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Global OLED Market size was valued at USD 40.75 Bn. in 2023 and is expected to reach USD 108.66 Bn by 2030, at a CAGR of 15.04percent as per Stellar Market Research

07-31-2024 07:14 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: STELLAR MARKET RESEARCH

OLED Market

OLED Market

Stellar Market Research, has published market intelligence and competitive landscape report on the Global OLED Market. The report is a combination of primary data and secondary data and field experts have examined the Global OLED Market from a local, regional and global point of view. Over the forecast period, Stellar Market Research expects the Global OLED Market size was valued at USD 40.75 Bn. in 2023 and is expected to reach USD 108.66 Bn by 2030, at a CAGR of 15.04percent

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐ซ๐ž๐ ๐š๐ซ๐๐ข๐ง๐  ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฐ๐ž๐›๐ฉ๐š๐ ๐ž:https://www.stellarmr.com/report/OLED-Market/2216

Global OLED Market Overview:

Organic Light Emitting Diodes (OLEDs) are monolithic, solid-state devices made of organic thin films between two thin-film conductive electrodes. In conclusion, the OLED market is poised for substantial growth, projected to expand from USD 40.75 billion in 2023 to USD 108.66 billion by 2030, at a CAGR of 15.04% OLEDs offer superior image quality, energy efficiency, and versatility, making them a critical component in future display technologies across various industries, including consumer electronics, wearables, and automotive sectors.

Global OLED Market Dynamics:

OLED market is experiencing rapid growth driven by technological advancements such as QD-OLED and Micro-OLED innovations. However, the OLED market faces several challenges. High production costs hinder widespread adoption, as manufacturing OLED panels requires advanced technology and materials. Limited lifespan and burn-in issues reduce their appeal for certain applications, particularly on screens with static content. Additionally, securing a stable supply chain for key components is critical, given geopolitical and economic uncertainties that affect availability and pricing.

OLED Market Regional Insight

Asia Pacific held the OLED Market share in 2023. Developing economies such as China, Japan, India, and South Korea are the major key contributors to the growth of the market. Europe is also expected to see sustainable growth in the OLED market as the region is considered a leading luxury car manufacturer, most luxury car manufacturers install high-quality OLED displays such as HUDs, instrument clusters, and central stack displays.

๐…๐จ๐ซ ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฅ๐ข๐ง๐ค:https://www.stellarmr.com/report/req_sample/OLED-Market/2216

Global OLED Market Scope:

Market Size in 2023 USD 40.75 Bn.

Market Size in 2030 USD 108.66 Bn.

CAGR 15.04 % (2024-2030)

Forecast Period 2024-2030

Base Year 2023

Segment Covered by Type, technology and end use

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

Global OLED Market Segmentation:

By Type

Display
Lighting
By Technology

Passive-Matrix OLED (PMOLED)
Active-Matrix OLED (AMOLED)
Transparent OLED
Top-Emitting OLED
Foldable OLED
White OLED
By End Use

Consumer Electronics
Automotive
Retail
Aerospace & Defense
Healthcare
Others

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ:https://www.stellarmr.com/report/enquire_now/OLED-Market/2216

Leading Global OLED Market key industry:

Asia Pacific OLED Manufacturers

Samsung Electronics Co., Ltd. (South Korea)
DLC Display Co., Limited (China)
Sony Corporation (Japan)
SEIKO EPSON CORPORATION (Japan)
Innolux Corporation (Taiwan)
LG Electronics Inc. (South Korea)
RITEK Corporation (Taiwan)
Panasonic (Japan)

Key questions answered in the Global OLED Market are:

1] What is the growth rate of the Global OLED Market

2] Which region is expected to dominate the Global OLED Market?

3] What is the expected Global OLED Market size by 2030?

4] Which are the top players in the Global OLED Market?

5] What are the factors driving the Global OLED Market growth?

๐…๐จ๐ซ ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฅ๐ข๐ง๐ค:https://www.stellarmr.com/report/req_sample/OLED-Market/2216

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
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
Recommendations

Related Report

Europe OLED Market
Semiconductor in Telecommunication Market

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4 Kothrud

Pinnac Memories Fl. No. 3

Kothrud, Pune, Maharashtra, 411029

sales@stellarmr.com

+91 9607365656

About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

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