OLED Market Report Based on Development, Scope, Share And Future Growth

5.9.2023: OLED Market is expected to grow at a rate of 13.9 % CAGR from 2023 to 2029, the OLED Market is reaching almost USD90.13 Bn. in 2029.

OLED Market Report Scope and Research Methodology

Report Scope: The OLED Market Report provides a comprehensive analysis of the OLED market, encompassing market dynamics, segmentation by end-user and technology, regional insights, and future growth prospects.

Research Methodology: The report is based on rigorous research methodology, including data collection, analysis, and forecasting, to provide stakeholders with valuable insights into the OLED market's past, present, and future trends.

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What are OLED Market Dynamics?

OLED technology is developing quickly.

around the years, OLEDs have drawn a lot of attention from the scientific and industrial sectors all around the world. With a focus on passive and active matrix solutions, a wide variety of OLEDs have entered the market and are finding use in a number of different industries. One of the main research areas in the OLED industry is the creation of white OLEDs with a long shelf life of more than 15,000 hours at a brightness level of 1,000 cd/m2. Additionally, flexible OLEDs have been used to create more portable, lightweight, durable devices.

Government programmes to encourage OLED use are expanding.

In order to cut expenses and pollution, governments are currently concentrating on using OLED technology-based lighting. The most favourable attitude of nations towards the adoption of OLED lighting technology is the reason why the global OLED market is expanding. For instance, the German government provides grants to communities so they can upgrade their outdated street lighting to the cutting-edge OLED technology. In the development and implementation of policy, standards, and regulations for lighting-related goods and services in the Middle East, MELA's objective is to represent the interests of the leading lighting product manufacturers in the region.

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OLED Market Segmentation?

by Application
Smartphone
Laptop & Pc Monitor
Single/large Format Display
Tablets
Smart Watch
Vehicle & Public Transport
Television
Others

by Display Panel Size
Upto-6inches
6-20inches
20-50inches
More than 50inches

by Technology
AMOLED (Active-Martix OLED)
PMOLED (Passive-Matrix OLED)
By Material
WOLED Materials (White OLED)
FMM RGB Materials
AMOLED Materials

by End-User
Industrial
Residential
Commerical
Sports & Entertainment
Automotive

The market is further divided into industrial, residential, commercial, sports and entertainment, and automotive segments based on end-user. OLED technology is gaining popularity in general lighting applications thanks to its enhanced performance and wide light source coverage. OLED lighting is employed in green buildings since it is both ecologically responsible and energy-efficient. The market for OLED lighting is expected to continue to be dominated by the general lighting industry during the time of the forecast. On the other side, the CAGR for the automotive lighting category is anticipated to climb more quickly between 2022 and 2029. The need for high-end lighting from luxury car makers and an increase in the number of OLED producers working together are two factors that are contributing to the automotive lighting industry's growing growth.

Who are OLED Market Key Players?

1.Acuity Brands
2. OLED works
3. Kopin Corporation
4. Pixelligient Technologies
5. BOE Technology
6. LG Display
7. Osram
8. AU Optronics
9. Tianma Microelectronics
10. Samsung Electronics
11. Universal Display Corporation
12. Lumiotec
13. Royole Corporation
14. Konica Minolta Pioneer OLED
15. China Star Optoelectronics Technolog
16. Emagin Corporation
17. JOLED
18. Raystar Optronics
19. Panasonic
20. Truly International
21. Visionox
22. Winstar Display
23. Wisechip Semiconductor

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Regional Insights:

The largest market will be in the Asia-Pacific area in 2022; significant manufacturers like LG, Samsung, etc. are largely from this region. This area is home to numerous manufacturers and suppliers. China's government plans to make significant investments in display technology in light of the ongoing trade spat with the US. China exports account for 38.1% of global exports. Additionally, South Korea is spending money on R&D and OLED technology.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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