Market Overview:
The global AMOLED (Active-Matrix Organic Light Emitting
Diode) Displays Market is projected to grow significantly, reaching $46.5
billion by 2030 at a robust CAGR of 18.9% from 2024 to 2030. This growth is
driven by heightened demand for high-quality, energy-efficient, and versatile
display solutions across consumer electronics, including smartphones, TVs, and
automotive displays. AMOLED displays have gained traction due to their enhanced
pixel switching capabilities, vivid color reproduction, and energy-saving
features, positioning them as a preferred choice for premium and emerging
electronics.
Regional Insights:
In 2023, Asia-Pacific (APAC) led the market, holding a significant
38% market share. Countries like China, South Korea, and Japan are major
players, benefiting from strong R&D investments, abundant manufacturing
resources, and a rapidly expanding electronics market. APAC’s leading role in
AMOLED production is expected to continue as global demand grows, particularly
in smartphone and television markets. According to the Japan Electronics and
Information Technology Industries Association (JEITA), Japan's domestic
electronics production increased by 2% in 2022, with AMOLED displays among the
leading products. This regional growth is fueled by established manufacturers
and rising consumer demand for immersive display experiences.
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Scope of the Report:
Recent Developments:
- In February 2022, Samsung
launched the Samsung Galaxy S22 Ultra, featuring a 6.8-inch dynamic AMOLED
display with a high resolution of 1440 x 3088 pixels, Corning Gorilla
Glass Victus+ protection, and an always-on display. This release
illustrates the increasing integration of AMOLED displays in flagship
consumer devices.
AMOLED Displays Market: Competitive Landscape
The AMOLED Displays market is competitive, with key players
focusing on product innovation, strategic partnerships, and geographical
expansion. Major companies include: AU Optronics, Japan Display Inc., US Micro
Products, Anders Electronics Plc., Chimei Innolux Corp., BOE Technology Group
Co., Ltd, Everdisplay Optronics (Shanghai) Co., Ltd., Visionox Company, Tianma,
Truly Semiconductors Ltd. Others.