According to the research report, the global AMOLED display market in 2019 is approximately USD 32.6 Billion and is anticipated to reach around USD 167 Billion by 2026. The anticipated CAGR for the AMOLED display market is around 26% from 2020 to 2026.
AMOLED (active-matrix organic light-emitting diode) consists of a TFT (thin-film-transistor) display in which the organic compounds form the electroluminescent material. TFT displays are used to control the flow of current through pixels of active-matrix OLED that generates images. The market is expected to move towards AMOLED displays as it is catered with HD displays which offer more crystal clear images.
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Keeping in mind the environmental policies around the globe, components used in the production of AMOLED displays are degradable and this has given the market a clean sweep from various environmental regulatory agencies. AMOLEDs are preferred because of their thinner, lighter, and simpler structure over LCDs. The quality of pictures and images offered by AMOLED is of ultrahigh quality. The major factors that will drive this market are the faster response time, wide visual angles, better color saturation, and high contrast ratio of AMOLEDs. Considering all these factors and the growing use of AMOLED panels in smartphones and TVs is expected to drive the market for the forecast period. The widespread use of AMOLED display panels across various verticals such as consumer electronics, automotive displays, and others. Smartphone’s, laptops, television, tablets, and play stations are some of the major areas where AMOLEDs are used on a very large scale. AMOLED display panels are prone to screen burn-in, which causes permanent discoloration of the panels, thus hampering the early adoption in the market. Production inefficiency and low yield rate are also the challenges before this market. Some companies are coming up with their own more advanced version such as super AMOLED, HD AMOLED, Quad HD AMOLED, and others; thereby expecting more growth opportunities and investments in this market.
Industry Major Market Players
- Samsung Display Co. Ltd
- LG Display Co. Ltd
- Japan Display Inc.
- Panasonic Corp
- Sharp Corp
- AU Optronics Corp
- Dresden Microdisplay
- Beijing Opto-Electronics
- Chimei Innolux Corp.
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AMOLED technology is used mainly in mobiles and televisions. AMOLED displays are thinner and lighter as compared to LED’s and LCD’s. Moreover, AMOLEDs consume less power and they don’t need backlighting like LCDs because they generate light themselves. These are the drivers that are expected to drive the AMOLED display market for the forecast period. The major driving factor of AMOLED display is expected to be a tremendous increase in the use of mobile smartphones globally. The use of AMOLEDs is not just limited to mobile smartphones; they are widely used in various other consumer electronic devices, tablets, portable gaming devices, digital cameras, camcorders, and others. Some of the unique advantages of AMOLEDs are that they offer ultrahigh quality pictures as well as reduce the weight of the device; thus making it lighter and easy to handle.
The AMOLED display market is segmented on the basis of application, display, and region. Application wise they are used in digital cameras, gaming consoles, smartphones, tablets, television, and other consumer electronic devices. Wearable devices such as smartwatches are a product segment where AMOLED is anticipated to gain market share during the forecast period. On a display basis, it is segmented into rigid, flexible, and transparent. Whereas region-wise the segmentation is North America, Asia Pacific, Latin America, Europe, and the Middle East, and Africa. Major countries include the U.S., Canada, UK, France, Germany, China, Japan, India, South Korea, and Brazil.
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This report segments the AMOLED display market as follows:
Global AMOLED Display Market: By Application Segment Analysis
- Mobile Smartphones
- Digital Cameras
Global AMOLED Display Market: By Display Type Segment Analysis
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