TechNavio today launched its report Global OLED Market 2011-2014 based on an in-depth study. The report aims to aid decision makers™ understanding of the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio™s Hardware team said, The growth of OLED technology is dependent on the progress of the Active-Matrix OLED (AMOLED). A significant move toward AMOLED displays has been a key trend in the Global OLED market. This is mainly due to the fact that AMOLEDs offers many advantages such as higher resolution, excellent optical performance, and larger size displays. Further, they are anticipated to replace LCD in market segments such as mobile phone main displays, digital cameras, and global positioning systems (GPS).
According to the report, the OLED panels that are used in MP3 players and mobiles phones consume less power due to absence of backlighting compared to LCD that requires additional backlighting. As a result, the application of OLED panels in these products has considerably increased. Presently, focus has shifted to mobile phone main displays, which are expected to be the major driver for the Global OLED market™s revenue growth. Therefore, the increasing demand of MP3 players and mobile phones is anticipated to positively contribute to the revenue growth of the Global OLED market.
The report also discusses that reducing manufacturing cost continues to be a key concern for OLED manufacturers and this can impact market growth.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visithttps://www.technavio.com/content/global-oled-market-2011%E2%80%932014
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TechNavio Announces the Publication of its Report – Global OLED Market 2011-2014
