OLED Panels Transform Consumer Electronics and Televisions, Driving Market Expansion

October 31, 2023 Audrey

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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:

Surging Demand for OLED Televisions: OLED TVs are gaining popularity due to advantages in viewing angles and black levels, contributing significantly to market growth.
Rise of Foldable Smartphones: OLED panels are essential for manufacturing enhanced and foldable smartphones, further boosting the market.
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.
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.
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:

What was the global OLED panel market size in 2022?
What is the projected CAGR for the market during 2023-2028?
What are the primary factors fueling market growth?
How has COVID-19 impacted the OLED panel market?
What is the market breakdown by type, technology, size, and end user?
Which

The latest Technological Improvements to Propel Expansion of the Gaming Devices Marketplace in Foreseeable Upcoming | CAGR 12.7%

August 13, 2022 Audrey

Gaming Devices Industry

Growing selection of gaming information creators is foremost to a increase in the gaming gadgets marketplace

POTLAND, 5933 NE Get SIVERS Generate, #205, OR 97220U, UNITED Point out, July 20, 2022 /EINPresswire.com/ — estimate Asia-Pacific is the dominant location in worldwide gaming devices market owing to the truth that big variety of inhabitants is lively on social media and existence of producing countries this kind of as India, China, South Korea, and other individuals. What’s more, surge in Gaming Gizmos Industry Demand, inclination of firms towards price-powerful devices, sturdy progress in research & planning, and emerging technological infrastructure are predicted to supply substantial expansion prospects for the market place in Asia-Pacific. estimate

According to a new report posted by Allied Marketplace Research, titled, “Gaming Gizmos Sector,” The gaming devices market place sizing was valued at $52.70 billion in 2021, and is believed to get to $166.96 billion by 2031, escalating at a CAGR of 12.7% from 2022 to 2031.

Gaming has develop into one of the major kinds of amusement in the world in the final pair of many years. A lot of buyers, primarily more compact little ones and young people, are turning to gaming as their key supply of pleasurable and entertainment. Online games like Fortnite, Minecraft, Environment of Warcraft, and PlayerUnknown’s Battlegrounds are starting to be notable in homes throughout the world. Due to the increase of gaming as a craze, the sales of gaming units are going up, as these styles of devices are expected to play games with the optimum overall performance outputs and the best possible graphical settings.

Gaming as information and media has come to be quite popular in current a long time. A lot of allows gamers, Youtubers, and streamers are actively engaged in creating material based on gaming and gaming devices. Also, quite a few of these articles creators and entrepreneurs have arrive with each other in purchase to create organizations identified as e-sports activities orgs that are entirely dedicated to gaming. This has led to a intense maximize in the selection of people today that are moving into into gaming information development and e-sports, which has led to an boost in the income of gaming equipment, as gaming devices are needed to create these types of variety of material. Numerous written content creators especially obtain numerous gaming PCs and consoles in purchase to create all types of gaming associated content that could be unique to certain platforms, which is even more boosting the revenue of gaming devices.

Request For Sample :- https://www.alliedmarketresearch.com/request-sample/17315

Gaming devices are specialized machines that need innovative systems and appropriate hardware and software in order to purpose properly. Quite a few players in the gaming gizmos market place are seeking to supply leading of the line, quality goods and hardware parts for gaming as they supply the ideal practical experience and performance even though gaming. Nevertheless, the integration of more recent technologies into these gizmos also significantly raises the cost of the

Gaming’s mergers and acquisitions boom is thanks to industry expansion

May 19, 2022 Audrey

Did you skip a session from GamesBeat Summit 2022? All sessions are readily available to stream now. Learn additional.

At GamesBeat Summit, one particular of the matters was the modern growth in mergers and acquisitions in the video games field. No matter if it is the Microsoft-Activision acquisition or Just take-Two’s acquisition of Zynga, these bargains are obtaining a large impact on gaming world.

One particular of the panels at the Summit, “M&A: Describing how the gaming environment will alter,” dove into this topic. Moderated by Alina Soltys of Quantum Tech Associates, the panel showcased Frankie Zhu, investment decision banker at LionTree, and Chris Petrovic, CBO of FunPlus.

How the rise of gaming improvements things

At the starting of the panel, Zhu pointed out that the former year’s spike in gaming has modified the landscape. “The participant engagement and the number of players in the ecosystem has improved forever. This has largely been a boon for a good deal of the IP holders, for the reason that they’ve understood how impressive gaming is as a medium to monetize their IP.”

Petrovic also pointed out that firms are creating these investments with development in brain. “These general public firms, like Microsoft and Just take-Two, even even though they have maybe had their unique different good reasons for accomplishing acquisition, ultimated desired to get entry to a lot more scale, wanted to get entry to far more IP, wished to get entry to far more audiences and perhaps a diversified viewers across platforms. Which is what the market is satisfying.”

Will we see additional M&A?

The panel also talked about the potential, such as regardless of whether we’ll see far more mergers and acquisitions in the upcoming. Zhu reported, “I feel ideal now is an all-time large in terms of gaming innovation, which is expanding the sector fast. You search at the proliferation of smartphones: Now primarily all people with a smartphone is a gamer, irrespective of whether they like to get in touch with them selves a gamer or not. You also have cloud gaming, which is opening the limitations to common gaming. Customarily, you experienced to personal quite expensive components in get to test or perform any of these goods. Those people boundaries are obtaining knocked down and additional of the environment is getting opened to this house.”

Petrovic also pointed out that the gaming market will probable improve with the rise of Net3. “[The creators of Web3] are making an setting several of us are not comprehending, due to the fact the styles of solutions they are making and the target viewers that are consuming these products are not your traditional ‘gamers’ and the Western marketplaces that we’re employed to…. I believe what the gaming industry is going to pivot into or evolve into is trying to see if this Web3 system possibility is a genuine one particular, if it begins attracting more conventional audiences that we’re employed to advertising and marketing and made use of to making games

Richardson Electronics, Ltd. Continues Expansion of Power Management Capabilities with Wakefield Thermal Management

October 28, 2021 Audrey

LAFOX, Ill., Oct. 27, 2021 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL), announces a global distribution agreement with Wakefield Thermal Management products, expanding its range of heat sinks and related products for thermal management applications.

Wakefield Thermal Management has been in business since 1957, providing thermal solutions to a range of companies from international Fortune 50 companies to small and medium-sized businesses. Industries served include Power Conversion, Information Technology, Renewable Energy, Telecommunications, Transportation, Aerospace/Defense, LED Lighting, Factory Automation, Consumer, and Medical.

Wakefield Thermal manufactures a wide array of products, including thermal extrusions, LED heat sinks, heat frames and pipes, fans, heat exchangers, coolant distribution units, and liquid cold plates. Wakefield Thermal is unique in its ability to deliver the increasingly complex thermal solutions required to meet the thermal engineering challenges of today’s ever-higher electronics packaging densities.

“We are delighted to announce the partnership with Wakefield Thermal, a well-known brand in thermal management products,” stated Richardson’s Greg Peloquin, Executive Vice-President, Power and Microwave Technologies Group. “With its expansive selection of high-quality products, Wakefield’s thermal management solutions will add to our design-in capabilities for both the RF & Microwave and the Power & Energy markets.”

Richardson Electronics provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair on a global basis.

“Adding Richardson Electronics, Ltd. as an extension of the Wakefield Thermal Global Sales Channel will allow us to provide not only design assistance but global supply chain to its impressive customer base in power electronics,” stated Wakefield Thermal’s Robert Kennedy, President.“ “Richardson Electronics’ global sales force will be instrumental in growing its custom thermal solution business that is being driven by our rapid growth in NPI standard product off the shelf.”

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Richardson Electronics – Power & Microwave Technologies

For over 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave, and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do