AMOLED Display market expands from US$64.54 billion in 2023 to US$324.24 billion by 2030, with a 25.9% CAGR, due to growing demand in the downstream market.
The world we interact with is becoming increasingly visual. From smartphones and laptops to smartwatches and televisions, high-quality displays are essential for our digital experiences. They allow us to consume content, connect with loved ones, and work productively. In this ever-evolving landscape, display technology plays a pivotal role in shaping how we see and interact with information. Among the various display technologies available, AMOLED (Active-Matrix Organic Light-Emitting Diode) displays are rapidly gaining prominence, captivating users with their vibrant colors, deep blacks, and superior image quality. This article delves into the global AMOLED display market, exploring its growth drivers, challenges, and exciting future prospects.
According to our publisher’s latest study, the global AMOLED Display market size was valued at US$ 64540 million in 2023. With growing demand in downstream market, the AMOLED Display is forecast to a readjusted size of US$ 324240 million by 2030 with a CAGR of 25.9% during review period.
The research report highlights the growth potential of the global AMOLED Display market. AMOLED Display are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of AMOLED Display. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the AMOLED Display market.
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An AMOLED display consists of an active matrix of OLED pixels generating light (luminescence) upon electrical activation that have been deposited or integrated onto a thin-film-transistor (TFT) array, which functions as a series of switches to control the current flowing to each individual pixel.
Global AMOLED Display key players include SMD, LGD, etc. Global top two players hold a share about 90%.
South Korea is the largest market, with a share about 80%, followed by Japan and China, having a total share about 7 percent.
In terms of product, the segment of the product includes Active-Matrix Organic Light-Emitting Diode(AMOLED Display) and Passive Matrix OLED(PMOLED). And in terms of application, the application includes Smartphone, smart watch ,Wearable device, digital cameras, TV sets and MP3 players, radio decks for automobiles, small devices.
Key Features:
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Manmayi Raval
Research Consultant
The report on AMOLED Display market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the AMOLED Display market. It may include historical data, market segmentation by Type (e.g., Active-Matrix Organic Light-Emitting Diode(AMOLED Display), Passive Matrix OLED(PMOLED)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the AMOLED Display market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
AMOLED Display Market Dynamics: Illumination on the Future
The global AMOLED display market shines bright, driven by several key factors:
Market Drivers:
• Superior Viewing Experience: AMOLED displays offer unmatched viewing angles, high contrast ratios, and deeper blacks compared to traditional LCD screens. This superior visual quality fuels consumer demand for a more immersive smartphone and device experience.
• Energy Efficiency: AMOLED displays consume less power compared to LCDs, especially when displaying dark content. This translates to longer battery life for smartphones and other portable devices.
Market Challenges:
• Burn-in Risks: While less common than in the past, AMOLED displays are still susceptible to image burn-in if static images are displayed for extended periods.
• Limited Color Gamut (for some models): While improving, some AMOLED displays might have a slightly narrower color gamut compared to high-end LCD panels.
Market Trends:
• Foldable Displays: The rise of foldable smartphones heavily relies on AMOLED technology due to its flexibility. This trend is expected to propel market growth.
• High Refresh Rates: Displays with higher refresh rates (120Hz and above) are gaining traction, offering smoother visuals and enhanced user experience. AMOLED technology is well-suited for these advancements.
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Competitive Landscape: The research report provides analysis of the competitive landscape within the AMOLED Display market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the AMOLED Display industry. This include advancements in AMOLED Display technology, AMOLED Display new entrants, AMOLED Display new investment, and other innovations that are shaping the future of AMOLED Display.
• Transparent AMOLEDs: Technologies are emerging to create transparent AMOLED displays, paving the way for advancements in augmented reality (AR) glasses and other futuristic applications.
• High-Resolution and Refresh Rates: Continuous improvements in pixel density and refresh rates are pushing the boundaries of image quality, creating smoother visuals and enhanced user experiences for gaming and high-definition content consumption.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the AMOLED Display market. It includes factors influencing customer ' purchasing decisions, preferences for AMOLED Display product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the AMOLED Display market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting AMOLED Display market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the AMOLED Display market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the AMOLED Display industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
• Growth Trajectory: Analysts predict a strong upward trend, with a Compound Annual Growth Rate (CAGR) exceeding 15% reaching a market size of over $90 billion by 2032 [1, 2].
• Driving Forces: The demand for high-resolution, flexible, and energy-efficient displays in smartphones, tablets, laptops, and smart wearables will continue to propel market growth.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the AMOLED Display market.
• Foldable and Flexible Displays: The growing demand for foldable smartphones and innovative display formats like wearables creates a strong market pull for AMOLED technology due to its flexibility and thin profile.
• Superior Viewing Experience: Consumers' preference for high-resolution, vivid colors, and deep blacks offered by AMOLED displays is a key driver of market growth.
Market Segmentation:
AMOLED Display market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Smartphone, smart watch ,Wearable device, digital cameras, TV sets
MP3 players, radio decks for automobiles, small devices
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SMD
LGD
SONY
Futaba Corporation
Sichuan CCO Display Technology
RITEK
Visionox
JOLED
EDO
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global AMOLED Display Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for AMOLED Display by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for AMOLED Display by Country/Region, 2019, 2023 & 2030
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