SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 221

HIGH PRIORITY MARKET

Plastic and flexible OLED to reach $ 18bn by

2020

Plastic and flexible OLED displays market to reach $ 18bn by
batteries . Future flexible displays will also make foldable mobile
2020 IDTechEx Research has recently released new forecasts for
devices a reality . The rise of plastic and flexible displays is the
the OLED display market . OLED is an emissive display
most important trend in the industry and is offering opportunities
technology which is gaining significant market share against
in the supply chain . Recently , Kateeva raised another $ 88m to
liquid crystal displays ( LCD ). OLED was initially adopted in
a ccelerate their growth . The company supplies the mass
mobile phones but can now be found in tablets , TVs , and
production equipment to deposit thin film encapsulation on
wearables . This latest Research report , OLED Display Forecasts
flexible OLED displays . All the new investors are located in China
2016-2026 : The Rise of Plastic and Flexible Displays , says the
and include BOE and TCL Capital . We now expect the market for
market will reach nearly $ 16bn this year and will grow to $ 57bn
plastic and flexible OLED displays will reach $ 18 billion by 2020 .
in 2026 .
The two main segments are currently smart phones and smart
The two main manufacturers of OLED displays have both
watches . Once the technology becomes more mature it will be
announced large investment to expand their production
possible to see larger sizes and applications in automotive
capacities . Samsung Display has plans to spend more than $ 3bn
displays .
between 2015 and 2017 to build a new production line . Their
New applications in wearable devices such as augmented reality
rival LG Display is trying to lead the industry by committing over
( AR ) and virtual reality ( VR ) are also coming to market and
$ 9bn for two new manufacturing plants . OLED displays that are
provide new opportunities for suppliers of OLED displays . Sony ,
manufactured on flexible substrates have been successfully
Oculus , and HTC have already announced new VR headsets
introduced on the market , featuring in consumer devices such as
based on OLED . In AR glasses , OLED micro displays could
the Samsung Galaxy S7 Edge or the Apple Watch . Compared to
replace LCoS ( liquid crystal on silicon ) as the main display
conventional glass-based displays , plastic OLED displays are
technology .
much thinner and lighter , enabling slimmer devices or bigger

Smart MEMS microphone market to be $ 300 million by

2020

The smart MEMS microphone market is expected to be worth
solution for implementing voice interfaces into existing and
$ 300 million in 2020 . According to industry analysts SAR
new product categories .”
Insight & Consulting , smart microphones products are
According to the latest report from SAR Insight & Consulting
expected to emerge in 2016 and see fast adoption across a
( Smart Microphones for Mobile & Beyond ) the total MEMS
number of end market including smartphones , wearable
microphone market continues to grow strongly as new use
devices , smart home and automotive .
cases emerge and existing markets move towards the use of
Key MEMS microphone vendors such as Knowles , AAC
microphone arrays .
Technologies , Goertek and STMicroelectronics could
These arrays enable more enable advanced voice
potentially grab a share of a market worth almost $ 300 million
enhancements to improve the usability of voice interface
in 2020 .
solutions such as automatic speech recognition engines for
The need for always on , always listening voice interfaces is
digital assistants such as Alexa , Cortana , Google Now , and
one of the main uses that will drive rapid growth in the market
Siri .
for smart microphones . Total unit shipments are expected to
Almost 6 billion MEMS microphones are expected to ship in
grow at a CAGR of > 230 per cent from 2016 to 2020 .
2020 for use in a wide range of equipment .
“ Smart microphones have emerged as an alternative to other
“ There are many inhibiting factors to the growth of use of
integrated voice input and processing solutions where ultra-
smart microphones , some of the most important ones include
low power consumption is paramount ,” Peter Cooney ,
cost , size , other processing choices and supplier choice ,”
Principal Analyst & Director of SAR Insight & Consulting , said .
Peter said . “ Smartphones vendors for example may choose to
“ The use of smart microphones will not wipe out other
use standard MEMS microphones rather than smart
solutions but instead will be an alternative in some markets
microphones .”
such as the smart home where these can offer the lowest cost
Spotlight on Indian Electronics 2016 | 221