Press release
OLED Display Market: Competitive Dynamics & Global Outlook 2023
The OLED (Organic Light Emitting Diode) is a brighter, higher contrast display that has faster response times, wider viewing angles and consumes less power than conventional VFD, LED or Liquid Crystal Displays. OLED displays are self-illuminating due to their organic material and require no backlight for maximum visibility in all environments.
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Global OLED Display Market: Forecast by Type / Application / Region
OLED Displays are made up of a layer of organic material placed between two conductors. These two conductors (an anode and a cathode) are then between a glass top plate (seal) and a glass bottom plate (substrate). When an electric current is applied to the two conductors, the organic material produces a bright, electro-luminescent light. When energy passes from the negatively charged layer (cathode) to the other (anode) layer, it stimulates the organic material between the two, which in turns emits lights that is visible through the outermost layer of glass.
At present, the OLED Display industry is still in the developing stage, the world's large production is mainly concentrated in Korea. The technology and market share is monopolized by Samsung and LG. Many manufacturers are in the research level and begin to mass production in 2015, Like EDO, established in 2012 in china, announce the AMOLED Display capacity is 15K/month. And JOLED Inc., joint venture of Japan Display, Sony and Panasonic, which set up to break the monopoly of Samsung and LG, JOLED will mainly target laptops and tablets.
OLED Display is a high technology industry, especially the manufacturing material and equipment. With the expansion of downstream application area, the cost will decrease. If it replace the LCD/LED, the market is very huge. Although OLED Display brings a lot of opportunities, the research group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
Over the next five years, LPI(LP Information) projects that OLED Display will register a 24.4% CAGR in terms of revenue, reach US$ 82000 million by 2023, from US$ 27500 million in 2017.
Global OLED Display Market: Key Players
SMD
LGD
SONY
Futaba Corporation
Sichuan CCO Display Technology
RITEK
Visionox
JOLED
EDO
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Related Information:
United States OLED Display Market Research Report 2018
Europe OLED Display Market Research Report 2018
North America OLED Display Market Research Report 2018
Asia-Pacific OLED Display Market Research Report 2018
China OLED Display Market Research Report 2018
EMEA OLED Display Market Research Report 2018
Global OLED Display Market Research Report 2018
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