According to the recent study the active-matrix OLED (AMOLED) market is projected to reach an estimated $28.9 billion by 2028 from $12.9 billion in 2023, at a CAGR of 17.6% from 2023 to 2028. Growth in this market is primarily driven by expanding usage of these displays in a variety of electronic products, including television screens, digital cameras, video players, and mobile devices, to provide a high-quality visual experience and technological advancements in the display technologies across the globe.
A more than 150–page
report is developed to understand trends, opportunities and forecast in
active-matrix OLED (AMOLED) market by application (computer monitors, smart
wearables, large-screen TVs, and digital signage), end use industry (consumer
electronics, enterprises, media & entertainment, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
“Large-screen TV market is expected to remain the largest segment
during the forecast period.”
Based on application,
the active-matrix OLED (AMOLED) market is segmented into computer monitors, smart
wearables, large-screen TVs, and digital signage. Lucintel forecasts that the large-screen
TV market is expected to remain the largest segment due to the significant use
of AMOLED in large display panels.
“Within the active-matrix OLED (AMOLED) market, the consumer
electronic segment is expected to remain the largest end use industry.”
Based on end use
industry the consumer electronic segment is expected to witness the highest
growth over the forecast period due to the substantial use of these displays in
a variety of consumer electronics devices, including wearable technology,
smartphones, tablets, computers, and TVs.
“Asia pacific will dominate the active-matrix OLED (AMOLED) market
in near future.”
APAC is expected to
witness highest growth over the forecast period due to the presence of major
electronic manufactures in countries, such as China, India, and South Korea.
Major players of
active-matrix OLED (AMOLED) market are adopting various growth strategies like
new product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. Universal
Display, Samsung SDI, AU Optronics, Acuity Brands Lighting, LG Display, and
Novaled are among the major active-matrix OLED (AMOLED) providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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