Feature: Displays
New technologies continue to support growth in the display market
By Sai Kiran Vaddi, Senior Analyst, and Shrikant Mahankar, Associate Manager, Semiconductor and Electronics, MarketsandMarkets
D
isplays remain key output devices found across all sectors – from industrial and manufacturing, to retail, hospitality, transportation, automotive,
healthcare, and more. Since the displays market is so diverse, there are many companies competing across the value chain to strengthen their market position with bigger share, among them Samsung Electronics and LG Display from South Korea, NEC and Panasonic from Japan, and Leyard Optoelectronic from China. Tese companies continue to innovate, launch new products, build partnerships and collaborations, but also acquire others to further expand their global presence.
OLEDs Te global display market was valued at $148bn in 2021. Since then, it has been growing at CAGR of 3.6%, expected to surpass $177bn by 2026. We are seeing increased adoption of organic light- emitting diode (OLED) displays in various applications, including video walls and digital signage, television sets and interactive displays. Tere is a growing demand for
30 April 2023
www.electronicsworld.co.uk
flexible displays, where active-matrix organic light-emitting diode (AMOLED) is the preferred technology. And now there’s the emergence of new technology trends such as smart displays, collaboration displays and holographic displays. OLED displays do not require any
backlight or filtering systems; they are bright, thin and lightweight, consuming little power. As such they are found in smartphones, wearables, laptops, automotive dashboards and television sets. High-end smartphones with large
displays have contributed to the global demand for OLED panels. In automotive, they are ideal for infotainment applications, since they consume low energy and provide wide viewing angles. Many car manufacturers are already introducing larger displays in their models, for navigation, safety and infotainment systems. Generally, infotainment systems sport curved displays, for which AMOLEDs are best suited since they provide a more comfortable viewing angle.
Micro-LED displays A micro-LED is a self-emitting display technology, where micron-sized LEDs are
used as individual pixels and light sources. Tis way light efficiency is maintained and high brightness can be achieved. Micro-LED displays have many features
in common with OLED displays, but in place of organic material in the pixel stack, they use inorganic materials such as gallium nitride (GaN), which is also used in regular LEDs. Micro-LEDs are very small, typically
one-tenth the width of a human hair, which allows depositing them as pixel array on substrates like glass, plastic and metal. Te display market is witnessing an increased demand for high-brightness and low-power display panels, especially for smart watches, near-eye displays and smartphones, and micro-LEDs can play a vital role here. Te use of micro-LED display panels in head- mounted displays (HMD) is a major factor contributing to the technology’s market growth.
Consumer electronics demand Te consumer electronics market is growing at a very fast rate with remarkable advancements in technology, such as improved picture clarity in large displays and evolution in smartphones.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44