DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qnkld8/oled_display) has announced the addition of the "OLED Display Market in the APAC Region 2014-2018" report to their offering.
The OLED Display market in APAC to grow at a CAGR of 41.7 percent over the period 2013-2018.
OLEDs are organic light-emitting diodes that use organic materials to produce light. The organic material is packed between conductors that are lit up when electricity is passed through them. OLED display units contain many thin films of several organic molecules that produce various colors of light. Unlike LCDs, OLEDs do not require backlights and filters as the light emitted is bright enough for display. The OLED Display market in the APAC region is nearing commercialization and during the forecast period, the market is expected to grow at a high rate.
One major trend upcoming in this market is increased dependency on cellphones. With increasing levels of awareness and tech-savvy consumers, the number of cellphone users is increasing. Cellphones are available in different ranges according to the affordability of consumers.
According to the report, the increased benefit of mobile wallets is one of the major drivers in this market. There are many advantages of mobile wallets; for example, they are more secure than real wallets, and consumers do not have to carry real wallets on the go.
Further, the report states that one of the major challenges in the market is infrastructural inadequacies. Hindrances in communication systems, and lack of accessibility and interoperability are some of the fallouts of infrastructural inadequacies, especially in the APAC region. The mobile wallet is a new concept, and, therefore, its success is highly dependent on the confidence level of end-users. However, these infrastructure issues can inhibit end-users' confidence.
To calculate the market size, the report considers revenue generated from the sales of OLED displays used in the following devices:
- Mobile devices (smartphones, tablets, and other mobile devices)
- PCs, laptops, and desktops
- Others (game consoles, audio/video players, automobiles, other consumer electronic appliances)
- RiT Display
- Samsung Display
- Tohoku Pioneer
- Visionox Display
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Description
- Market Landscape
- Market Segmentation by Product
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/qnkld8/oled_display