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Active Matrix Organic Light Emitting Diode (AMOLED) Display Market Competitor Analysis, Growth, Insights, Trends 2024-2033: Strategic Perspectives
Active Matrix Organic Light Emitting Diode (AMOLED) Display Market Size
As per the report, the active matrix organic light emitting diode (AMOLED) display market size has grown rapidly in recent years. It will grow from $14.16 billion in 2023 to $16.59 billion in 2024 at a compound annual growth rate (CAGR) of 17.2%. The active matrix organic light emitting diode (AMOLED) display market size is expected to see rapid growth in the next few years. It will grow to $31.43 billion in 2028 at a compound annual growth rate (CAGR) of 17.3%.
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Increasing Demand For Smartphones Drives The Growth Of The AMOLED Display Market
The increasing demand for smartphones is expected to propel the growth of the active matrix organic light emitting diode (AMOLED) display market going forward. Smartphones are mobile devices that combine cellular communication with advanced computing capabilities and internet connectivity. The widespread availability of high-speed internet and mobile data networks has made smartphones more helpful in browsing the web, streaming content, and accessing online services and applications. The development of flexible AMOLED displays has opened up new design possibilities for smartphones, such as curved or foldable displays. For instance, in December 2023, according to Consumer Affairs, a US-based consumer news and advocacy organization, approximately 97% of Americans owned a feature phone or smartphone in 2022. Future trends predict that American smartphone users will exceed 364 million by 2040. Therefore, the increasing demand for smartphones and other consumer electronics is expected to propel the future growth of the active matrix organic light emitting diode (AMOLED) display market.
Technological Advancements Revolutionizing AMOLED Displays
Major companies operating in the AMOLED display market are focused on developing technological solutions such as the organic light emitting diode (OLED) gaming console to gain a competitive advantage. An organic light emitting diode (OLED) gaming console is a gaming device that uses an OLED display for enhanced visual quality with vibrant colors and sharp contrast. For instance, in October 2021, Nintendo, a Japan-based video game company, launched the Nintendo Switch organic light-emitting diode (OLED), the latest version of the Switch gaming console. This iteration boasts several key upgrades over the original Switch and Switch Lite models. These include a 7-inch OLED screen with vibrant colors and sharp contrast, 64GB of internal storage, and enhanced audio from the system's onboard speakers in handheld and tabletop modes.
The active matrix organic light emitting diode (AMOLED) display market covered in this report is segmented -
1) By Type: Conventional, Flexible, Transparent, 3-Dimensional (3D)
2) By Material: Polymer, Glass, Glass Substrate
3) By Application: Consumer Electronics, Retail, Automotive, Healthcare, Other Applications
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Major companies operating in the active matrix organic light emitting diode (AMOLED) display market are Lenovo Group Limited, Panasonic Corporation, BOE Technology Group, Nokia, LG, Sharp Corporation, TCL Electronics Holdings Limited, Innolux Corporation, AU Optronics (AUO) Corp., Samsung Display Co. Ltd., Truly International Co. Ltd., Japan Display Inc. (JDI), Royole Corporation, Kopin Corporation, JOLED Inc., Visionox Technology Inc., EverDisplay Optronics, Tianma Microelectronics Co. Ltd, Yunnan OLiGHTEK Opto-Electronic Technology Co. Ltd., Shenzhen DaSen Electronic Co. Ltd.
Contents of the report:
1. Executive Summary
2. Active Matrix Organic Light Emitting Diode (AMOLED) Display Market Report Structure
3. Active Matrix Organic Light Emitting Diode (AMOLED) Display Market Trends And Strategies
4. Active Matrix Organic Light Emitting Diode (AMOLED) Display Market - Macro Economic Scenario
5. Active Matrix Organic Light Emitting Diode (AMOLED) Display Market Size And Growth
…..
27. Active Matrix Organic Light Emitting Diode (AMOLED) Display Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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