Press release
AMOLED Display Market 2018 Global Key Leaders by AU Optronics, Beijing, Chimei Innolux, Dresden, LG, Panasonic, Samsung by Forecast to 2023
Japan Display Inc. one of the key player in AMOLED display market. It has manufactured a range of OLED product that comprise of OLED display, panels, TV Display, smartphone screen and others. It is primarily focusing on the latest display technology that includes OLED and AMOLED. Panasonic Corporation is the significant player in the AMOLED display market is has recently launched a range of smartphones that comprise of AMOLED display screen. Sharp Corp is about to launch its OLED TV panels. The AMOLED display market is growing rapidly because of the advancements in the lighting components and numerous application in various fields. AMOLED display is replacing traditional LCD and LED display technology.
By application the AMOLED display market consists of automotive, retail, consumer electronics, healthcare and others. AMOLED displays are used in interior designs of modern cars. Domed AMOLED display are used in modern luxury vehicles that enable drivers experience in driving. AMOLED display technology has wide application in consumer electronics product owing to its numerous advantages that include high intensity of brightness, high energy efficiency, low radiated heat, high reliability, consume less power when bright colors are to be displayed.
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According to Market Research Future Analysis, global AMOLED Display market has been valued at approximately USD 14 Billion by the end of forecast period with approx. 18% of CAGR during forecast period 2017 to 2023.
AMOLED Display Market Key Players:
Market Research Future (MRFR) recognizes the following companies as the key players in the AMOLED display market – AU Optronics (Taiwan), Beijing Opto-Electronics (China), Chimei Innolux Corp. (Taiwan), Dresden Microdisplay (Germany), Japan Display (Japan), LG Display (Korea), Panasonic (Japan), Samsung Display (Korea), Sharp Corp. (Japan), and Sony Corporation (Japan) among others.
AMOLED Display Market Segmentation
The AMOLED display market has been segmented on the basis of display type, material and application. On basis of application the amoled display consists of consumer electronics, automotive, retail, healthcare and others. Smartphones account for highest market share in AMOLED display market. AMOLED technology is used in consumer electronics market owing to its dynamic properties that includes delivery of ultra-high quality pictures, less power consumption and the material properties contributing towards minimizing the weight of the device.
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Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
By display segment, it consists of conventional, flexible, 3D and transparent. AMOLED display market consists of display screen. With its innovative AMOLED screen display in interior design for modern cars new opportunities for creative, energy-efficient display technology in shops, public buildings, hotels and restaurants, as well as in industry. AMOLED screens is used in outdoor premises, the latest technology and guarantee not only excellent manufacturing standards but also exceptional lighting quality, for example, in illumination of facades or outdoor areas. Fluorescent emergency lighting system is adopted as a required safety feature within business premises. It is mostly used in mobile phones owing to its dynamic properties that include high intensity of brightness, high energy efficiency, low radiated heat, high reliability, consume less power when bright colors are to be displayed.
By region, MRFR analysis shows that Asia-Pacific region accounts for largest market in AMOLED display market, because major semiconductor device manufacturers are present in this region. Emerging economy from developing countries such as China and Japan have wide adoption of AMOLED display technology owing to growing safety concerns and invention in higher technologies that includes flame proof specification and efficient energy used through AMOLED screen. Europe region is showing considerable growth in AMOLED display market owing to the high demand for AMOLED Display in automotive and retail sector is the major factor in surging the market growth in this region.
AMOLED Display Market Research Analysis:
Regional analysis for AMOLED display market is studied in different geographic regions as North America Europe, Asia-Pacific and Rest of World. European market is expected to be one of the prominent player due to demand for new display technology and solution in OLED display, the application of it in consumer electronics, automotive, retail, healthcare and others. Asia-Pacific region is the prominent player in the AMOLED display market owing to advanced infrastructure development from countries such as China, Japan and South Korea is boosting the market growth. Increasing urbanization, business expansion across and industrial developments and increase in disposable income of people is driving the growth of AMOLED display market in the region. The region consists of many small and medium size enterprise that is contributing towards the growth of market in the region. North America region is showing steady growth in AMOLED display market and is expected to witness noteworthy growth in the near future. Regulation over energy efficient product and high disposal income will help to drive demand for AMOLED display for consumer electronics product in North America region.
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• IT Solution Providers
• Original Equipment Manufacturers
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