, including the foldable AMOLED industry global market size, regional shares, competitors with the foldable AMOLED market share, detailed foldable AMOLED market segments, market trends, and opportunities, and any further data you may need to thrive in the foldable AMOLED industry. These foldable AMOLED market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The foldable AMOLED market consists of sales of in-folding displays, dual-folding displays, and rollable displays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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