LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global OLED market report until 2020. This research report also lists 17 other prominent vendors that are expected to impact the market during the forecast period.
According to the report, the global organic light emitting diode (OLED) market is characterized by a moderate amount of competition as it is dominated by LG and Samsung. Samsung is the dominant vendor in the global AMOLED display market, and most smartphone manufacturers rely on the company for mobile device displays. The competition in the market is not expected to increase significantly during the forecast period, as developing the infrastructure to manufacture OLEDs is expensive and time-consuming. However, many Chinese vendors such as BOE, CSOT, and First-O-Lite are investing huge amounts of money to build their OLED markets.
“OLED manufacturing facilities still face uncertainty related to scale and location. Korean OLED manufacturers such as LG Display and Samsung Display have created a platform to develop the technology on their premises. Many companies in Asia, especially in Japan, have upgraded their R&D lines for the production of prototype OLED lighting panels. In Europe, OSRAM and Philips have improved their pilot lines and have supplied their prototype products to a few luminaire manufacturers,” says Asif Ghani, lead semiconductor equipment analyst from Technavio.
Till 2015, Samsung dominated the mobile OLED panel market with a market share of 95%, and had secured a contract from Apple for the manufacture of OLED displays for future iPhone devices. Chinese smartphone manufacturers are also shifting their focus toward OLED panels for their future smartphones. Huawei and Xiaomi have started the development of OLED display-equipped smartphones.
Request sample report: http://goo.gl/20lXda
Top five OLED market vendors
LG Display operates in the market through its display business area, which focuses on TFT LCDs and OLEDs. In 2015, the company generated revenue of USD 23.81 billion from its display business. The company operates through its TFT-LCD and OLED production facilities in Korea and TFT-LCD production facilities in Gumi and has a research center in Paju.
In March 2016, the company announced plans to invest in a new OLED light panel manufacturing facility, which will be the first 5th-generation OLED light panel manufacturing plant in the world. It will be located in Gumi, South Korea. LG Display will be able to produce a wide range of light panel sizes with the larger glass substrate, and to penetrate the general lighting market. The company plans to focus on decorative and task lighting in luxury hospitality and high-end retail stores in order to gradually expand to the general lighting market.
In addition, it also plans to focus on automotive and convergence applications such as OLED light panels merged with furniture, electronic devices, and architectural materials.
Samsung manufactures and sells AMOLED displays for mobile devices and TVs. The company has established itself well in the market by mass producing small-screen OLED displays. It uses these displays in its mobile devices and TVs and also supplies them to multiple smartphone manufacturers. The company, which uses AMOLEDs in many of its gadgets, is the leading company with regard to OLED production and adoption. As of 2015, it is using OLED displays in most of its new phones, including the Galaxy and Note series. The company also has several AMOLED cameras available, such as the B850F, NX200, and TL350.
Konica Minolta is headquartered in Tokyo and operates through its three business segments: industrial, healthcare, and business technologies. The company has licensed OLED intellectual property from Universal Display Corporation (UDC) and is also engaged in the development of OLED printing technologies. It uses the phosphorescent material for its OLED illumination devices. Symfos is its new OLED lighting brand.
OSRAM is a Germany-based lighting manufacturer. The company was founded in 1919 by the merger of the lighting businesses of Auergesellschaft, Siemens & Halske, and Allgemeine Elektrizitäts-Gesellschaft. The company spun off from Siemens on July 5, 2013.
In April 2015, the company announced its plans to sell off its lamps division. It had been in the business of lamps for over a century. Due to the high manufacturing cost of LED lamps compared to traditional lamps, this segment struggles to make a profit out of this business. OSRAM is the first manufacturer to use OLEDs in automotive rear lights by using them in the BMW M4.
It is a Japanese multinational corporation that designs and manufactures electronic products. The company is headquartered in Abeno-ku, Osaka. As of 2015, it employed more than 50,000 people globally. The company was founded in Tokyo in September 1912. In March 2016, Foxconn announced that it had sealed a deal to acquire Sharp at USD 3.5 billion, in order to gain the capacity to make OLED displays for future iPhones. Sharp is expected to set up one 4.5G with a monthly capacity of 13,000 glass substrates and two 6G AMOLED production lines with a monthly capacity of 11,500 and 34,500 glass substrates, which add up to a total monthly capacity of 9.85 million 5.5-inch equivalent panels.
Browse Related Reports:
- Consumer Electronics and Appliances Market in Indonesia 2016-2020
- Global Microdisplay Market 2016-2020
- Global OLED Lighting Panel Market 2015-2019
Do you need a report on a market in a specific geographical cluster or country but can’t find what you’re looking for? Don’t worry, Technavio also takes client requests. Please contact firstname.lastname@example.org with your requirements and our analysts will be happy to create a customized report just for you.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at email@example.com.