Image quality and clarity has become a pivotal aspect for gadgets and appliances that need to incorporate electronic displays. This growing importance of displays will lead the OLED displays market to achieve a compounded annual growth rate (CAGR) of 31.7% between 2012 and 2018. According to a latest report by Transparency Market Research, titled “OLED Display Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018”, the global OLED Displays Market is poised to soar to US$25.9 billion by the end of 2018. This market was estimated to be worth US$4.9 billion as of 2012.

Browse the full OLED Display Market report at http://www.transparencymarketresearch.com/oled-displays.html

Much of this impressive growth in the OLED displays market can be credited to mobile phones, which constitute a 71% share of all applications of this market. Geographically, the leader in the OLED displays market is Asia Pacific, which not only produces the highest volume of OLED displays per year, but also consumes more displays than any other region in the world. The report states that the APAC region contributed nearly 90% to the overall OLED displays market as of 2012.

OLED displays have taken over the market because of their desirable features such as energy efficiency and eco-friendly characteristics. TMR analysts say that OLED displays will experience high market penetration because they offer a unique benefit – biodegradability. The gaping difference between electricity demand and supply has spurred up a considerable demand for products that are energy efficient. OLED displays are being currently produced on a mass scale simply because the demand for these components is so high and the available technology today enables this mass production. With this, the prices of OLED displays will slide considerably, gaining wider consumer acceptance, especially in price-sensitive markets in the APAC region.

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The report studies two major types of OLED display technologies: Active Matrix OLED (AMOLED) and Passive Matrix OLED (PMOLED). The former dominated the market with a nearly 80% share as of 2012. AMOLED displays widely find applications in smartphones thanks to their excellent response to touch, picture quality, and contrast. As the market for AMOLED displays continues to grow, the overall OLED displays market will also benefit from the same.

The findings of this report state that mobile phones were the largest end-user application segment for the OLED displays market, with a dominant share of 71% as of 2012. At a distant second position in the same year were OLED TVs. In the coming years, the mobile phone segment will strengthen its lead over other application segments, and experience healthy growth. However, this situation will change in 2015, when OLED display TVs are forecast to surpass mobile phones application segment. This growth will take place because of an increasing prevalence of large sized OLED. Other segments that will contribute to the global OLED display market are digital cameras and tablet PCs.

Browse the full Press Release of OLED Display Market at
http://www.transparencymarketresearch.com/pressrelease/oled-displays.htm

Over 80% of the OLED displays market share was held by four leading as of 2012. In 2011, the leader was Samsung Electronics. Other companies doing well as of 2011 were Visionox, WiseChip, and Pioneer.

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