Global market for OLED displays to exceed $4.5 Billion by 2010: Global Industry Analysts Report
(Top News, 18 Mar 2008 )
The Organic Light-Emitting Diode (OLED) industry is expected to register high growth rates from 2007, with contribution mostly from the Active Matrix (AMOLED) market. The increasing need for exceptional picture quality and feel is known to be the major factor for the imminent growth of OLEDs. Global market for OLED Displays is projected to exceed U.S, $4.5 billion by 2010. 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, Inc. 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.
Key players listed in the report include Samsung SDI Co., Ltd., LG Electronics Inc., RiTdisplay Corp., Tohoku Pioneer Corp., Univision Technology Inc., and TDK Corporation, among others.
"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.
