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Global AMOLED Display Market Witnesses Rapid Technological Advancements

Reviewed

Apr 17 2014

Research and Markets has announced the addition of the "Global AMOLED Display Market 2014-2018 with AU Optronics, Japan Display, LG Display, Panasonic, Samsung Display Dominating" report to their offering.

The Global AMOLED Display Market will grow at a CAGR of 18.3 percent over the period 2013-2018.

The growth of the Global AMOLED Display market is driven by several factors, of which the increasing adoption of AMOLED displays in smartphones is one of the major drivers. The unique features of AMOLED displays such as high resolution and ultra-high clarity help in enhancing the user experience. Therefore, smartphone manufacturers are increasingly adopting AMOLED displays.

One of the major trends witnessed in the Global AMOLED Display market is the rapid technological advancements. The continuous technological evolution has led to an increase in the applications of AMOLED display in various devices. In addition, AMOLED display vendors are able to provide products that deliver high-quality output for customers. The Global AMOLED Display market is currently witnessing rapid changes/upgrades in technology. This trend has led to the development of high-performance AMOLED displays that offer an enriched user experience. Thus, rapid technological advancements are perceived as a positive trend that is expected to contribute to the growth of the market during the forecast period.

Further, the report states that the high cost associated with AMOLED display production is one of the key challenges. The technology used in the production of AMOLED displays is highly complicated, thereby adding to the total production cost.

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