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1. OLED Display Market Share, Growth,
Size, Trends and Forecast 2018-2022
MRC Announces the Publication of its Research Report – Global OLED Display
Market 2018-2022
MRC recognizes the following companies as the key players in the global OLED
display market: LG Display, and Samsung Electronics.
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Commenting on the report, an analyst from MRC’s team said: “The latest trend
gaining momentum in the market is enhancements in OLED displays. OLED displays
have been witnessing enhancements in terms of features and functionalities over
the years. For instance, apart from being thin, (due to lack of backlight, like in
2. LCDs), OLED displays are flexible and foldable in nature. Samsung Electronics and
LG Display already produce flexible AMOLED displays that are used in mobile
phones and wearable devices. Samsung's Galaxy S7 Edge uses a 5.5-inch AMOLED
on a plastic substrate, which bends around the edges. LG Display manufactures
flexible AMOLED displays that are installed in Apple watches.”
According to the report, one of the major drivers for this market is Superiority of
OLED display over LCD. LCD and OLED display are two technologies that currently
co-exist in the display market for smartphones and TV sets. In LCD, white light
passes through a color filter using liquid crystals to create a variety of colors. By
manipulating the electric current sent to each sub-pixel, it is possible to control the
amount of light that goes through, and therefore, control the subpixel’s color
intensity. All LCDs are required to have some form of backlight from white light,
thus causing this display to be thick.
Further, the report states that one of the major factors hindering the growth of this
market is Threat of disruption of new technology. A display technology that is likely
to disrupt the OLED display market is the introduction of micro-LED displays. Micro-
LED displays consist of arrays of microscopic LEDs forming individual pixel
elements. Micro-LED is a promising display technology, as it has the potential to
enable brighter and more efficient displays compared with OLEDs. It is cheaper, but
there are still technical challenges to overcome, and it is estimated that micro-LEDs
will not be commercialized before 2020.
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The study was conducted using an objective combination of primary and secondary
information including inputs from key participants in the industry. The report
contains a comprehensive market and vendor landscape in addition to a SWOT
analysis of the key vendors.
About OLED Display
OLED is a carbon-based LED, which produces light when electricity is passed
through the conductors, namely the anode and cathode. With OLED display
technology, it provides superior picture quality as compared to other display
technologies like LCD, and LED.
3. MRC’ s analysts forecast the global OLED display market to grow at a CAGR of
24.6% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global OLED
display market for 2018-2022. To calculate the market size, the report considers
the revenue generated by the sales of OLED display panels, unit shipment of OLED
panels, as well as the area shipment of square meter of OLED display panels,
Review the summary and complete table of content
at https://marketreportscenter.com/reports/576952/global-oled-display-market-
2018-2022
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