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OLED Displays Market Is Booming Worldwide by 2027 | SMD, LGD, SONY, Futaba Corporation, Sichuan CCO Display Technology

11-02-2021 07:37 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

The OLED Displays 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 an 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. As per our analysis, this industry will recover post-COVID, and this market will flourish during the forecast period.

SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)

Click the link to get a Free Sample Copy of the Report @:

https://www.marketinsightsreports.com/reports/10273534375/china-oled-displays-market-report-forecast-2021-2027/inquiry?Mode=21

“OLED Displays Market size was valued at USD 27.94 Billion in 2020 and is projected to reach USD 72.71 Billion by 2028, growing at a CAGR of 13.9 % from 2021 to 2028”

Top leading Companies Profiled in OLED Displays Market Report are SMD, LGD, SONY, Futaba Corporation, Sichuan CCO Display Technology, RITEK, Visionox, JOLED, EDO, Fashion, Samsung applications, Sony applications, LG applications, Mitsubishi applications, Recom Group/video name tag applications, BMW, Dell

Latest Update and Developments

Sep 16, 2021 Samsung starts mass production of 90Hz OLED laptop displays- South Korean tech giant Samsung has announced that it is starting mass production of the world's first 90Hz OLED laptops in the first quarter of this year. This was announced by Samsung Display chief executive officer Joo Sun Choi, who said that the company will initially produce large quantities of 14-inch, 90Hz OLED displays that are meant for laptops and notebooks, beginning in March.

Samsung Display is on track to launch QD-OLED displays in H2 2021- Samsung Display, Samsung’s display panel manufacturing arm, had decided to switch from LCD to QD-OLED technology for TVs in 2019. The company said that it would invest around $11 billion by 2025 to manufacture large-sized OLED panels. It appears that Samsung Display is on track to release its QD-OLED panels in the second half of this year.

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.

Market Overview

The increasing use of OLED displays in smartphones, as well as favorable user experiences with OLED devices, are projected to drive the worldwide OLED market forward. The Global OLED Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

OLED (organic light-emitting diodes) is a flat light-emitting technology, made by placing a series of organic thin films between two conductors. The smartphone display applications are the most dynamic among other applications. Panel manufacturers are already displaying their OLED panels for companies venturing into foldable phones and laptops, such as Samsung, Lenovo, and Intel (laptops). The study deals with the market trends, growth, and estimated numbers of the OLED market. The market is segmented by type (flexible, rigid, and transparent) and geography, covering North America, Europe, Asia-Pacific, and the Rest of the World.

The substantial growth of the European automotive industry is the major driver for the growth of the OLED market in this region. Globally, Europe is considered as a prominent luxury/premium car manufacturer. As most of the luxury/premium car manufacturers install automotive OLED displays, such as HUDs, central stack displays, and instrument clusters, that provide safety features, the demand for OLED displays is increasing in this region. Western Europe is one of the largest advertising markets in the world.

China is the global hub for manufacturing. It is one of the largest exporters of consumer goods, and it is the fastest-growing consumer market in the world. The country boasts of the world's largest television market. For instance, LG is planning to collaborate with the retailers and TV makers in China to expand its OLED panel business. The sales of OLED display panels are expected to grow exponentially in the region.

Market Research Study Focus on these Types:

Transparent OLEDs

Stacked OLEDs

Inverted OLEDs

Market Research Study Focus on these Applications:

Mobile Phones

Portable Digital Media Players

Car Radios

Digital Cameras

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

Get Benefited discount at:

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Key Takeaways from OLED Displays Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the OLED Displays market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – OLED Displays market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the OLED Displays

Buy Now This Report at

https://www.marketinsightsreports.com/report/purchase/10273534375?mode=su?Mode=21

In conclusion, the OLED Displays market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the OLED Displays Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

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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