Home > Semiconductors & Electronics > Electronics > Smart Watch and Smart Ring LED Market

Smart Watch and Smart Ring LED Market Share

Report ID: GMI8904
Published Date: Apr 2024
Report Format: PDF

Download Free Sample

Smart Watch and Smart Ring LED Market Share

Major players operating in the smart watch and smart ring LED industry are:

Samsung Display
BOE Technology Group Co., Ltd
LG Display
OSRAM International GmbH
Japan Display Inc. (JDI)
Nichia Corporation
DOWA Electronics Materials Co.

Samsung Display and LG Display held a significant share in the market. Samsung Display is a leading provider of AMOLED display technology for the market. They offer high-quality displays with vibrant colors, deep blacks, and energy-efficient performance. Their displays enable sleek designs, always-on functionality, and excellent visibility in various lighting conditions. Samsung Display's products contribute to superior visual experiences and enhanced usability in wearable devices.

LG Display is a leading manufacturer of display technologies, including OLED and LCD panels. In the market, LG Display provides high-quality OLED panels known for vibrant colors, energy efficiency, and flexible design options. These panels offer superior visual experiences, making them ideal choices for wearable devices requiring compact, sleek displays with excellent image quality.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The smart watch and smart ring LED market was valued at USD 770 million in 2023 and is estimated to register 5.5% CAGR between 2024 & 2032, driven by the growth and adoption of smart watches is the rapid technological advancements in wearable technology.

The smart ring segment is expected to register 8% CAGR through 2032, as users can effortlessly receive alerts, messages, and other notifications without the need to check their smartphones constantly.

Asia Pacific smart watch and smart ring led market accounted for 35% CAGR between 2024-2032, due to customer demands for convenience, wellness, and receptivity to new technologies.

Samsung Display, BOE Technology Group Co., Ltd, LG Display, OSRAM International GmbH, Japan Display Inc. (JDI), Nichia Corporation and DOWA Electronics Materials Co.