OLED Market 2022 Size & Industry Forecast by 2027

OLED Market report means to offer a coordinated and orderly methodology for the major aspects that have influenced the market in the past and the forthcoming market prospects on which the organizations can depend upon before investing. It furnishes with a reasonable examination of the market for better decision-making and assessment to put resources into it. The report analyses the elements and a complete detailed outlook of the main players that are probably going to add to the demand in the OLED in the upcoming years.

The OLED Market is expected to register a CAGR of 21.67% over the forecast period 2022-2027.

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Market Overview

 OLED continues to be a significant display technology trend, with larger screen sizes, improved 8K (7680 x 4320 pixels) resolution, and relatively new form factors. Companies, like Samsung and LG, experimented with flexible OLED displays for quite some time. Samsung, in particular, uses curved flexible OLED panels for all of its flagship devices now. Due to multiple advantages with viewing angles and black levels, OLED Televisions are surging in demand in several regions. According to the ICDM, in qualifying a TV resolution, contrast modulation is more critical than pure pixel count, and OLED TV displays cater to this specific demand

Major players in the OLED market are:

Samsung, LG, BOE, Everdisplay, Visionox, Tianma Micro-electronics,

Recent Development:                 

Samsung Electronics’ largest acquisition to date was in 2016, when it acquired Harman International Industries for $8.0B. It’s largest disclosed sale occurred in 2016, when it sold Samsung Electronics - Printer Business to HP for $1.1B. Samsung Electronics has acquired in 7 different US states, and 9 countries. The Company’s most targeted sectors include internet software and services (29%) and software (18%).

On the basis of types, the global OLED market from 2022 to 2027 is primarily split into:

PMOLED
AMOLED

 On the basis of applications, the global OLED market from 2022 to 2027 covers:

Mobile Phone
Head-mounted VR
Wearables Device
Tablet PC
TV
Others

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Regional Analysis:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

with sales, price, revenue, and market share from 2022 to 2027. All geographical markets ranging from emerging to current ones have been covered in the report. The global and regional conception evaluates the key factors, investment feasibility analysis, and SWOT analysis across various regions.

Asia-Pacific Dominates The Market 

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.

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The study objectives of this report are:

To study and analyze the global OLED market size (value and volume) by the company, key regions/countries, products and application, history data from 2016 to 2022, and forecast to 2027.
To understand the structure of the OLED market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the OLED market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
Focuses on the key global OLED market manufacturers, to define, describe, and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.

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Report Features:                           

The report delivers a detailed view of the industry based on OLED Market size, market growth, and opportunities. The report also analyses market key aspects such as-

- OLED Market structure: Overview, industry life cycle analysis, supply chain analysis

- OLED Market environment analysis: Growth drivers and constraints, and SWOT analysis.

- OLED Market trend and forecast analysis

- OLED Market segment trend and forecast

-Competitive landscape and dynamics: OLED Market share, product launches, etc.

-Attractive market segments and associated growth opportunities

-Emerging trends

-Strategic growth opportunities for the existing and new players

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