15-Jul-2022 | Facts and Factors
According to Facts and Factors, the global AMOLED display market size was valued at USD 48.70 billion in 2021 and is predicted to increase at a CAGR of 15.50% to USD 105.11 billion by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.
AMOLED is a more advanced type of OLED that features active matrix OLED pixels that produce images when electricity passes across them. TFT display devices in the system are used to control and monitor these visuals. For the AMOLED, the OLED technology is a thin film linked with organic molecules that generate electroluminescent matter. The announcement by Apple Inc. to employ AMOLED displays for their iPhone series is one of the factors impacting the AMOLED display industry growth. Other factors impacting the market growth include the rising use of Wi-Fi, multimedia, tablets, broadband, and similar devices. These display units are efficient and offer high resolutions; but, due to the complex manufacturing process, the production cost is considerable. However, the market for AMOLED displays is predicted to grow as the use of AMOLED displays in consumer devices grows.
Browse the full “AMOLED Display Market Size, Share, Growth Analysis Report By Material (Glass, Polymer), By Product Type, Transparent, Flexible, 3D, Conventional, By Application (Automotive, Retail, Consumer Electronics, Military), and By Region - Global Industry Insights, Comparative Analysis, Trends, Statistical Research, Market Intelligence, and Forecast 2022 – 2028" report at https://www.fnfresearch.com/amoled-display-market
The material used in AMOLED display production is biodegradable, which complies with EPA standards and norms. As a result, many environmental regulatory organizations throughout the world have granted the AMOLED markets a clean bill of health. Since AMOLEDs produce their own light, they do not require backlighting or filtering systems. As a result, they use less electricity than LCD-based gadgets. The rapid development of the AMOLED display industry has resulted in lower production costs for businesses.
Segmental Overview
The consumer electronics segment is predicted to hold the greatest proportion of the AMOLED Display Market. It can be found in monitors, TV display displays, tablets, laptops, smart watches, cell phones, and other consumer devices. The key driving forces behind AMOLED Displays include the introduction of smartphones to the market and their widespread use, as well as other causes such as the growing use of Wi-Fi, broadband multimedia, tablets, and other similar devices.
The product type segment is bifurcated into conventional, transparent, flexible, and 3D. In 2021, conventional displays had a major share due to the traditional display technology used in these displays. Besides, flexible and 3D type displays are expected to be the fastest growing in the coming years. This is majorly due to the increased use of these displays in different consumer electronic applications such as smartphones, tablets, TVs, and others. The advancement in technologies for 3D displays is further expected to enhance the category growth over the forecast period.
Regional Overview
In 2021, Asia-Pacific holds the largest share of the global AMOLED display market, thanks to developed infrastructure in countries like Japan, China, and South Korea. Samsung Group, a South Korean multinational corporation based in the Asia Pacific, produced in-cell touch panels, for example. Besides, due to the rising demand for cutting-edge technologies, the North American AMOLED Display Market is expected to deliver significant revenue shares. Similarly, Europe is likely to be a significant contributor due to its need for non-OLED display options.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 48.70 Billion |
Projected Market Size in 2028 |
USD 105.11 Billion |
CAGR Growth Rate |
15.50% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
LG Electronics Inc., Sharp Corporation, Panasonic Corporation, AU Optronics Corp., Chimei Innolux Corp., Sony Corporation, Japan Display Inc., SAMSUNG ELECTRONICS CO., LTD., Universal Display Corporation, Dresden Microdisplay, and Others |
Key Segment |
By Material, Product Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Competitive Landscape
Some of the major companies operating in the AMOLED display market are LG, Electronics Inc., Sharp Corporation, Panasonic Corporation, AU Optronics Corp., Chimei Innolux Corp., Sony Corporation, Japan Display Inc., SAMSUNG ELECTRONICS CO., LTD., Universal Display Corporation, Dresden Micro display and among others.
The global AMOLED display market is segmented as follows:
By Material
By Product Type
- Transparent
- Flexible
- 3D
- Conventional
By Application
- Automotive
- Retail
- Consumer Electronics
- Military
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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