Press release
Organic Light Emitting Diode (OLED) Market Outlook to 2025 - Universal Display Corporation, Kunshan Visionox, LG Display Co, OSRAM Light, Futaba Corporation, Samsung Electronics Co, Philips, and Sony Corporation
OLED Market
Growing Consumer Electronics Application will escalate the OLED Market at a CAGR of 11.8%
Rising demand of consumer and commercial products such as smartphones, TV, wearable electronics devices, digital signage in market will drive the Organic Light Emitting Diode (OLED) Market during the forecast period. However, high manufacturing cost and short lifespan is obstructing the market growth in near future.
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The leading OLED market players are Futaba Corporation, Samsung Electronics Co., Ltd., Universal Display Corporation, Kunshan Visionox and LG Display Co., Ltd, OSRAM Light AG, Philips, Sony Corporation and other global and local players.
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.).
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
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Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Organic Light Emitting Diode (OLED) Market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Organic Light Emitting Diode (OLED) Market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
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