Strategy Analytics: Samsung Display Leads the Expanding Smartphone Display Panel Market in H1 2021 with 48 Percent Share
BOSTON--(BUSINESS WIRE)--Oct 4, 2021--
The global smartphone display panel market posted a revenue of $21 billion in H1 2021, according to the Strategy Analytics Handset Component Technologies service report, “ Smartphone Display Panel Market Share Q2 2021: Samsung Display Maintains Top Spot.”
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According to Strategy Analytics research, the smartphone display panel market witnessed a double-digit revenue growth asSamsung Displayled the market with 48 percent revenue share followed byBOE Technologywith 15 percent andTianma Microelectronicswith 8 percent in H1 2021. The top-three display panel vendors captured nearly 71 percent revenue share in the global smartphone display panel market in H1 2021.
Jeffrey Mathews, Senior Analystat Strategy Analytics commented, “The smartphone display panel market grew on the back of continued demand from handset manufacturers who expanded the application of OLED panels in mid and high-tier smartphones. The scramble to secure display panel inventory to mitigate supply challenges, is also driving demand. China Display Panel vendors especially BOE Technology, Tianma Microelectronics and TCL CSOT registered strong OLED design wins in the supply chain of China Smartphone OEMs in H1 2021.”
Stephen Entwistle, Vice President of the Strategic Technologies Practice at Strategy Analytics noted, “We forecast the seasonal demand for high-end display technologies especially Foldable Displays, will drive further growth in the market. However, the ongoing display driver component shortages will impact the supply of key display panel products in the smartphone display panel market.”
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Source: Strategy Analytics, Inc.
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Service Name: Handset Component Technologies
View source version on businesswire.com:https://www.businesswire.com/news/home/20211004005590/en/
CONTACT: Report contacts:
Author: Jeffrey Mathews, +44 (0)1908 423 615,[email protected]
European Contact: Stephen Entwistle, +44 (0)1908 423 636,[email protected]
US Contact: Christopher Taylor, +1 617 614 0706,[email protected]
KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS
INDUSTRY KEYWORD: RETAIL CONSUMER ELECTRONICS TECHNOLOGY TELECOMMUNICATIONS SPECIALTY HARDWARE
SOURCE: Strategy Analytics
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PUB: 10/04/2021 09:46 AM/DISC: 10/04/2021 09:47 AM