Market Analysis
Market Research Future (MRFR) projects the global AMOLED
display market to reach approximately USD 14 Billion at a CAGR of 18% from 2017
to 2023 (forecast period).
AMOLED, or Active Matrix Organic Light Emitting Diode, is an
energy-efficient display item that combines the technology used in the
production of TFT and OLED displays. AMOLED displays are becoming increasingly
common in smartphones, tabs, and computer screens. These are also used in the
making of televisions because they provide high-resolution pictures. AMOLED
display phones have high-resolution picture quality and a user-friendly
interface with smooth-touch and configuration properties. It also includes
adjustable brightness.
The massive growth of smartphones and the television market is
a major factor influencing the growth of AMOLED displays. AMOLED displays are as
thin as a pencil. They are finer and more delicate than LEDs and LCDs. They can
be adjusted to any shape and size as needed.
Key Players
AU Optronics (Taiwan), Beijing Opto-Electronics (China),
Chimei Innolux Corp. (Taiwan), Dresden Microdisplay (Germany), Japan Display
Inc. (Japan), LG Display Co. Ltd. (Korea), Panasonic Corporation (Japan),
Samsung Display (Korea), Sharp Corp. (Japan), Sony Corporation (Japan), BOE
Technology Group Co. Ltd., Innolux Corporation, Novaled GmbH (Samsung SDI Co.
Ltd.), Universal Display Corporation
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COVID-19 Impact on the Global AMOLED Display
Market
The COVID-19 is afflicting people all over the world. Except
for the pharmaceutical business, it has had a negative impact on the running of
all industries. Almost every country has gone under complete lockdown. The
borders have been locked, which implies that cross-border movement will be
impossible for the foreseeable future. Businesses are also being closed down.
This has had a negative impact on the AMOLED displays market.
The global AMOLED
Display Market is likely to increase dramatically following the
COVID-19 situation. This is due to the fact that the majority of AMOLED display
companies are situated in China, where the Coronavirus was initially
discovered. This has pushed back all manufacturing and operating activity in
the OLED display market.
Market Segmentation
The global AMOLED display industry has been segmented into
display type, material, and application.
By display type, the global AMOLED display market has been
segmented into flexible, transparent, and 3D.
By material, the global AMOLED display market has been
segmented into polymer and glass.
By application, the global AMOLED display market has been
segmented into consumer electronics, retail, automotive, and healthcare.
Regional Analysis
By region, the global AMOLED display market has been segmented
into America, Europe, Asia Pacific, and the rest of the world.
America, which includes North America (the United States and
Canada) and Latin America, is the greatest center for the production and
consumption of AMOLED micro displays. This is due to the growing population and
the resulting demand for improved consumer products.
The European region, which comprises Germany, the United
Kingdom, France, Russia, and Italy, is likewise developing its AMOLED display
market. This is due to an increase in the demand for smartphones, tablets, and
monitor screens. The expanding automotive industry has also increased demand
for AMOLED displays and related products. The car play systems installed in
cars are made up of AMOLED screens.
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