According to IMARC Group’s latest report, titled “AMOLED Display Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global AMOLED display market reached a value of US$ 48.1 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of around 16% during 2021-2026.
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Active-matrix organic light-emitting diode (AMOLED) refers to an OLED display technology used in tablets, smartwatches, gaming consoles, televisions, digital cameras, and portable music players. It uses a thin-film transistor (TFT), which is equipped with a storage capacitor for maintaining the line pixel states. Compared to passive matrix organic light-emitting (PMOLED), AMOLED displays have a faster refresh rate and can be easily embedded into displays of any size. Moreover, they consume less power, offer a vivid picture quality and better viewing angle, and render faster motion response than other display technologies.
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Rapid digitalization, coupled with the rising penetration for smart devices, is primarily driving the market for AMOLED displays. Furthermore, the improving consumer living standards supported by their growing disposable income levels have increased the per capita expenditures on advanced consumer electronics. Additionally, the changing consumer inclination towards AMOLED displays based on enhanced image quality and high-resolution display is also augmenting the market growth. In the coming years, the rising investments in the upgradation of AMOLED display technology will continue to drive the global market.
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List of Key Companies Covered in this Market Report:
The report has segmented the market on the basis of display type, material, application and geography.
Breakup by Display Type:
Breakup by Material:
Breakup by Application:
Breakup by Geography:
Key highlights of the report:
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