AMOLED Display Market Share Report on Top Manufacturers Business Strategies to 2030
AMOLED Display Market
Market Synopsis
The AMOLED Display market 2020, according to MRFR, is expected to grow at
nearly USD 14 Billion by 2023, at 18% of CAGR over the forecast period (2017 to
2023).
Market Scenario
Rapid technological innovation, promotes the development of new,
cost-effective expertise. The active-matrix organic light-emitting diode
(AMOLED) is one of the most energy-efficient and fast-developing lighting
technologies available today. The key drivers of the AMOLED
display market are its use in consumer electronics products such
as smartphones, monitors, smartwatches, television and others, its focus on
AMOLED standardization, a boom in the consumer electronics sector, an organized
retail market and a growing population. The key driving forces for AMOLED
screens are the entry into the business of smartphones and Its accentuated use
around the globe and other factors such as increased use of Wi-Fi, broadband
multimedia, tablets and similar devices. The market is heading towards AMOLED
displays that are catered for with HD displays providing more crystal clear
images, with recent advances. The approved materials used by the EPA in the manufacturing
of AMOLED displays and evolving patterns around the globe, combined with the
increase in people's per capita income, serve as some of the AMOLED display
market 's major opportunities.
On the other hand, the COVID-19 virus outbreak in December 2019, with the
World Health Organization declaring it a public health emergency the disease
has spread to nearly 180 + countries around the globe. The global effect of the
2019 coronavirus disease (COVID-19) is already beginning to be felt, impacting
the AMOLED market substantially in 2020. The covid-19 affects the global
economy by affecting production and demand directly, by creating supply chain
and market disturbance, and by its financial impact on companies and financial
markets.
Market Segmentation
The AMOLED display market has been analyzed on the basis of material,
display type, and application.
AMOLED Display Market by Display Type, has been segmented into Conventional,
Flexible, Transparent, and 3D.
AMOLED Display Market by Material, has been segmented into Polymer, Glass,
and Glass Substrate.
Read more@ https://www.marketresearchfuture.com/reports/amoled-display-market-4142
Display market by AMOLED's application segment consists of consumer
electronics product, retail, automotive healthcare, and others. The AMOLED
display market is projected to account for the largest market share in the
consumer electronics industry. It is commonly used in consumer electronics items
such as tvs, TV screens, tablets , laptops, smartwatches, smartphones and more.
Regional Outlook
Regional analysis for the AMOLED display market is being studied in various
geographic regions such as Europe, Asia-Pacific and Rest of the World. Due to the
demand for new display technology and solution in OLED display, its application
in consumer electronics , automotive, retail , healthcare and others, the
European market is expected to be a prominent player. Asia-Pacific region is
the leading region in the AMOLED display market owing to advanced development
of infrastructure from countries such as China, Japan , and South Korea
boosting market growth. Growing urbanization, business expansion throughout and
industrial innovations and an rise in people's disposable income drive the
growth of the region's AMOLED show sector. The region is composed of many small
and medium-sized enterprises that contribute to the region's market growth. The
area of North America is showing steady growth in the AMOLED display industry,
and is expected to see considerable 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 the North America region.
Key Players
The prominent players in the AMOLED Display market are –Chimei Innolux Corp.
(Taiwan), Beijing Opto-Electronics (China), Japan Display (Japan), Dresden
Microdisplay (Germany), AU Optronics (Taiwan), LG Display (Korea), Panasonic
(Japan), Sharp Corp. (Japan), Samsung Display (Korea), and Sony Corporation
(Japan) among others.
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