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OLED Encapsulation Material Market 2020 | Key Dynamics, Worldwide Opportunities, Future Potential 2027

03-27-2020 03:06 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Organic light emitting diodes (OLED) uses flat technology for light emission. It is prepared by placing a series of thin, usually carbon-based organic films, between two conductors. They light up once electric current is passed through these films. OLEDs are thus used to manufacture display and lighting panels. Displays made by OLED technology are much thinner and efficient compared to previous technology, such as liquid crystal display (LCD). They also offer better image quality than their ancestors.

The demand for OLED technology is expected to rise globally in the next 45 years, owing to various factors, such as advancement of OLED technology, increase in smartphones usage, rise in acceptance of TVs and gaming consoles, expansion of wireless devices, and requirement for OLED display panels. However, high price of these displays restrain the growth of the market. Moreover, rise in application for media and entertainment industry is expected to open new opportunities in the market.

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The OLED encapsulation material market is segmented based on the encapsulation type, application, and geography. By type, it is classified as rigid glass, flexible glass, multilayer thin films & laminates, conformal coatings, and metal foils. Based on application, it is bifurcated into small/medium OLED displays and OLED lighting. Geographically, the market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (Japan, China, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Major players profiled in the report are Samsung Display, LG Display Co., Ltd., AU Optronics Corp., Shenzhen Star Optoelectronic Technology Co. Ltd., Visionox Company, Sony Corporation of America, Panasonic Corporation, Japan Display Inc., Foxconn Electronics Inc., and Toshiba Corporation.

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Key Players:
o Samsung Display
o LG Display Co., Ltd.
o AU Optronics Corp.
o Shenzhen Star Optoelectronic Technology
o Visionox Company
o Sony Corporation of America
o Panasonic Corporation
o Japan Display Inc.
o Foxconn Electronics Inc.
o Toshiba Corporation

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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