LED and OLED Display Market 2018 – 2027 Key Leaders by: OSRAM GmbH, Corning, LG Electronics Inc, Samsung Electronics Co. Ltd

LED and OLED Display Market Overview:
OLED & LED displays demand has seen a high level of demand in recent times due to their increased usage in products especially in consumer electronics. Market Research Future which concentrates on market reports linked to the Information and Communications Technology sector amongst others recently made available a report on this sector. The industry is expected to demonstrate a high level of growth in the forecast period which can be primarily attributed to an excellent CAGR rate and revenue levels.

The sector will continue to achieve high levels of growth owing to the high level of demand from the consumer end which is prompting manufacturers to use it more intensively in their product range. The market is expected to favorably influenced by the factors prevalent in the industry which will create a positive set up for more investment and advancements in the sector in the forecast period.

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Global Competitive Analysis:
The businesses in this trade area are combining their resources to attain their vision for achieving a substantial portion of the business as early as possible. This has raised the possibilities for the approaching growth period significantly. The merchandise that are being provided presently differ greatly because of the rationale of the robust pace of technological discoveries. This consequence is productive for companies so they can aim to uphold their commercial enterprise's liquidity to take the most effective decisions in terms of strategy execution and designing. The profitable situations accessible in this market are being utilized by candidates who are trying to increase their market coverage by focused development which can encourage the expansion of this business sector. The significant companies in the OLED & LED display segment comprise of OSRAM GmbH (Germany), Corning (U.S.), LG Electronics Inc.(South Korea) and Samsung Electronics Co. Ltd. (South Korea).

Industry Segments:
The OLED & LED display industry globally can be segmented into type and application category.
On the basis of Type: inorganic LED, active-matrix OLED (AMOLED), Passive-matrix OLED (PMOLED), organic LED, and high brightness LED among others.

On the basis of Application: residential, commercial, and industrial among others. The residential and commercials form a major part of the market in this industry.

Detailed Regional Analysis:
The region wise division of the industry for LED and OLED display technologies has been divided into Asia Pacific, Europe, North America and Rest of the World. The North American region is controlling a significant portion of the LED & OLED Display Market with the major market portion owing to incidence of reputable market players and rising technical base in the region, and thus accounting for millions of dollars in revenue and is anticipated to develop over favorably by the year 2027. The OLED & LED display market in the Asia-Pacific region is likely to expand at an incomparable CAGR per cent from the figures in 2016 to a higher percent in the year 2027. The European region for OLED & LED display market is expected to grow at a positive CAGR in the forecast period.

Industry Updates:

Feb 2018 A leader in technology and materials for OLED displays and lighting, Universal Display has got a significant boost up recently due to a deal with Samsung which is a well known South Korean consumer electronics giant. Universal Display which is a New Jersey, US based company which has of late stated the signing of a long-term OLED material supply and license contract with Samsung Display. As a part of thesecontracts, Universal Display will carry on the delivery of its proprietary phosphorescent organic light-emitting diode materials and technology, UniversalPHOLED to Samsung for use in their Samsung's OLED displays, which also includes the smartphone screens.

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Mar 2018 A developer of key technologies for micro-LED displays, VueReal Inc., declared recently the initial closing of its $Series A funding worth 10.5 million (USD) which was carried out by a large Asian company’s the venture arm and North American vendor who is leading the segment focused on startups with emerging technology. The company will utilize the funding to speed up the development of their micro-LED technologies by growing its team and initiating its characterization center and advanced micro-device development.

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