Global AMOLED Display Market Size Worth USD 105.11 Billion by 2028

- Advertisement -

According to the latest research study, the global AMOLED Display Market size & share is expected to grow above a CAGR of 15.50% and reach over USD 105.11 billion by 2028.

Image credit: GSMArena

AMOLED is a display technology that uses organic light emitting diodes (OLED) and is used in almost every electronic gadget and appliances. One of the factors that played a major role in the growth of the AMOLED display industry was the announcement by Apple to use it for their iPhone series. Other factors for the industry growth include the increase in use of tablets, Wi-Fi and other electronics devices. Though these display units provide extra ordinary high resolutions, the production cost is considerable. The AMOLED display market is speculated to grow in the near future with increase in consumer devices usage.

Market Size in 2021: USD 48.70 Billion
Projected Market Value by 2028: USD 105.11 Billion
CAGR Growth Rate: 15.50% CAGR
Base Year: 2021
Forecast Years: 2022-2028

- Advertisement -

Key Market Players include 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.

Impact of Covid-19:

The pandemic in 2020 has a positive impact on AMOLED Display. Increase in online classes and work from home trends has led to increase in the sales of laptops and smartphones. Though the industry strived with the production and movement during the pandemic, it started growing tremendously in the post half.

The consumer electronics segment is predicted to play a major role in the growth of the AMOLED display market. Increase in the production and sales of laptops, TVs, smartphones and smartwatches lead to the growth of AMOLED Display market. Thus, the global AMOLED Display Market is expected to grow from USD 48.70 Billion to USD 105.11 Billion with a CAGR of 15.50% by 2028.


 

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Analog Devices: element14’s New Distribution Partner

0
The official statement said customers can now consolidate their design requirements from a single source with a range of new technologies, products and services Strengthening...

Printed Electronics for Smart Building Solutions

0
The two companies will collaborate to scale novel water detection tape solutions based on printed electronics Sensor-maker LAIIER and Germany-based chemical and consumer goods company...

Mouser Becomes Networking Partner for IEW-22

0
Technical experts from Molex, Renesas Electronics, and Würth Electronik will be present at Mouser's booth at India Electronics Week (IEW)-2022 Mouser Electronics, a premier semiconductor...

Exclusive

Analog Devices: element14’s New Distribution Partner

0
The official statement said customers can now consolidate their design requirements from a single source with a range of new technologies, products and services Strengthening...

South Korea Gets a New Manufacturing Facility

0
The facility is to manufacture vacuum and abatement systems which are used in the global manufacturing of semiconductors.  Part of the Atlas Copco Group, the...

Printed Electronics for Smart Building Solutions

0
The two companies will collaborate to scale novel water detection tape solutions based on printed electronics Sensor-maker LAIIER and Germany-based chemical and consumer goods company...

Important Sectors

Printed Electronics for Smart Building Solutions

0
The two companies will collaborate to scale novel water detection tape solutions based on printed electronics Sensor-maker LAIIER and Germany-based chemical and consumer goods company...

India Assumes Chair of Global Partnership on AI

0
MoS Rajeev Chandrasekhar represented India at the Global Partnership on Artificial Intelligence (GPAI) Summit He believes National Data Governance Framework Policy with Indian...

ABB E-mobility Raises $200 Mn in Pre-IPO Pvt Placement

0
The company hopes to continue on its growth trajectory driven by both organic and M&A investments Zurich-based ABB E-mobility, a leading electric vehicle (EV) charging...

PMV’s EaS-E Electric Car Launched In India

0
With a top speed of 70 kmph, it claims to clock from zero to 40 kmph within five seconds. The nano-sized EV is...
Startup Funded

Spot AI: Video Intelligence Start-up Secures $40 Mn

0
The modern AI camera system maker aims to transform data from business cameras into video intelligence and accelerate its expansion Video intelligence company Spot AI...

Manufacturing

New Product Distribution Center by TI in Germany

0
The centre in Frankfurt enables same-day delivery to central Germany next-day delivery capabilities to most European-based customers.  Texas Instruments, a global semiconductor company whose presence...

Redwood to Supply High-Nickel Cathode to Panasonic

0
Despite the increasing demand, there is no cathode production at scale in North America today: Battery material maker Redwood As per the latest reports, Panasonic...
Infineon, CoolSiC

Infineon Planning New Factory in Dresden

0
The semiconductor major has enhanced its long-term financial targets after witnessing a remarkable FY22 Germany-based Infineon Technologies recently released its results for the fourth quarter...

Uno Minda To Invest Rs 400 Cr In New Light Plant

0
The plant is intended to be commissioned by Q4 FY24 The group registered its highest-ever quarterly performance recently As per the latest reports, the...

New Demonstration Facility by SASinno in Washington

0
Ant-i1 offline selective soldering machine and SELMATE-4 N2 generator are up for demonstration. SASinno that stands for “Smart and Steady Innovation”, has announced a new...