PMOLED Market Research Report - Global Forecast till 2027

Global PMOLED Market Research Report: by Type (Transparent PMOLED, Flexible PMOLED), by End User (Display(Television, Smartphone, Tablets & Laptop, Automotive Display, Others), Lighting), by Application (Residential, Commercial, Industrial) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) - Forecast till 2027

ID: MRFR/SEM/6915-HCR | February 2021 | Region: Global | 111 pages

Please note that the assessment period of report has been updated from 2019-2025 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


The global market for PMOLED was valued at USD 1.8 billion in 2018; it is expected to reach USD 6.3 billion by the end of the forecast period at a CAGR of 19.7%.


Passive Matrix Organic Light Emitting Diode (PMOLED) is a type of OLED which uses a simple system to control each row in the display. Pixels of a PMOLED are mostly off because they do not contain storage capacitors. PMOLED need more voltage to offer more brightness as compared to any other light. PMOLED displays are generally small in size and mainly used in wearable devices, small gadgets, and sub displays. In recent years, PMOLED displays are gaining popularity because of color vibrancy, unique contrasts, and high resolution. In addition, this type of PMOLEDs are used for industrial applications in replacement of passive LCDs in displays. PMOLEDs run on a self-illuminating technology which eliminates the need for backlighting the display module. The PMOLEDs display the same level of contrast from all the sides which is in 2000:1 pixel ratio. Moreover, PMOLEDs are extremely energy efficient and mainly used for low-power applications.  


Advances in OLED technology, addition of new features, and growing investments in the development of PMOLED technology are expected to drive the PMOLED market during the forecast period. However, low market acceptance of PMOLED technology is expected to restrain the market during forecast period. The increasing number of applications and adoption in AR/VR headsets are expected to create an opportunity for PMOLED market in coming years.


Key Developments



  • In July 2019, Sony Corporation launched Bravia A9G 4K OLED TV in India to offer top-class viewing experience. This new model comes with Netflix calibrated mode, HDR, and Dolby Vision.



  • In October 2017, WiseChip Semiconductor Inc. started mass production of In-Cell Touch PMOLED displays. These PMOLEDs are thinner and lighter as compared to current Touch PMOLED.



  • In September 2016, Sharp Corporation invested USD 570 million in research and development of OLED screens. 


Segmentation


The global PMOLED market has been segmented based on type, end user, application, and region.


By type, the PMOLED market has been segmented into transparent PMOLED and flexible PMOLED.


By end user, the PMOLED market has been segmented into residential, commercial, and industrial.


By application, the PMOLED market has been segmented into display and lighting. The display segment has further segmented into television, smartphone, tablets & laptop, automotive displays, and others.


By region, the PMOLED market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.


Regional Analysis


Globally, the PMOLED market has been categorized into five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Asia-Pacific is expected to dominate the PMOLED market during the forecast period. The presence of global players such as Sony Corporation, Panasonic Corporation, and WiseChip Semiconductor Inc. are expected to dominate the PMOLED market in this region. Growing population and increasing adoption of wearable technologies is also expected to drive the PMOLED market during the forecast period.


North America is expected to be at the second position and grow at a faster rate during the forecast period due to various infrastructure development projects and early adoption of the latest technologies across the region. The US and Canada are expected to dominate the PMOLED market during the forecast period.


Europe is expected to occupy the third position in terms of market share due to government initiatives fueling the production of lighting control systems and growing adoption of PMOLEDs in the industrial sector is expected to drive the PMOLED market in this region. Germany is expected to dominate the PMOLED market during the forecast period wherein the UK, France, and Italy are expected to grow at a higher rate during forecast period.


Global PMOLED Market, USD Billion
 PMOLED Market


 Source: MRFR Analysis


Competitive landscape


The global PMOLED market consists of various global, regional, and local service providers who are continuously evolving their product portfolio to enhance their market position. The major players are likely to strengthen their presence worldwide through mergers and acquisitions of local and regional players for expanding the reach of their solutions during the review period. Improvements in the global economic scenario combined with technological advancements in the emerging economies in India, South Africa, China, Brazil, and Argentina, are likely to fuel the market growth, making it an ideal time for the vendors to expand the PMOLED market to untapped geographies and increase the market share.   


Therefore, vendors must develop new technologies and stay abreast of emerging technologies that could affect the continuing competitiveness of their product lines in the market.


Key Players


The key players in the PMOLED market are US Micro Products (US), Visionox (China), Sony Corporation (Japan), Panasonic Corporation. (Japan), Samsung Electronics (South Korea),  Apple Inc (US), Accelopment AG (Switzerland), Raystar Optronics Inc (Taiwan), Japan Display (Japan), LG Display (South Korea), WiseChip Semiconductor Inc.(Taiwan), and Sharp Corporation (Japan) among others.


Intended Audience



  • Component Manufacturers

  • Semiconductor Vendors

  • System Integrators

  • Distribution Centers

  • Software Developers

  • Manufacturing Companies

  • Research Institutes and Organizations

  • Technology Standards Organizations



Frequently Asked Questions (FAQ) :


The global PMOLED market is poised to register a substantial market value of USD 6.3 billion.

The global PMOLED market registered a substantial market value of USD 1.8 billion in 2018.

There are two types of PMOLED systems – transparent PMOLED and flexible PMOLED.

The residential segment has the maximum application of PMOLED systems.

The PMOLED market is estimated to expand at a substantial 19.7% CAGR over the review period (2017-2023).

Table of Contents

1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global PMOLED Market, by Type

1.1.2. Global PMOLED Market, by Application

1.1.3. Global PMOLED Market, by End User

1.1.4. Global PMOLED Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Macro Factor Indicator Analysis

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.2.1. Drivers Impact Analysis

4.3. Restraints

4.3.1. Restraints Impact Analysis

4.4. Opportunities

4.5. Technological Developments

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis/Supply Chain Analysis

5.2. Porter’s Five Forces Model

5.2.1. Bargaining Power of Suppliers

5.2.2. Bargaining Power of Buyers

5.2.3. Threat of New Entrants

5.2.4. Threat of Substitutes

5.2.5. Intensity of Rivalry

5.3. Pricing Trend Analysis

6. GLOBAL PMOLED MARKET, BY TYPE

6.1. Overview

6.2. Transparent PMOLED

6.2.1. Market Estimates & Forecast, 2020–2027

6.3. Flexible PMOLED

6.3.1. Market Estimates & Forecast, 2020–2027

7. GLOBAL PMOLED MARKET, BY APPLICATION

7.1. Overview

7.2. Display

7.2.1. Market Estimates & Forecast, 2020–2027

7.2.2. Television

7.2.2.1. Market Estimates & Forecast, 2020–2027

7.2.3. Smartphones

7.2.3.1. Market Estimates & Forecast, 2020–2027

7.2.4. Tablets & Laptop

7.2.4.1. Market Estimates & Forecast, 2020–2027

7.2.5. Automotive Display

7.2.5.1. Market Estimates & Forecast, 2020–2027

7.2.6. Others

7.2.6.1. Market Estimates & Forecast, 2020–2027

7.3. Lighting

7.3.1. Market Estimates & Forecast, 2020–2027

8. GLOBAL PMOLED MARKET, BY END USER

8.1. Overview

8.2. Residential

8.2.1. Market Estimates & Forecast, 2020–2027

8.3. Commercial

8.3.1. Market Estimates & Forecast, 2020–2027

8.4. Industrial

8.4.1. Market Estimates & Forecast, 2020–2027

9. GLOBAL PMOLED MARKET, BY REGION

9.1. Overview

9.2. North America

9.2.1. Market Estimates & Forecast, by Country, 2020–2027

9.2.2. Market Estimates & Forecast, by Type, 2020–2027

9.2.3. Market Estimates & Forecast, by Application, 2020–2027

9.2.4. US

9.2.4.1. Market Estimates & Forecast, by Type, 2020–2027

9.2.4.2. Market Estimates & Forecast, by Application, 2020–2027

9.2.4.3. Market Estimates & Forecast, by End User, 2020–2027

9.2.5. Canada

9.2.5.1. Market Estimates & Forecast, by Type, 2020–2027

9.2.5.2. Market Estimates & Forecast, by Application, 2020–2027

9.2.5.3. Market Estimates & Forecast, by End User, 2020–2027

9.2.6. Mexico

9.2.6.1. Market Estimates & Forecast, by Type, 2020–2027

9.2.6.2. Market Estimates & Forecast, by Application, 2020–2027

9.2.6.3. Market Estimates & Forecast, by End User, 2020–2027

9.3. Europe

9.3.1. Market Estimates & Forecast, by Country, 2020–2027

9.3.2. Market Estimates & Forecast, by Type, 2020–2027

9.3.3. Market Estimates & Forecast, by Application, 2020–2027

9.3.4. Market Estimates & Forecast, by End User, 2020–2027

9.3.5. UK

9.3.5.1. Market Estimates & Forecast, by Type, 2020–2027

9.3.5.2. Market Estimates & Forecast, by Application, 2020–2027

9.3.5.3. Market Estimates & Forecast, by End User, 2020–2027

9.3.6. Germany

9.3.6.1. Market Estimates & Forecast, by Type, 2020–2027

9.3.6.2. Market Estimates & Forecast, by Application, 2020–2027

9.3.6.3. Market Estimates & Forecast, by End User, 2020–2027

9.3.7. France

9.3.7.1. Market Estimates & Forecast, by Type, 2020–2027

9.3.7.2. Market Estimates & Forecast, by Application, 2020–2027

9.3.7.3. Market Estimates & Forecast, by End User, 2020–2027

9.3.8. Rest of Europe

9.3.8.1. Market Estimates & Forecast, by Type, 2020–2027

9.3.8.2. Market Estimates & Forecast, by Application, 2020–2027

9.3.8.3. Market Estimates & Forecast, by End User, 2020–2027

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, by Country, 2020–2027

9.4.2. Market Estimates & Forecast, by Type, 2020–2027

9.4.3. Market Estimates & Forecast, by Application, 2020–2027

9.4.4. Market Estimates & Forecast, by End User, 2020–2027

9.4.5. China

9.4.5.1. Market Estimates & Forecast, by Type, 2020–2027

9.4.5.2. Market Estimates & Forecast, by Application, 2020–2027

9.4.5.3. Market Estimates & Forecast, by End User, 2020–2027

9.4.6. Japan

9.4.6.1. Market Estimates & Forecast, by Type, 2020–2027

9.4.6.2. Market Estimates & Forecast, by Application, 2020–2027

9.4.6.3. Market Estimates & Forecast, by End User, 2020–2027

9.4.7. India

9.4.7.1. Market Estimates & Forecast, by Type, 2020–2027

9.4.7.2. Market Estimates & Forecast, by Application, 2020–2027

9.4.7.3. Market Estimates & Forecast, by End User, 2020–2027

9.4.8. Rest of Asia-Pacific

9.4.8.1. Market Estimates & Forecast, by Type, 2020–2027

9.4.8.2. Market Estimates & Forecast, by Application, 2020–2027

9.4.8.3. Market Estimates & Forecast, by End User, 2020–2027

9.5. The Rest of the World

9.5.1. Market Estimates & Forecast, by Country, 2020–2027

9.5.2. Market Estimates & Forecast, by Type, 2020–2027

9.5.3. Market Estimates & Forecast, by Application, 2020–2027

9.5.4. Market Estimates & Forecast, by End User, 2020–2027

9.5.5. Middle East & Africa

9.5.5.1. Market Estimates & Forecast, by Type, 2020–2027

9.5.5.2. Market Estimates & Forecast, by Application, 2020–2027

9.5.5.3. Market Estimates & Forecast, by End User, 2020–2027

9.5.6. South America

9.5.6.1. Market Estimates & Forecast, by Type, 2020–2027

9.5.6.2. Market Estimates & Forecast, by Application, 2020–2027

9.5.6.3. Market Estimates & Forecast, by End User, 2020–2027

10. COMPETITIVE LANDSCAPE

10.1. Competitive Overview

10.2. Competitive Benchmarking

10.3. Major Players Market Share Analysis, 2020 (%)

10.4. Key Developments & Growth Strategies

11. COMPANY PROFILES

11.1. US Micro Products

11.1.1. Company Overview

11.1.2. Financial Overview

11.1.3. Products Offered

11.1.4. Key Developments

11.1.5. SWOT Analysis

11.1.6. Key Strategies

11.2. Visionox

11.2.1. Company Overview

11.2.2. Financial Overview

11.2.3. Products Offered

11.2.4. Key Developments

11.2.5. SWOT Analysis

11.2.6. Key Strategies

11.3. Sony Corporation

11.3.1. Company Overview

11.3.2. Financial Overview

11.3.3. Products Offered

11.3.4. Key Developments

11.3.5. SWOT Analysis

11.3.6. Key Strategies

11.4. Panasonic Corporation

11.4.1. Company Overview

11.4.2. Financial Overview

11.4.3. Products Offered

11.4.4. Key Developments

11.4.5. SWOT Analysis

11.4.6. Key Strategies

11.5. Samsung Electronics

11.5.1. Company Overview

11.5.2. Financial Overview

11.5.3. Products Offered

11.5.4. Key Developments

11.5.5. SWOT Analysis

11.5.6. Key Strategies

11.6. Apple Inc.

11.6.1. Company Overview

11.6.2. Financial Overview

11.6.3. Products Offered

11.6.4. Key Developments

11.6.5. SWOT Analysis

11.6.6. Key Strategies

11.7. Accelopment AG

11.7.1. Company Overview

11.7.2. Financial Overview

11.7.3. Products Offered

11.7.4. Key Developments

11.7.5. SWOT Analysis

11.7.6. Key Strategies

11.8. Raystar Optronics Inc

11.8.1. Company Overview

11.8.2. Financial Overview

11.8.3. Products Offered

11.8.4. Key Developments

11.8.5. SWOT Analysis

11.8.6. Key Strategies

11.9. Japan Display

11.9.1. Company Overview

11.9.2. Financial Overview

11.9.3. Products Offered

11.9.4. Key Developments

11.9.5. SWOT Analysis

11.9.6. Key Strategies

11.10. LG Display

11.10.1. Company Overview

11.10.2. Financial Overview

11.10.3. Products Offered

11.10.4. Key Developments

11.10.5. SWOT Analysis

11.10.6. Key Strategies

11.11. Sharp Corporation

11.11.1. Company Overview

11.11.2. Financial Overview

11.11.3. Products Offered

11.11.4. Key Developments

11.11.5. SWOT Analysis

11.11.6. Key Strategies

11.12. WiseChip Semiconductor Inc.

11.12.1. Company Overview

11.12.2. Financial Overview

11.12.3. Products Offered

11.12.4. Key Developments

11.12.5. SWOT Analysis

11.12.6. Key Strategies

12. APPENDIX

12.1. List of Abbreviation

12.2. Related Research Market Study


LIST OF TABLES

Table 1 Global PMOLED Market, by Type, 2020–2027

Table 2 Global PMOLED Market, by Application, 2020–2027

Table 3 Global PMOLED Market, by End User, 2020–2027

Table 4 Global PMOLED Market, by Region, 2020–2027

Table 5 North America: PMOLED Market, by Country, 2020–2027

Table 6 North America: PMOLED, Market, by Type, 2020–2027

Table 7 North America: PMOLED, Market, by Application, 2020–2027

Table 8 North America PMOLED Market, by End User, 2020–2027

Table 9 US: PMOLED Market, by Type, 2020–2027

Table 10 US: PMOLED Market, by Application, 2020–2027

Table 11 US: PMOLED Market, by End User, 2020–2027

Table 12 Canada: PMOLED, Market, by Type, 2020–2027

Table 13 Canada: PMOLED, Market, by Application, 2020–2027

Table 14 Canada: PMOLED Market, by End User, 2020–2027

Table 15 Mexico: PMOLED, Market, by Type, 2020–2027

Table 16 Mexico: PMOLED, Market, by Application, 2020–2027

Table 17 Mexico: PMOLED Market, by End User, 2020–2027

Table 18 Europe: PMOLED Market, by Country, 2020–2027

Table 19 Europe: PMOLED Market, by Type, 2020–2027

Table 20 Europe: PMOLED Market, by Application, 2020–2027

Table 21 Europe: PMOLED Market, by End User, 2020–2027

Table 22 Germany: PMOLED Market, by Type, 2020–2027

Table 23 Germany: PMOLED Market, by Application, 2020–2027

Table 24 Germany: PMOLED Market, by End User, 2020–2027

Table 25 France: PMOLED Market, by Type, 2020–2027

Table 26 France: PMOLED Market, by Application, 2020–2027

Table 27 France: PMOLED Market, by End User, 2020–2027

Table 28 UK: PMOLED Market, by Type, 2020–2027

Table 29 UK: PMOLED Market, by Application, 2020–2027

Table 30 UK: PMOLED Market, by End User, 2020–2027

Table 31 Spain: PMOLED Market, by Type, 2020–2027

Table 32 Spain: PMOLED Market, by Application, 2020–2027

Table 33 Spain: PMOLED Market, by End User, 2020–2027

Table 34 Italy: PMOLED Market, by Type, 2020–2027

Table 35 Italy: PMOLED Market, by Application, 2020–2027

Table 36 Italy: PMOLED Market, by End User, 2020–2027

Table 37 Asia-Pacific: PMOLED Market, by Country, 2020–2027

Table 38 Asia-Pacific: PMOLED Market, by Type, 2020–2027

Table 39 Asia-Pacific: PMOLED Market, by Application, 2020–2027

Table 40 Asia-Pacific: PMOLED Market, by End User, 2020–2027

Table 41 China: PMOLED Market, by Type, 2020–2027

Table 42 China: PMOLED Market, by Application, 2020–2027

Table 43 China: PMOLED Market, by End User, 2020–2027

Table 44 Japan: PMOLED Market, by Type, 2020–2027

Table 45 Japan: PMOLED Market, by Application, 2020–2027

Table 46 Japan: PMOLED Market, by End User, 2020–2027

Table 47 India: PMOLED Market, by Type, 2020–2027

Table 48 India: PMOLED Market, by Application, 2020–2027

Table 49 India: PMOLED Market, by End User, 2020–2027

Table 50 Rest of Asia-Pacific: PMOLED Market, by Type, 2020–2027

Table 51 Rest of Asia-Pacific: PMOLED Market, by Application, 2020–2027

Table 52 Rest of Asia-Pacific: PMOLED Market, by End User, 2020–2027

Table 53 Rest of the World: PMOLED Market, by Country, 2020–2027

Table 54 Rest of the World: PMOLED Market, by Type, 2020–2027

Table 55 Rest of the World: PMOLED Market, by Application, 2020–2027

Table 56 Rest of the World: PMOLED Market, by End User, 2020–2027


LIST OF FIGURES

FIGURE 1 Global PMOLED Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of the Global PMOLED Market

FIGURE 4 Value Chain of the Global PMOLED Market

FIGURE 5 Share of the Global PMOLED Market in 2020, by Country (in %)

FIGURE 6 Global PMOLED Market, 2020–2027

FIGURE 7 Sub-Segments of Type

FIGURE 8 Global PMOLED Market Size, by Type, 2020

FIGURE 9 Share of the Global PMOLED Market, by Type, 2020 to 2027

FIGURE 10 Sub-Segments of Application

FIGURE 11 Global PMOLED Market Size, by Application, 2020

FIGURE 12 Share of the Global PMOLED Market, by Application, 2020 to 2027

FIGURE 13 Sub-Segments of End User

FIGURE 14 Global PMOLED Market Size, by End User, 2020

FIGURE 15 Share of the Global PMOLED Market, by End User, 2020 to 2027