Press release
At a CAGR of 16.68%, Global Automotive OLED Market will grow positively during 2017-2021: Key Vendors are OSRAM, LG Chem, Philips, Astron FIAMM
ABSTRACT
About Automotive OLED
An OLED is a LED that emits light in response to an electric current. In an OLED, the emissive electroluminescent layer is a film of organic compounds, which is responsible for the emission of light on application of electricity. OLEDs are used to create digital displays in various electronic applications such as TV screens, PC monitors, mobile phones, and gaming consoles. OLED lights can display deeper black levels on screens and are lighter and thinner than LED lights. An OLED light achieves a higher contrast ratio than a LED light in low ambient light conditions such as in dark rooms. As OLED production lines are still small, costs of OLED production are high. The automotive OLED market is at a dormant stage currently, and it would require several years to develop and become mature.
Technavios analysts forecast the global automotive OLED market to grow at a CAGR of 16.68% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automotive OLED market for 2017-2021. To calculate the market size, the report covers the units produced for headlamps, rear lamps, fog lamps, side lamps, and interior displays panels.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive OLED Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Key market highlights
Overview: OLED
Top-vendor offerings
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global automotive OLED market for exterior lighting 2016-2021
Global automotive OLED market for interior lighting 2016-2021
PART 07: Geographical segmentation
Automotive OLED market in EMEA
Automotive OLED market in the Americas
Automotive OLED market in APAC
PART 08: Market drivers
Design flexibility
Inherent advantages
Structural advantage
Improvement in the comfort, safety, and appearance of vehicles through the use of OLEDs
Falling price of LED displays to incentivize higher sales of OLED systems
PART 09: Market challenges
High cost of production
Intense vendor competition
Short lifespan
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