Press release
Global OLED Market To Be Driven By The Escalating Demand For AMOLED Smartphones And Wearable Technologies In The Forecast Period Of 2021-2026
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/oled-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): USD 34 billion
Forecast CAGR (2021-2026): 21%
The market for OLED is being aided by the rising smartphone ownership and the increasing demand for smartphones with better display and brightness. The rising use of Active-matrix OLED (AMOLED) display in smartphones and wearable devices to provide better display quality than LED is augmenting the market growth.
In addition, OLED displays have extensive use in industries like healthcare and construction, among others, which is providing further impetus to the market growth. Also, increasing research and development (R&D) by the major companies such as Panasonic, LG, and Samsung are propelling the market growth. The Asia Pacific market is growing rapidly owing to escalating manufacturing activities and rising demand for consumer electronics, hence contributing to the overall market growth.
Industry Definition and Major Segments
OLED, variously known as organic light emitting diode, is a technology that uses organic molecules to produce lights. It does not require backlighting and consumes less power, it is widely used in electronic equipment, signalling, and general lighting. OLED displays are typically used in televisions, laptops, cellular phones, car stereo, and digital video cameras, among others.
Explore full report with table of contents: https://www.expertmarketresearch.com/reports/oled-market
The market can be broadly categorised on the basis of its products into:
Display
Lighting
The major technologies of OLED are:
Active-matrix OLED (AMOLED)
Passive-matrix OLED (PAMOLED)
Foldable OLED
White OLED
Transparent OLED
Others
On the basis of end-use, the market can be divided into:
Consumer Electronics
Automotive
Retail
Industrial and Enterprise
Aerospace and Defence
Healthcare
Others
The regional markets of OLED are:
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
Market Trends
The OLED industry is driven by the rising demand for better displays in smartphones and televisions. The increasing use of OLED in various industrial applications like measurement equipment, instrumentation, benchtop equipment, current analysers, and industrial handheld monitors, among others, is also expected to aid the market growth.
The advent of transparent and flexible televisions which can provide a lifelike experience is anticipated to propel the growth of the OLED industry. Additionally, the surging popularity of foldable smartphones which use AMOLED display is augmenting the industry growth. The technological advancements and increasing future potential for OLED to be used in electric cars are expected to bolster the market growth.
Key Market Players
The major players in the market are LG Electronics, Samsung Electronics Co Ltd, AU Optronics Corp, OSRAM GmbH, OLEDWorks LLC, and Koninklijke Philips N.V., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Report:
Content Intelligence Market: https://www.expertmarketresearch.com/reports/content-intelligence-market
Rice Bran Oil Market: https://www.expertmarketresearch.com/articles/top-5-companies-united-states-basmati-rice-market
Electric Vehicle (EV) Transmission Market: https://www.expertmarketresearch.com/reports/electric-vehicle-transmission-market
Intelligent Pigging Market: https://www.expertmarketresearch.com/reports/intelligent-pigging-market
Data Centre Transfer Switches and Switchgears Market: https://www.expertmarketresearch.com/reports/data-centre-transfer-switches-and-switchgears-market
Amorphous Soft Magnetic Materials Market: https://www.expertmarketresearch.com/reports/amorphous-soft-magnetic-materials-market
Metal Finishing Market: https://www.expertmarketresearch.com/reports/metal-finishing-market
Smart Syringe Market: https://www.expertmarketresearch.com/reports/smart-syringe-market
Carbon Felt and Graphite Felt Market: https://www.expertmarketresearch.com/reports/carbon-felt-and-graphite-felt-market
Crop Insurance Market: https://www.expertmarketresearch.com/reports/crop-insurance-market
Media Contact
Company Name: Claight Corporation
Contact Person:- Eliana Grace, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY
Website: https://www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global OLED Market To Be Driven By The Escalating Demand For AMOLED Smartphones And Wearable Technologies In The Forecast Period Of 2021-2026 here
News-ID: 2723792 • Views: …
More Releases from Expert Market Research
Global Modular Chiller Market Trends, Growth, Key Players, Share, Size, Report, …
According to the report by Expert Market Research (EMR), the global modular chiller market is projected to grow at a CAGR of 6% between 2024 and 2032. Aided by the increasing demand for energy-efficient cooling systems and the versatility of modular chillers, the market is expected to grow significantly by 2032.
Modular chillers are cooling systems composed of multiple smaller units that can be connected to work as a single large…
LED Bulb Market Size, Share, Industry Growth, Analysis, Key Players, Report And …
According to the report by Expert Market Research (EMR), the global LED bulb market is anticipated to witness substantial growth, with a projected CAGR of 9.7% during the forecast period from 2024 to 2032. This growth trajectory is attributed to several factors, including the increasing adoption of energy-efficient lighting solutions, government initiatives promoting sustainable practices, and advancements in LED technology driving product innovation and affordability.
LED bulbs have emerged as a…
Driving Toward Sustainability: The Evolution of Europe Electric Bus Market
The Europe electric bus market is rapidly expanding, driven by environmental concerns and government initiatives. With a focus on reducing emissions, cities across Europe are adopting electric buses for public transportation. Key players like BYD, Volvo, and Daimler are leading the market with innovative technologies and partnerships. Supportive policies, including subsidies and incentives, further propel market growth. Increased investments in charging infrastructure and advancements in battery technology contribute to the…
Global Directed Energy Weapons Market Size, Share, Price, Trends, Growth, Analys …
According to the report by Expert Market Research (EMR), the global directed energy weapons market is projected to grow at a CAGR of 18.48% between 2024 and 2032. Aided by the burgeoning advancements in defense technologies and increasing global security concerns, the market is expected to grow significantly by 2032.
Directed Energy Weapons are a class of weapons that emit focused energy in the form of lasers, microwaves, or particle beams.…
More Releases for LED
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
Global LED Drivers Market 2017 Trends By Product(Buck-Boost LED Drivers, Multito …
Scope Of Global LED Drivers Market Research Report 2017
Global LED Drivers Market Report Based On Defination, Status and Forecast 2022 contains a market overview of the industry which talks about market Application, production, Consumption, revenue, Gross margin, sales volumes and figures, growth estimation in coming years, current industry leaders and their sales/revenue metrics.
Request For Free Sample Report Here : https://www.reportsmonitor.com/request-sample/?post=489550
This report studies the global LED Drivers market, analyzes and…
LED Flashlight Market 2017 - SureFire, LED Lenser, Pelican, NovaTac
Apex Research, recently published a detailed market research study focused on the "LED Flashlight Market" across the global, regional and country level. The report provides 360° analysis of "LED Flashlight Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LED Flashlight industry, and estimates the future trend of LED Flashlight market on…
LED Light: 2017 Global LED Light Bulb Market Outlook
Orbis Research delivers key insights on the Global LED Light Bulb Market in a new report titled “Global LED Light Bulb Market Research Report 2017-2022 by Players, Regions, Product Types and Applications.” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period (2017 – 2022).
Description
The Global LED Light Bulb Market report offers a comprehensive evaluation of the Global LED…
