Press release
Primary Catalyst Driving Active Matrix Organic Light Emitting Diode (AMOLED) Display Market Evolution in 2025: Increasing Demand For Smartphones Drives The Growth Of The AMOLED Display Market Driver
Active Matrix Organic Light Emitting Diode (AMOLED) Display Market Size
There has been a significant expansion in the active matrix organic light emitting diode (AMOLED) display market in recent times. The market value is projected to rise from $16.59 billion in 2024, reaching $19.49 billion by 2025 with a compound annual growth rate (CAGR) of 17.5%. This development during the historic period is as a result of increased focus on energy-efficient technologies, better contrast ratios, speedy refresh rates, and enhanced color accuracy. Furthermore, the invention of bendable and foldable AMOLED screens, increased efficiency, prevalent use in smartwatches and fitness trackers, and the implementation of AMOLED technology in premium TV models also contributed to this growth.
The AMOLED display market size is slated for swift expansion in the coming years, anticipated to attain $36.81 billion by 2029, showcasing a 17.2% CAGR. This expected increment in the forecast duration results from the escalating utilization of AMOLED displays in gaming monitors, mounting demand for high-end products, manufacturers' diversification efforts, the emergence of in-display fingerprint sensors, cameras, and analogous embedded technologies alongside the spread of the internet of things. Key trends during the prediction period involve budding applications in AR and VR, improvements in manufacturing procedures, augmented production capabilities, the dawn of microLED and AMOLED hybrid displays, quantum dot refinement, transparent, mirror displays, and featherweight and ultra-slender displays.
What Key Elements Are Boosting Growth in the Active Matrix Organic Light Emitting Diode (AMOLED) Display Market?
The rise in smartphone demand is projected to drive the active matrix organic light emitting diode (AMOLED) display market's expansion. Smartphones, which blend cellular communication, advanced computation capabilities and internet connectivity, have become more useful with the prevalent high-speed internet and mobile data networks for web browsing, content streaming, and online services and applications access. The invention of flexible AMOLED displays presents new design opportunities for smartphones, such as curved or foldable screens. For example, Consumer Affairs, a US consumer news and advocacy organization, reported in December 2023 that around 97% of Americans had a feature phone or smartphone in 2022. It is projected that by 2040, the number of American smartphone users will surpass 364 million. Therefore, the escalating demand for smartphones and other consumer electronics is anticipated to spur the future growth of the active matrix organic light emitting diode (AMOLED) display market.
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Which Key Market Leaders Are Driving Active Matrix Organic Light Emitting Diode (AMOLED) Display Industry Growth?
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.
What Are the Emerging Trends in the Active Matrix Organic Light Emitting Diode (AMOLED) Display Industry?
Major corporations engaged in the AMOLED display market are intent on investing in Advanced organic light-emitting diode (OLED) lighting technologies that use organic material to generate light when an electrical current is applied. Such investments are aimed at improving visual quality and energy efficiency in automotive lighting applications. Advanced OLED lighting technologies are considered a groundbreaking stride in the lighting industry, offering energy-efficient, flexible, and slim lighting options with unmatched color quality and design adaptability. To illustrate, in January 2024, OLEDWorks, a German company renowned for designing and manufacturing OLED lighting solutions, unveiled the Atala brand at CES 2024, intending to target the automotive market with its advanced organic light-emitting diode (OLED) lighting solutions. Atala's aspiration is to supply customizable and premium OLED lighting for vehicles, inclusive of taillights and interior displays. The technological panels, less than 1 millimeter in thickness, are designed to integrate tens or thousands of individually controllable segments, thereby enhancing design versatility and improving road safety through consistent light emissions. At the present time, Atala OLEDs are commonly used in vehicles such as the Audi A8, and the company is in collaboration with significant automotive manufacturers worldwide to broaden the use of their solutions in vehicle lighting.
What Are the Main Segments in the Active Matrix Organic Light Emitting Diode (AMOLED) Display Market?
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
Subsegments:
1) By Conventional: Standard AMOLED Displays, High-Resolution AMOLED Displays
2) By Flexible: Curved AMOLED Displays, Rollable AMOLED Displays
3) By Transparent: Transparent AMOLED Displays For Consumer Electronics, Transparent AMOLED Displays For Automotive
4) By 3-Dimensional (3D): Glass-Based 3D AMOLED Displays, Plastic-Based 3D AMOLED Displays
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Which Geographic Area Leads the Active Matrix Organic Light Emitting Diode (AMOLED) Display Market?
Asia-Pacific was the largest region in the active matrix organic light emitting diode (AMOLED) display market in 2023. The regions covered in the active matrix organic light emitting diode (AMOLED) display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Active Matrix Organic Light Emitting Diode (AMOLED) Display Global Market Report?
- Market Size Analysis: Analyze the Active Matrix Organic Light Emitting Diode (AMOLED) Display Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Active Matrix Organic Light Emitting Diode (AMOLED) Display Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Active Matrix Organic Light Emitting Diode (AMOLED) Display Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Active Matrix Organic Light Emitting Diode (AMOLED) Display Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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