South Korea OLED Market Set to Grow to USD 27.01 Billion by 2030, Fueled by an 8.9% CAGR as per Stellar Market Research

𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐝 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐆𝐫𝐨𝐰𝐭𝐡:

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚 𝐎𝐋𝐄𝐃 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 14.87 Bn. in 2023 and the total South Korean market size is expected to grow at a CAGR of 8.9% from 2024 to 2030, reaching nearly USD 27.01 Bn. by 2030.

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚 𝐎𝐋𝐄𝐃 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

OLED (Organic Light Emitting Diodes) technology creates light by layering organic thin films between two conductors, emitting bright light when an electrical current is applied. Unlike LCDs, which require a backlight, OLEDs are self-emitting and do not need one, making them thinner and more energy-efficient. Recent advancements in OLED technology, such as the development of flexible and transparent OLEDs, are expanding their applications across various industries. The emergence of new OLED technologies, including Micro-OLED and QD-OLED, is expected to drive significant growth in the South Korean OLED market.

South Korean display manufacturers, including industry giants like Samsung Display, LG Display, and BOE, are focusing on producing flexible OLED panels and high-value-added IT OLED panels for laptops and tablets. With an annual production of approximately 1 billion OLED panels, these companies are working to sustain their leadership in the OLED sector, particularly in smaller OLED panel markets. The adoption of flexible OLEDs has been growing, with their integration into smartphones, wearables, and other devices.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:https://www.stellarmr.com/report/req_sample/south-korea-oled-market/2354

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚 𝐎𝐋𝐄𝐃 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬?

The South Korean OLED market is experiencing robust growth due to rising demand across sectors such as smartphones, TVs, and digital signage. The superior image quality, flexibility, and energy efficiency of OLED technology are driving its widespread use in electronic devices. South Korea is actively addressing new demand areas, including virtual reality, automotive applications, architecture, and medical fields, by developing versatile displays such as foldable, rollable, stretchable, and transparent OLEDs, as well as advanced 3D displays like holograms.

Following the successful mass production of the world's first quantum dot (QD) display product in 2021, South Korea is focused on advancing next-generation technologies like micro-LEDs and micro displays for augmented reality (AR) and virtual reality (VR), while also enhancing OLED technologies. The country plans to invest KRW 65 trillion by 2027 to boost production of QD-OLED TVs and expand OLED applications in mobile, IT, and automotive sectors. South Korea is poised to lead the development of next-generation technologies, producing OLEDs for a range of products including laptops, tablets, mobile phones, and TVs.

𝐅𝐑𝐄𝐄 𝐆𝐞𝐭 𝐚 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰! @https://www.stellarmr.com/report/req_sample/south-korea-oled-market/2354

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚 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 & Defence
Healthcare
Others

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚 𝐎𝐋𝐄𝐃 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

Samsung Display Co., Ltd
BOE Technology Group Co.
LG Display Co., Ltd
Xiaomi
Others

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐥𝐞𝐚𝐬𝐞 𝐕𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/south-korea-oled-market/2354

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment
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
Recommendations

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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

Pinnac Memories Fl. No. 3, Kothrud, Pune,

Pune, Maharashtra, 411029

sales@stellarmr.com

𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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