AMOLED Display Market: Global Industry Analysis and Forecast (2023-2029)

AMOLED Display Market was valued at US$ 12.97 Bn. in 2022. Global AMOLED Display Market size is estimated to grow at a CAGR of 21.82%.
AMOLED Display Market Overview:
AMOLED is a display technology, which stands for active-matrix organic light emitting diodes. It is a type of OLED display, which is used in smartphones and portable devices. It provides the same performance as their passive-matrix OLED counterparts with the low power consumptions. It is made up from organic light emitting diode which is a thin-film-display technology and active matrix is a technology behind the addressing of pixels.To know about the Research Methodology:- Request Free Sample Report

The segments of the AMOLED display market are investigated in the report (Type, Material, Application, and Region). Market players and regions have given data (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The AMOLED display market study gives a comprehensive overview of the present quick advancements in all industrial sectors. The essential data analysis for the historical era from 2017 to 2022 is presented using facts and figures, pictures, and presentations. The analysis looks at the market's drivers, constraints, prospects, and hurdles for spectroscopy. This MMR report contains investor suggestions based on a detailed study of the current competitive landscape in the AMOLED Display industry sector.
AMOLED Display Market Dynamics:
Presence of number of Smartphone users across the globe, an integration of innovative technological advancement are some of the prominent drivers behind the market growth. AMOLED display offers some benefits like light in weight, flexibility, high brightness, energy efficiency, no need of backlighting, lower power consumption, high contrast ratio, high display quality and better viewing experience. Furthermore, high adoption of OLED display over LCD display and usage of AMOLED display technology in the various electronics devices like mobile phones, tablets, smart watches, laptops, digital camera and television are boosting the growth of AMOLED market.

Additionally, Emergence of advanced AMOLED display technologies like super AMOLED, super AMOLED advanced, super AMOLED plus, HD super AMOLED, HD super AMOLED plus, full HD super AMOLED and Quad HD super AMOLED technology by key players, who are operating in the electronics industry are expected to drive the market growth in the near future.

Despite the benefits of AMOLED display technologies, limited lifespan of organic materials because of the degradation is expected to limit the adoption of the AMOLED display. Also, vulnerability to water damage, poor outdoor visibility and sometimes display quality issues are hampering the market growth.

High penetration of Smartphone drives the AMOLED Display market growth

Currently, AMOLED displays are used in many applications. They are most common used in smartphones. According to the MMR data analysis, current number of the smartphone users across the globe is more than 6.80 Bn, which means more than 80% population owns a smartphone. In the forecast period, India is expected to have more than 1 billion smartphone users with rural areas, which is expected to drive the demand for AMOLED display. An increase in internet adoption is expected to fuel demand for smartphones in the developing economies. AMOLED displays are mostly used in high-end phones like latest Galaxy S9 and S9 Plus and the Note 9. Some of the prominent mobile brands and portable devices key players like Apple's new iPhones, Smartwatches, and the MacBook Pro's Touch Bar are using AMOLEDs.
AMOLED Display Market Segment Analysis:
Consumer Electronics Segment Is Expected to Hold the Dominant Position

By application, consumer electronics segment held the dominant position in the market in 2022 and is expected to hold its dominance during forecast period. In consumer electronics sector, AMOLED display is used in various electronics devices like mobile devices. The mobile manufacturing companies are moving towards the use of AMOLED display because of its low power consumption advantage, which is driving the need for AMOLED display in the consumer electronics products.

The AMOLED Display Market is driven by the usage of AMOLED Displays in consumer electronics products like smartphones, monitors, smartwatches, televisions, and others, an increase in focus on AMOLED standardisation, the consumer electronics sector is booming with the demand of organised retail, and the growing population. High brightness, good energy economy, high dependability, and the capacity to display vibrant colours with less power usage are some of the prominent features of the display are driving its adoption in the consumer electronics sector.
The key driving forces behind AMOLED Displays include the introduction of smartphones to the market and their widespread usages. High penetration rate of Wi-Fi, broadband multimedia, tablets, and other similar devices are expected to boost the market growth. AMOLED displays are widely utilised in digital camera, which has a high refresh rate and consequently a faster response time. It saves energy and offers crystal-clear images. Many key players are investing in the research and development activities and advancement in the AMOLED technology to increase their profit by product segment.
AMOLED Display Market Regional Insights:
Asia Pacific region is projected to be leading region

The strong presence of the manufacturing base, high smartphone penetration across developing economies such as China, Japan, India and South Korea and presence of electronic devices manufacturing companies such as Samsung, LG, Nokia are expected to drive the market growth in the Asia pacific region. The market for AMOLED displays in Asia Pacific is projected to grow as the use of AMOLED displays in consumer devices grows.

Also, key players operating in the market are focusing on the adoption of a variety of AMOLED displays in various verticals, which is forming potential growth opportunities for AMOLED displays. The low-cost production rate, abundant availability of raw materials and low labor cost are expected to boost the market growth. An incentive package to boost semiconductor manufacturing in India is expected to increase the handset manufacturing and the country is expected to become the second-largest smartphone market in the near future.

Many key players from different sector are focusing on the shifting their production unit to the Asia Pacific due to the availability of the cheap labor and drastically increasing economic growth rate and manufacturing industries. An increase in adoption of advanced technologies are expected to drive the market growth.

The objective of the report is to present a comprehensive analysis of the global AMOLED Display Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the AMOLED Display Market dynamic, structure by analyzing the market segments and projecting the AMOLED Display Market size. Clear representation of competitive analysis of key players by Application, price, financial position, product portfolio, growth strategies, and regional presence in the AMOLED Display Market make the report investor’s guide.
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Global AMOLED Display Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 12.97 Bn.


Forecast Period 2023 to 2029 CAGR:
21.82%
Market Size in 2029:
US $ 51.65 Bn.


 Segments Covered:
by Type
Conventional
Flexible
Transparent
3D


by Material
Polymer
Glass
Glass Substrate


by Application
Consumer Electronics
Retail
Automotive
Healthcare
Others



AMOLED Display Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
AMOLED Display Market, Key Players are
1. AU Optronics
2. Beijing Opto-Electronics
3. Chimei Innolux Corp
4. Dresden Microdisplay
5. Japan Display
6. LG Display
7. Panasonic
8. Samsung Display
9. Sharp Corp.
10. Sony
11. Nokia
12. Micromax
13. Lenovo
14. BOE Technology Group Co. Ltd.
15. Innolux Corporation
16. Novaled GmbH
17. Universal Display Corporation
Frequently Asked Questions:
1] What segments are covered in the AMOLED Display Market report?
Ans. The segments covered in the AMOLED Display Market report are based on Type, Material and Application.

2] Which region is expected to hold the highest share in the AMOLED Display Market?
Ans. The Asia Pacific region is expected to hold the highest share in the AMOLED Display Market.

3] What is the market size of the AMOLED Display Market by 2029?
Ans. The market size of the AMOLED Display Market by 2029 is US$ 51.65 Bn.

4] What is the forecast period for the  Market?
Ans. The forecast period for the  Market is 2023-2029.

5] What was the market size of the  Market in 2022?
Ans. The market size of the  Market in 2022 was US$ 12.97 Bn.