OLED Drives the Smartphone Display Panel Market in 2021


Major 3 Vendors Keep 72% Current market Share

BOSTON, March 24, 2022–(Company WIRE)–The world wide smartphone display panel industry recorded a profits of $46 billion in CY2021, according to the Strategy Analytics Handset Component Systems assistance report, “Smartphone Show Panel Industry Share Q4 2021: Samsung Display screen Achieves 50 % Share.”

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Smartphone Exhibit Panel Industry 2021, Source: Method Analytics’ Handset Ingredient Technologies provider

According to Approach Analytics investigation, the smartphone exhibit panel recorded far more than 5 p.c yearly revenue advancement. Samsung Exhibit dominated the current market with 49 p.c earnings share followed by BOE Technology with 16 p.c and LG Exhibit with 8 percent in 2021. The report estimates that the top-three display screen panel sellers captured nearly 72 p.c income share in the world-wide smartphone display screen panel market place.

Jeffrey Mathews, Senior Analyst at Technique Analytics commented, “OLED exhibit panels observed elevated adoption in the source chains of primary smartphone OEMs. We observe extra than 600 million OLED panels for smartphones had been transported to OEMs. The OLED phase continued to see sturdy momentum in phrases of consumer desire. On the other hand, the shortage of display driver ICs and raising BOM restricted the growth of the OLED section and permitted Liquid crystal display panels to seize volumes.”

Stephen Entwistle, Vice President of the Strategic Systems Apply at Approach Analytics additional, “Smartphone Display screen Panel know-how is set to be a potent issue of differentiation this year. We forecast intense opposition for OLED shows as leading smartphone OEMs continue to find far more exhibit suppliers to counter price and provide issues.”

Source: Method Analytics, Inc.

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About System Analytics
System Analytics, Inc. is a international chief in supporting companies throughout their organizing lifecycle by means of a variety of custom made sector analysis methods. Our multi-discipline abilities include marketplace research advisory companies, shopper insights, consumer knowledge design and innovation expertise, cellular client on-unit tracking and company-to-enterprise consulting competencies. With area expertise in good units, linked cars, smart household, assistance companies, IoT, strategic components and media, Method Analytics can create a alternative to fulfill your unique scheduling require. For much more info, check out us at www.strategyanalytics.com.

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Contacts

Report contacts:
Creator: Jeffrey Mathews, +44 ()1908 423 615, [email protected]
European Get hold of: Stephen Entwistle, +44 ()1908 423 636, [email protected]
US Get in touch with: Christopher Taylor, +1 617 614 0706, [email protected]



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