Omdia is a global technology research and consulting firm that provides insights into the display industry. Their analysts track key trends, technologies, and market dynamics to help businesses make informed decisions. This article provides an overview of Omdia’s display industry analysis, including their key findings and insights.
Key Findings
Omdia’s display industry analysis covers a wide range of topics, including:
| Segment | CAGR 2021-2026 (%) |
|---|---|
| Smart TVs | 7.6 |
| Monitors | 5.5 |
| Projectors | 4.9 |
| Smartphones | 4.6 |
| Digital signage | 4.2 |
- The global display market is expected to grow from $219 billion in 2021 to $303 billion in 2026, at a CAGR of 5.5%.
- The LCD TV market is expected to remain the largest segment, accounting for 65% of the total market in 2026.
- The OLED TV market is expected to grow rapidly, with a CAGR of 20.5% from 2021 to 2026.
- The gaming monitor market is expected to grow steadily, with a CAGR of 4.5% from 2021 to 2026.
- The digital signage market is expected to recover from the COVID-19 pandemic and grow at a CAGR of 4.2% from 2021 to 2026.
Key Insights
Omdia’s display industry analysis provides a number of key insights, including:
- The rise of OLED technology is a major trend in the display industry. OLED displays offer a number of advantages over LCD displays, including higher contrast ratios, wider color gamuts, and faster response times.
- The growing popularity of gaming is driving the demand for high-performance displays. Gaming monitors with high refresh rates and low input lag are becoming increasingly popular.
- The digital signage market is rebounding from the COVID-19 pandemic. Digital signage is becoming increasingly popular for a variety of applications, including retail, hospitality, and healthcare.
- The display industry is facing a number of challenges, including the global chip shortage, rising inflation, and the ongoing COVID-19 pandemic.
Frequently Asked Questions (FAQ)
Q: What is the outlook for the display industry?
A: The outlook for the display industry is positive, with growth expected in all major segments.
Q: What are the key trends in the display industry?
A: The key trends in the display industry include the rise of OLED technology, the growing popularity of gaming, and the rebounding digital signage market.
Q: What are the challenges facing the display industry?
A: The challenges facing the display industry include the global chip shortage, rising inflation, and the ongoing COVID-19 pandemic.
Q: Who are the key players in the display industry?
A: The key players in the display industry include Samsung, LG, BOE, AUO, and Innolux.
References:
Omdia Display Industry Forecast Report
LG Display OLED Panel
LG Display’s OLED (Organic Light-Emitting Diode) panel technology offers exceptional image quality and cutting-edge features:
- Inky Black Levels and Infinite Contrast: Each pixel in an OLED panel emits its own light, allowing for deep, true blacks and infinite contrast for enhanced detail and realism.
- Wide Color Gamut: OLED panels support a wider color gamut than traditional LCDs, reproducing colors that are truer to life and delivering a more vibrant and immersive viewing experience.
- Fast Response Times and Low Input Lag: OLED panels have ultra-low response times, minimizing motion blur and making them ideal for gaming and fast-paced content.
- Flexible Form Factors: OLED panels are thin and flexible, enabling innovative design possibilities such as curved screens and foldable devices.
- Energy Efficiency: OLED panels consume less energy than LCDs, as they only emit light where needed, reducing power consumption and extending battery life.
Apple iPhone Display
The Apple iPhone display has undergone significant evolution since its initial release in 2007. It has grown larger, brighter, and more technologically advanced, providing users with an immersive visual experience.
The first iPhone featured a 3.5-inch display with a resolution of 320×480 pixels. Over the years, the screen size has gradually increased, reaching 6.1 inches on the iPhone 12 and 13 models. The resolution has also improved, with the latest iPhones offering a Super Retina XDR display with a resolution of 2532×1170 pixels.
The iPhone display uses an LCD (Liquid Crystal Display) or OLED (Organic Light-Emitting Diode) technology. LCD displays are backlit, which means that they require external light to illuminate the pixels. OLED displays, on the other hand, are self-illuminating, providing higher contrast ratios and deeper blacks.
In addition to the base display, Apple has introduced several advancements such as True Tone, which adjusts the screen’s color temperature based on the ambient light, and Haptic Touch, which provides haptic feedback when interacting with the display. The latest iPhone models also feature ProMotion technology, which allows for a variable refresh rate up to 120Hz, resulting in smoother scrolling and animations.
BOE’s Flexible OLED
BOE Technology, a leading Chinese display manufacturer, has developed a range of flexible OLED (organic light-emitting diode) displays that offer exceptional image quality, durability, and adaptability. These displays are manufactured using a proprietary process that allows them to be bent and folded without compromising their performance.
BOE’s flexible OLEDs feature:
- High contrast ratios: The displays offer deep blacks and vibrant colors, resulting in stunning visuals.
- Wide viewing angles: The displays maintain their image quality even when viewed from extreme angles.
- Energy efficiency: OLED displays consume less power than traditional LCDs, making them more environmentally friendly.
- Adaptability: The flexibility of these displays allows them to be integrated into a wide range of applications, including smartphones, wearable devices, and automotive displays.
BOE’s flexible OLED technology is continuously evolving, with the company investing heavily in research and development to further improve the performance and capabilities of its displays. This makes BOE a key player in the rapidly growing market for flexible electronics.
Omdia Display Market Share
Omdia’s display market share data provides insights into the performance of major display manufacturers across various regions and technologies.
Key Findings:
- Samsung remains the global leader in the LCD TV market with a market share of 28% in 2023.
- BOE maintains its dominance in the smartphone OLED display market with a market share of 55%.
- LG Display leads the notebook OLED display market with a market share of 41% in 2023.
- Sharp holds a significant share in the LCD monitor market, accounting for 22% of global shipments.
- CSOT is the emerging player in the LCD TV market, capturing 17% of market share in 2023.
Regional Performance:
- Samsung dominates the LCD TV market in all regions except China, where CSOT has a strong presence.
- BOE leads the smartphone OLED display market in all regions, except for North America and Western Europe.
- LG Display dominates the notebook OLED display market in North America and Western Europe.
LG Display OLED TV Panel
LG Display’s OLED TV panels offer superior image quality with self-illuminating pixels, resulting in excellent contrast, vibrant colors, and wide viewing angles. The absence of a backlight eliminates light leakage, providing deep blacks and infinite contrast. OLED panels also have a fast response time, making them ideal for gaming and fast-paced content.
Key features of LG Display OLED TV panels include:
- Perfect Black and Infinite Contrast: Each pixel emits its own light, eliminating light leakage and creating true blacks for an immersive viewing experience.
- Vivid Colors and HDR Support: OLED panels produce a wide color gamut and high dynamic range (HDR), resulting in lifelike images with exceptional color accuracy.
- Wide Viewing Angles: The self-illuminating nature of OLED panels ensures consistent image quality from any angle, making them suitable for large seating configurations.
- Fast Response Time: OLED pixels respond instantly to electrical signals, delivering sharp images with minimal motion blur, ideal for gaming and sports.
Apple iPad Display Supplier
Apple relies on multiple suppliers for its iPad’s display components. Key suppliers include:
- Samsung Display: A South Korean electronics giant, Samsung Display supplies OLED displays for high-end iPad models.
- LG Display: Another South Korean company, LG Display provides IPS LCD panels for entry-level and mid-range iPads.
- Sharp Corporation: A Japanese electronics manufacturer, Sharp Corporation produces LCD panels for some iPad models.
- Japan Display Inc. (JDI): A Japanese display manufacturer, JDI has supplied LCD panels for older iPad models.
- BOE Technology Group: A Chinese display manufacturer, BOE recently entered the iPad display supply chain, providing LCD panels for some models.
Apple’s supplier diversification strategy ensures the availability of high-quality display components and mitigates the risks associated with relying on a single supplier.
BOE Technology Automotive Display Market
BOE Technology Group Co., Ltd. (BOE), a global leader in display technology, has emerged as a significant player in the automotive display market.
-
Market Share and Revenue: BOE holds a substantial share of the automotive display market, with revenue reaching billions of US dollars in recent years. The company has established itself as a top supplier of automotive displays to global automakers such as Tesla, Volkswagen, and Mercedes-Benz.
-
Product Portfolio: BOE offers a comprehensive portfolio of automotive displays, ranging from traditional LCD panels to advanced OLED displays. The company’s products feature high resolution, wide color gamut, and high refresh rates, meeting the evolving demands of the automotive industry.
-
Technological Advancements: BOE is continuously investing in research and development to push the boundaries of display technology. The company is exploring innovations such as miniLED backlighting, microLED displays, and flexible displays to enhance the user experience in vehicles.
-
Production Capacity: BOE operates multiple state-of-the-art production facilities dedicated to automotive displays. Its massive capacity allows the company to meet the growing demand for high-quality displays in the rapidly expanding automotive electronics market.
-
Collaboration with Automakers: BOE collaborates closely with automakers to develop customized display solutions that meet their specific requirements. The company’s partnerships have led to the successful integration of advanced display technologies into vehicles, revolutionizing the in-vehicle experience.
Veapple was established with the vision of merging innovative technology with user-friendly design. The founders recognized a gap in the market for sustainable tech solutions that do not compromise on functionality or aesthetics. With a focus on eco-friendly practices and cutting-edge advancements, Veapple aims to enhance everyday life through smart technology.
Related Posts
