ID: MRFR/SEM/2798-HCR | February 2021 | Region: Global | 100 pages
AMOLED Display Market Overview:
Active Matrix Organic Light Emitting Diode or AMOLED is an energy-efficient display object that blends the technology used in the manufacturing of TFT and OLED displays. AMOLED displays are gaining popularity among smartphones, tabs, and computer screens. These are also utilized in the making of televisions as it provides high-resolution pictures. AMOLED display phones can provide a high-resolution picture quality, and also provides a user-friendly interface with smooth-touch and configuration properties. It also has adjustable brightness.
AMOLED Display Market is anticipated to increase at a faster rate in the coming future. The AMOLED Display market is expected to grow at approximately USD 14 Billion by 2023, at 18% of CAGR between 2017 and 2023.
COVID 19 Analysis:
People across the globe are suffering from the COVID19. It has adversely affected the functioning of all the industries, except for the pharmaceutical industry. There has been a complete lockdown in almost every nation. The borders are sealed, which means there will be no travel possible across borders soon. The businesses are also being shut down.
This has adversely affected the AMOLED Displays Market. It is expected that post the Covid19 situation, Global Flexible AMOLED Display Market will grow tremendously. This owns to the fact that most of the AMOLED display companies are based in China, where the Coronavirus was first confronted. This has postponed all the manufacturing and operational activities related to OLED Display Market.
The major factor affecting the growth of AMOLED display is the monumental growth of smartphones and the television market. AMOLED screens are pencil-thin. They are fine and delicate more than the LEDs and LCDs. It is possible to adjust them in any shape and size as per the requirement.
AMOLED displays are flexible and adjustable. Thus, AMOLED screens are also giving a boost to the Foldable Display Market. They make the touch functions in a smartphone easier and more smooth. Due to this, they are in high demand. These are also used in the manufacturing of gaming devices and head-mounted devices.
There is tough competition in the global AMOLED display market. The major key players are holding the largest market share. Also, there are new arrivals every day in the market. Due to technological advances, the methods and materials used for manufacturing get obsolete. Businesses have to update and upgrade their techniques continuously so that their products remain in demand and not become old-fashioned. There is inflation in the production cost as the manufacturing operations are complicated.
Value Chain Analysis:
Super AMOLED display provides the information, or images, in high resolution. These are being popularly used in head-mounted displays, smartwatches, smartphones, notebooks, computers, laptops, and others. The demand for AMOLED displays has rapidly increased because they are portable in size and are user-friendly. They consume less energy and do not encounter heat-up problems. The key players in the global AMOLED display market are making technological advances frequently so that the consumers could use advanced products. They are trying to lower the total cost of production so that the end product is economically priced.
AMOLED Display Market can be divided into various segments. These are based on display type, based on application, and based material.
Based on display type:
The display types that are available in the market are conventional, transparent, flexible, and 3D. The flexible and 3D type display is expected to take over the conventional displays shortly. This owns to the obsoleteness of the technology involved in manufacturing conventional displays.
Based on material used:
Generally, three different materials are used in the production of AMOLED displays. These are, namely, polymer, a glass substrate, and glass.
Based on application:
The various industries that use AMOLED displays include the medical industry, electronics, retail, and commercial industry, automotive industry, aerospace industry, military, and defense industry. These are also used in the sector of education.
AMOLED Display Market Size is increasing with every passing day. It is leaving its impression in every corner of the world. The regions where they are operating include America, Europe, Asia-pacific, and the rest of the world.
America, which includes the area of North America (the US and Canada) and Latin America, is the largest hub for manufacturing as well as consumption of AMOLED microdisplays. This owns to the rise population and its demand for advanced consumer products.
The European region, which includes Germany, UK, France, Russia, and Italy, is also expanding its market of AMOLED displays. This owns to the rise in demand for smartphones, tablets, and monitor screens. The growing automotive industry has also led to a rise in demand for AMOLED displays and their related products. The car play systems installed in cars are made up of AMOLED screens.
Asia-Pacific region, which includes China, Japan, India, Australia, and South Korea, is growing tremendously because of the increasing demand for AMOLED displays for head-mounted devices, smartwatches, smartphones, notebooks, computers, laptops, and others. China, Japan, and South Korea hold the largest market share because leading manufacturing companies are located in this region.
The rest of the world, which includes the region of the Middle East and Africa, is growing at a slower but constant rate. This owns to lower economic development. ROW region is steadily becoming a potential consumer due to the rise in the standard of living of the residents.
The list of major global key players and AMOLED display manufacturers is as follows:
The above-listed companies come together in joint ventures, mergers and, acquisitions to make technological advancements. Their main objective is to develop end-products that are cost-effective, proficient in working and can deliver accurate solutions to the problems.
The various recent activities found in Global Flexible AMOLED Display Market are as follows:
This AMOLED Display Market Report includes the following elements:
This research report, on the global market of AMOLED Display Market, provides a thorough analysis of its usage and its market trends. Active Matrix Organic Light Emitting Diode or AMOLED is an energy-efficient display object that blends the technology used in the manufacturing of TFT and OLED displays. The global AMOLED Display Market will rise with a CAGR of 10.68% by the year 2023. AMOLED displays are flexible and adjustable. Thus, AMOLED screens are also giving a boost to the Foldable Display Market. Different materials are used in the production of AMOLED displays are polymer, a glass substrate, and glass.
Frequently Asked Questions (FAQ) :
The global AMOLED display market is poised to register a market value of USD 14 billion at a CAGR of approximately 18% over the review period (2017-2023).
The increasing demand for AMOLED display from the consumer electronics industry, coupled with the integration of innovative technological advancement along with the growing focus on AMOLED regulation, is creating opportunities for market players.
The North America region holds the largest share of the market across the globe, followed by Europe and the Asia Pacific region. The U.S. and Canada are contributing substantially towards the North America market share.
The global AMOLED display market is analyzed based on type and application, wherein the BFSI application segment is expected to witness maximum demand over the review period.
A few significant players in the global AMOLED display market are LG Display (Korea), Sharp Corp. (Japan), Panasonic (Japan), AU Optronics (Taiwan), Samsung Display (Korea), and Sony Corporation (Japan) among others.