PUBLISHER: 360iResearch | PRODUCT CODE: 1471106
PUBLISHER: 360iResearch | PRODUCT CODE: 1471106
[196 Pages Report] The Transparent OLED Display Market size was estimated at USD 1.68 billion in 2023 and expected to reach USD 2.24 billion in 2024, at a CAGR 33.46% to reach USD 12.72 billion by 2030.
Transparent OLED Display is an emerging technology used to create transparent displays and screens. Transparent OLED displays are created using transparent OLED panels of organic materials emitting light when an electric current is applied. These panels typically comprise thin layers of organic compounds sandwiched between transparent electrodes. These displays are used in many applications, such as advertising, signage, automotive and vehicle-mounted displays, industrial automation, and medical imaging. These transparent display screens display dynamic or interactive content via a transparent surface. The adoption of transparent OLED displays in advertising, retail, and the automotive industry is rising to enhance the architectural designs of retail stores and user experience. However, high cost associated and manufacturing complexity, which result in longer production cycles and lower production yields, may hamper the market growth. Furthermore, technological advancements in OLED display and integration into wearable devices, such as smartwatches, fitness trackers, or smart glasses, are expected to provide lucrative opportunities for the market in the forecasted period.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 1.68 billion |
Estimated Year [2024] | USD 2.24 billion |
Forecast Year [2030] | USD 12.72 billion |
CAGR (%) | 33.46% |
Product: Rising preference for PMOLED due to its lower brightness levels
AMOLED displays stands for active-matrix organic light-emitting diode, a display technology used in various electronic devices such as smartphones, tablets, and televisions. It offers vibrant colors, high contrast ratios, and fast response times for displays. AMOLED displays have individual pixels that emit light, allowing for true blacks and vivid colors. PMOLED stands for passive-matrix organic light-emitting diode used in smaller electronic devices such as wearable devices, small appliances, and simple display applications. This type of display is relatively older and less popular than AMOLED due to its lower brightness levels, limited viewing angles, and slower refresh rates than AMOLED displays. However, PMOLEDs are significantly cheaper in production than AMOLED displays.
Size: Deployment of 4 to 7-inch across smartphone and portable device
The 4 to 7-inch display is most popular among electronics manufacturers, especially in the smartphone and portable device markets. The technological advancements in this range have steadily improved performance, with manufacturers prioritizing high resolution, seamless user-interface experience, and energy efficiency. Consumers have shown a strong preference for this segment due to the balance it strikes between screen space and device portability. The size segment of less than 4 inches in Transparent OLED displays has seen considerable demand in the wearable technology segment. These small-sized displays are common in cutting-edge smart watches, fitness trackers, and augmented reality glasses. These compact displays offer high resolution and vibrant colors and maximize power efficiency, which is crucial for wearable devices with limited battery capacities. The more than 7-inch transparent OLED display innovation is most evident in laptops, tablets, and digital signage. Industries such as retail and hospitality leverage these displays for interactive customer experiences. Despite their larger size, these displays maintain the vividness and clarity of OLED technology while delivering significant energy savings over traditional display technologies.
Pannel: Rising usage of flexible OLEDs made from flexible metallic foils and pliable plastic materials
OLEDs use a flexible substrate made from flexible metallic foils or pliable plastic materials. This unique characteristic allows the OLED displays to be not only flat but also rolled, folded, or even stretched. Flexibility adds another dimension to how these displays can be incorporated into product designs. The industries particularly benefiting from flexible Transparent OLED displays are automotive, wearables, medical applications, and consumer electronics. Rigid OLED displays use glass as a substrate, lending them enhanced resistivity against pressure and damage. Rigid OLEDs in the past were more prevalent due to their considerable longevity and lower manufacturing costs. However, advancements in technology and material science have paved the way for the feasible manufacture of equally durable flexible OLEDs. Rigid Transparent OLED displays remain a popular choice for indoor applications where traditional glass-based displays are required, such as televisions, computer monitors, and fixed advertising panels.
Application: Increasing deployment of transparent OLED displays into wearable devices that provide see-through visuals
Transparent OLED Displays are increasingly being utilized in digital signage applications. These displays offer a unique advantage by providing see-through visuals while displaying dynamic and engaging content. Transparent OLED displays are integrated into wearable devices such as smartwatches, fitness trackers, or smart glasses. In television sets, transparent OLEDs allow for an immersive viewing experience by displaying content on the entire surface of a device. They offer superior image quality, higher contrast levels, and greater brightness than traditional LCD and LED displays. Transparent OLED displays can be incorporated into various smart devices, including smartphones and tablets. These displays enhance the functionality and user experience of tablets and smartphones by enabling innovative features such as virtual touch controls on the back of the device or integrating augmented reality elements into the user interface.
Regional Insights
The transparent OLED display market in the Asia-Pacific region is observing tremendous growth, owing to the presence of manufacturers of large electronics and display products. Transparent OLED displays are widely used in retail and hospitality to improve the store setting. The hospitality and advertising industry in the APAC region is leveraging transparent OLED displays by utilizing transparent displays for informational purposes, such as displaying menus and event schedules to enhance guest experiences and create unique environments. Improved visual merchandising, the rise in innovation activities for store design, and the growth in the retail industry in APAC are driving the adoption of transparent OLED displays in the region. The transparent OLED display market in the Americas observes a rapidly evolving market attributed to the rising technological advancements and display technologies. The significant adoption of smart wearable devices, computers, and smartphones across developed economies drives the adoption of this product in the region. High expenditure on consumer electronics and increased income levels are expected to create lucrative growth opportunities for transparent OLED displays market in EMEA region.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Transparent OLED Display Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Transparent OLED Display Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Transparent OLED Display Market, highlighting leading vendors and their innovative profiles. These include AUO Corporation, BOE Technology Group Co., Ltd., BSI International, Inc., Crystal Display Systems Ltd., Display Logic USA, EG Electronics Group, Glimm International B.V., JOLED Inc., Konica Minolta, Inc., LG Electronics, New Vision Display (Shenzhen) Co, Ltd., OSRAM GmbH, OTI Lumionics Inc., Panasonic Holding Corporation, Planar Systems, Inc., Pro Display, Samsung Electronics Co., Ltd., Shanghai Vitrolight Technology Co., Ltd., Shenzhen Allvision Technology Co. Ltd., Sony Corporation, Tianma Microelectronics Co., Ltd., Universal Display Corporation, Visionox Company, and WiseChip Semiconductor Inc..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Transparent OLED Display Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Transparent OLED Display Market?
3. What are the technology trends and regulatory frameworks in the Transparent OLED Display Market?
4. What is the market share of the leading vendors in the Transparent OLED Display Market?
5. Which modes and strategic moves are suitable for entering the Transparent OLED Display Market?