The global demand for PMOLED Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
PMOLED or Passive Matrix Organic Light Emitting Diode relates to how the user controls or drives the display. PMOLED is made up of organic light emitting diode, which is a thin-film-display technology. PMOLED display uses a simple control scheme that controls each row (or line) in the display sequentially (one at a time). PMOLED needs more voltage to provide more brightness than any other light. PMOLED displays are gaining popularity due to their high colour vibrancy, high resolution, and unique contrasts.
Market Dynamics
The growing demand for eco-friendly lightning solutions and adopting a smart lighting system drives the PMOLED market growth. Moreover, the various benefits that PMOLED offers, such as a better viewing experience, high display quality, low cost, low power consumption, energy efficiency, simple and cheap fabrication, and increased adoption in sub displays and small gadgets, fuel the market growth. Wearable devices i.e. fitness bands, smartwatches, and other devices with PMOLED display usage, have been on a growing trend, thus increasing the demand for PMOLED displays. Furthermore, PMOLED is expected to grow more in the forecast period due to its simple structure; youth demand for wearables, which are simple and convenient to use, is dominating market growth. However, low market acceptance of PMOLED displays and emerging alternative technology such as AMOLED may pull down the growth of PMOLED market to an extent.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pmoled. The growth and trends of pmoled industry provide a holistic approach to this study.
Market Segmentation
This section of the pmoled market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Transparent PMOLED
- Flexible PMOLED
By End User
- Display (Television, Smartphone, Tablets & Laptop, Automotive Display, Others)
- Lighting
By Application
- Residential
- Commercial
- Industrial
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the PMOLED market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global PMOLED Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pmoled market include Sharp Corporation (Japan), WiseChip Semiconductor Inc. (Taiwan), LG Display (South Korea), Japan Display (Japan), Raystar Optronics Inc (Taiwan), Accelopment AG (Switzerland), Apple Inc (US), Samsung Electronics (South Korea), Panasonic Corporation (Japan), Sony Corporation (Japan), Visionox (China), US Micro Products (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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