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LONDON, Sept. 21, 2022 /PRNewswire=KYODO JBN/ --

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