Press release
OLED Panel Market 2021 Size, Status and Global Outlook - Samsung Display Co. Ltd, LG Display Co. Ltd, Innolux Corp., Pioneer Corporation
The OLED Panel Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The OLED panel market is expected to register a CAGR of 12.9% during the forecast period, 2020 to 2025.
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Top Leading Companies of OLED Panel Market are Samsung Display Co. Ltd, LG Display Co. Ltd, Innolux Corp., Pioneer Corporation, Raystar Optronics Inc., Ritek Corporation, OSRAM OLED GmbH, WiseChip Semiconductor Inc., Winstar Display Co. Ltd, Visionox Co. Ltd and others.
Industry News and Updates
- Jun 2019 - LG Display announced the launch of a transparent OLED commercial display in the United States. It is a razor-thin see-through display designed to deliver a special customer experience in commercial applications, like retail and hospitality signage.
- Aug 2019 - Samsung Electronics announced that it reduced the LCD production at its Asan factory, about 100 kilometers south of Seoul, to prepare for large-scale investment in quantum dot (QD) OLED panels of hybrid display that uses both OLED and quantum dot technology.
Key Market Trends
Asia-Pacific Occupies the Largest Market Share
- Asia-Pacific is the biggest market for OLED panels as most of the key players, including LG, and Samsung, have their manufacturing facilities in the region. Additionally, several TV manufacturers, signage display manufacturers, and other vendors have their headquarters in the APAC region.
- Due to the trade war between the United States and China, a large portion of the budget planned by the Chinese government is percolating into the display industry. In contrast, the semiconductor industry, which is one of the intensive investment promotion industries, foreshadows difficulties.
- Despite its small size, South Korea invests in the academic R&D for OLED technology. The country is witnessing huge investments from electronics giants, like LG and Samsung.
- Further, Samsung closed its 8.5 generation production line in 2019, and it moving its focus to QD-OLED panels in acknowledgment of the price competition. LG is also planning to expand its OLED production capacities in China and Korea, targeting large-sized TV displays.
Regional Outlook of OLED Panel Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The OLED Panel Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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