Press release
Flexible Organic Light Emitting Diode Market Size to be Worth USD 99.72 Billion Growing at 41.2% CAGR till 2030; Industry Revenue, Statistics, Forecast by Emergen Research
The global flexible Organic Light Emitting Diode (OLED) market size reached USD 4.48 Billion in 2021 and is expected to register a revenue CAGR of 41.2% during the forecast period, according to latest analysis by Emergen Research. Rapid growth of smartphone industry and increasing need to reduce thickness of display are expected to support market revenue growth between 2022 and 2030. Additionally, increasing need for fast response time to the user will drive revenue growth of market. Increasing development of material science and technology has led to development of several flexible display devices. Rising use of flexible OLED technology in e-papers, electronic posters and labels, smart devices, and televisions are expected to drive market revenue growth during the forecast period. Increasing urbanization and rising disposable incomes have also resulted in a rapid increase in adoption of high-end televisions, wearables, and smartphones. Furthermore, devices with flexible OLED takes less time in responding to users' need which is further boosting demand for flexible OLED.The Flexible Organic Light Emitting Diode Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Flexible Organic Light Emitting Diode market. The report offers in-depth research and assessment of the key elements of the global Flexible Organic Light Emitting Diode market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Flexible Organic Light Emitting Diode market.
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Some Key Highlights from the Report
Active-Matrix OLED (AMOLED) segment is expected to account for a larger revenue share during the forecast period, owing to increasing need for better viewing angles and faster refresh rate for smoother interaction
Curved display segment is expected to register significantly rapid CAGR during the forecast period due to increasing need for wide field of view that causes less eye irritation
Smartphones segment is expected to register a substantially rapid revenue CAGR during the forecast period due to increasing need for better contrast ratio and improved brightness consistency
Consumer electronics segment is expected to lead in terms of revenue contribution to the global market over the forecast period due to increasing need for thinner, lighter, and more flexible devices, as well as improved image quality
Asia Pacific market is expected to account for largest revenue share during the forecast period due to robust presence of major market players providing flexible OLED such as Samsung Electronics Co. Ltd., Sony Group Corporation, LG Display Co. Ltd., BOE Technology Group Co. Ltd., AU Optronics Corporation, and Japan Display, Inc., among others in countries in the region
The researchers have considered all the factors influencing the growth of the Flexible Organic Light Emitting Diode market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Flexible Organic Light Emitting Diode market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Flexible Organic Light Emitting Diode market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
Major Players/Manufacturers profiled in the report are:
Samsung Electronics Co. Ltd., Sony Group Corporation, Koninklijke Philips N.V., DuPont de Nemours, Inc., LG Display Co. Ltd., BOE Technology Group Co. Ltd., AU Optronics Corporation, Japan Display, Inc., OSRAM GmbH, and Pioneer Corporation
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Emergen Research has segmented global flexible OLED market on the basis of technology, flexibility type, application, end-use, and region:
Technology Outlook (Revenue, USD Billion; 2019-2030)
Passive-Matrix OLED (PMOLED)
Active-Matrix OLED (AMOLED)
Flexibility Type Outlook (Revenue, USD Billion; 2019-2030)
Curved Display
Foldable Display
Application Outlook (Revenue, USD Billion; 2019-2030)
Lighting
Smart Phones
Television
Monitor
Wearables
Others
End-use Outlook (Revenue, USD Billion; 2019-2030)
Consumer Electronics
Automotive
Sports and Entertainment
Others
The Global Flexible Organic Light Emitting Diode Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Flexible Organic Light Emitting Diode market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report offers insightful information about the market dynamics of the Flexible Organic Light Emitting Diode market. It offers SWOT analysis, PESTEL analysis, and Porter's Five Forces analysis to present a better understanding of the Flexible Organic Light Emitting Diode market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Flexible Organic Light Emitting Diode market.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter's Five Forces analysis
In-depth 8 year analysis of the Global Flexible Organic Light Emitting Diode Market
Critical assessment of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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