London, 13 October 2014 – TechNavio, a global tech-focused research firm has announced its latest market research report on the OLED Display Market in the APAC Region 2014-2018.
Packed between conductors, OLED display units make use of organic materials to produce light. The increased adoption of AMOLED displays in a variety of devices like mobiles, TVs and PCs has promoted overall growth of the OLED Display Market in the APAC Region, encouraging a significant CAGR of 41.7 percent during the forecast period.
About the Report
The latest report by TechNavio focuses on the high concentration of vendors that are directly or indirectly contributing to market growth. As the majority of vendors in this market are based out of the APAC region, the logistics cost is reduced greatly, as shipping costs of OLED displays in this region is much lower as compared to other geographic areas.
The report also highlights rapid technological changes in the OLED Display Market, which have led to the adoption of flexible OLED displays.
“The growing adoption of flexible OLEDs has helped this technology become the next big thing in displays,” says Faisal Ghaus, Vice President of TechNavio.
“It is expected that the market will see a proliferation of devices that are prototypes of flexible OLED devices and can be bent or folded, thus increasing their portability.”
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Increased Adoption of AMOLED Displays
- For a full detailed list, view our report.
Market Challenges:
- Rising Labor Costs in China
- For a full detailed list, view our report.
Market Trends:
- Increased Adoption of Large-screen OLED Displays
- For a full detailed list, view our report.
Key Vendors:
- RiT Display Corp.
- Tohoku Pioneer Corp.
- Visionox Display Corp.
Other Prominent Vendors:
- AU Optronics
- Futaba
- LG Display
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
