Shipments of transformable displays are expected to reach 117.7 million units in 2029 with a 2.7 percent share of total flat panel display market, according to the latest research from Omdia.
Omdia defines transformable displays in terms of bending radius and transmittance, and categorizes as bendable, foldable, rollable, stretchable, and transparent displays.

Foldable display is expected to be the highest developing form factor up to 2029, due to its expansion through premium smartphone applications. Foldable display shipments are expected to increase to 107.5 million units in 2029 with a 2.5 percent share of total flat panel display market, and the CAGR will be 28 percent from 2022 to 2029.

OLED (Organic Light Emitting Diode) display is expected to be the most spotlighted technology than any other transformable display. OLED display is self-emissive and thin structured which can be flexible and transparent and allows the design of various transformable display such as foldable display.

“LCD (Liquid Crystal Display) continues to dominate the transparent display market in terms of shipment area, due to its popularity in the showcase and cooler market where the light source can be embedded,” Jerry Kang, Omdia Research Manager, said.