OLED Panels Transform Consumer Electronics and Televisions, Driving Market Expansion

Company Logo

Company Logo

Global OLED Panel Market

Global OLED Panel Market

Global OLED Panel Market

Dublin, Oct. 25, 2023 (GLOBE NEWSWIRE) — The “OLED Panel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.

The global OLED panel market has demonstrated impressive growth, reaching a significant US$ 35.8 Billion in 2022. Projections from industry experts indicate continued expansion, with the market poised to reach a substantial US$ 71.0 Billion by 2028, exhibiting a remarkable compound annual growth rate (CAGR) of 12.2% during the period from 2023 to 2028.

Revolutionizing Displays with OLED Panels:

Organic Light-Emitting Diode (OLED) panels are constructed from organic materials that emit light when an electric current is applied. These panels consist of a substrate, backplane, frontplane, and encapsulation layer to prevent oxygen and moisture infiltration. OLED panels offer efficiency, thinness, and flexibility due to the absence of backlights and filters, in contrast to Liquid-Crystal Display (LCD) panels. They provide superior viewing angles, rapid response times, and compact form factors while delivering enhanced image quality, vibrant colors, smooth motion, and high contrast. OLED panels are widely adopted in televisions (TVs), smartphones, handheld game consoles, computer monitors, and personal digital assistants (PDAs).

Market Trends and Drivers:

  1. Surging Demand for OLED Televisions: OLED TVs are gaining popularity due to advantages in viewing angles and black levels, contributing significantly to market growth.

  2. Rise of Foldable Smartphones: OLED panels are essential for manufacturing enhanced and foldable smartphones, further boosting the market.

  3. Investment in R&D: Leading market players are heavily investing in research and development (R&D) efforts to incorporate transparent OLED display panels and active-matrix organic light-emitting diode (AMOLED) panels, enhancing market prospects.

  4. Consumer Electronics Demand: Growing demand for consumer electronics, including computers, laptops, smartphones, tablets, gaming consoles, wearables, digital cameras, virtual reality (VR), and augmented reality (AR) devices, fuels market growth.

  5. Awareness of OLED Benefits: Increased awareness of the advantages of OLED displays, such as energy efficiency, sunlight readability, and easier recycling compared to LCD panels, creates lucrative opportunities for industry investors.

Key Market Segmentation:

The report presents comprehensive market segmentation:

  • Type: Flexible, Rigid, Transparent

  • Technology: PMOLED Display, AMOLED Display

  • Size: Small-sized OLED Panel, Medium-sized OLED Panel, Large-sized OLED Panel

  • End User: Mobile and Tablet, Television, Automotive, Wearable, Others

  • Region: North America, Asia-Pacific, Europe, Latin America, Middle East and Africa

Competitive Landscape:

Key players in the OLED panel market include BOE Technology Group Co. Ltd., Innolux Corporation, Koninklijke Philips N.V., LG Display (LG Electronics Inc.), OSRAM OLED GmbH (OSRAM GmbH), Raystar Optronics Inc., RITEK Corporation, Samsung Display Co. Ltd. (Samsung Electronics Co., Ltd.), Sony Group Corporation, Universal Display Corporation, Visionox Co. Ltd, Winstar Display Co. Ltd., and WiseChip Semiconductor Inc.

Key Questions Addressed in the Report:

  1. What was the global OLED panel market size in 2022?

  2. What is the projected CAGR for the market during 2023-2028?

  3. What are the primary factors fueling market growth?

  4. How has COVID-19 impacted the OLED panel market?

  5. What is the market breakdown by type, technology, size, and end user?

  6. Which

Read More

Rising Use of Smart Electronics Devices to Fuel Demand for MOVs in Consumer Electronics Sector

Company Logo

Company Logo

Global Market for Metal Oxide Varistors (MOV)

Global Market for Metal Oxide Varistors (MOV)

Global Market for Metal Oxide Varistors (MOV)

Dublin, June 19, 2023 (GLOBE NEWSWIRE) — The “Metal Oxide Varistors (MOV): Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Metal Oxide Varistors (MOV) estimated at US$11.3 Billion in the year 2022, is projected to reach a revised size of US$27.6 Billion by 2030, growing at a CAGR of 11.8% over the analysis period 2022-2030.

Ring MOV, one of the segments analyzed in the report, is projected to record a 12.4% CAGR and reach US$12.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Block MOV segment is readjusted to a revised 11.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 13.5% CAGR

The Metal Oxide Varistors (MOV) market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$8.3 Billion by the year 2030 trailing a CAGR of 13.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.6% and 9.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.

Select Competitors (Total 94 Featured) –

  • Bourns, Inc.

  • Centra Science Corp

  • Dean Technology, Inc.

  • Elpro International Ltd.

  • Fenghua (HK) Electronics Ltd.

  • JOYIN CO., LTD.

  • KEMET Corporation

  • KOA Corporation

  • Littelfuse, Inc.

  • MDE Semiconductor, Inc.

  • Murata Manufacturing Co., Ltd.

  • Nippon Chemi-Con Corporation

  • Panasonic Corporation

  • SEMITEC Corporation

  • Songtian Electronics Co., LTD (STE)

  • TDK Corporation

  • Thinking Electronic Industrial Co., Ltd.

  • Vishay Intertechnology, Inc.

Key Attributes:

Report Attribute

Details

No. of Pages

404

Forecast Period

2022 – 2030

Estimated Market Value (USD) in 2022

$11.3 Billion

Forecasted Market Value (USD) by 2030

$27.6 Billion

Compound Annual Growth Rate

11.8%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 Pandemic and Looming Global Recession

  • 2020 Marked as a Year of Disruption & Transformation

  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?

  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022

  • An Introduction to Metal Oxide Varistor (MOV)

  • Types of MOVs

  • Global Market Prospects & Outlook

  • Ring MOVs: The Largest Type

  • Competition

  • World Brands

  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Need to Ensure Reliability & Safety of Electrical Power Systems Enhances Significance of MOVs

  • Need for Protection Devices: Growth Opportunities for Metal Oxide Varistors

  • Automotive Electronics: Rising Demand for Communication Technologies Bodes Well for the Market

  • Average Value of In-Vehicle Electronics Per Vehicle (In US$) for the Years 2018, 2025 & 2030

  • Breakdown of the Total Cost of Electronics in an Automobile (in %) for the Years 1970, 1980, 2000, 2017, 2020 and

Read More

Consumer Electronic Production Assistance Suppliers Are Starting to be Vital Players in the Automotive Sector

Company Logo

Business Brand

Dublin, Could 23, 2023 (World NEWSWIRE) — The “Automotive Electronics OEM/ODM/EMS Marketplace Report, 2023” report has been added to ResearchAndMarkets.com’s giving.

Automotive electronics OEM/ODM/EMS investigate: amid the disruption in the division of labor manner in the source chain, which vehicle elements will be lined by OEM/ODM/EMS manner?

Buyer digital manufacturing assistance (EMS) providers are getting to be important gamers in the automotive field.

Due to the sluggish progress of the shopper electronics sector, lots of shopper EMS suppliers have started to faucet the new automotive electronics (OEM) market. Top rated makers these kinds of as Luxshare Precision, BOE, Lens Technology and Sunny Optical Know-how have made phased final results.

Besides acting as Tier 1 suppliers of automotive electronics, buyer EMS companies are also increasing the OEM company promptly, for case in point:

Sunny Optical Know-how manufactures LiDAR modules for Innovusion

Cowell (Apple’s major provider of entrance digital camera modules), a subsidiary of Luxshare Precision, has secured a LiDAR OEM get from RoboSense. It participates in the design and style and manufacturing by way of joint design and style production (JDM) design. The LiDAR organization grow to be its second progress curve

Luxshare Precision cooperates with Chery to produce the ODM product with true projects scheduled to be carried out close to 2024. It targets standard foreign automakers and Chinese Clever EV makes.

As problems automotive OEMs, emerging carmakers and standard mainstream automakers are producing continual endeavours on complete-stack independent growth. As they take pleasure in much more autonomy in components style and design and definition and look for to acquire differentiated and personalized goods, the issues this sort of as long growth cycle, high advancement charge, rigid cooperation models, low openness and patent possession stand out in traditional suppliers.

Cars develop into a lot more like smartphones. Automotive OEMs not only want to outline and grasp the procedure architectures and software program algorithms of core merchandise by by themselves, but also hope to guide or participate in the layout of hardware techniques and outsource the manufacturing to automotive electronics corporations, thus deriving three styles: OEM, ODM and EMS.

OEM (first devices producer) design: automakers design, and designate OEMs which manufacture according to the unique patterns and supply OEM companies with materials provided by the automakers

ODM (unique style company) product: upon the necessities of shoppers and their preferred functions, ODMs choose on all the links from product R&D to style and design, and then to generation. Automakers that purchase their provider only want to brand the finished products. As cross-border motor vehicle producing thrives, the ODM design that includes ‘commissioned design and style and producing or authentic layout and manufacturing’ has begun to prevail, for example, the cooperation amongst JAC and NIO, among Seres and Huawei, between Chery and Luxshare Precision

EMS (electronics production solutions) product: this design originates from consumer electronics. Dependent on the ODM model, it also presents understanding and management expert services, which includes logistics administration, uncooked materials procurement, and just after-sale companies. In the

Read More

Increasing Utilization of Consumer Electronics Bolsters Growth

DUBLIN, May 5, 2023 /PRNewswire/ — The “Global Filtered Connectors Market by Type (C Circuit Filter, L-C or C-L Circuit Filter, Pi Circuit Filter), Application (Commercial, Industrial, Medical) – Cumulative Impact of High Inflation – Forecast 2023-2030” report has been added to  ResearchAndMarkets.com’s offering.

Research and Markets Logo

Research and Markets Logo

The Global Filtered Connectors Market is projected to grow with a significant CAGR in the forecast period. Economic development and substantial infrastructure development have constituted regional revenue generation. Further, the patterns associated with domestic production, import and export, and consumption have helped market participants to analyze and capitalize on potential opportunities. Besides, the qualitative and quantitative parameters provided in the report with detailed analysis highlights the driving and restraining factors of the Global Filtered Connectors Market.

Market Dynamics

Drivers

  • Increasing Utilization of Consumer Electronics

  • Government Initiatives for Deployment of Electric Vehicles

  • Growing Applicability to Prevent Electromagnetic Interference

Restraints

Opportunities

Challenges

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies – USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.

Market Segmentation & Coverage:

  • Based on Type, the market is studied across C Circuit Filter, L-C or C-L Circuit Filter, and Pi Circuit Filter.

  • Based on Application, the market is studied across Commercial, Industrial, Medical, and Military & Aerospace.

  • Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes vendors in the Global Filtered Connectors Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The Global Filtered Connectors Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their

Read More

India Consumer Electronics and Appliances Marketplace, By Kind, By Software, By Distribution Channel, By Area, By Top rated 3 Foremost States, Competitiveness, Forecast & Alternatives, 2017-2027F

ReportLinker

ReportLinker

India Shopper Electronics and Appliances Industry, By Kind (Audio & Visible Electronics, Dwelling Appliances, Kitchen area Appliances, and Personal Treatment Devices), By Application (Household and Business), By Distribution Channel (Multi-Branded Merchants, Hypermarket/ Grocery store, On-line, and Other people (Immediate Revenue, Special Suppliers, and many others.

New York, June 30, 2022 (World NEWSWIRE) — Reportlinker.com announces the release of the report “India Client Electronics and Appliances Marketplace, By Sort, By Application, By Distribution Channel, By Region, By Major 3 Foremost States, Level of competition, Forecast & Opportunities, 2017-2027F” – https://www.reportlinker.com/p06289850/?utm_supply=GNW
)), By Location, By Top rated 3 Top States (in every area), Level of competition, Forecast & Chances, 2017-2027F

India customer electronics and appliances industry was valued at USD78.95 billion in 2021 and is predicted to increase at an impressive CAGR of 12.78% in the forecast period of time, 2023-2027, to reach USD160.03 billion by 2027. Customers are turning into extra aware of the rewards of employing consumer electronics and appliances and are investing in the acquire of premium appliances. The growing residential sector and favorable governing administration policies are the most important motorists for the India shopper electronics and appliances market. Also, the significant online penetration and proliferation of sensible products and integration of intelligent systems like the web of items and artificial intelligence are anticipated to create new advancement avenues for the India shopper electronics and appliances current market in the forecast period.
The revenue stage of middle-course family members is growing at a rapid charge, and they are ready to devote additional on good quality life and equipment to are living a at ease existence.Businesses are doing the job on the growth of substantial-accomplishing and uncomplicated-to-use products to satisfy the growing consumer prerequisites.

Current market players are striving to access distant areas by investing in establishing an productive source chain and inventory and adopting e-commerce internet websites to provide their solutions. An improve in the utilization of buyer electronics and appliances and the availability of a large portfolio of products and solutions are envisioned to gasoline the desire for India consumer electronics and appliances market in the forecast interval.
The India shopper electronics and appliances current market is divided into form, application, distribution channel, regional distribution, and aggressive landscape.Primarily based on variety, the sector is divided into audio & visual electronics, dwelling appliances, kitchen area appliances, and own care devices.

The Audio & visible electronics segment dominated the industry in 2021 and held 85.02% of the whole marketplace share. The availability of good quality audio and visible digital equipment at competitive selling prices and the increasing expenditure ability of buyers are driving the segment demand. Adoption of attractive internet marketing approaches by the marketplace players and online income channels is expected to gasoline the sales of consumer electronics and appliances throughout the nation.
The major marketplace gamers running in India customer electronics and appliances industry are BBK Group (Oppo, Vivo, Realme, OnePlus), Samsung India Electronics Personal Restricted, Xiaomi Engineering India Private Confined, Apple India Non-public Limited, LG

Read More

Global Consumer Electronics Market to 2028

Company Logo

Company Logo

Consumer Electronics Market

Consumer Electronics Market

Consumer Electronics Market

Dublin, April 01, 2022 (GLOBE NEWSWIRE) — The “Consumer Electronics Market, By Device Type: Consumer Electronic Device, Wearable Device, Smart Home Device, By Region – Size, Share, Outlook, and Opportunity Analysis, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering.

Consumer electronics or otherwise known as home electronics are electronics meant for personal use, normally at home. Consumer electronics consist of electronic appliances used for communication, entertainment, and also recreational purposes. Mostly referred to as white goods because of the fact that most products being manufactured in black or neutral colors are housed in dark or black casing.

More advanced white electronics appliances usually come with flashy advertisements, which is another reason for the popularity of these appliances. The new trends in consumer electronics products are discovered every day and their effects on the industry are remarkable.

Market Dynamics

Increasing number of smartphone users is expected to boost the global consumer electronics market growth over the forecast period. As per the Pew Research Center, in 2019, around 81% of people in the U.S. had smartphones, increasing from 68% in 2015. According to the same source, tablet users in the U.S. increased from 34% in 2013 to 52% in 2019. This, in turn, has increased the demand for advanced smartphones and tablets.

Furthermore, growing popularity of modern consumer electronics in Asia Pacific is expected to accelerate growth of the global consumer electronics market in the near future.

Key features of the study:

  • This report provides in-depth analysis of the consumer electronics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

  • It profiles key players in the global consumer electronics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

  • Key companies covered as a part of this study include Panasonic Corporation, Samsung Electronics Co. Ltd., Toshiba Corporation, LG Electronics Co. Ltd., Hewlett-Packard Inc. (HP), Apple Inc., Sony Corporation, Hitachi Ltd., and Koninklijke Philips N.V.

  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

  • The global consumer electronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global consumer electronics market

Key Topics Covered:

1. Research Objectives and Assumptions

2. Market Purview

  • Report Description

  • Market Definition and Scope

  • Executive Summary

  • Market Snippet, By Device Type

  • Market Snippet, By Region

  • Opportunity Map

3. Market Dynamics, Regulations, and Trends Analysis

4.

Read More