Country for PR: United States
Contributor: PR Newswire New York
Wednesday, September 21 2022 - 14:00
AsiaNet
Omdia: Cover lens module market to encounter its first ever shipment decline in 2022
LONDON, Sept. 21, 2022 /PRNewswire-AsiaNet/ --

As a result of factors such as stock clean-up, inflation and geopolitical 
issues influencing consumer device markets, Omdia estimates ( 
https://omdia.tech.informa.com/topic-pages/displays ) the cover lens module 
shipments will inevitably decrease from 6.36 billion units in 2021 to 6.01 
billion units in 2022, down 4.5% year on year (YoY).

Photo - 
https://mma.prnewswire.com/media/1897726/Cover_lens_end_market_unit_forecasts_2019_26.jpg


Kimi Lin, Senior Research Analyst at Omdia ( 
https://omdia.tech.informa.com/authors/kimi-lin ) said: "This is the first time 
that cover lens module shipments will record a decline in our experience. 
However, Omdia speculates shipments will slightly bounce back in 2023 if these 
influential factors can be relieved by the end of 2022. As for long-term 
forecasts, mild shipment decline could last for some years and depend on the 
market saturation and weak demands in IT and CE applications."

Mobile phone applications account for the largest shipment share (48.7% in 
2021). Alkali-based glass materials including soda lime, aluminosilicate, and 
lithium aluminosilicate are dominant in mobile phone application. Lithium 
aluminosilicate (37.7%) surpassed aluminosilicate (33.6%) and grabbed the 
biggest shipment share in 2021. Glass ceramic material accounted for 3.1% share 
in 2021 due to Apple's adoption in the iPhone. In contras t, the Android brands 
adoption rate of ceramic glass was low because of limited capacity.  Use of 
compound materials is rising because it is a more cost-effective option for 
rear-side cover lens use than alkali-based glass materials in the 3D form 
factor. Ceramic shipments for rear-side cover lens use reached peak levels in 
2020 but were expected to eventually decline due to higher cost and fewer 
supplier sources.

On the other hand, CPI (colorless polyimide) and UTG (ultra-thin glass) are 
widely applied on foldable AMOLED display devices (active-matrix organic 
light-emitting diode) such as Samsung Galaxy Z Fold series, Samsung Galaxy Z 
Flip series, Huawei Mate X series, Xiaomi Fold series, OPPO Find N series, Moto 
Razr series, Honor Magic V series, and Vivo X-Fold series. Shipments of the 
foldable cover lenses applied in smartphones are still limited. Omdia estimates 
shipments will gradually increase while the cost and performance are further 
improved in areas such as resistance and crease in foldable phones.

About Omdia
Omdia is a leading research and advisory group focused on the technology 
industry. With clients operating in over 120 countries, Omdia provides 
market-critical data, analysis, advice, and custom consulting.

Contact:
Fasiha Khan / T: +44 7503 666806 / E: fasiha.khan@omdia.com

Visit Omdia ( 
https://omdia.tech.informa.com/?utm_source=media&utm_medium=pressrelease&utm_campaign=AImarketmaturity 
)

SOURCE: Omdia
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