Global market for OLED displays are expected to exceed US $4.5 billion by 2010 with several vendors including Sony, Samsung, Pioneer and LG investing millions in the next generation flat screen technology which will be used in TV’s, mobile phones, MP3 player, wearable, car audio and digital camera’s.
The global Organic Light-Emitting Diode (OLED) display industry is anticipated to experience “stupendous” growth in the coming five years according to a new report by Global Industry Analysts.. They say that Major OLED manufacturers are upgrading their production techniques to offer quality products, so as to stay ahead in the highly intense competitive environment.
The Active-Matrix OLED displays represent the burgeoning segment in the total OLED display market. Revenues from this segment are expected to overtake passive-matrix segment, and dominate the global market by garnering a share of about 84% of the total OLED market value by 2010.
Revenues from the Active-Matrix OLEDs segment, are projected to surpass U.S. $2.7 billion by 2009. Factors driving the exponential growth include faster response time and higher contrast in comparison with conventional displays, blur-free video motion, 180-degree viewing angle, thinner design and potentially lower manufacturing costs.
“Organic Light Emitting Diode (OLED) Displays: A Global Strategic Business Report” published by Global Industry Analysts, Inc., analyzes the global market with hard-to-find data and analytics.
The report provides a comprehensive review of market trends and issues, drivers, key players, competitive landscape, recent developments, mergers, acquisitions, alliances, product launches and other strategic industry activities.
Analytical estimates and projections are presented in terms of annual sales in U.S. dollars over the years 2001 through 2010. Long-term projections are provided over the years 2011 through 2015. Product segments independently analyzed include Passive Matrix Organic Light Emitting Diode (PMOLED) displays and Active Matrix Organic Light Emitting Diode (AMOLED) displays.
The report also analyzes the OLED Displays market by leading end-use segments namely Mobile Telephone, MP3 Player, Mobile Telephone Sub-displays, Wearable, Car Audio, Digital Camera, and others.