AMOLED Display Market By Display Type (Conventional, Transparent, Flexible, 3D), By Material Type (Glass, Polymer), By Application Type (Consumer Electronics, Retail, Automotive, Healthcare, Others) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027
The AMOLED display market worldwide is expected to grow with a CAGR of 14.50% during the forecast period from 2019 to 2027, starting from US$ 21.20 Bn in 2018. The AMOLED (active matrix organic light-emitting diode) display market is primarily governed by the consistently growing sales of smartphones worldwide. It is an advanced version of OLED display and is being extensively used in smartphones, smart watches, laptops, televisions, and other electronic devices. The availability of numerous AMOLED displays, such as super AMOLED, super AMOLED advanced, super AMOLED plus, and others, has ensured wide application areas for these displays. On account of the growing consumer electronics market, we are expecting huge growth in the AMOLED display market throughout the forecast period.
Market Synopsis
consumer electronics to continue as the market leader.
In 2018, the consumer electronics segment (comprising smartphones, televisions, laptops, smart watches, etc.) led the market with more than 60% share worldwide. Due to the rise in penetration of smart wearables such as smartwatches, fitness bands, and others, we are expecting a boom in the market. The market is primarily driven by robust smartphone sales worldwide, followed by smart wearables and televisions. AMOLED displays consume less power, making them more suitable for battery-hungry devices such as smartphones, laptops, and wearables. Since then, AMOLED displays are now used in nearly all ranges of smartphones, thereby expanding their application area substantially. Thus, the market is expected to witness continued growth over the forecast period.
Asia Pacific to Continue as the Market Leader in the Forecast Period
In 2018, Asia-Pacific led the market, followed by Europe. The Asia Pacific market is mainly governed by India and China, which have huge markets for mobile devices and other related consumer electronics products. Further, rising sales of wearable devices are another factor driving the AMOLED market in Asia Pacific. Trending growth in the consumer electronics sector and a growing population in the region is mainly driving the market. Due to the higher usage of wearable devices and other smart devices in North America, we are expecting tremendous growth in the region.
Some of the prominent players operating in the AMOLED displays market include AU Optronics Corporation, Beijing Opto-Electronics Corporation, Chimei Innolux Corporation, Japan Display Inc., LG Display Company Ltd., Panasonic Corporation, Samsung Display Co. Ltd., Sharp Corporation, Sony Corporation, and others.
Historical and Forecast Period
This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The AMOLED displays market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global AMOLED display market based on display type, material type, application, and geography. Key segments covered in the report are as follows:
Key questions are answered in this report.
What was the market size of AMOLED displays in 2018 and the forecast up to 2027?
Which is the largest regional market for AMOLED displays?
What are the major trends followed in overall AMOLED display across different regions?
What are the key market trends and high-growth opportunities observed in the AMOLED display market?
What are the drivers of the AMOLED display market?
Who are the key AMOLED display companies leading the market?
What are the key strategies adopted by the leading AMOLED display companies in the market?
Unique data points of this report
Statistics on AMOLED displays worldwide
Recent trends across different regions in terms of the adoption of AMOLED displays
Notable developments are going on in the AMOLED display industry.
Attractive investment proposition for the AMOLED display segment as well as geography
Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
Frequently Asked Question:
The market for AMOLED Display Market is expected to reach USD$ 21.20 Bn in 2027.
The AMOLED Display Market is expected to see significant CAGR growth over the coming years, at 14.50%.
The report is forecasted from 2019 -2027.
The base year of this report is 2018.
Beijing Opto-Electronics Corporation, Chimei Innolux Corporation, Japan Display Inc., LG Display Company Ltd .are some of the major players in the global market.
