PMOLED Display Market Sales Likely To Touch New Heights By End Of Forecast Period 2028

With various advantageous features, such as high brightness, self-emission and high contrast ratio, PMOLED displays are seen to be the new innovation in the display market. Some of the other features which are directly adding to the growth of the PMOLED display market are its slim/thin outline, wide viewing angle and wide temperature range. Though PMOLED displays offer a number of advantageous features, the main highlight of PMOLED displays is their wide temperature range.

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PMOLED Display Market: Drivers and Challenges

One of the drivers for the PMOLED display market is the escalating use of wearable devices in the form of fitness bands, smart watches and other devices that use PMOLED displays. Simple structure of the display and general trend among youth about the wearables especially the feature that they are simple to use is leading to the growth of PMOLED market. Also, use of other such handheld gadgets that use PMOLED displays will also add to the growth of the PMOLED Display market. Recent trends show that consumers want devices that are compact and smaller in size. This particular factor will fueling growth of the PMOLED display market during the forecast period. Also, PMOLED displays are cheaper than other types of OLED displays, which is also an added advantage.

The PMOLED displays market will be hindered by some of its characteristics. PMOLED displays provide restricted resolution and hence, they are not suitable to be used in large display devices. Similarly, PMOLED displays are not power efficient and thus cannot be used in devices that require high operating energy. This leads to exclusion of PMOLED displays from many important applications, such as smartphones. PMOLED displays can only be of around 5 inches or less, which is another factor that might hinder the growth of the PMOLED display market during the forecast period.

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PMOLED Display Market: Segmentation

The PMOLED Display market can be segmented on the basis of type, application, display type and region.

On the basis of application, the PMOLED Display market can be segmented into:

  • Graphic Monochrome
  • Full Color

On the basis of application, the PMOLED Display market can be segmented into:

  • Wearables
  • Handheld Devices
  • Sub Displays
  • Others

On the basis of display type, the PMOLED Display market can be segmented into”

  • Flexible
  • Rigid

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