Press release
OLED Market is Growing at a CAGR of 12.2% During 2016-2025 | Top Leaders are Universal Display Corporation, Kunshan Visionox and LG Display Co., Ltd, OSRAM Light AG, Philips, and Sony Corporation
Organic Light Emitting Diode (OLED) Market is expected to grow from US$ US$ 13.84 Bn in 2016 to US$ 38.96 Bn by 2025 at a CAGR of 12.2% between 2016 and 2025.OLED market has been seeing decent growth rate in coming year in almost all application areas, especially in consumer electronics and automotive. The consumer electronics industry is expected to hold the largest market share and dominate the OLED market between 2016 and 2025. Increasing penetration of wearable electronics and smart phone flexible display applications are creating a huge demand for OLED within the consumer electronics segment. The industry shares more than 50% of the global OLED market with multiple applications in wearable, smart phones, Laptops, TV and so on. Also, the global market for OLED is segmented on the basis of end-user verticals into retail lighting, security & signage, automotive, consumer products, architecture and others (industrial, food, medical etc.).
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Top Leaders:
FUTABA CORPORATION
Samsung Electronics Co., Ltd.
Universal Display Corporation
Kunshan Visionox Display Technology Co., Ltd
DLC Display Co., Limited
Pioneer Corporation
Sony Corporation
Koninklijke Philips N.V
Acuity Brands Lighting Inc
The overall Organic Light Emitting Diode (OLED) Market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Organic Light Emitting Diode (OLED) Market
Global Organic Light Emitting Diode (OLED) Market has been categorized by technology into; Passive Matrix Organic Light Emitting Diode (PMOLED) and Active Matrix Organic Light Emitting Diode (AMOLED). AMOLEDs can be made used for larger display and have no restriction on size or resolution. AMOLED panels started emerging in 2007 and 2008 and soon captured market application in larger displays such as mobile video players, digital cameras, mobile phones main displays and even OLED TV sets.
The Organic Light Emitting Diode (OLED) Market on the basis of application has been segmented into OLED Displays and OLED Lighting. OLEDs are used to produce digital displays in devices such as TV screens, computer monitors and portable devices such as handheld game consoles, mobile phones and PDAs. An OLED display is capable of displaying deep black levels and is lighter and thinner in comparison to a LCD, as it does not have a backlight. OLEDs lights are comprised of semiconductor material layered between two electrodes. OLED is a combination of thin layers of green, blue and red film to release a softer white light.
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The report segments the global OLED market as follows:
Global OLED Market - By Technology
- Active Matrix Organic Light Emitting Diode (AMOLED)
- Passive Matrix Organic Light Emitting Diode (PMOLED)
Global OLED Market - By Application
- OLED Display
- OLED Lighting
Global OLED Market - By End-user Industry
- Retail
- Security and Signage
- Automotive
- Consumer Electronics
- Architecture
- Others
Global OLED Market - By Geography
North America
-U.S.
-Canada
-Mexico
Europe
-France
-Germany
-Italy
-Spain
-U.K.
-Rest of Europe
Asia Pacific (APAC)
-Japan
-China
-India
-Australia
-Rest of APAC
Middle East & Africa (MEA)
-Saudi Arabia
-U.A.E.
-South Africa
-Rest of MEA
South America (SA)
-Brazil
-Rest of SA
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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Email: sales@theinsightpartners.com
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